Progress on Climate – Sumitomo Pulling Out of Australian Coal Mine
For Immediate Release
August 24, 2021
Progress on Climate- Sumitomo Pulling Out of Australian Coal Mine
Tokyo. Mighty Earth praises Sumitomo Corporation’s recent announcement it would sell its stake in the Rolleston thermal coal mine in Queensland, Australia.
“Sumitomo recently updated its climate policy to exit coal mining by 2030 and we applaud this concrete step towards that goal. Limiting global temperature rise to 1.5 degrees C will require deep near-term pollution cuts so we call upon Sumitomo to hasten its exit from coal mining and coal power generation,” stated Mighty Earth’s Japan Project Manager, Roger Smith.
In June 2021, Mighty Earth released a report “Smokescreen: Sumitomo’s ‘Carbon Neutral’ Failures” on Sumitomo’s continued fossil fuel dependence and outlined steps the company needs to take on climate change.
