Teck Resources, Goldcorp and Hudbay Minerals are among the Canadian firms that are focusing on cutting their environmental impacts
Canada is in pole position to cash in on the clean energy economy, Clean Energy Canada said in a report this summer. The vast country is one of the world’s biggest producers to some of the crucial minerals in renewable energy systems, including 14 of 19 needed for solar PV panel production. Chief among these is copper, also used in wind turbines and electric cars. Canada is also a major exporter of metallurgical steel, needed to build wind turbines and light rail transport systems.
“The metals and minerals we produce are essential to build the technologies and infrastructure necessary for a low carbon economy, to reduce greenhouse gases and adapt to the effects of climate change,” says Jeff Hanman, VP of corporate affairs at Teck Resources, Canada's largest diversified mining company.
But if Canadian mining companies are going to underpin the clean economy, companies like Teck realise they are going to have to have to manage their own greenhouse gas emissions and water use, particularly in an environment where they are increasingly exposed to climate-related risk.
Digging Deep, CDP's annual report ranking 12 of the world's largest mining companies on their ability to respond to the risks of the low-carbon transition...