“In light of society’s widespread concerns around the expected impacts of climate change, countries are working collectively to curb greenhouse gas and other noxious emissions, reduce energy intensity and protect the environment.”31 “We see climate change as one of the defining challenges of our era. We recognise the science of climate change and acknowledge that we have a role to play in limiting global warming to 2°C.”32 “The global response includes a transition towards lower emission transport and energy generation, likely to result in secular shifts in consumer demand across a number of industry sectors.”33 “Responsible environmental management, including the management of water consumption and discharge, is not only a major factor in legal compliance and permitting, but also plays a significant role in improving the balance of value from mining for our local stakeholders. Understanding the effects of climate change on our business and how they may impact our value chain is important as we strive to maximise the opportunities associated with the transition to a low-carbon future.”34 “Respecting society’s increasing expectations for greater transparency around climate change, we support the recommendations of the Financial Stability Board’s Task Force on Climate-related Financial Disclosures (TCFD), including the disclosure of our progress to date, as well as the development of quantitative scenario analysis, to be presented at a future date.”35 “Many of the environmental impacts of mining are borne by communities around our mining operations, while others have to be considered in the context of the contribution to global challenges such as climate change. Anglo American’s Sustainable Mining Plan articulates our commitment to demonstrating leadership in environmental stewardship.”36 “As demand for energy around the world grows, the proportion of that energy generated from thermal coal is set to decline. However, given the scale of future energy demand, we expect thermal coal to remain a material part of the global energy mix until 2040, especially in developing countries – playing a vital role in those countries’ economic growth.”37 “Switching to low-carbon energy sources can help mitigate GHG emissions in cases where we cannot reduce energy consumption further. To give impetus to our Anglo American plc (2018), Integrated Annual Report 2018, p. 12, available at https://www.angloamerican.com/~/media/Files/A/Anglo-American-Group/PLC/investors/annual-reporting/2019/aaannual-report-2018.pdf (last accessed on 12 September 2019). 32 Anglo American plc (2016), Climate Change: Our Plans, Policies, and Progress, p. 6, available at https://www.angloamerican.com/~/media/Files/A/Anglo-American-PLC-V2/documents/climate-changesupplement.pdf (last accessed on 12 September 2019). 33 Id. 34 Id., p. 17. 35 Id., p. 30. 36 Id. 37 Id. 31 Annex D: Corporate Statements on Climate Change and Human Rights | 6