ICMM’s Post

Sustainable Mining: Balancing Value and Responsibility At first glance, the concept of sustainable mining may seem contradictory, given that minerals, once extracted, cannot be replenished in their original state. However, while this fact remains undeniable, the immense value attributed to minerals can yield significant benefits for communities and nations alike. Recent endeavours in this field have been propelled by governmental policies and mining enterprises acknowledging the importance of ethical practices and sustainability objectives. The key to any sustainable development intervention is to consult with those who can benefit most, the immediate communities. Read more on the blog. https://lnkd.in/gbttEiH5 #miningjobs #energyjobs #infrastructurejobs #projectresourcing #recruitment #collaboration #teamwork #team #corporateculture #concentis #energynews #miningnews #infrastructurenews #recruitmentnews #projectmanagement #projectmanagementjobs #assetmanagement #assetmanagementjobs

As Indaba '24 kicks off, mining's ESG imperative continues to gather momentum. Thanks to my colleagues at AltoPartners Executive Search for their insights in taking an ESG conversation, and turning it into practical wisdom. Kevin Hall Nicolás Mora Ricardo Bäcker Takalane Khashane #ESG #Board #executivesearch #Indaba

🛑 Earlier this week, we launched the GRI Mining Standard (#GRI14)!  As the first global reporting standard to holistically address the #sustainability impacts in the #mining sector, the new Standard enables companies to disclose their most significant impacts on the environment, communities, and workers. 🌏👷♂️ The fourth addition to GRI #SectorStandards series, GRI 14: ✅ Sets expectations for site-level transparency that reflect local impacts, to help stakeholders assess both impacts and risks by location and specific minerals  ✅ Covers critical themes that range from #emissions to #waste, #humanrights to land and resource rights, #climatechange to #biodiversity, anti-corruption to community engagement ✅ Introduces three topics not previously addressed by GRI yet of specific relevance to mining firms: tailings management, artisanal and small-scale mining, and operating in conflict zones. The Standard applies to all organizations engaged in mining and quarrying, including exploration and extraction, primary processing, and related support services, and is now freely available for download. More info, including on Standard’s multi-stakeholder development process, is available here 👉 https://ow.ly/4zn050Qzfu8

The energy transition faces many challenges, and mining companies play an essential role in this energy transition with the need for critical minerals. #criticalminerals

How a mining company managed its environmental, social, & governance risks for its sustainable growth? This case study discusses how by following strategies suggested by our analysts helped a mining company to regain its market position and shift to sustainable and long-term expansion. Dive deep into this Blog Insights @ https://lnkd.in/ggp64BR4 #mining #environmental #social #marketresearch #researchnester

The RSA mining industry is experiencing a downturn in the commodity cycle, logistics challenges, and the need for leaner enterprises. Despite these challenges, the sector has shown resilience by managing loadshedding through backup power and shift adjustments and is increasingly embracing green initiatives and ESG goals. However, as the sector adopts new technologies, it faces a skills gap and needs to align its workforce with these changes. . . . . . . More insights: https://lnkd.in/dGwgBWnA

Launched a couple of months ago, the GRI Sector Standard for #Mining (#GRI14) provides a helping hand to companies in meeting widespread disclosure and #duediligence needs, all the while allowing stakeholders to fully understand impacts, make comparisons across commodities and companies, and track progress over time.     In particular, GRI 14 enables complete, consistent, and detailed reporting by:    ✅ Focusing on the most significant impacts, thereby helping companies determine material topics from a #sustainabledevelopment perspective  ✅ Identifying relevant disclosures to report on impacts, reflecting the major concerns of stakeholders  ✅ Indicating mine-site-level reporting expectations for locally significant impacts    Mark Robinson, Executive Director at the EITI (Extractive Industries Transparency Initiative), said:    “The energy transition brings risks and opportunities for the mining sector in equal measure. Without transparency, the sector will lack the means to respond to a changing landscape in a way that enables citizens to benefit fully from their resources. The EITI welcomes the GRI’s revised Mining Sector Standard and encourages EITI implementing countries and other stakeholders to draw on company disclosures to use it to streamline their own reporting and identify opportunities for data use.”    Find out more details about the Standard & download it today here 👉 https://lnkd.in/gP5csPVU #sustainabilityreporting #GRIStandards #impactreporting

The global experts at AltoPartners Executive Search have just released their latest industry insights - this time the spotlight is on the #miningindustry. While any discussion on mining is highly context-driven and as the Investing in African Mining Indaba kicks off today, our global mining and natural resources experts agree that regardless of jurisdiction, integration of ESG into corporate strategy is going to be more important than ever in 2024 and the next decade. Organisations that leave ESG work to a small and often underfunded department to manage (and in too many cases, solve), do so at their peril. In this report, partners in #Argentina, #Australia, #Canada, #Chile and #southafrica examine regional challenges, and their impact on talent strategies. #esg #globalinsights #localexperts #miningindustry #executivesearch #leadershipconsulting #strategy #skillsdevelopment

🚨 We Need Your Insights on ESG in Mining! 🚨 Mining Journal Intelligence is conducting new research aimed at objectively rating the industry’s priorities, performance, and progress across key Environmental, Social and Governance indicators – and as a mining professional, we need your insights. 🔍 We want to know: 𝐈𝐬 𝐄𝐒𝐆 𝐭𝐨𝐩 𝐨𝐟 𝐲𝐨𝐮𝐫 𝐩𝐫𝐢𝐨𝐫𝐢𝐭𝐲 𝐥𝐢𝐬𝐭 – 𝐨𝐫 𝐚 𝐝𝐢𝐬𝐭𝐫𝐚𝐜𝐭𝐢𝐧𝐠 𝐚𝐧𝐝 𝐦𝐢𝐬𝐮𝐬𝐞𝐝 𝐭𝐞𝐫𝐦? 𝐇𝐚𝐬 𝐦𝐢𝐧𝐢𝐧𝐠 𝐚𝐜𝐡𝐢𝐞𝐯𝐞𝐝 𝐫𝐞𝐚𝐥 𝐩𝐫𝐨𝐠𝐫𝐞𝐬𝐬 𝐨𝐧 𝐜𝐚𝐫𝐛𝐨𝐧 𝐞𝐦𝐢𝐬𝐬𝐢𝐨𝐧𝐬, 𝐟𝐞𝐦𝐚𝐥𝐞 𝐫𝐞𝐩𝐫𝐞𝐬𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧, 𝐚𝐧𝐝 𝐰𝐨𝐫𝐤𝐞𝐫 𝐬𝐚𝐟𝐞𝐭𝐲? 𝐖𝐡𝐢𝐜𝐡 𝐢𝐬 𝐭𝐡𝐞 𝐭𝐨𝐮𝐠𝐡𝐞𝐬𝐭 𝐄𝐒𝐆 𝐜𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞: 𝐤𝐞𝐞𝐩𝐢𝐧𝐠 𝐜𝐚𝐬𝐡 𝐟𝐥𝐨𝐰𝐢𝐧𝐠 𝐭𝐨 𝐜𝐨𝐦𝐦𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐨𝐫 𝐫𝐞𝐜𝐲𝐜𝐥𝐢𝐧𝐠 𝐰𝐚𝐭𝐞𝐫? Please share your views in our ESG Survey 2024, which will help inform our inaugural 𝐄𝐒𝐆 𝐌𝐢𝐧𝐢𝐧𝐠 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐈𝐧𝐝𝐞𝐱 report. ⏱️ The survey takes just 7 minutes. As a thank you, respondents will receive a free Executive Summary of our 𝐄𝐒𝐆 𝐌𝐢𝐧𝐢𝐧𝐠 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐈𝐧𝐝𝐞𝐱, publishing soon. 𝐓𝐚𝐤𝐞 𝐭𝐡𝐞 𝐬𝐮𝐫𝐯𝐞𝐲: https://lnkd.in/gSJAPSBB

Today marks the release of the GRI Mining Sector Standard (#GRI14) - 2 years after we commenced the development of the standard. It provides the 1st global reporting standard to holistically address the #sustainabilityimpacts of #mining companies. It's been a great experience to be 1 of 4 people in Australia to work with the GRI and the other international experts on the Mining Sector Standard Working Group. What's the new GRI Mining Sector Standard actually like to work with? Well, I've been applying the new standard to develop multiple ESG frameworks and Sustainability Reports for mining companies - and happy to say that it is a straight forward process for companies small or large, which sets them up with a powerful and recognisable approach to Sustainability/ESG. The Standard is very comprehensive and has set a new 'best practice' benchmark in terms of approaching Environment, Social, Governance (ESG). Therefore, a 'Walk before you run' approach to Sustainability can enable the GRI standards to be applied very cost effectively, over time. We are seeing growing regulatory requirements on sustainability reporting internationally, and the GRI provides a strong foundation to address such requirements. GRI's established fungibility with the European Corporate Sustainability Reporting Directive - which I believe will in future extend to Australia and other regions - is notable. I look forward to see the standard be applied by those mining companies currently reporting with GRI, and other companies new to Sustainability Reporting. Thank you for your facilitation Noora Puro, Júlia Ontañón Beguerel and also for the important contributions of my colleagues on the Working Group. https://lnkd.in/gQG4VSYr) #sustainabilityreporting #ESG #minerals #lowcarbon #justtransition