Anglo American Platinum Limited
Climate Impact & Sustainability Data (2021, 2023)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:4.52 Mt CO2e
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:0.183 tonnes CO2e per tonne milled (2021)
ESG Focus Areas
- Climate Change
- Water Management
- Biodiversity
Environmental Achievements
- 19% reduction in GHG emissions against a 2016 baseline
- Achieved encouraging progress in actioning the decarbonisation roadmap
- Energy consumption reduced to 0.86 GJ/tonne milled
Social Achievements
- Supporting a ‘Just Energy Transition’
- Active support for the creation of a viable green hydrogen economy in South Africa and globally
- Partnership with EDF Renewables and Pele Green Energy for a 100 MW solar PV project at Mogalakwena
Governance Achievements
- Board assumes ultimate responsibility for climate change
- ESG embedded into capital allocation process
- Executive remuneration considers safety and sustainability performance
Climate Goals & Targets
Long-term Goals:
- Carbon neutrality (Scopes 1 and 2) by 2040
- 50% reduction in Scope 3 emissions by 2040
Medium-term Goals:
- 30% reduction in Scope 1 and 2 carbon emissions by 2030
- 50% reduction in freshwater abstraction by 2030
- 90% renewable electricity by 2030
Short-term Goals:
- Not disclosed
Environmental Challenges
- Water security in water-stressed areas
- Security of energy supply and rising energy prices
- Eskom's challenges with ageing fleet and power outages
Mitigation Strategies
- Developing water-neutral mines
- Transitioning to renewable sources of electricity
- Emergency preparedness plans for power outages
- Partnership with EDF Renewables for a regional renewable energy ecosystem
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Responsible Sourcing programme
- Targeted Scope 3 engagement with large-spend suppliers
Climate-Related Risks & Opportunities
Physical Risks
- Higher temperatures impacting labor productivity and machinery
- Water deficit affecting operations
- Extreme rainfall events causing flooding and infrastructure damage
Transition Risks
- Rising energy prices and carbon tax
- Changes in demand for products due to low-carbon transition
- Eskom's energy challenges
Opportunities
- Growth of green hydrogen economy
- Development of energy-efficient products and technologies
- Regional Renewable Energy Ecosystem (RREE)
Reporting Standards
Frameworks Used: TCFD
Certifications: Null
Third-party Assurance: IBIS ESG Consulting Africa Proprietary Limited
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- nuGen™ hydrogen fuel-cell powered haul truck
Awards & Recognition
- Not disclosed
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:4.29 Mt CO2(e)
Scope 3 Emissions:2.32 Mt CO2(e) (2022: 5.00 Mt CO2(e))
Total Energy Consumption:20.61 GJ/tonne milled (2022: 18.85 GJ/tonne milled)
ESG Focus Areas
- Climate Change
- Biodiversity
- Water Stewardship
- Just Transition
Environmental Achievements
- Reduced Scope 3 emissions from 5.00 Mt CO2(e) in 2022 to 2.32 Mt CO2(e) in 2023
- Concluded an off-take agreement with Envusa Energy for 460 MW of renewable electricity, expected to be operational from 2025
Social Achievements
- Launched a collaboration with BMW and Sasol to bring hydrogen fuel-cell electric vehicles (FCEVs) to South Africa
- Active support for the creation of a viable green hydrogen economy in South Africa and globally
Governance Achievements
- Embedded ESG issues, including climate change, into strategy, capital allocation framework, and culture
- Linked executive remuneration to the achievement of decarbonisation goals
Climate Goals & Targets
Long-term Goals:
- Support Anglo American plc’s 50% absolute reduction ambition in Scope 3 emissions by 2040
Medium-term Goals:
- Achieve carbon neutrality across operations for Scopes 1 and 2 by 2040
- Reduce water abstraction by 50% by 2030
Short-term Goals:
- Reduce absolute GHG emissions by 30% by 2030 (Scopes 1 and 2)
Environmental Challenges
- National energy crisis in South Africa resulting in load curtailment and excess diesel consumption
- Eskom grid access and stability constraints
- Project execution delays
- Production variability impacting carbon emission baselines
- Event-based risks potentially altering CO2 emissions
- Varying decarbonisation maturity among suppliers
Mitigation Strategies
- Deploying energy efficiency improvement technologies through FutureSmart Mining™
- Transitioning to renewable electricity sources via Envusa Energy partnership
- Developing electrified, low-impact mining equipment
- Engaging with suppliers to reduce value chain emissions through MOUs, ongoing engagement, and decarbonisation guidance
- Developing tools to update supplier emission baselines and improve performance scorecards
- Implementing go/no-go criteria for supplier sustainability performance
- Physical supply chain optimization
Supply Chain Management
Supplier Audits: Over 1,100 self-assessments since 2018; third-party audits triggered by identified risks
Responsible Procurement
- Responsible Sourcing Standard with requirements for environmental protection and GHG emission management
- Embedding decarbonisation and circularity criteria in sourcing (e.g., heavy mining equipment tender)
Climate-Related Risks & Opportunities
Physical Risks
- Higher temperatures impacting labor productivity and machinery
- Reduced surface water resources due to drought
- Extreme rainfall events causing localized flooding
- Water supply challenges impacting electricity generation
Transition Risks
- Shift to BEVs potentially reducing demand for PGMs
- Reduced demand for personal vehicles
Opportunities
- Increased demand for PGMs in catalytic converters (short to medium-term)
- Growth in heavy-duty FCEVs (medium to long-term)
- Increased demand for PGMs in hydrogen economy (medium to long-term)
Reporting Standards
Frameworks Used: TCFD
Third-party Assurance: IBIS ESG Consulting Africa Proprietary Limited