Energy Efficiency, GHG Emissions, Industrial  -  March 6, 2023

Thiess Sets Interim Emissions Reduction Targets

Global mining and resources solutions provider Thiess Group strengthened its commitment to climate change action by announcing interim targets in support of the Group’s goal of net zero Scope 1, 2 and Scope 3 emissions from its operated fleet by 2050:

• Net zero Thiess Scope 1 and 2 emissions by 2025
• 85% of Thiess-operated light vehicles to be hybrid or battery-electric by 2030
• 25% reduction of Scope 3 emissions from diesel combustion in Thiess-operated fleet by 2035.

The company aims to rebalance thermal coal revenue to less than 25% by 2027 and is on track to achieve this as early as 2025.

“The mining and resources sector has a crucial role to play in providing the metals and minerals needed for the global energy transition,” said Thiess Group Executive Chair & CEO Michael Wright in a statement. “I’m proud of the considerable headway we made executing against our sustainability strategy in 2022. In particular, the expansion of our service offerings and our growth in the critical minerals and metals needed to enable the global energy transition have demonstrated our genuine commitment.”