Sparklines
How Metals and Mining Companies Are Adapting to a Greener World
BloombergNEF released its first business model transition score for 53 major companies in the sector
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The metals and mining sector is a massive resource producer and a massive resource consumer. It exhumes raw materials and transforms them, through energy-intensive processes, into the modern features of our built environment. In so doing, it also creates about a quarter of the reported emissions of the world’s 12,000 largest companies. As with other hard-to-abate sectors like cement production, or marine shipping, significantly lowering the emissions profiles of metals and mining will be crucial to meaningfully decarbonizing the global economy.