Energy & climate change

Climate change remains one of the most pressing issues of our time. Extending beyond environmental implications, it has the potential to impact nearly every aspect of our business, and the lives of our employees and community members.

AngloGold Ashanti is proactive in identifying and minimising existing climate-related risks. Together with our stakeholders, we work to adopt strategic plans to fortify resilience against future impacts. Aligned with our core values and maintaining our external formal and voluntary commitments, including those aligned with the ICMM, the WGC and the UNGC, our comprehensive climate change strategy has set the policy direction for our ‘climate smart’ action plans.

The strategy seeks to ensure that we work to insulate our operations against the physical climate risks that may impact both our operations and host communities, implement appropriate climate disclosure systems and maximise further opportunities for cost-saving energy efficiency programmes.

The strategy is based on five key principles:

Seeking to ensure that our core values are upheld through actions arising from the climate change strategy
Maintaining external commitments where we are a signatory, including the ICMM’s Mining Principles, the WGC’s Responsible Gold Mining Principles and the UNGC
Taking a holistic, long-term, life-of-mine and systemic approach to managing climate risks that includes those beyond the fence line, supply chains, communities and ecosystems
Using the latest science-based data, information and knowledge to support decision making
Disclosing in alignment with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD)

Embedded within our strategy is our net zero roadmap, which charts the pathway to net zero Scope 1 and Scope 2 GHG emissions by 2050. This roadmap comprises three stages:

Targeting 100% clean electricity (>70% green) including wind, solar, hydrogen, battery, combined with new storage technologies
Eliminating the use of fossil fuels and the adoption of 100% alternative fuels and electrification. This will include the adoption of electric material movement technology (conveyors, railveyors, trolley assist, battery technology), energy efficiency initiatives and will be supported by innovative approaches (such as in situ leaching)
Using carbon offsets, as a last resort, particularly where this could support local communities

Policies and standards

Management Standard: Air Quality English, pdf

Related Reports

Roadmap to Net Zero

Our Decarbonisation Journey

AngloGold Ashanti has set an interim target of cutting Scope 1 and 2 greenhouse gas emissions by 30% by 2030 through a combination of renewable energy projects and initiatives which improve efficiency or use lower-emission power sources. We have taken significant steps towards this target with the completion of our renewable energy project at Tropicana in Australia and switching to the national power grid at Geita in Tanzania.

Tropicana Hybrid Renewable Energy Plant

AngloGold Ashanti took a significant step forward in our decarbonisation journey following the transition to commercial operation of the renewable energy facility at Tropicana in February 2025.

The project involved integrating 61MW of wind and solar generation into the existing 54MW gas-fired power station at the mine to create the largest off-grid hybrid power system in Australia.

Constructed by Pacific Energy, the project involved more than 200,000 on-site labour hours and was delivered safely on time and on budget.

Tropicana’s renewable energy facility supports AngloGold Ashanti’s strategy to reduce its global net carbon emissions from energy use by 30% by 2030, as part of its roadmap to achieve net zero carbon emissions by 2050.

It is the first facility of its kind to be implemented within the AngloGold Ashanti group. The decarbonisation journey at Tropicana started in 2016 when diesel power generation was replaced with natural gas generation enabled by the extension of the Eastern Goldfields natural gas pipeline.

Pacific Energy owns and operates the off-grid hybrid power station at Tropicana under a 10-year build-own-operate agreement.

fact sheet

INFOGRAPHIC

ANNOUNCEMENT

Linking to the TANESCO grid at Geita

With the aim of replacing a significant portion of its diesel generated power at the site with grid power, AngloGold Ashanti worked closely with the government of Tanzania through its power utility, TANESCO to implement the project.

TANESCO financed a 6.1km electricity distribution line (220/33kV) from its Mpomvu substation to a purpose-built substation at the mine while GGML financed and constructed the on-site 33/11kV 80MVA mine substation. The mine will draw an average load of 32 – 34MW, satisfying most of its underground mining and processing power requirements.

TANESCO’s generation system is made up mainly of hydro and thermal-based generation, with thermal power from natural gas making up the largest share of its grid power generation. Total thermal generation contributes 54.4% of the total installed capacity while hydro plants contribute 45.15% and biomass 0.44%

Download fact sheet

Our performance in 2024

AngloGold Ashanti set its first emissions reduction targets in 2008, which were met in 2018 and by 2021, we had achieved a 47% reduction in GHG emissions intensity through some fuel switching and efficiency improvements but also due to the closure and divestment of assets.

HA | GHG emissions intensity (kilograms of GHG per tonne treated)

HA | Scope 1 & 2 GHG emissions (Million tonnes)

HA | Energy consumption (petajoules)

HA | Energy intensity (gigajoules per tonne treated)

HA : Independent third party “High Assurance” as having been prepared and disclosed in accordance with the defined reporting criteria and free from material misstatement. Refer to Sustainability Report 2024: Assurance statement.

For further information, refer to Sustainability Report 2024: Climate action and pursuing resilience

Landscape near Cerro Vanguardia, Argentina

ICMM climate change commitment

In October 2021, AngloGold Ashanti committed collectively with members of the International Council on Mining and Metals (ICMM), to a goal of net zero Scope 1 and 2 greenhouse gas (GHG) emissions by 2050 or sooner in line with the ambitions of the Paris Agreement.

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