What every mining CEO needs to know – a report by McKinsey.
To address climate risk, mining companies can focus on three areas: which assets are most at risk from physical climate change; how decarbonisation could shift demand for key minerals; and how miners can decarbonise their own operations.
Accrding to McKinsey, to respond to the impact of climate change, mining executives should take five main actions:
– end-to-end diagnostic of climate change’s effects on the business.
– mobilize the c-suite and the board.
– focus on operational transformation, investments, and innovation.
– evaluate and potentially reshape your portfolio.
– continue to engage.