Free Trial

EM LATAM CREDIT: Chile's Codelco Targets Emissions Reduction by 2030

EM LATAM CREDIT

"Chile’s Codelco Sets Goal to Reduce Scope 3 Emissions by 2030

  • Codelco seeks a 25% reduction in the intensity of its Scope 3 emissions by 2030, considering operational inputs, the Chilean state-owned copper company says in a Tuesday emailed statement.
    The world’s biggest producer of the metal also aims to have an entirely electric fleet for transporting personnel by 2040
  • NOTE: The goals add to Codelco’s previous commitments to reduce its total carbon footprint 70% by 2030
  • NOTE: Scope 3 represents more than 60% of Codelco’s emissions and covers indirect emissions generated before the inputs reach the mining operation, such as in the transport of materials and supplier services" - BBG
    CDEL 6.33% 2035, $101.34, -.10
111 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

"Chile’s Codelco Sets Goal to Reduce Scope 3 Emissions by 2030

  • Codelco seeks a 25% reduction in the intensity of its Scope 3 emissions by 2030, considering operational inputs, the Chilean state-owned copper company says in a Tuesday emailed statement.
    The world’s biggest producer of the metal also aims to have an entirely electric fleet for transporting personnel by 2040
  • NOTE: The goals add to Codelco’s previous commitments to reduce its total carbon footprint 70% by 2030
  • NOTE: Scope 3 represents more than 60% of Codelco’s emissions and covers indirect emissions generated before the inputs reach the mining operation, such as in the transport of materials and supplier services" - BBG
    CDEL 6.33% 2035, $101.34, -.10