Slide 1: Climate Change: Portfolio Analysis Views after Paris
bhpbilliton Climate Change: Portfolio Analysis Views after Paris Dr Fiona Wild Vice President, Sustainability & Climate Change
Slide 2: Portfolio analysis is an ongoing process
Portfolio analysis is an ongoing process In the past 12 months we have seen: The strong outcome from COP21 in Paris. The launch of the Financial Stability Board’s Task Force on Climate-related Financial Disclosures. Acceleration of the global energy transition. Continued and growing interest in clim
Slide 3: Views after Paris
Views after Paris Views after Paris provides: A tangible demonstration of how we monitor the external environment. An explanation of how we identify and track signals which provide timely insights into potential impacts on our portfolio. An insight into how these inform our strategic decision-making
Slide 4: Paris Agreement: key commitments
Paris Agreement: key commitments The Paris Agreement reaffirms the commitment to limit the increase in global average temperature to well below 2oC and to pursue efforts to keep the temperature increase to 1.5oC. We welcome the ratification of the Agreement given that last week, the threshold for en
Slide 5: Energy transition
Energy transition Views after Paris 10 October 2016 5 bhpbilliton
Slide 6: Renewables: the Central case view
Renewables: the Central case view Renewables Clean energy investments hit a record of US$329 billion in 2015. The US approved the extension of tax credits for wind and solar. The price of new-build (unsubsidised) renewable power generating capacity hit record lows. The International Energy Agency in
Slide 7: Renewables in China
Renewables in China Renewables • In 2015, China added a record amount of non-hydro renewable generating capacity (~US$100 billion). This compares to ~US$25 billion in thermal coal and gas. • As the Chinese economy has been restructuring, power demand plateaued, along with thermal coal use and emissi
Slide 8: EVs: the Central case view
EVs: the Central case view Electric vehicles • The Tesla Model 3 received 276,000 orders in the first three days, demonstrating strong consumer interest in EVs. • Battery technology continued to improve while costs declined, suggesting that in the longer term EVs will be cost competitive with intern
Slide 9: Global Accord
Global Accord Global Accord describes: • Robust global economic growth. • Unified action to address climate change – high cooperation and commitment to limit emissions. • Breakthroughs in low emission and renewable technologies. • There is an orderly transition to a 2oC world. Global Accord Unified
Slide 10: Retesting our portfolio
Retesting our portfolio • The commodities in our portfolio, including oil, natural gas and thermal coal, have strong future margins given our high-quality, low-cost assets. • We continue to regularly consider the attractiveness and potential addition of new commodities to the portfolio. • We have th
Slide 11: Our actions
Our actions We are committed to taking action on climate change by: Reducing our emissions. Building the resilience of our operations, communities and ecosystems to the impacts of climate change. Working in partnership to accelerate the development and deployment of low emissions and renewable techn
Slide 12: Our actions: Reducing our operational GHG emissions
Our actions Reducing our operational GHG emissions Our target is to keep total operational GHG emissions below our FY2006 baseline in FY2017. In FY2016, the Company’s total GHG emissions were 18 MtCO2-e, 13 per cent lower than the baseline. Performance was in part driven by emissions reduction proje
Slide 13: Our actions
Our actions REDD+1 2 US$5 million commitment to Alto Mayo in Peru, managed by Conservation International and protecting around 182,000 hectares of globally-significant, threatened forests. Great Barrier Reef Foundation3 A$600,000 partnership to enable experts in reef science and management to develo
Slide 14: Conclusion
Conclusion bhpbilliton Climate Change: Portfolio Analysis bhpbilliton Climate Change: Portfolio Analysis Views after Paris Views after Paris 10 October 2016 14 bhpbilliton
Slide 15: Signatures
bhpbilliton SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. BHP Billiton Limited and BHP Billiton Plc Date: October 10, 2016 By: /s/ Rachel Agnew Name: