Boliden, a mining and smelting company, has set a target for net zero by 2050. The company aims to achieve a 40% reduction in absolute emissions for Scopes 1 and 2 by the year 2030, using the base year 2021. Additionally, there is a targeted 30% reduction in absolute emissions for Scope 3 by 2030, with 2021 as the baseline. The company has set an intensity target, intending to achieve a 40% reduction in CO2 emissions per unit of metal production by the year 2030, relative to the levels recorded in 2012. In the pursuit of low-carbon copper and zinc production, Boliden has established 2030 CO2 intensity targets for these metals. By 2030, the company's copper production aims to emit less than 1.5 kg CO2 eq/kg Cu on average, while the Boliden's zinc production targets an average emission of less than 1.0 kg CO2 eq/kg Zi.

Boliden reported a total of 847,000 tCO2-e for combined Scope 1 and Scope 2 emissions in 2022, with a GHG intensity of 0.60 ton CO2/ton metal. Specifically, Scope 1 direct emissions, originating from sources owned or controlled by the company, such as combustion in its own boilers, furnaces, and vehicles, amounted to 535,000 metric tons. Concurrently, Scope 2 indirect emissions, generated from the purchased electricity, heat, and steam consumed by Boliden units, totaled 312,000 metric tons. While the compilation of Scope 3 indirect CO2 emissions is pending, these emissions typically arise indirectly from the company's activities but originate from sources not owned or controlled by Boliden. The company considers Scope 3 to encompass emissions from its supply chain, as well as downstream transport, processing, and end-of-life.

Boliden has taken steps to reduce its emissions and achieve its net-zero targets. The company has implemented measures to improve energy efficiency and contribute to a low-carbon future. It also reports the outcomes based on internationally recognized protocols for measuring CO2 equivalent (GHG) emissions.

In conclusion, Boliden has set net-zero targets and aims to achieve them by 2050. The company has specific goals related to scope 1, scope 2, and scope 3 emissions. Boliden has taken measures to improve energy efficiency and contribute to a low-carbon future. The company's commitment to sustainability showcases its dedication to addressing environmental challenges.

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