Antofagasta Results Presentation Deck
TCFD
Adapting and mitigating transition and physical risks
Transition¹: IEA's SDS
$0-100m
$200-500m
$200-500m
$0-100m
$200-500m
Diesel price
Carbon tax
Investment in mitigation
Change in energy
costs due to mitigation
Carbon tax avoided by mitigation
Net Present Value Positive Exposure
Net Present Value Negative Exposure
Physical²: IPCC's RCP8.5
Northern Zone
(Centinela, Antucoya, Zaldivar, FCAB)
Decrease and/or loss of water supply
440
Extreme rainfall events
High and/or sustained temperatures
Particulate matter
Logistics disruption
Central Zone
(Los Pelambres)
Decrease and/or loss of water supply
Extreme rainfall events
High and/or sustained temperatures
Particulate matter
Logistics disruption
$0 - 50m
$100-200m
$50 - 100m
$50 - 100m
$50 - 100m
$100-200m
$100-200m
Not applicable
$50 - 100m
$0 - 50m
Antofagasta plc | 2021 Preliminary financial results
Climate scenario analysis
• Used to build our understanding of how
climate risks may:
O Develop and impact our operations
Inform our investment plans
O Enhance our prevention and recovery
control measures.
1.
●
Potential magnitude of our business's
exposure is similar under both an
extreme physical warming scenario and
aggressive mitigation scenario
Likelihood of value at risk is uncertain
Provides a useful reference point against
which to assess and prioritise mitigation
and adaptation measures to reduce our
exposure and strengthen our resilience.
The positive impact of climate change on copper demand or the
copper price, has not been quantified.
2. Physical changes in climate and the associated impacts vary by
geography and will impact Antofagasta's operations in different
ways.
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