Energy Efficiency, GHG Emissions, Industrial - December 4, 2023
Capstone Copper Corp. Lowers Emissions
Capstone Copper announced its total energy use rose by 12% due to increases in both fuel (13%) and electricity (11%) use due to the increased need for fuel for capital projects and electricity for its new facilities.
The copper mining company’s overall GHG emissions decreased by 1% due to significant reductions in emissions from both the Chile and Arizona grids.
Details were announced in its 2022 Sustainability Report, “Growing Responsibly.”
The report was prepared in accordance with the Global Reporting Initiative (“GRI”) Standards and the SASB Metals and Mining Sustainability Accounting Standard and details the company’s performance on material sustainability topics across its operations for the period from January 1 to December 31, 2022.
Capstone Copper adopted a Sustainable Development Strategy that will serve as a blueprint for its five strategic priorities - climate, water, tailings, biodiversity and communities.
“I am pleased to share our first sustainability report for the combined Capstone Copper,” said John MacKenzie, Capstone’s CEO, in a statement. “Integral to our values, we are committed in our drive to direct our resources and the skills of our people to address some of the world’s biggest sustainability challenges. Our growth is deliberate and responsible. Copper is an essential metal that facilitates decarbonization and electrification; it plays a critical role in addressing the climate crisis, and we recognize our role as a responsible producer.”
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