ESG - BHP -BlackRock In a piece of research between BHP and BlackRock last year it was said: "By decarbonising its asset base the valuation discount applied to high carbon-emitting sectors can be first reduced and then eliminated." BHP this week published their decarbonisation update presentation. The trend is very apparent (see chart). New projects acquired or organically developed will now have to support the net-zero strategy. Is this a completely irrelevant event? Or will capital flows begin to reflect the positive transition as carbon taxes become increasingly relevant.... #sustainable #mining #netzero #decarbonization #edenam #esg
In a piece of research between BHP and BlackRock last year it was said: "By decarbonising its asset base the valuation discount applied to high carbon-emitting sectors can be first reduced and then eliminated." BHP this week published their decarbonisation update presentation. The trend is very apparent (see chart). New projects acquired or organically developed will now have to support the net-zero strategy. Is this a completely irrelevant event? Or will capital flows begin to reflect the positive transition as carbon taxes become increasingly relevant.... #sustainable #mining #netzero #decarbonization