With a digital twin, mining and minerals organisations can:
Track their emissions, energy and water consumption in granular detail and with a high degree of accuracy—alleviating the need for time-consuming, manual and error-prone calculations and reports.
Avoid unnecessary levies or penalties by providing authorities with robust, accurate and timely data based on real outputs.
Test potential operational scenarios to proactively make improvements—essential in meeting rigorous future targets.
Customise reports/data capture so they align with an organisation’s particular jurisdiction and location.
A recent report by Accenture examines how digital twin technology is being used to model entire value chains as virtual experiences—accelerating sustainability and significantly improving environmental outcomes. It predicts that by using digital twins, organisations can unlock US$1.3 trillion of economic value and 7.5 Gt CO2 emissions reductions between now and 2030.13 “Virtual twins drive sustainability and the circular economy at speed and scale. They help companies reduce their costs, resource use and carbon footprint…if industries, governments, and societies were to implement virtual twins, they could meet goals like the UN Sustainable Development Goals more easily or even faster,” Accenture’s report says.14 In addition to meeting compliance requirements, a digital twin can help organisations provide investors with comprehensive, accurate data for a mining or minerals company’s environmental performance.