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Writer's pictureKerem Oztas

Powering Progress: BHP’s Bold Steps Toward a Sustainable Future

Based on the BHP Annual Report 2023, here are the sustainability and environmental metrics provided, along with their definitions, examples, and comparisons with previous years:

Metrics Overview

  1. Operational Energy Consumption

  2. Greenhouse Gas (GHG) Emissions (Scopes 1, 2, and 3)

  3. Water Usage

  4. Biodiversity and Land Management

  5. Waste Management



Comparison Table of Metrics


Operational Energy Consumption

Year

Total Energy Consumption (PJ)

Renewable Energy (%)

FY2022

148.5

17.1

FY2023

145.3

18.5

Greenhouse Gas (GHG) Emissions

Year

Scope 1 (MtCO₂-e)

Scope 2 (MtCO₂-e)

Scope 3 (MtCO₂-e)

FY2022

10.8

2.1

417.0

FY2023

10.5

2.0

405.0

Water Usage

Year

Total Water Withdrawal (GL)

Total Water Consumption (GL)

FY2022

134

120

FY2023

130

115

Biodiversity and Land Management

Year

Land Stewarded (Million Hectares)

Land Disturbed (%)

FY2022

6.5

2.2

FY2023

6.5

2.1

Definitions and Examples

  1. Operational Energy Consumption

  • Definition: The total amount of energy consumed by BHP operations from fuel combustion and electricity use.

  • Example: In FY2023, BHP's total energy consumption was 145.3 petajoules (PJ).

  1. Greenhouse Gas (GHG) Emissions

  • Definition: Emissions measured in metric tons of carbon dioxide equivalent (MtCO₂-e), categorized into Scope 1 (direct emissions), Scope 2 (indirect emissions from purchased electricity), and Scope 3 (other indirect emissions).

  • Example: In FY2023, BHP reported 10.5 MtCO₂-e for Scope 1 emissions.

  1. Water Usage

  • Definition: The total volume of water withdrawn and consumed by BHP operations, measured in gigaliters (GL).

  • Example: BHP's water consumption in FY2023 was 115 GL.

  1. Biodiversity and Land Management

  • Definition: The area of land BHP owns, leases, or manages, and the percentage of this land that is disturbed for mining activities.

  • Example: BHP managed 6.5 million hectares of land in FY2023, with 2.1% disturbed for operations.

  1. Waste Management

  • Definition: The total amount of waste produced and managed by BHP operations.

  • Example: In FY2023, BHP reported improvements in waste reduction strategies, though specific waste figures were not detailed in the given sections.

Additional Environmental Impacts Covered

  1. Climate Change Mitigation

  • Focus on reducing operational and value chain GHG emissions and setting targets for emissions reductions .

  1. Water Resource Management

  • Efforts to improve water governance and collaborations with universities and other stakeholders to address shared water challenges .

  1. Biodiversity Conservation

  • Initiatives to achieve no net loss of biodiversity over the mine lifecycle and contributing to global conservation efforts .

  1. Environmental Management Systems

  • Implementation of management systems tailored to specific environmental aspects like water, land, and biodiversity to manage risks effectively .


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