Responsible Gold ’s Post

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

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

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 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

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

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

🛑 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 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

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

The Australian Government is leading the way in promoting sustainable practices in critical minerals mining. Environmental, social, and governance (ESG) standards are being pushed to ensure net-zero emissions. https://lnkd.in/g5885BXv #mineaustralia #miningtechnology #esg #australianmining #mining #criticalminerals #bradwtaylor