BHP needs to go green, but it′s a gargantuan task
CEO Mike Henry has to juggle competing demands for stable production, generous payouts and the need to prepare for a carbon-light future
18 February 2020 - 13:15
Mike Henry has kicked off his tenure at the helm of the world’s largest miner with a 29% increase in first-half earnings. That laudable result was fueled by iron ore, a steelmaking ingredient. BHP Group’s promised climate targets remain a work in progress. It’s a striking contrast with BP’s CEO Bernard Looney, who started in the top job this month with a green splash.
BHP would do well to seize the initiative as details unfold in the critical months ahead...
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