Oz Minerals

OZ Minerals, an Australian company in the chemical and fertiliser minerals, salt, and other mining and quarrying products industry, reported total Scope 1, 2, and 3 emissions of about 80,000,000 kg CO2e in 2022. This figure is based on disclosures from its parent company, OZ Minerals Limited.

For 2022, OZ Minerals' Scope 1 emissions were about 95,387,000 kg CO2e, representing a 0.7 per cent increase from 2021. Scope 2 emissions for the same year were approximately 230,651,000 kg CO2e, indicating a 7.7 per cent decrease. Scope 3 emissions for 2022 were reported at 80,000,000 kg CO2e, which included business travel (10,000,000 kg CO2e), employee commute (10,000,000 kg CO2e), purchased goods and services (380,000,000 kg CO2e), waste generated in operations (5,000,000 kg CO2e), and upstream transportation and distribution (70,000,000 kg CO2e).

OZ Minerals has set several climate commitments:

• Net-Zero Scope 1 and 2 Emissions by 2030: The company aims for net-zero residual Scope 1 and 2 emissions by 2030, with anticipated combined Scope 1 and 2 emissions in 2030 to be between 58 per cent and 77 per cent below its FY21 baseline. This commitment is cascaded from OZ Minerals Limited.
• Scope 1 Emission Reduction: OZ Minerals plans to reduce its Scope 1 emissions by 50 per cent by 2027, relative to a FY21 baseline, for its current operating assets. This target is cascaded from OZ Minerals Limited.