Concentis’ Post

By 2050, it is estimated that 2.5 billion more people will live in cities, increasing the demand for metals and mineral production used in buildings, transport and other infrastructure. Important as these critical minerals are, the ends, do not justify any and all means. Our Mining Principles provide a framework for companies to maximise the potential to help build a sustainable future, while minimising the negative impacts of mining. Find out more: https://lnkd.in/eYi6hgEi

Western Australia's Battery and Critical Minerals Strategy was recently refreshed and states a claim to elevate its economic standing through a strategic focus on critical minerals. With abundant deposits and established infrastructure, the state has aimed to become a global leader in mining, processing, and manufacturing. This strategy aligns itself with goals of decarbonisation and regional prosperity, emphasising investment in research, governance, and infrastructure.   What are your thoughts on this update? How do you see WA's role evolving in the global critical minerals supply chain?   Link to the website: https://lnkd.in/g5BkxV32 #CriticalMinerals #WAMining #Australia

Report Launch! 📚 Ensuring sustainability in natural resource mining remains an ongoing challenge. There's a pressing need for a comprehensive shift within the mining sector and its regulatory frameworks towards sustainability. Our recently published report ‘Supporting Sustainable Mining Practices and Pathways in the Congo Region' details a series of best practices focused on four key fields of action in this area. They include: - Designing integrated approaches - Facilitating multi-stakeholder collaboration - Instituting regulatory norms - Putting protocols in place for planning, monitoring, and evaluation 🌍 Join us on World Environment Day, June 5th, as we launch this report. Delve into its findings with the authors and leading experts and gain actionable insights aimed at transforming the mining industry towards lasting sustainability. 🗓️: 5 June 2024 📍: Online ⏰: 14:00 - 15:30pm CET 🔗To register: https://lnkd.in/eCdmXdx4 Read full report here: https://lnkd.in/ev7TFUPe

Nice summary thought on the outcomes of last weeks Investing in African Mining Indaba event. The future of the mining industry, especially in Africa, was being reimagined and negotiated. This was a response to both environmental and international political challenges. “We must strive towards enhancing the resilience of our people and communities while concurrently decarbonising operations and supply chains". What are your takeaways? Source: Mining Weekly https://lnkd.in/e3yBniNH

Explore the game-changing projects outlined in the new Australian Critical Minerals Prospectus. From mining to processing, these opportunities are set to shape the global energy landscape. Discover how Australia's resources play a vital role in the shift towards a sustainable future. Read the full article below. #CriticalMinerals #Sustainability #InvestmentOpportunities

The new Mining Standard (#GRI14) has published today – providing the 1st global reporting standard to holistically address the #sustainabilityimpacts of #mining companies. Reflecting multi-stakeholder consensus on the disclosure demands facing the sector, this new GRI Standard: ✔️Sets expectations for site-level transparency that reflect local impacts, so stakeholders can assess impacts & risks by location and specific minerals. ✔️Covers critical themes that range from #emissions to #waste, #humanrights to #climatechange, and #anticorruption to #communityengagement. ✔️Already has widespread support - including from EITI (Extractive Industries Transparency Initiative), International Energy Agency (IEA), Natural Resource Governance Institute, IndustriALL Global Union and IRMA Initiative for Responsible Mining Assurance As Carol Adams, chair of the #GSSB, explains: “The low-carbon transition cannot be realized without key minerals that the sector provides – yet mining operations can have damaging impacts on both nature & people. We need detailed, consistent and comparable reporting on the most significant impacts of mining companies, which this new GRI Standard will deliver.” 'GR1 14: Mining Sector 2024' is freely available now for download. Find out more here 👉 https://lnkd.in/dWdCzBXV #sustainabilityreporting #quarrying #minerals #lowcarbon #justtransition

It's with immense pride and gratitude that I reflect on the two-year journey leading to this achievement: launch of the GRI Sector Standard for Mining. It is a groundbreaking effort to bring more transparency and accountability over the impacts of mining on natural environments, local communities, and the hard-working men and women who extract the minerals that shape our worlds. 🌐 Our journey began with a simple yet powerful vision: to create a standard that sets a blueprint for transparency over companies' practices and actions to manage their impacts. To achieve this, we knew we had to engage stakeholders at every level - from industry leaders to local communities, from environmental advocates to policymakers. Consolidating these inputs was not an easy task, but absolutely crucial to get to a point where progress can happen. 💬 What makes our standard truly exceptional is the diverse tapestry of voices it represents. Though what became clear early on was that information users - from investors to customers to civil society to governments to academia - all are after better quality and more granular data. The standard takes major steps forward in this respect, and when used as intended should provide detailed information on local impacts. This does not mean that sustainability reports will blow up to be thousands of pages, but that reporting on focused on those impacts that matter, and where they matter, the most. 🌍As we move forward, our standard will not only guide us towards more sustainable and responsible practices but will also serve as a beacon of hope in our quest for a better, more equitable world. It's a reminder that change is possible, even in the face of immense challenges. We encourage companies to get acquainted with the standard, ask questions from us (webinars will take place at the end of February), and get involved in piloting the standard as early adopters. Investors, NGOs, communities, and other information users, please use the standard to ask questions from companies, about what they're reporting, what they are not reporting, and why. 🙏 Finally, I want to extend my heartfelt gratitude to every stakeholder who lent their voice to this journey. Your passion, insights, and commitment have made this milestone possible. A special thanks to the core #GRI team and Júlia specifically for navigating the sometimes stormy waters with me from the beginning! A big hand to our amazing Working Group members, who generously donated their time, expertise and networks to make bring the standard to life. If you're in #MiningIndaba, please join our breakfast launch event on Thursday - we have just a few seats left and expect a fantastic discussion with Adam Matthews Claude Kabemba Charlotte Ndakorerwa Ege Tekinbas Inga Petersen Stephen Bullock Charmane Russell Louis Maréchal and Bola Adeeko, F.IoD, ACS. I look forward to the next steps together towards transformative change! #Sustainability #Collaboration #Impact #GRIStandards

More #GRIStandards news: The new #GRI Mining Sector Standard has been released! Thanks to the hard work of the multi-stakeholder sector working group, the #GSSB & the GRI Standards team, the new #miningindustry standard will foster more #transparency & #accountability of organizations' environmental, economic & #socialimpact in this critical sector for #SustainableDevelopment. A special congrats & thanks to the members of the multi-stakeholder working group that represented North America: - Kristi Disney Bruckner or IRMA Initiative for Responsible Mining Assurance - Robert Pitman of Natural Resource Governance Institute - Jeff Geipel of Mining Shared Value - Peter Sinclair of World Gold Council - Melissa Waller of Hyperion Metals & AIF Global - Patricia Zerega of Mercy Investment Services - John Drexhage of The World Bank. With the working group consisting of representation from investors, business, civil society, labor & mediating institutions from around the globe, this is a new global standard that will help assorted stakeholders around the world make informed decisions related to the #miningindustry. #Sustainability #sustainabilityreporting #impactreporting #ESG #esgreporting

Rewriting the Tale of Mine Tailings Part 1 of 5: The move to green energy will require more critical minerals, and more mining. Yet mines produce large amounts of waste. We use mine waste (tailings) to remove carbon dioxide from the air. 🌍 What’s more, our technology can be used at different stages of the mining process, in both active and closed mines. For us, mine waste isn't the end of the story; It's the beginning of a new one. #GreatPlaceToWork #GreatPlaceToRock #CarbonDioxideRemoval #RockingCO2 #environment #climatechange #innovation #climateaction

The launch of the Global Reporting Initiative (GRI) Mining Standard (#GRI14) marks a significant milestone in addressing the sustainability impacts of the mining sector worldwide. With a focus on transparency and stakeholder demands, this pioneering standard provides a common set of metrics for mining companies to report their impacts effectively. #GRI14 introduces crucial topics previously overlooked, such as #tailingsmanagement, #artisanalandsmallscalemining, and operating in #conflictzones, catering specifically to the unique challenges faced by the industry. This release comes at a pivotal moment, with increasing scrutiny from policymakers and regulators on #responsiblemineralsupplychains. By incorporating expectations from responsible mining guidance and relevant sector standards, #GRI14 not only facilitates compliance but also ensures robust and comparable reporting, empowering investors and downstream customers to make informed decisions. #mining #sustainability #reporting #ESG #ASGM #ResponsibleMining