Climate change
Living the Implats Way
Our purpose is to create a better future. We accomplish this through the metals we produce, the way we do business and through our superior performance.
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Our purpose is to create a better future. We accomplish this through the metals we produce, the way we do business and through our superior performance.
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Implats has the advantage of geographical diversification and exploits platiniferous horizons within the Bushveld Complex in South Africa, the Great Dyke in Zimbabwe and the palladium-dominant orebody located in the Lac des Iles Intrusive Complex in Canada. The Bushveld Complex and Great Dyke layered intrusions are unique in terms of size and geological continuity.
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Decarbonisation is an urgent global challenge. There are increasing opportunities to use platinum-catalysed fuel cells to provide zero-emitting, carbon-free energy, in electricity and mobile applications.
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Employee accommodation and living conditions remain key strategic issues for improving the wellbeing of our employees and host communities in South Africa and Zimbabwe. Our focus remains on facilitating the creation of sustainable human settlements and access to decent accommodation for employees who are residing in informal structures.
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The increasing evidence globally of physical climate impacts – wildfires, floods, rising temperatures – is driving a greater sense of urgency in building adaptive capacity and resilience to climate.
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Our 2024 Climate Change Report details our climate governance, decarbonisation strategy, risk management and performance metrics.
Read our latest Climate Change Report
We recognise that climate change is a global challenge requiring businesses to reduce GHG emissions across the value chain, and to build operational resilience while ensuring transparent communication and engagement with stakeholders.
Read our latest storiesAll Implats' operations and surrounding communities have experienced severe weather and climate-related disruptions. Most of the southern African region is declared water scarce. Our local communities also experience the negative impacts of climate change.
We remain committed to inclusive climate action through:
Implats' carbon emissions (combined scope 1 and scope 2 emissions) increased by 6% to 4 298kt CO2 in FY2024 following the incorporation of Impala Bafokeng's operations. Carbon emission and energy use intensities improved to 0.154 tonnes CO2 per tonne milled (FY2023: 0.171 tonnes CO2 per tonne milled) and 0.783GJ per tonne milled (FY2023: 0.835GJ per tonne milled), respectively, due to an increase in production volumes.
Energy consumption as at 30 June 2024
Scope 1 and scope 2
GHG (scope 1 and scope 2) contribution as at 30 June 2024
Use the slider or click the years below for more information.
Our five-lever climate change strategy is designed to facilitate the shift away from fossil fuels and reduce GHG emissions to meet our 2050 goal of achieving carbon neutrality.
Following the acquisition of Impala Bafokeng, the Group adjusted the amount of combined scope 1 and scope 2 emissions we need to abate from our operations to meet our 2030 interim decarbonisation goal, from 1.0 million tCO2e to 1.7 million tCO2e.
Electricity supply shift
In our energy and decarbonisation policy, we have committed to at least a 30% renewable energy mix for all new mines. We continue to develop a pipeline of projects towards our 2030 target, as illustrated below.
* Does not include a potential 98MW onsite solar PV project at Impala Bafokeng. The pre-feasibility study for this project will commence in 2025.
Implats continuously monitors global and host-country regulatory changes related to climate change that can impact our business. Each quarter, we update the board on material developments and how the Group manages the impacts.
Just transition risk
The transition towards low-emission and climate-resilient development will create new and better jobs, grow the economy, help protect the environment, and improve human health.
Our 35MW solar plant project at Zimplats supported local jobs and provided invaluable experience to local engineers and artisans in the construction and engineering of modern, state-of-the-art solar PV plants.
Watch our video on how we are creating a better future through its investment in solar energy
