KGHM in the prestigious list of global companies acting on behalf of the climate
KGHM Polska Miedź S.A. is the only company from Poland that has ranked among the Carbon Clean200™ companies for the year 2022. Our Company has been recognized, from among more than 6,000 global entities, for making the best efforts to protect the environment and counteract climate change. KGHM ranked 150th and generated 20.9% of so-called sustainable revenues in the amount of USD 3.5 billion.
This year’s list includes 200 global, publicly listed companies that earn the most sustainable revenues and pass various social and environmental screenings. CarbonClean200™ is a joint venture between As You Sow, a leading shareholder advocacy non-profit advancing values-aligned investing and Corporate Knights, a corporation focused on climate change, responsible investing ideas, actions and innovations that shape a sustainable economy.
INDUSTRY LEADER
KGHM has been amid the global leaders in its sector for years. The Company is the seventh-largest producer of copper in the world and ranks second among the world's producers of silver. KGHM Polska Miedź S.A. has placed special emphasis on sustainable development and constantly strives to ensure that the entire technological line is optimal, safe, innovative and compliant with the idea of the Circular Economy. The aforementioned activities and commitments are included in the Environmental Policy and the Climate Policy, of which the primary goal is to achieve climate neutrality by 2050. Investments that contribute to the energy transformation are also crucial. KGHM is striving to diversify its energy sources, including actively using renewable sources. By 2030, 50% of the electricity consumed by the Company will come from its own sources, including RES. The Sierra Gorda mine is already 100% powered by energy from renewable sources. KGHM is also very actively involved in the development of nuclear energy in Poland, i.e. the construction of small modular reactors (SMRs). In 2022, KGHM signed an agreement with NuScale Power, LLC (a supplier of nuclear technology) for preliminary work, which is the first step in the process of implementing SMR technology as part of the business activities of the KGHM Group. Recently, the technology offered by NuScale Power has been certified by the US Nuclear Regulatory Commission, thus becoming the first SMR design approved for use in the United States and the seventh nuclear design certified to date. KGHM was also the first company in Poland to submit an application for an assessment of the small modular reactor (SMR) technology to the National Atomic Energy Agency (PAA).
