Newmont the only miner to make TIME world’s top 100 most sustainable companies ranking

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According to TIME, the companies at the top of the list have signed on to some of the most respected climate programs, including the 1.5°C target from the Science Based Targets initiative , and have received high scores from

TIME and Statista held companies to high standards for their Scope 1 and 2 emissions and energy consumption relative to company size, emissions reductions in 2021 and 2022, and the proportion of renewable energy used by the company’s operations. At the top of the list, Schneider Electric scored 88.86 out of 100. Its environmental initiatives include creating software and services for energy management. Schneider has also set ambitious targets to become carbon neutral by 2025.

It is important to note that many highly ranked companies are in industries that don’t produce many physical products—such as banking, tech, and consulting.for 2030, the company aims to reduce absolute greenhouse gas emissions by 32%, reduce GHG emissions intensity by 32%, and reduce absolute Scope 3 emissions by 30%.

Besides Newmont, the ranking includes five other natural resources and mining companies among the top 500, including Hindustan Zinc and Aurubis .The miner is seeking to raise more than $500 million to shore up its balance after earnings plunged due to a rout in metal prices.Contango to pour first gold from Alaska mine on July 8Lilac plans to use the latest version of its DLE technology at Utah's Great Salt Lake, where a pilot plant should be online by October.

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