Energy Efficiency, GHG Emissions, Industrial  -  March 21, 2023

Capstone Copper Sets 30% Reduction Target

Capstone Copper announced a new sustainable development strategy featuring GHG emissions reduction targets that support the company’s commitment to responsible copper production. 

Planning to reduce GHG emissions from fuel and power by 30% by 2030, the company is developing and executing decarbonization strategies that include adding more renewable energy to its power mix, identifying renewable energy alternatives, and displacing diesel consumption.

Capstone Copper will reduce freshwater consumption intensity by 2030, adopt the Global Industry Standard on Tailings Management (GISTM) by 2026, establish a biodiversity standard, and assess all sites by 2025. 

“Responsible operating practices are a vital component of our commitment to the environment, our employees, local communities and governments and must remain front of mind in everything we do,” said John MacKenzie, CEO of Capstone, in a statement. “By setting priorities, milestones and interim targets, we recognize our role as producers of copper in the world’s efforts to address the causes of climate change. Our Board of Directors and management are committed to achieving our Strategy and goals to contribute to a net zero future.”