Friday, December 4, 2020
Renewable Energy News

Australian Mines (ASX:AUZ) achieves first carbon-neutral certification – The Market Herald

By Staff , in Carbon Neutrality , at August 18, 2020

  • Australian Mines (AUZ) has become the first mineral resource company to be
    certified as a Carbon Neutral organisation under the Australian Government’s Climate Active program
  • Climate Active is the most diligent and credible carbon neutral certificate in Australia
  • According to the Managing Director Benjamin Bell, Climate Active members are responsible for over 22 million tonnes of carbon emissions being offset, which is the same as taking all of Sydney’s cars off the road for two years
  • Australian Mines says this approval is consistent with its aim of leading the Environmental, Social and Governance (ESG) practices
  • On the market this morning, Australian Mines is up 9.09 per cent and is trading for 2.4 cents per share

Australian Mines (AUZ) is the first mineral resource company to be
certified a Carbon Neutral organisation under the Australian Government’s Climate Active program.

In Australia, Climate Active is the most diligent and credible carbon neutral certificate. Meeting this standard means the company’s carbon-neutral status is on the best practice, international standards and genuine emissions reductions.

Australian Mines is already an approved member for the Initiative for Responsible
Mining Assurance (IRMA), which independently verifies and certifies socially and environmentally responsible mining.

Managing Director Benjamin Bell said becoming the first Climate Active Neutral mineral resource company is consistent with its aim of leading the Environmental, Social and Governance (ESG) practices.

“It follows the approval in March 2020 of our membership of IRMA and the Queensland Government recognising our commitment to the communities where we operate by granting ‘Prescribed Project’ status to our flagship Sconi project in 2019,” he said.

Australian Mines is focused on sustainably developing the Sconi project to meet the rapid growth in the electric vehicle and storage industries.

“Being certified Carbon Neutral by Climate Active is part of building a sustainable future for Australian Mines, long term value for our shareholders and a better environment for all our stakeholders,” Benjamin told the market.

“Members of the Climate Active Network are responsible for over 22 million
tonnes of carbon emissions being offset, which is the equivalent of taking all of Sydney’s cars off the road for two years,” he added.

On the market this morning, Australian Mines is up 9.09 per cent and is trading for 2.4 cents per share at 10:00 am AEST.