Anglo American

Diversified Metals & Mining

AAL.L

GBX 3,204 (0.76)%

Share price

$ 52 bn

Market Cap

$ 60 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

6.7x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Weaker than the -6.6% weighted average for S&P 500

FY2022

Anglo American aims to reduce Scope 1 + 2 by 30% by 2030 from a base year 2016

This target has not been verified as science based according to SBTi

Secondary Climate Goal

Proj. YOY change in GHG emissions (Scope 3)

Weaker than the -6.1% weighted average for S&P 500

FY2021

Anglo American aims to reduce Scope 3 by 50% by 2040 from a base year 2020

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

Anglo American reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 14,760 Kt (-1,320 /-8.2% y-o-y). Also positively, carbon intensity plunged to 355 t (-277 /-43.8% y-o-y).

Anglo American's Scope 3 emissions tumbled to 114,800 Kt (-110,934 /-49.1% y-o-y). The performance has been erratic recently.

The company is committed to reducing Scope 1 + 2 by 30% by 2030 from a base year 2016, which translates into the estimated reduction of -248 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Also, the company commits to reducing Scope 3 by 50% by 2040 from a base year 2020, which translates into the estimated reduction of -2,870 Kt per annum over the period of FY2021 - FY2040. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Anglo American aims to achive carbon neutrality across its operations (Scope 1 + 2) in 2040. Companies normally become carbon neutral with the help of the acquisition of carbon offsets rather than absolute reductions in their own greenhouse emissions. Also, carbon neutrality does not include non-CO2 GHG emissions.

Date	Total CO2e emissions (location-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	14,760	9,020	5,740		41,554	355
2020Q4	16,080	9,950	6,130	114,800	25,447	632
2019Q4	17,740	10,880	6,860	225,734	29,870	594
2018Q4	16,200	9,700	6,500	180,793	27,610	587
2017Q4	17,900	9,900	8,000	228,318	26,243	682
2016Q4	17,900	9,000	8,900		21,378	837
2015Q4	18,300	8,800	9,500		20,455	895
2014Q4	17,300	8,000	9,300
2013Q4	17,100	7,300	9,800