The availability of risk capital for miners is biased towards those with concrete plans for achieving net-zero emissions targets by 2030, says Keith Russell, Global Director for energy transition, purpose and performance with Partners in Performance.

Russell emphasises the need for decarbonisation strategies to become mainstream and incorporated into the industry’s routine management, operating and governance systems.

“I think there’s an element where this has been top-down driven. In other words, boards and CEOs are responding to market and stakeholder pressure, and therefore making sure that the organisation’s stated targets are aligned accordingly,” Russell explained in an interview with The Northern Miner.