Metals and mining scope 3 targets: unearthing a pathway to a net zero supply chain
In this two-part series of insights, we delve into metals and mining companies' pursuit of a net zero supply chain. Part 1 explores the challenges posed by scope 3 emissions and the strategies embraced by miners like BHP, Fortescue, Glencore, South32, and Teck, as they strive for net zero scope 3 targets. We assess the following aspects of scope 3: - How significant are supply chain emissions in metals and mining? - What challenges do companies face in addressing scope 3 emissions? - How do companies differ in scope 3 targets? In this insight, we present the approaches being employed and set the scene for Part 2, which guides companies in selecting optimal scope 3 strategies for different commodities.