ESG improvement
Sustainability
ESG has become a mainstream concept but for us it is nothing new.
Sustainability, socio-economic upliftment and biodiversity management have always been entrenched in our DNA We recognise that the world’s climate risks, poverty rates and biodiversity losses are linked and must be tackled in a holistic manner.
We strive to be a genuine partner for our investors and to build resilience to global challenges.
ESG Remains
ESG remains the top risk and opportunity for mining and metals companies in 2023.
The issue is now firmly integrated within corporate strategies due to its impact on almost every aspect of operations.
Some of the greatest areas for ESG improvement are not new — improving diversity, equity and inclusion is still a major challenge, and mine closures and rehabilitation require a longer-term, more strategic view..
ESG is evolving
But ESG is evolving, requiring miners to consider different issues and broaden their capabilities to manage them effectively.
For example, water stewardship and biodiversity are fast becoming urgent priorities amid a changing climate. Stakeholders expect miners to better assess risks and opportunities, and articulate these through transparent, outcome-based measurement and assurance.
In fact, more rigorous reporting will become critical if companies are to meet growing stakeholder expectations and avoid accusations of “greenwashing.”
Miners that achieve this can get an edge on competitors in many ways — from accessing capital to securing license to operate and attracting talent.