Peabody: Best ESG-Responsible Mining Company Global 2018

Coal mining has had a bad rap over the years, but the industry has gone to great lengths to clean up its act — and global coal company Peabody is an industry leader in sustainable mining and advocating and collaborating to advance the development and deployment of clean coal technologies. Advanced technologies have reduced coal’s carbon footprint, with high-efficiency, low-emissions (HELE) power stations that can capture 90 to 99.92 percent of regulated emissions. Peabody continues to foster innovation in clean coal technologies, recognising and rewarding leadership through its annual global awards programme. Respect is embedded at the core of the Peabody philosophy and reflected throughout every action of its business practices, particularly its environmental, social, and governance (ESG) responsibilities. Last year, Peabody restored 5,145 acres of mined lands — 1.4 acres for each disturbed — into wildlife habitat, rangeland, hardwood forests, prime farmland, pastoral land, and wetlands. Passionate and proactive about restoring coal-mined lands for future generations, Peabody has spent $185 million over the last decade to restore 48,000 acres of land and contributed around $560 million to restore lands operated by other coal producers. Peabody reports on six environmental indicators in reference to the Global Reporting Initiative framework: last year the company recycled and reused approximately 59 percent of total water withdrawn and 72 percent of total waste. Peabody philanthropic funding and scholarship contributions totalled over $1.4m last year, and globally generated $10.6bn in direct and indirect economic benefits. The CFI.co judging panel has been following the company since its first award win in 2016 and is pleased to congratulate Peabody on its third consecutive win of the Best ESG-Responsible Mining Company (Global) award.