Responsibly sourcing the commodities that advance everyday life
2020 Annual Report
We are one of the world’s largest natural resource companies. Our Purpose is to responsibly source the commodities that advance everyday life. We do so through our strategy of sustainably growing total shareholder returns while maintaining a strong investment grade rating and acting as a responsible operator.
Today, the business, with its portfolio of commodities and activities, is uniquely positioned for the expected resource needs of the future. We are ready to support the transition to a low-carbon economy and realise our ambition of achieving net-zero by 2050.
Ivan
Glasenberg,
CEO
Our Financial Highlights
$11.6 bn
adjusted EBITDA
($1.9) bn
net (loss)/income attributable to equity holders
$8.6 bn
Cash generated by operating activities before working capital changes
$3.9 bn
Net purchase and sale of property, plant and equipment
Integrating sustainability throughout our business
15.0 mt
CO₂e Scope 1 (2019: 18.3 mt)
9.3 mt
CO₂e Scope 2 (2019: 11.0 mt)
271 mt
CO₂e Scope 3 (2019: 343 mt)
40 %
reduction in total emissions on 2019 levels by 2035
We believe that we have an important role to play in meeting the energy needs of a growing population and that by implementing our strategy, we will responsibly source the commodities that advance everyday life for the benefit of the world as a whole.
Tony
Hayward,
Chairman
Stories from the year
Pathway to net zero
Transforming artisanal mining in the DRC
Giving metals and minerals a second life
