Climate Change
Our copper concentrates are a vital ingredient in the electrification of, and global transition towards, a low carbon emissions economy.
Our polymetallic MATSA processing hub is producing copper with a low emissions intensity – but we know more can be done, which is why we are taking direct action that will reduce our future emissions. Reducing emissions requires Sandfire to address many challenges, including the commercial availability of technology, capital allocation, extending mine life to fund investment decisions and a dynamic regulatory environment.
Climate Change 5 Year Goals
Achieve net zero emissions (scope 1 and 2) by 2050.
Global Milestones
- Continue to develop and enhance our Net Zero emissions pathway.
- Undertake studies identified in our Net Zero Pathway to close knowledge gaps.
- Establish clear links between emissions reduction and our capital allocation process.
- Commence implementation of our Net Zero pathway and report progress annually.
Source 50% of all electricity from renewable sources by 2030.
Global Milestones
- Identify and implement long term renewables-based power purchase agreements where available through grid supply.
- Identify and execute opportunities for renewable energy projects at all assets.
- Disclose tonnes of CO2e abated on our pathway to achieving our 2030 renewable electricity
target.
Deliver a 35% reduction in our Scope 1 and Scope 2 emissions by 2035 from our 2024 baseline, which includes Motheo.
Global Milestones
- Emissions align with our modelling of the pathway to 2035.
- Operational initiatives implemented to reduce emissions.
Develop a program to systematically reduce Scope 3 emissions.
Global Milestones
- Define sources of material Scope 3 emissions across all assets.
- Establish data collection processes, calculation methodologies and assurance processes for Scope 3 emissions.
- Work with our supply chain to develop a reduction pathway focused on key Scope 3 emissions.
Achievements on our pathway to net zero
We have developed a high-level Decarbonisation Pathway describing the key levers we plan to use to achieve both our interim and net zero targets, which take into consideration mine and fleet life and the commercial availability of required technologies. The key levers include sustainable energy efficiency, renewable electricity, mine fleet electrification, alternative fuels, and offsets for the residual hard-to-abate emissions. For more information see our Sustainability Reports.