Primary Climate Goal
Anglo American's target annual Scope 1 + 2 emissions for 2030 should be equal to 12,530 Kt = 30% * 17,900 Kt, according to the company's stated climate goal.
In order to achieve this goal, Anglo American would need to reduce its emissions at least by -96 Kt per annum over the period from 2023 to 2030:
-96 Kt = ( 12,530 Kt - 13,300 Kt ) / (2030 - 2022)
This translates into a -0.7% reduction in 2023.
The projected range shown on the chart is based on the Exerica's algorithm which takes account of both the company's stated goal and its past performance.
Anglo American aims to reduce Scope 1 + 2 by 30% by 2030 from a base year 2016
This target is most likely outdated and the company appears to have already achieved it
Science Based Targets initiative In October 2021 SBTi developed and launched world's first net zero standard, providing framework and tools for companies to set science-based net zero targets and limit global temperature rise above pre-industrial levels to 1.5 °C.
In October 2021 SBTi developed and launched world's first net zero standard, providing framework and tools for companies to set science-based net zero targets and limit global temperature rise above pre-industrial levels to 1.5 °C.
GHG emissions and Carbon intensity
Scope 1 + 2 GHG emissions (in tons of CO2e) divided by the company's Revenues (in USDm) for the same period
Anglo American reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2022 at 13,300 Kt (-1,460 /-9.9% y-o-y). At the same time, carbon intensity was up at 379 t (+24/+6.6% y-o-y).
Anglo American's Scope 3 emissions decreased to 98,500 Kt (
The company is committed to reducing Scope 1 + 2 by 30% by 2030 from a base year 2016, which it appears to have already achieved as of 2022. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.