Chile’s Codelco commits all sites to the Copper Mark sustainability framework

The world’s single largest copper producer – Chile’s Codelco – has committed all its sites to participate in the Copper Mark’s framework for sustainable production by the end of 2023.

The Copper Mark is an independent assurance framework aiming to promote responsible practices, encourage strong ESG performance and demonstrate the copper industry’s contribution to the United Nations Sustainable Development Goals.

Codelco’s El Teniente site will be the first of its operations to participate in the endeavour. The Copper Mark said the move is ‘testament to Codelco’s growing commitment to demonstrate responsible and sustainable production practices across its global operations’.

“We are delighted that the world’s largest copper producer has made a commitment for all its sites to participate in the Copper Mark,” said the organisation’s executive director Michèle Brülhart.

“Their willingness to commit all their sites to participate in the assurance framework by the end of 2023 reflects the company’s long-term ambition to demonstrate its use of responsible production practices,” she added.

In December 2020, Codelco announced plans to reduce its greenhouse gas emissions by 70% and decrease its consumption of continental waters by 65% by 2030, as well as achieve carbon neutrality across its operations by 2050.