The world’s largest copper miner wants to get the stamp of environmental friendliness

Chilean mining company Codelco will seek certification that copper mining is being carried out in a sustainable manner. It aims to receive the certificate by the end of 2023 at the latest.

The certificate, called the Copper Mark, confirms that the miner that has obtained it is mining copper in an environmentally friendly way. The Copper Mark is based on United Nations standards and is intended to show that mineral extraction can be carried out responsibly.

“Since 2020, 100 percent of our operations have been conducted in accordance with standards that are comparable to the criteria required for the international Copper Mark,” said Renato Fernandez, vice president of Chile’s Codelco, the world’s largest copper miner. “We are therefore confident that obtaining this certification will go smoothly,” he added.

In order for Codelco to be certified, each of its mines must meet 32 criteria against which sustainability is judged. These include an assessment of greenhouse gas emissions, health safety, gender equality or human rights, among others. If Codelco receives the Copper Mark, it will have to undergo recertification after three years.

author avatar
EditorialTeam
The Trader-Magazine.com EditorialTeam is a collective of certified financial analysts, active traders, and cryptocurrency experts. Our mission is to transform complex market data (forex, equities, indices) into accessible financial education. All content undergoes rigorous, multi-level fact-checking to ensure we deliver only accurate, objective information for your trading and investment decisions.

Top 10 financial instruments for 2022. What will their prospects be in 2023?

The year 2022 has brought countless surprises and obstacles...

Telegram scams: how they work and how to protect yourself

Telegram has become one of the most widely used...

Trump Saved TikTok from a Ban. The App in the U.S. Moves into American Hands

TikTok narrowly avoided a ban in the United States...

Gulf Brokers Ltd. Review

Comparing spreads, commissions, trading platforms, rules and reading dozens...

Climate Change Poses Major Risks to Financial Markets, Regulator Warns

WASHINGTON — A top financial regulator is opening a...

US stocks fell due to escalating conflict in the Middle East

U.S. stocks weakened today, led by technology companies. Market...

TSMC reports record quarterly revenue thanks to artificial intelligence boom

Taiwanese company Taiwan Semiconductor Manufacturing (TSMC), the world's largest...

Gold You Can Send in Seconds: Solonix.one Opens Regulated XAUT Custody

Physical gold has spent five thousand years being reliable...

Is the Amex Gold Card Worth It in 2026? Premium Cards Compared After Fee Hikes

The premium credit card market has changed quickly. Annual...
spot_img

spot_imgspot_img