MELBOURNE - BHP Group will focus on cutting its operational emissions by 30 per cent by the 2030 financial year from 2020 levels, and will link executive bonuses to its progress, its chief executive said in a climate strategy update on Thursday .
"Unfortunately, today the world is not currently on track... The world will need to increase action if it is to achieve the ambitions of Paris." "We expect our actions to catalyse broader emissions reductions throughout the steel and maritime sectors," Mr Henry said, adding that 10 per cent of short-term incentives for the executive leadership team will be linked to the firm's climate change progress.
"BHP has set the bar for its diversified mining competitors," its executive director Julien Vincent said, pointing to Rio Tinto's target to reduce its operational emissions to 15 per cent below 2018 levels by 2030.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Coronavirus: New York City restaurants can resume indoor dining on Sept 30, says governorNEW YORK (REUTERS) - New York City restaurants will be able to resume indoor dining at 25 per cent capacity with some restrictions on Sept 30, New York Governor Andrew Cuomo said on Wednesday (Sept 9), relaxing one of last big lockdown limitations on life in the nation's most populous city.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Football: Transfer market could shrink up to 30%, says European club boss AgnelliEuropean clubs are facing a cash crisis and the transfer market could shrink by 20per cent-30per cent because of the COVID-19 pandemic, the head ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
South Korea's president vows to shut down 30 more coal plants to battle climate change, air pollutionSEOUL (KOREA HERALD/ASIA NEWS NETWORK) - South Korea will shut down 30 additional coal power plants by 2034 in line with the country's ambition to cut greenhouse gas emissions and promote eco-friendly energy sources, President Moon Jae-in announced Monday (Sept 7).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Ronaldo nets 100th international goal as Portugal down SwedenSTOCKHOLM: Cristiano Ronaldo rattled home a superb first-half free kick to become only the second male player to score 100 international goals as ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Football: Premier League clubs forget COVID-19 crisis in transfer splurgeLONDON: Just five months after Premier League clubs consulted their players about taking a 30 per cent wage cut, the English top-flight is again ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
South Korea's president vows to shut down 30 more coal plants to battle climate change, air pollutionSEOUL (KOREA HERALD/ASIA NEWS NETWORK) - South Korea will shut down 30 additional coal power plants by 2034 in line with the country's ambition to cut greenhouse gas emissions and promote eco-friendly energy sources, President Moon Jae-in announced Monday (Sept 7).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »