Eurasian Resources Group 2023 SR
The report highlights ERG's sustainability performance in 2023, focusing on its role in the global energy transition through the production of critical minerals like cobalt, copper, and aluminium. A key milestone was the finalization of a Decarbonization Strategy for Kazakhstan, committing the company to Net Zero by 2050. Despite financial challenges from lower commodity prices, the company invested $1.44 billion in capital expenditure, including renewable energy projects and infrastructure in Brazil. The report also addresses significant safety challenges, following ten fatal incidents, and outlines the 'Production Control 2.0' initiative to achieve Zero Harm. Furthermore, it details the distribution of $7.283 billion in economic value and the ongoing implementation of the Clean Cobalt and Copper Framework for value chain assurance.
Company: Eurasian Resources Group
Sector: Mining & quarrying
Country: Luxembourg
Year: 2023
Type: SR
Pages: 107
Eurasian Resources Group
The report highlights ERG's sustainability performance in 2023, focusing on its role in the global energy transition through the production of critical minerals like cobalt, copper, and aluminium. A key milestone was the finalization of a Decarbonization Strategy for Kazakhstan, committing the company to Net Zero by 2050. Despite financial challenges from lower commodity prices, the company invested $1.44 billion in capital expenditure, including renewable energy projects and infrastructure in Brazil. The report also addresses significant safety challenges, following ten fatal incidents, and outlines the 'Production Control 2.0' initiative to achieve Zero Harm. Furthermore, it details the distribution of $7.283 billion in economic value and the ongoing implementation of the Clean Cobalt and Copper Framework for value chain assurance.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Women on Board
Workplace Fatalities
Net Zero Target
Employees