SUSTAINABILITY

Carbon capture

We recognise the importance of abatement mechanisms such as carbon, capture and storage (CCS) to achieve the goals of the Paris Agreement.

What is carbon capture?

CCS is an integrated suite of technologies that can capture CO₂ before it is released into the atmosphere. CCS technology can be deployed to capture CO₂ emissions produced by using fossil fuels in electricity generation and industrial processes and then sequester this CO₂ underground. The International Energy Agency (IEA) identifies CCS as needing to form a key pillar in efforts to put the world on the path to net-zero emissions.

Glencore and CCS

We are exploring the potential for CCS through our wholly owned Carbon Transport and Storage Company (CTSCo) Project. This Project aims to demonstrate carbon capture from a power station and the sustainable permanent storage of the captured CO2 in the Surat Basin in Queensland, Australia.

The CTSCo Project has the potential to store significant volumes of CO₂ to reduce existing and future sources of emissions. The project is intended as a first step toward large-scale CCS, with the potential for emissions from multiple industrial emission sources being captured and safely stored.

The CTSCo Project provides an opportunity for Australia to develop expertise in CCS from coal-fired power generation and assume a leadership role exporting this technology to international customers. As well as supporting the reduction of emissions from the use of fossil fuels across a range of industrial sectors in Australia, the project also provides a platform for producing low-cost hydrogen.

CTSCo has commenced the environmental approvals process with the Queensland Government for the demonstration project.

Further information is available at: www.ctsco.com.au

Principles we follow

UN Global Compact

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Principle 7

businesses should support a precautionary approach to environmental challenges

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Principle 8

undertake initiatives to promote greater environmental responsibility

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Principle 9

encourage the development and diffusion of environmentally friendly technologies

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