Anglo American to slash indirect emissions by 2040

The mining giant will lower its scope three emissions from across its value chain

Solar panels are seen during the inauguration of world's first-ever 'island' of solar panels in a tailings pond of the Los Bronces copper mine of Anglo American, on the outskirts of Santiago, Chile. REUTERSShow less

Anglo American has said it aims to halve its indirect greenhouse gas emissions by 2040, as the miner bolsters renewable electricity supply in South America and explores ways to better access metals and minerals.

The company said reduction in Scope 3 emissions, or greenhouse gases (GHG) produced from a company's product or service that are released further along the value chain, depends on the steel sector cutting carbon emissions and a supportive global policy.

"Through innovative technologies and practices, we can be more targeted in accessing those metals and minerals, use less water and energy and, crucially, generate fewer GHG emissions," chief executive Mark Cutifani said.