Coronado Global Resources Inc. has released its fourth Sustainability Report, revealing a heightened focus on the environment and climate and a significant ongoing commitment to its people and communities.
The report, which summarises Coronado’s performance for the financial year ended 31 December 2021, highlights our commitment to sustainability through new targets, including a 30% reduction in greenhouse gas emissions by 2030, as part of Coronado’s directional intent to be net zero by 2050.
Coronado further advanced its action plan on greenhouse gas emissions, partially reporting against the Task Force on Climate-Related Financial Disclosures (TCFD) for the first time, as part of its key strategic focus on reducing emissions and climate related risks. Coronado is also proud to have maintained its record of zero cultural heritage and significant environmental incidents in 2021, along with increases in the use of recycled water and the recycling of commercial and industrial waste.
“In 2022, sustainability will be at the forefront of Coronado’s initiatives. New targets have been introduced to reduce emissions, as well as plans to undertake further research and investment into various decarbonisation projects”, said Coronado CEO Gerry Spindler.
“Coronado recognises its pivotal role in meeting the growing demand for steel globally. Steel is an essential material in the creation of future green technologies, including electric vehicles, solar panels and wind turbines. We have a directional intent to have net zero operational emissions by 2050. As technologies evolve and new solutions found, we will leverage these to achieve our emissions reduction goals.”
The safety and wellbeing of our workforce remains Coronado’s number one priority. Tragically, a workplace accident in November 2021 took the life of a long-standing colleague Mr Clark Peadon. Accordingly, Coronado has re-doubled its commitment to develop best-of-class safety initiatives to achieve the target of zero work-related fatalities in 2022 and for years to come.
Coronado strives to be a socially and environmentally conscious employer, putting its people and their communities first. Underpinned by the core values of Collaboration, Accountability, Respect, and Excellence, Coronado continues to positively engage with local communities, support a diverse, inclusive culture and put safety and wellbeing at the centre of its operations.
The 2021 Sustainability Report can be accessed here
For further information please contact:
Investors
Andrew Mooney
P: +61 458 666 639
E: amooney@coronadoglobal.com
E: investors@coronadoglobal.com
Media
Helen McCombie
Citadel Magnus
P: +61 411 756 248
E: hmccombie@citadelmagnus.com