BHP makes US$400-million climate-change emissions pledge

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BHP makes US$400-million climate-change emissions pledge GlobeBusiness

From next year it will set a medium-term, science-based decarbonisation target, he said in a speech at an event organised by the Financial Times.Emissions are divided into categories. Scope 1 and 2 cover an organisation’s direct emissions and indirect emissions generated by power it buys to run its operations.Oil major Shell has also pledged to address Scope 3 emissions, but many other resources companies have been reluctant to confront what is a huge problem.

BHP’s closest rival, Rio Tinto, has said Scope 3 emissions are caused by its customers, especially in China, and it has little control over them. Some in the industry have criticised BHP for a focus on bulk commodities rather than minerals that are needed for electric vehicles, such as lithium and cobalt.

 

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