Decarbonization is key to operational excellence for metals and mining companies. KPMG’s 2024 Global Metals and Mining Outlook underscores the necessity of investing in decarbonization — not just for environmental benefits, but for transformative operational gains. This shift promises enhanced resilience, agility and a sustainable economy.
The 2024 report draws from the insights of over 450 C-level executives and interviews with leading industry thinkers, revealing that effective decarbonization can revolutionize business efficiency and profitability. Yet, despite some progress, the industry’s greenhouse gas emissions remain stubbornly high, demanding urgent action.
As highlighted at the COP28 UN Climate Conference, slow progress in climate action threatens global targets. Metals and mining companies must fast-track the development of low-carbon processes, despite growing supply chain challenges.
This report equips executives and stakeholders with crucial industry insights and best practices to navigate these challenges. With decarbonization goals driving operational and technological transformation, the time to act is now.
Key findings from the report include:
- 61% of executives are more confident than they were two years ago about their company's growth prospects
- 57% of executives say the most effective way of meeting their company’s decarbonisation goals is to integrate them into the overall corporate strategy
- 47% of executives say skills shortages are the most important challenge that must be overcome when implementing the latest technologies
- 66% of executives say that output prices have become more volatile, heightening business risks.
What can mining and metals leaders learn from the Metals and Mining Outlook?
Transforming Operations
Find out how leading companies are redesigning their processes to reduce carbon usage and increase efficiency.
Technology at the Forefront
Understand how advanced technologies, including artificial intelligence and machine learning, are driving operational transformation and supporting decarbonization efforts.
Growth Amidst Volatility
Learn how companies are adapting to unprecedented price volatility and supply chain disruptions while maintaining confidence in their growth prospects.
Building the Future Workforce
Gain insights into the strategies companies are using to attract and retain the talent needed to drive their decarbonization and digital transformation agendas.
Navigating Risks and Opportunities
Stay ahead of the curve with expert analysis on how geopolitical shifts, regulatory changes, and market dynamics are impacting the metals and mining sector.
