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Anglo to cut energy costs, greenhouse emissions in sustainability drive

Anglo American PLC on March 13 launched its sustainability strategy outlining targets to reduce greenhouse gas emissions and improve energy efficiency across its operations by 30% by 2030.

The mining major will also look to lower freshwater use by half in water-scarce regions.

"Delivering on these commitments will transform the way Anglo American does business," CEO Mark Cutifani said in a statement. "The financial benefits to our business by 2030 are expected to be significant, including from substantially reduced energy and water costs. At the same time, we expect our innovative approach and the technologies we are developing to open up new mineral resource opportunities for us over the medium term."