Commodities

LMEWEEK-Miners disclose CO2 emissions on LME's sustainability register

Credit: REUTERS/CHRIS HELGREN

Nine metal producers including Antofagasta and Teck Resources have disclosed the carbon emissions from their metal producing operations on the London Metal Exchange's newly launched digital register.

LONDON, Oct 12 (Reuters) - Nine metal producers including Antofagasta ANTO.L and Teck Resources TECKa.TO have disclosed the carbon emissions from their metal producing operations on the London Metal Exchange's newly launched digital register.

The register known as LMEpassport is aimed at users of the exchange wanting to support the energy transition.

The energy transition includes a switch to electric vehicles from internal combustion engined cars and renewable energy such as solar and wind turbines, which all require metal.

Miners and smelters producing metals such as copper, aluminium, nickel, tin and cobalt as a result have been working on burnishing their low-carbon credentials and complying with international sustainability standards.

Companhia Brasileira de Alumínio (CBA), Boliden BOL.ST and Thailand Smelting and Refining (Thaisarco) have also made disclosures under the LME's "sustainability taxonomy", which covers environmental, social and governance matters, the exchange said on Tuesday.

Others detailing their sustainability metrics on LMEpassport are Anglo American Platinum AMSJ.J, Rusal 0486.HK, Freeport-McMoRan FCX.N and Zhejiang Huayou Cobalt 603799.SS.

(Reporting by Pratima Desai; editing by Jason Neely)

((pratima.desai@thomsonreuters.com; +44 207 513 5681;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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