An Update on The Royal Mint

With the end of The Royal Mint’s year including the release of a new gold bullion design, and the beginning of this year marking announcements of its sustainability progress and a partnership with the Ministry of Defence to recycle electronic waste, Coin & Mint News™ covers the most recent updates from the organisation below.

Sustainability Efforts Continue to Advance

The Royal Mint (TRM) opened this year by announcing that its net zero targets have been formally validated by the Science Based Targets initiative (SBTi). SBTi is a global body that defines and promotes best practice in science-based target setting, independently assessing and approving companies’ targets in line with its strict criteria.

TRM has committed to reaching net zero greenhouse gas (GHG) emissions by 2050 across its own operations and within its supply chain. It aims to reduce its scope 1 and 2 GHG emissions – including those generated from electricity and gas use – by 90% by 2050, and its scope 3 GHG emissions – including those generated from purchased goods and services, waste management, and business travel – by 90% in the same time period.