Energy and Mines Issue 56

vehicles. Each region will be slightly different, but a policy like that can move a few investment decision projects,” notes Al-Aibi. The Canadian Climate Institute is compiling a list of policy incentives for mine decarbonization in Canada, which it should release in 2025. CULTURE CHALLENGES AND MAINTAINING A SOCIAL LICENSE TO OPERATE The final and most underrated challenge for mines implementing changes to meet climate targets is cultural. Russell describes this as moving from a top-down to an “asset-up” approach: “Go back three years, and it was very much more the board, the CEO making the commitment top down, and now we’ve gone

through an essential transition: those responsibilities have been given to the assets to deliver [on these commitments],” he says. According to him, top-down commitments were often made without fully understanding the challenges on an asset-by-asset level. This means strategies may have to be adjusted with specific mines’ management input. “Quite often, they come up with better solutions, but they also have to deal with the realities of the communities, the workforce that they’re dealing with, and the competing priorities at an asset-by-asset level, and that just takes implementation time,” he adds. There are ways to make this transition easier: Russell recommends sharing emissions reports with each mine at least on a monthly basis to get managers more familiar and concerned with this KPI – and adding this metric to their incentive schemes. “You

8

Made with FlippingBook interactive PDF creator