BHP – US$400m Climate Investment Program

BHP – US$400m Climate Investment Program

In July 2019 BHP announced a five-year, US$400m Climate Investment Program to develop technologies to reduce emissions from its own operations as well as those generated from the use of its resources.

Over the next five years the program aims to scale up low carbon technologies that are critical to the decarbonisation of its operations. It aims to drive investment in nature-based solutions and encourage further collective action on scope three emissions.

BHP CEO Andrew Mackenzie said, “Commercial success of these investments will breed ambition and create more innovative partnerships to respond collectively to the climate challenge.” 1