Peabody: Best ESG-Responsible Mining Company Global 2020

Peabody makes a bold case for coal as a sustainable energy source. The NYSE-listed company understands that this is a controversial claim, but backs it with facts — and action. As a signatory of the UN Global Compact, it publicises its SDG objectives and performance in comprehensive annual reports. It presents a three-pillar case for coal’s sustainability: high-demand markets, advanced technology, and financial opportunity. Global coal usage totals some 7.5 billion tonnes annually, with more than 100 gigawatts of electricity to be brought online over the next two years. An increase in high-efficiency, low-emission (HELE) and carbon capture, use and storage (CCUS) technologies has enabled a transition towards more sustainable production — while continuing to meet rising global energy demands. Peabody argues against “symbolic but misguided divestment actions” that aim to end the entire fossil fuel industry. It believes that engagement and ESG-based investment should be used to shape the future of the industry, rewarding responsible players with financial backing for sustainable growth. It provides thermal and metallurgical coal products to the power and steel sectors in 25 countries on six continents. Peabody says its products provide economies and improve quality of life — and its ESG actions deliver meaningful benefits for stakeholders. The CFI.co judging panel presents Peabody, a repeat programme winner, with the 2020 global award for Best ESG-Responsible Mining Company.

marten

Recent Posts

Dubai World Trade Centre: Champion of Global Business and Trade Ecosystems EMEA 2025

For over four decades, Dubai World Trade Centre (DWTC) has been a cornerstone of Dubai’s…

2 days ago

Krungthai Bank PCL: Best Social Impact Bank Thailand 2025

Krungthai Bank PCL plays a pivotal role in driving sustainable economic and social development in…

1 week ago

Région Île-de-France: Best Green Bond Thought Leadership Team Global 2025 & Best in Class Bond Issuer Global 2025

Région Île-de-France demonstrates a steadfast commitment to sustainable finance, playing a pioneering and influential role…

4 weeks ago

Spectrum Asset Management: Excellence in Preferred Securities Portfolio Management Global 2025

Spectrum Asset Management is a leading institutional manager specialising in preferred and capital securities, with…

1 month ago

Moody’s Ratings: Best Credit Risk Analysis LATAM 2025

Moody’s Ratings is a globally recognised leader in credit ratings, research and risk analysis, with…

1 month ago

La Trobe Financial: Best Investment Management Team Australia 2025

La Trobe Financial has cemented its reputation as Australia’s premier alternative asset manager, demonstrating a…

2 months ago