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BHP GROUP LIMITED

(BHP)
  Report
Delayed Australian Stock Exchange  -  02:10 2022-08-17 am EDT
40.85 AUD   +0.84%
11:42aCredit Suisse Raises Price Target on BHP Group to GBP23 From GBP22, Calls Fiscal 2022 Results 'Solid,' Keeps Neutral Rating
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02:58aAustralian shares rise after weak wage data, CSL caps gains
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08/16BHP : Meet Andrew championing diversity and inclusion at BHP
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BHP Expects to Spend US$4 Billion on Emissions Reduction to 2030, Executive Says

06/28/2022 | 04:15am EDT

By Rhiannon Hoyle


BHP Group Ltd., the world's largest miner by market value, expects to spend roughly US$4 billion on cutting its greenhouse gas emissions through to 2030, an executive said Tuesday.

The figure is at the top end of earlier estimates by BHP that it could spend between US$2 billion-US$4 billion on operational decarbonization projects over that period.

BHP's chief legal, governance and external affairs officer, Caroline Cox, made the remark to investors as she announced the miner's new so-called social value framework and scorecard, which includes goals on nature improvements and partnerships with communities and indigenous groups.

She said BHP has cut greenhouse gas emissions from its operations by 20% since fiscal year 2020, and that it continues to work with suppliers and customers to reduce so-called Scope 3 emissions generated outside of its mine sites.


Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com


(END) Dow Jones Newswires

06-28-22 0414ET

Stocks mentioned in the article
ChangeLast1st jan.
BHP GROUP LIMITED 0.84% 40.85 Delayed Quote.23.45%
WTI 0.84% 87.718 Delayed Quote.15.49%
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Analyst Recommendations on BHP GROUP LIMITED
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Financials (USD)
Sales 2022 65 529 M - -
Net income 2022 24 354 M - -
Net Debt 2022 4 578 M - -
P/E ratio 2022 5,86x
Yield 2022 11,8%
Capitalization 143 B 143 B -
EV / Sales 2022 2,25x
EV / Sales 2023 2,59x
Nbr of Employees 40 110
Free-Float 68,3%
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Technical analysis trends BHP GROUP LIMITED
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TrendsNeutralBearishNeutral
Income Statement Evolution
Consensus
Sell
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Mean consensus OUTPERFORM
Number of Analysts 18
Last Close Price 28,26 $
Average target price 30,00 $
Spread / Average Target 6,15%
EPS Revisions
Managers and Directors
Mike Henry CEO, Non-Independent Executive Director
David Mark Lamont Chief Financial Officer
John Kenneth Norman MacKenzie Chairman
Laura Tyler Chief Technical Officer
Malcolm William Broomhead Independent Non-Executive Director
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