1. Analyze: What is your carbon footprint?
Mining companies must have an in-depth understanding of their operations to build an efficient decarbonization plan. They need to find out what process operations produce the most GHG emissions, what equipment consumes the most fossil fuels (diesel, natural gas, etc.) and what consumes the most energy.
This will generate a list of activities for respective stakeholders that will have the highest impact on Scope 1 and 2 emissions. Moreover, understanding how this can change overtime can have an important impact on planning. For example, are operations mainly open pit or underground, and can this change over time? Also, how confident is the mining company in the mineral reserves versus the mine’s lifespan? Finally, are there any site closures or mine acquisitions planned in the coming years?
Understanding system constraints can then provide insight into what would happen if nothing were done. The business-as-usual scenario then becomes a reference point for all mitigation measures and an invaluable tool for performance evaluation. Many graphical tools can be used to demonstrate assessment results, such as a carbon stack diagram: