SUPPLY CHAIN the end of 2023 . The company ’ s participation in the Copper Mark framework builds on its commitment to reduce its greenhouse gas ( GHG ) emissions by 70 % and decrease its consumption of continental waters by 65 % by 2030 , as well as achieve carbon neutrality across its operations by 2050 .
Renato Fernández , Vice President of Corporate Affairs and Sustainability of Codelco , said : “ The first division that will participate in this initiative will be El Teniente , and we estimate that by the end of 2023 , 100 % of our operations will participate in this international assurance programme , representing an external and independent validation for our route towards processes with less impact .”
“COMPANIES COMMIT TO MEET COPPER MARK STANDARDS WITHIN TWO YEARS , AND MUST MEET 32 CRITERIA COVERING A RANGE OF ESG TOPICS ”
MICHÈLE BRÜLHART EXECUTIVE DIRECTOR , COPPER MARK
Six new sites were awarded the Copper Mark standard in Q1 :
• Los Bronces ( Anglo American , Chile )
• El Soldado ( Anglo American , Chile )
• Chagres ( Anglo American , Chile )
• Highland Valley Copper ( Teck Resources Limited , Canada )
• Chino ( Freeport McMoRan , United States )
• Tyrone ( Freeport McMoRan , United States )
Companies commit to meet Copper Mark standards within two years , and must meet 32 criteria covering a range of ESG topics . To date , 21 have completed the audit process and received the Mark , which accounts for around 15 % of copper production , explains Copper Mark Executive Director Michèle Brülhart .
“ At the moment , we are transitioning from our first to second phase , which includes miningdigital . com 61