Energy Efficiency, GHG Emissions, Industrial  -  December 18, 2023

Boliden's Targets Approved by SBTi

Boliden, a mining and metals company, announced its climate targets were validated and approved by the Science Based Targets initiative (SBTi). 

The goals include reducing climate impact (Scope 1 and 2) by 42% until 2030 from the 2021 levels. 

"The announcement shows that we are on the right track and gives us further strength towards our vision of becoming the most climate-friendly and respected metal provider in the world. Electrification and process development in the business will mean successive emission reductions and lead to our target 2030. This at the same time as our base metals such as copper, zinc and nickel are absolutely necessary to phase out fossil fuels in society," said Åsa Jackson, Executive Vice President, Boliden, in a statement.

During 2022 and 2023, Boliden launched several products, including copper, zinc, and lead where the climate impact is significantly lower than global averages.