Zimplats, a major energy-intensive mining company, has outlined its commitment to climate action, focusing on renewable energy generation and energy efficiency improvements to reduce greenhouse gas emissions and enhance operational resilience. The company’s approach is built on five guiding principles that support the transition to a low-carbon, resilient, and sustainable future.
Material Actions and Disclosures
During the reporting period, Zimplats made significant progress in implementing its decarbonisation strategy. Key actions included the commissioning of the 35MW Selous Solar Power Plant Phase 1A, which contributed renewable electricity to the Group’s operations while reducing reliance on conventional grid electricity and improving overall energy resilience. Additionally, the company continued to import hydroelectric power from Zambia Electricity Supply Corporation (ZESCO), further diversifying its electricity supply and supporting lower-carbon energy procurement.
Zimplats also expanded its renewable energy pipeline, planning subsequent solar development phases that will increase installed renewable generation capacity to 185MW across Selous and Ngezi. The company’s energy efficiency initiatives continued across mining, processing, and metallurgical operations, focusing on reducing energy losses, improving equipment efficiency, and promoting responsible energy consumption practices throughout the business.
Forward Commitments
Zimplats aims to achieve a 30% reduction in Scope 1 and 2 emissions by 2030, with a long-term goal of carbon neutrality by 2050. The company will continue to enhance and consider energy securitisation measures in view of increased demand, while undertaking comprehensive climate risk and opportunity assessments to strengthen governance, improve resilience, and identify additional opportunities to accelerate the Group’s transition towards carbon neutrality.
Furthermore, Zimplats will continue to evaluate emerging technologies and strategic partnerships that support the transition towards cleaner energy while engaging employees, suppliers, investors, regulators, and communities in delivering its climate ambitions.
These actions and commitments reflect Zimplats’ commitment to sustainable business practices, environmental stewardship, and long-term value creation for communities and future generations.