Energy & Science
World’s Top Gold Miner Sets New Targets to Cut Carbon Emissions
- Newmont plans to reduce some emissions by 30% by 2030
- Plan doesn’t fully address customers, supply chain emissions
Photographer: Simon Dawson/Bloomberg
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The world’s largest gold miner has just set new targets to cut emissions by 2030 and said it wants to go carbon neutral two decades later.
But while Newmont Corp.’s plan is more ambitious than that of other mining companies including BHP Group and Barrick Gold Corp., it doesn’t fully address the elephant in the room for the global industry: the so-called Scope 3 emissions, which are generated by its supply chain and customer use.