CAP SA 2024 IR
The report highlights CAP Group's strategic transition in 2024, marked by its entry into the rare-earths business through an alliance with Aclara Resources and the consolidation of 100% ownership of the Aguas CAP desalination plant. It details the difficult decision to indefinitely suspend steelmaking activities at Huachipato due to market dumping, while initiating the 'Huachipato 2.0' project to transform the site into a logistics and innovation hub. On sustainability, the company approved its Climate Strategy, targeting a 31% reduction in Scope 1 and 2 emissions by 2030, and secured agreements for CMP and Aguas CAP to operate on 100% renewable energy starting in 2026. Financially, the group recorded revenues of US$1,801 million and a net loss of US$408 million, heavily impacted by the steelworks suspension.
Company: CAP SA
Sector: Mining & quarrying
Country: Chile
Year: 2024
Type: IR
Pages: 162
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CAP SA
Integrated Report
The report highlights CAP Group's strategic transition in 2024, marked by its entry into the rare-earths business through an alliance with Aclara Resources and the consolidation of 100% ownership of the Aguas CAP desalination plant. It details the difficult decision to indefinitely suspend steelmaking activities at Huachipato due to market dumping, while initiating the 'Huachipato 2.0' project to transform the site into a logistics and innovation hub. On sustainability, the company approved its Climate Strategy, targeting a 31% reduction in Scope 1 and 2 emissions by 2030, and secured agreements for CMP and Aguas CAP to operate on 100% renewable energy starting in 2026. Financially, the group recorded revenues of US$1,801 million and a net loss of US$408 million, heavily impacted by the steelworks suspension.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees