February 2021


CRU launches a one-stop-shop for metals and mining GHG emissions data, cradle to product


C tiliser business


RU Group, the glob- al mining, metals and fer- intelli-


gence company, have announced a one-stop global greenhouse gas emissions data shop – the CRU Emissions Tool.


Analysis


CRU data in this service is calculated according to the GHG Protocol Corpo- rate Accounting and Re- porting Standard. It differs from the self-published emissions by asset owners only because it


is com-


pletely standardised and comparable across as- sets. While asset owners’ individual


reporting re-


quirements or preferenc- es lead to reported num- bers lacking absolute comparability from one to another, CRU provides a completely independ- ent like-for-like assess- ment across the board.


CRU’s data set allows for impartial benchmarking by bringing transparency and comparability.


Such data allows for gov- ernments, industry,


finan-


cial and consumer bodies to quickly and confident- ly benchmark and make informed data-driven de- cisions as the global chal- lenge of decarbonising our commodities comes to the fore.


With a depth of under- standing of commodity extraction and process- ing costs, CRU has been evaluating


emissions


data alongside costs of production since the Eu- ropean Union Emissions Trading Scheme was launched on New Years’ Day in 2005. Its data set has since been extended to encompass all major steel and aluminium-pro- ducing assets globally, covering 1,100 assets and an estimated 3 gigatons


Source CRU Group


or 5-6 percent of Scope 1 and 2 global greenhouse gas (GHG) emissions. Al- though we already in- clude some important Scope 3 categories we will add to these, Cop- per, Nickel and Nitrogen fertiliser coverage in the coming months. The data matters as miners, metals and fertiliser producers work with their stakehold- ers to rise to the collec- tive challenge of de- carbonising their supply chains, tackling climate change and adhering to ESG standards.


Lavan Mahadeva, Re- Source CRU Group


search Director at CRU said: “There are so many complex components and ways of aggregat- ing data that, though highly accurate, the ba- sis of reported emissions can differ significant- ly. That has generated the need for like-for-like, plant-by-plant and even process-by-process com- parisons for greenhouse gas emissions that ena-


ble industry participants to more clearly plot their path to decarbonisation, evaluate peers and sup- ply chain partners. As sus- tainability and emissions reduction are pushed by governments around the world ahead of COP26, the CRU data are well placed inform that global endeavour.”


Chris Houlden, Head of Analysis at CRU added: “Mining, metals and fer- tiliser industries are inter- connected and essential, but decarbonising chal- lenges remain significant. In rising to these, produc- ers and their stakeholders will need to reference a granular and standard- ised data set that aids both policy- and deci- sion-making. This informa- tion gap through supply chains is one CRU can fill now. As we look to prior- itise decarbonisation it is vital to start with trans- parent data and to use it constructively to facili- tate change.”


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