Anglo American is aiming to achieve carbon neutrality across its controlled ocean freight activities by 2040, with a temporary 30% reduction in emissions by 2030.
The mining company said the target is aligned with the goals set out in its Sustainable Mining Plan, which include achieving carbon-neutral mining operations by 2040 and an ambition to reduce Scope 3 emissions by 50% by 2040.
Additionally, it said it has adopted "high standards in vessel efficiency" across its chartered fleet and is exploring a "comprehensive framework of complementary sustainability measures".
It will retrofit vessels, use voyage optimisation software, and support technology development to switch from conventional fuel oil to sustainable marine fuels.
This includes a recent agreement with Hydrogenious Maritime AS to explore the use of emission-free liquid organic hydrogen carrier (LOHC)-based applications on its chartered fleet.
Peter Whitcutt, chief executive officer, Anglo American's marketing business, said connecting customers with the metals and minerals they need in a safe, efficient, and sustainable manner is an important priority.
"We are committed to playing an active role in accelerating the transition to a more sustainable shipping sector, a crucial component in our efforts to extend our positive impact beyond our mine sites," Whitcutt said.
"This ambition further cements that commitment and will help us shape a clearer path towards decarbonisation."
