1 1 Appendices Transparency & Guiding Principles Climate Action Diversity, Inclusion & Well-Being Good Governance & Shareholder Alignment Community Contributions Responsible Capital Allocation Carbon Footprint (continued) Mining operators, contributing to more than two-thirds of our 2022 revenues, have proactively established targets to reduce carbon emissions, including planned or actualized emission reductions derived from reliance upon renewable energy, or have made commitments to achieve net-zero emissions by 2050 or sooner. Our Top Mining Producers have adopted commitments, targets, plans and initiatives, as highlighted on this page. We continue to look for opportunities to deploy capital to other best-in-class operators and, as a capital provider, potentially help facilitate their low-carbon transitions. Top Mining Producers: Decarbonization Commitments, Targets, Plans and Goals Net Zero Commitments Emission Reduction Targets Renewable Energy Transition Goals NA Reduce Scope 1 and 2 emissions by 30% by 2025 and 50% by 2030 Reduce GHG intensity of copper mining by 50% by 2030 Reduce 100,000 tCO 2 e per year by 2024 by powering Cobre Panama’s expansion with renewable energy NA Reduce Scope 1 and Scope 2 emissions by 35% by 2030, from 2019 baseline NA Achieve net-zero emissions by 2045 Reduce Scope 1, 2 and 3 emissions by 15% by 2026 and 50% by 2035, from 2019 baseline NA NA Reduce net emission intensity by 35% by 2024, from 2018-2019 baseline NA Achieve net-zero Scope 2 emissions by 2025 Achieve net-zero Scope 3 emissions by 2050 Achieve net-zero emissions by 2050 Reduce carbon intensity by 33% by 2030 NA Achieve net-zero Scope 1 and 2 emissions by 2050 Reduce Scope 1 and 2 emissions by 33% by 2030 Reduce Scope 3 net emissions by 15% by 2035 Use 100% renewable energy in Brazil by 2025 and globally by 2030 Achieve net-zero emissions by 2045 Reduce Scope 1 and 2 emissions by approximately 20% by 2025, from baseline Increase renewable energy consumption to 20% by 2025 Achieve carbon neutrality for Scope 1 and 2 emissions by 2040 Reduce Scope 1 and 2 carbon emissions by 27.3% by 2025, from 2010 baseline 20% renewable energy penetration by 2030 Achieve net-zero emissions by 2050 NA NA Achieve net-zero emissions by 2050 Reduce emissions by 15% by 2025 and 30% by 2030, each from 2018 baseline NA “Mining operators, contributing to more than two-thirds of our 2022 revenues, have proactively established targets to reduce carbon emissions... or have made commitments to achieve net-zero emissions by 2050 or sooner.”
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