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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

Very important standard to have in mind for all stakeholders belonging to the mining sector.

Just in time! GRI 14: Mining Sector 2024 will illuminate how mining organizations are balancing two conflicting truths: the essential nature of their role in providing the minerals that modern societies rely on; and the need for accountability on the harm their operations can cause to the environment, communities and workers.

Launched in February, 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 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://ow.ly/own550QPqt9 #GRIStandards #sustainabilityreporting

DCAF welcomes the launch of the Global Reporting Initiative Mining Sector Standard! For the first time, the #GRI prominently centers disclosures on conflict prevention, responsible security and #humanrights enabling mining companies to meet their #sustainability reporting obligations and monitor their impacts on local populations when they operate in conflict affected and high-risk areas. Read more about the new standard: https://bit.ly/49434BG #SecurityHumanRights #BizHumanRights #sustainabilityreporting #ESG International Committee of the Red Cross - ICRC

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

The first global reporting standard to comprehensively address the sustainability impacts of the mining sector, 𝐆𝐑𝐈 𝟏𝟒: 𝐌𝐢𝐧𝐢𝐧𝐠 𝐒𝐞𝐜𝐭𝐨𝐫 𝟐𝟎𝟐𝟒, is now accessible. 1)This Standard meets the demands for transparency from a wide range of stakeholders and provides a universal set of metrics for all mining companies to report their impacts. 2)As part of Global Reporting Initiative (GRI)'s Sector Standard series, the Mining Standard is the fourth edition and has been prioritized based on its significant environmental, economic, and social impacts. 3) Each Sector Standard outlines the sustainability context for a specific sector and identifies the most relevant material topics based on its impacts. 4)In the case of the Mining Standard, it focuses on these impactful areas and presents 𝟐𝟓 𝐦𝐚𝐭𝐞𝐫𝐢𝐚𝐥 𝐭𝐨𝐩𝐢𝐜𝐬 for reporting. 5) Furthermore, it introduces a 𝐬𝐢𝐭𝐞-𝐥𝐞𝐯𝐞𝐥 𝐭𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐦𝐞𝐜𝐡𝐚𝐧𝐢𝐬𝐦 to assess and evaluate local impacts and risks associated with specific minerals. 6) With policymakers and regulators increasingly emphasizing responsible mineral supply for the low-carbon transition, the GRI Mining Standard will assist companies in meeting disclosure and due diligence requirements while enabling stakeholders to gain a comprehensive understanding of impacts, compare across commodities and companies, and track progress over time. #gri #reporting #sdgs2030 #sustainability #sustainabledevelopment #miningindustry #sustainabilityreporting #standards

Global Reporting Initiative (GRI) has published the GRI Mining Standard addressing 24 likely material topics for the industry, including #biodiversity, #emissions, economic value, #community impacts, labour relations and many more..... Get in touch if you need help implementing the standards in your sustainability reporting. https://lnkd.in/dWdCzBXV #gri #esg #sustainabilityreporting #miningindustry