The Mining Executive’s Post

#Mining plays a pivotal role in shaping a #sustainable future, yet the industry grapples with sustainability challenges. Research by BDO reveals a 74% surge in global #ESG disclosure requirements over four years, denting investor confidence. Inconsistent and incomplete data hinders ESG investments, with only 36% of mining companies disclosing energy intensity by ore volume. Although the Global Sustainability Standards Board released mining sector standards recently, full ESG compliance demands substantial investments in technology. Carbon taxes further pressure profitability, but they also drive demand for low-carbon technologies, offering opportunities for mining companies. Read more here: https://lnkd.in/dcihx2G5 The Responsible Gold Supply Application and Responsible Gold Standards have been developed to champion best practices in the #gold supply chain. Serving as tools to support the mining industry players and authorities in enhancing their #ESG practices. The ultimate goal is to leverage technology to make responsibly sourced gold accessible globally while protecting the environment and building a sustainable future. Read more: https://lnkd.in/dFangG_3

ESG as Key for Long-Term Success in the Mining Sector.   As the world must move towards a sustainable future, the mining sector plays a particularly critical role in ensuring the success of this transformation. Raw materials are the source of every innovation and technology that will enable a sustainable economy operating within the boundaries of our planet. We will need more mining to satisfy the upcoming demand for raw materials, and we need to make sure to produce them in the most sustainable way possible.   Due to its central position in global sustainability efforts, the mining industry itself is expected to adhere to sustainability as well as Environmental, Social and Governance (#ESG) standards. While innovation and new technologies are already enabling more sustainable mining, complying with ESG criteria will become a strategic advantage - and a business requirement in the future.   #MiningForum dedicates a panel to exploring the possibilities of sustainable mining as well as the beneficial use of certificates like CERA 4in1 to differentiate state-of-the-art sustainable mining projects in Europe and beyond.   We are delighted to welcome the following panelists: Dr. Michael Seeger (MX Mining Capital Advisors GmbH), Albrecht von Kempis (VonKempisResources GmbH), Dr.-Ing Frank Leschhorn (Munich Mining International) as well as Luisa Johanna Maria Daxeder (DMT GROUP) to share their knowledge on how more sustainability promotes the long-term success of mining. Knut Ansgar Hirsch from DMT GROUP will moderate the discussion.   🗓️ Date: 06.06.2024   ⏰ Time: 14.30h   📍 Location: Estrel Berlin, Room C   Join us in Berlin to discuss the future of sustainable mining. Remaining tickets are available here: https://lnkd.in/e8cP3h9Z   #Sustainability #ESG #MiningForum #Miningnews

📢 #GRI introduces the latest Sector Standard - GRI14, focusing on Mining! Released on Feb 5th, 2024, it's a major leap in global reporting standards for sustainable mining practices. 🚀 🔍 GRI14 extensively addresses disclosure demands in the mining sector, promoting multi-stakeholder consensus and transparency. Key features include: ✅ Reflecting industry impacts and defining transparency boundaries. ✅ Clearly outlining included activities and business relationships. ✅ Encompassing 25 material topics derived from impact assessments. ✅ Providing a clear representation of mining's contributions to SDGs. GRI 14 Standard applies to mining companies involved in the following activities: • Prospecting and exploration • Development (Design, planning, construction) • Mining operations • Closure and rehabilitation • Transportation, storage, sales, and marketing ⚖ The low-carbon transition relies on crucial minerals, but mining operations must balance their impact on both nature and people. Detailed reporting, facilitated by GRI14, is key to understanding and mitigating these effects. For those interested in a deeper dive into the standard, you can freely download it from the GRI Website. 🌐 Dipil Vasu, Safety Management Specialist (BCSP), IICA Certified ESG Professional - Impact Leader #ESG #TeamTechEHS #GRI14 #SustainabilityReporting #MiningIndustry #SDGs #ResilientFuture #MiningForChange #EnvironmentalResponsibility #CorporateTransparency #GlobalImpact #SustainableDevelopment #GRIStandards #CSRLeadership #miningandmetals #miningtechnology #miningoperations #transportationindustry #climatechangeaction #ghgemissions

The mining industry has long been considered to be a contributor to environmental and social ills. That might still be the case – but the industry is now also viewed as critical to the decarbonisation of the planet because it provides the raw materials that are needed for the global energy transition from fossil fuels to alternative sources of energy. Mining may be essential to the supply of these so-called green minerals, but that doesn’t mean that the industry is being given special dispensation on environmental, social and governance (ESG) issues. If anything, ESG has become even more top of mind for regulators, communities and investors, placing the onus on the industry – as the first source of emissions in the clean energy value chain – to accelerate its decarbonisation plans even as it is under pressure to ramp up production of critical minerals. 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 South Africa examine regional challenges, and their impact on talent strategies. With contributions and leading insights from Ricardo Bäcker; Richard Fortune; Kevin Hall; Nicolás Mora Schrader; and Takalane Khashane Bäcker & Partners | Executive Search & Leadership Consulting Search Partners International (SPI) Equation Partners | AltoPartners #esg #strategy #boardofdirectors #miningindustry #greentechnology #executivesearch #ceo #leadershipconsulting #skillsdevelopment https://lnkd.in/dnqsm7n7

🛑 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

📢 GRI introduces the latest Sector Standard - GRI 14, focusing on Mining! Released on Feb 5th, 2024, it's a major leap in global reporting standards for sustainable mining practices. 🚀 🔍 GRI 14 extensively addresses disclosure demands in the mining sector, promoting multi-stakeholder consensus and transparency. Key features include: ✅ Reflecting industry impacts and defining transparency boundaries. ✅ Clearly outlining included activities and business relationships. ✅ Encompassing 25 material topics derived from impact assessments. ✅ Providing a clear representation of mining's contributions to SDGs. GRI 14 Standard applies to mining companies involved in the following activities: • Prospecting and exploration • Development (Design, planning, construction) • Mining operations • Closure and rehabilitation • Transportation, storage, sales, and marketing ⚖ The low-carbon transition relies on crucial minerals, but mining operations must balance their impact on both nature and people. Detailed reporting, facilitated by GRI14, is key to understanding and mitigating these effects. For those interested in a deeper dive into the standard, you can freely download it from the GRI Website. 🌐 TeamTech Environment Health and Safety Private Limited #ESG #TeamTechEHS #GRI14 #SustainabilityReporting #MiningIndustry #SDGs #ResilientFuture #MiningForChange #EnvironmentalResponsibility #CorporateTransparency #GlobalImpact #SustainableDevelopment #GRIStandards #CSRLeadership #miningandmetals #miningtechnology #miningoperations #transportationindustry #climatechangeaction #ghgemissions

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

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

🌍⛏️ Exploring Sustainable Mining: The IGFMining Policy Framework 📜🤝 https://lnkd.in/dRJ3rM2v The International Institute for Sustainable Development's (IISD) Intergovernmental Forum on Mining, Minerals, Metals, and Sustainable Development (IGFMining) has been a trailblazer in fostering responsible and sustainable mining practices globally. The IGF's Mining Policy Framework stands as a cornerstone, offering a comprehensive guide for governments and stakeholders to promote sustainable mining practices. This framework prioritizes economic development, social wellbeing, and environmental protection, establishing a roadmap for the mining sector to operate responsibly while fostering positive impacts on local communities and the environment. This dynamic framework outlines key principles and best practices to navigate the complex landscape of mining operations, emphasizing transparency, good governance, environmental stewardship, and social responsibility. It's a testament to the IGF's commitment to balancing economic prosperity with social and environmental considerations. Amidst the global drive towards sustainability, the Mining Policy Framework serves as a valuable tool, facilitating dialogue, collaboration, and the implementation of sustainable mining policies worldwide. It encourages governments and industry players to collaborate, aligning efforts to ensure that mining activities contribute positively to social and economic development while minimizing environmental impacts. Let's acknowledge the invaluable efforts of the IGF in promoting sustainable mining practices and fostering a responsible mining industry. The Mining Policy Framework is a testament to the collaborative efforts aimed at achieving a balance between mining for resources and safeguarding our planet's future. 🌿⚒️ Erik Valiquette, CCLP Moisés Galé Nancy Norris Callum Haslam Heike Truol Jonathan Garcia #SustainableMining #IGF #MiningPolicyFramework #ResponsibleMining #EnvironmentalStewardship #SocialResponsibility #Sustainability #GlobalDevelopment