Mining giant BHP yesterday announced a five-year, $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 with CEO Andrew Mackenzie saying transport providers will be very much part of the emissions cutting plans.
Mackenzie said in a speech in London yesterday: “We must take a product stewardship role for emissions across our value chain and commit to work with shippers, processors and users of our products to reduce scope three emissions.”
Earlier this month, BHP’s Green Corridor joint industry project finally kicked off with the mining company issuing a tender for 10+2+2 dual fuelled LNG newcastlemaxes.
BHP is expected to become far more demanding of its transport providers to be transparent about their carbon footprint in the future.
Are they going to use the carrot or the stick? Provide a decent and uplift to encourage green or simply just make demands while paying reduced rates and expecting perfect ships?