“Given our experience with identifying and applying innovative technologies, Newcrest has the potential to be at the forefront of meeting the challenge of net zero carbon emissions by 2050,” Newcrest’s managing director and chief executive officer Sandeep Biswas said in a media release.
“As an industry more broadly, we have the ingenuity, technology and capability to take on this challenge and reduce our carbon footprint. We are seeing the rapid evolution of a range of new technologies that will help reduce emissions going forward, and Newcrest is well positioned to leverage this technology as the world moves towards a zero-carbon future,” Biswas added.
In June 2019, Newcrest released its climate change policy outlining the company’s commitment to the sustainable discovery, development and production of gold and copper, together with plans to identify, assess and report its responses to climate change challenges.
Newcrest also set a target at the time to reduce its GHG emissions intensity by 30% by 2030 with significant progress to date, including GHG management plans for each operating site and securing renewable energy sources for more than 40% of the projected requirements at its Cadia operations from 2024.
