Transition to the Low-Carbon Economy

In order to achieve a lower-carbon future, there will be a substantial increase in demand for several key minerals and metals. These metals are needed to manufacture cleaner technologies, such as wind, solar and battery-powered technologies. Notably, the global requirement for metals such as copper may increase, which could favourably impact Centerra’s existing copper production from its Mount Milligan Mine.

Our strategic approach to climate change is underpinned by a belief that reducing energy use and GHG emissions is both good for business and good for the environment. In 2022 and into 2023, we will be considering targets, assessing how climate risks will play out under different future scenarios and completing a quantitative assessment of financial risks due to climate change.

Over the course of the life of a mine, Centerra implements a number of initiatives and allocates capital to reduce its energy consumption, carbon footprint and exposure to the physical impacts of climate change.

We recognize our role in the transition to a low-carbon economy. We are investing resources to better understand the role Centerra can play in this transition and how our operations must adapt to remain competitive in this changing economic and environmental landscape.

2021 Global Scope 1 and Scope 2 GHG Emissions

Tonnes CO2e Scope 1 Scope 2 Total Percentage of Total
Mount Milligan 69,406 5,848 75,255 69%
Öksüt 27,896 5,569 33,465 31%
Total 97,303 11,417 107,542 100%