With the release of its 2023 Sustainability Report, global mining and resources solutions provider Thiess Group has advanced its journey towards sustainable mining, reducing its emissions and diversifying its commodities and services.
Further progress was made towards its 2025 decarbonisation target, reducing Scope 1 emissions by 21% and Scope 2 emissions by 12% during 2023.
These efforts were further enhanced by the Group’s diversification of its commodities and services, to rebalance its thermal coal revenue to less than 25% by the end of 2027, which is tracking ahead of schedule. Recognising this, the Group has now set an additional diversification target to rebalance its portfolio to consist of less than 20% thermal coal revenue by the end of 2030.
The Group remains committed to supporting a smooth energy transition and will continue to provide sustainable mining services to its thermal coal clients as the use of this commodity continues to support economic growth in many societies.
Thiess Group Executive Chair & CEO Michael Wright commented: “I am very proud of our ongoing efforts to decarbonise our global operations through improving efficiencies, adopting renewable energy solutions where possible, and collaborating and trialling new and emerging lower emissions technology.
Source: nationaltribune.com