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Mining firms, especially in Australia, are under pressure to achieve net-zero emissions by 2050. Digital transformation and sustainability go hand in hand, aiding in #ESG reporting and operational efficiency. A sustainable IT strategy, including robust monitoring, is crucial for reducing carbon footprint and aligning with ESG goals. By integrating IT monitoring technology, mining companies can lead the charge towards a greener future. Let's measure, manage, and make strides towards sustainability. Read more: https://lnkd.in/g7vSe-R4 Qenta’s Responsible Gold offering encourages best in class ESG practices in the #gold mining sector. The objective is to promote #transparency and #traceability in the gold supply chain to promote economic growth and support ESG practices to achieve #net-zero climate commitments. Read more here: https://lnkd.in/dFangG_3 

ESG compliance is becoming increasingly important for businesses as investors and other stakeholders demand greater accountability around ESG issues. Compliance with ESG requirements provides significant opportunity for mining companies to differentiate themselves by improving their sustainability and reducing the risks associated with ESG issues. By prioritizing ESG practices, mining companies can identify and mitigate risks and build a more resilient business. My article on page 12 of the B&FT published today sheds some light on ESG Compliance in the mining sector. Please read below: #esg compliance #mining https://lnkd.in/dj22bBFV

ESG Mining - The Global Investor Commission on Mining 2030 London, 22nd November 2023: The Global Investor Commission on Mining 2030, a collaborative investor-led initiative, today announces that it has already received the support of 82 investors with over $11 trillion in assets under management and advisement for its mission to develop a vision for a socially and environmentally responsible mining sector by 2030. Some of the world’s leading Asset Owners and Fund Managers have come together to support the Global Investor Commission on Mining 2030, also known as the Mining 2030 Commission, including Dutch fund APG-AM ($589b), Canadian fund CDPQ ($309b), US fund CalSTRS ($307b), UK fund Scottish Widows ($206b), UK fund USS ($109b), as well as managers LGIM ($1.47trn), Abrdn ($467b), AVIVA ($270b), South African manager Ninety One ($175b) and the Australian Council for Superannuation Investors (ACSI – whose members have $1trn in AUM). #mining #sustainability #esg #edenam

The panel session on Driving Sustainable Development - Circularity & ESG in Mining at the Invest Africa Mining Series saw panel experts discussing and debating ESG trends specific to Africa’s mining sector, spanning environmental, social and governance considerations. In the realm of ESG matters, the mining industry has shed its long-held label as a contributor to the problem – increasingly seen as a viable source of the solution. A growing body of evidence emphasises ESG’s critical role in ensuring resilience, long-term success, and superior investment returns; companies with robust ESG credentials outperform peers, and the ways in which mining companies position themselves around the energy transition will determine sustainability and competitive advantage in the next decade. Still, a prevailing perception of an inherent trade-off between fostering sustainability and achieving robust business growth persists, often casting ESG-related spending as a cost rather than a strategic investment. These were just some of the issues unpacked by the panel of Bruce Dettling, Mining Broking Leader, Global Broking Centre, Aon (UK), Laura Blanco Toro, Global Head of ESG at Xcalibur Smart Mapping, Ana Hajduka Shields, Founder & CEO of Africa GreenCo, Marie-Chantal Kaninda, President of Glencore DRC, moderated by Ian Massey, Head of Corporate Intelligence, EMEA, S-RM.

EY launches the Top 10 business risks and opportunities for mining and metals in 2024! - ESG dominates, retaining the top spot for the third consecutive year!   - Capital rises to #2, demonstrating the investment needed to support the energy transition.  - New ways of achieving sustainable productivity gains, developing and securing access to markets are being developed to cope with stakeholder and geopolitical demands.   Learn more https://lnkd.in/d-qNbWqi #ESG #MiningAndMetals #MineraçãoEMetais

Great read from the PwC Canada ESG team! Wondering how Canadian mining companies compare to their peers when it comes to ESG reporting and disclosures? The latest perspective dives into mining-specific findings from this year’s ESG Reporting Insights. Click to benchmark your sustainability disclosures and learn more about value-creation opportunities. Sarah Marsh, Naomi Thomas, Chelsea Choi, CPA Brendon Dawson, Ron Gill, Mark Patterson

As PDAC kicks off, it's prime time to explore the latest trends shaping the mining industry's sustainability landscape. Have you ever wondered how Canadian mining companies stack up against their peers in ESG reporting and disclosures? Our newly released 2024 Canadian ESG Reporting Insights shed light on this crucial comparison, uncovering key findings and value-creation opportunities for mining companies across Canada. Dive into our report to benchmark your sustainability disclosures and gain actionable insights just in time for the ESG discussions during the convention. I'm particularly fascinated by how mining companies lead the charge in transparently addressing ESG risks while recognizing the room for improvement in seizing key opportunities. Did you know that only 28% of Canadian mining companies currently obtain trust over their greenhouse gas emission data, compared to 38% for other Canadian industries? It's evident that there's a growing need for more companies to secure assurance on a wider range of ESG data, an important step in fostering trust and accountability within the sector. Let's continue championing transparency and sustainability in mining! #ESG #Sustainability #Mining #PDAC2024

Navigating Changes in ESG Focus within the Mining Industry The mining sector is witnessing a shift in its approach to ESG commitments. Glencore CEO, Gary Nagle, recently highlighted the evolving investor attitudes towards ESG issues, noting a decrease in pressure over the past year. This shift is underscored by Glencore's decision to maintain its profitable coal business, a move strongly supported by the majority of its shareholders. This decision is strategic, not just for ensuring profitability but also for funding critical projects centered on transition metals like copper, which are essential for the energy transition. While the broader industry continues to explore low-carbon initiatives, there is a heightened focus on the competitiveness and financial viability of these investments. Glencore emphasizes that keeping its coal division is part of a responsible strategy for the phased decline of thermal coal. This approach supports the infrastructure necessary for the energy transition, particularly through the production of steelmaking coal. This recalibration reflects the complex balance that companies must navigate. They face the dual challenge of reducing emissions while leveraging the robust profits that traditional energy sources continue to offer. The evolving ESG landscape illustrates the intricate balancing act companies must manage between sustainable practices and economic performance. #sustainability #miningindustry #esginvesting #energytransition #corporatestrategy https://lnkd.in/dW6w_qS9

Utilising ESG frameworks can revolutionise the design of new business processes, ensuring sustainability is at the core of innovation. #esg #mining #sustainability #businessInnovation

How to integrate #sustainability standards into the #mining industry of the future ⛏️ Sustainability will be a game changer for the mining industry. Curious to know how mining companies can profit from integrating mining standards into their day-to-day business? With the global spotlight on sustainability, mining companies are feeling the pressure to innovate and adapt. The real question is no longer if, but how quickly and effectively #ESG (environmental, social, governance) goals can be woven into every level of operations. The recent launch of the Global Reporting Initiative's (GRI) implementation guidelines and the Taskforce on Nature-related Financial Disclosures' (TNFD) sector-specific disclosure frameworks are important milestones for the mining industry. 👉🏻 Read more about DMT GROUP´s consulting services on ESG and the latest standards in sustainable mining here: https://lnkd.in/eYDdd6af Want to join the sustainability revolution in mining? Dive into the details and let's start a conversation about how we can make mining greener and more responsible. Contact DMT GROUP´s sustainability lead Daria Goncharova to learn more about how you can adopt mining standards into your business on the road towards sustainable mining.