IEEFA Says BHP Scope 3 Emissions Hit 378 Million Tonnes in FY2025
BHP's Scope 3 emissions reached 378 million tonnes in FY2025, and they are rising, according to IEEFA.
The bulk of that footprint traces to steelmaking, where IEEFA says there are still no commercial-scale carbon capture, utilisation and storage (CCUS) plants for met coal-based production anywhere in the world.
Instead of CCUS, IEEFA identifies direct reduced iron (DRI)-based steelmaking as the most promising technology for cutting steelmaking emissions.
IEEFA also points to shifting demand for the coal BHP supplies. India's steel sector faces strong incentives to prioritise domestic coal and diversify its import sources, reducing reliance on Australian coal, according to IEEFA.
Source: ieefa.org (opens in a new tab)1 sourcePermalink