The pressure to lower emissions will intensify for the mining sector, ENGIE Impact CEO Mathias Lelièvre said in an interview with S&P Global Market Intelligence.
The mining sector is core to the supply chains of a broad swath of an economy increasingly focused on decarbonization and aligning with global climate goals. However, while a few first movers are targeting zero-carbon operations by 2030, only 19% of mining companies are on track to meet sustainability goals, sustainability and energy management firm ENGIE Impact said, citing data from CDP, a nonprofit organization dedicated to the global disclosure of corporate environmental concerns.
There's really a strong willingness to act, but then it's very complex. We know that we don't have all the answers yet. We all know that time is passing by, and we have less than a decade to really change and curb our emissions.
Mathias Lelièvre, CEO, ENGIE Impact
ENGIE Impact is working to accelerate the transition to carbon neutrality, as many companies are looking to become carbon neutral quickly, including giants in the technology and automotive sectors. While much of the focus on reducing global emissions has centered on power generators in recent years, Lelièvre said he expects many people to begin closely scrutinizing more sectors of the economy.
We see that pressure everywhere; every segment, every vertical is increasingly getting looked at by every stakeholder, including the clients. Your clients are telling you, 'You need to be carbon neutral. You need to move.'