A major expose on ABC Four Corners last night, in collaboration with The Guardian, revealed for the first time irrefutable evidence of BHP reversing its commitments to meaningfully cut emissions in a credible timeframe at its world-dominant Pilbara iron ore business.
The egregious walk-back, as the climate crisis escalates, was laid out in hundreds of pages of leaked internal company records.
We’ve been saying it for years – BHP’s record of (in)action on clean energy and climate is pathetic and an indictment of its board and CEO leadership. And there it was in black and white.
What BHP does matters. It is the world’s largest mining company by market capitalisation, generating revenues of US$51bn in the last financial year with underlying earnings of US$26bn and a US$18bn pre-tax profit to its shareholders.
To achieve this, BHP spewed 8.7 million tonnes of greenhouse gas emissions in FY2024-25. As the Guardian pointed out: more than 80 individual nations.
