Sanjeev Kulkarni’s Post

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Sabi - Head of ESG & Sustainability

𝐃𝐞𝐬𝐭𝐢𝐠𝐦𝐚𝐭𝐢𝐳𝐢𝐧𝐠 𝐀𝐫𝐭𝐢𝐬𝐚𝐧𝐚𝐥 𝐚𝐧𝐝 𝐒𝐦𝐚𝐥𝐥-𝐒𝐜𝐚𝐥𝐞 𝐌𝐢𝐧𝐢𝐧𝐠 (𝐀𝐒𝐌) 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐏𝐥𝐚𝐭𝐟𝐨𝐫𝐦𝐬 𝐚𝐧𝐝 𝐔𝐍 𝐏𝐫𝐢𝐧𝐜𝐢𝐩𝐥𝐞𝐬 Artisanal and small-scale miners (ASMs) are often unfairly stigmatized by Hollywood portrayals, such as those seen in "Blood Diamond," which fail to reflect the complexities and potential of these essential players in the global supply chain. It’s time to change this narrative and ensure that responsible ASMs do not face unnecessary barriers to participating in OECD markets. 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐁2𝐁 platforms provide a powerful means to drive this change. Unlike current practices that are often opaque and exploitative, these platforms offer ASMs better market values by enhancing transparency, traceability, and providing direct access to a wider range of buyers. These are typically certified to #fairtrade, #fairmined, or equivalent standards. By using AI to analyse traceability data and financial transactions, these platforms can link sustainable actions to economic incentives, such as access to capital, buyback guarantees, better market rates, and modern technology tools. As highlighted in the 𝐔𝐍’𝐬 𝐧𝐞𝐰𝐥𝐲 𝐫𝐞𝐥𝐞𝐚𝐬𝐞𝐝 𝐩𝐮𝐛𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧, "𝘙𝘦𝘴𝘰𝘶𝘳𝘤𝘪𝘯𝘨 𝘵𝘩𝘦 𝘌𝘯𝘦𝘳𝘨𝘺 𝘛𝘳𝘢𝘯𝘴𝘪𝘵𝘪𝘰𝘯: 𝘗𝘳𝘪𝘯𝘤𝘪𝘱𝘭𝘦𝘴 𝘵𝘰 𝘎𝘶𝘪𝘥𝘦 𝘊𝘳𝘪𝘵𝘪𝘤𝘢𝘭 𝘌𝘯𝘦𝘳𝘨𝘺 𝘛𝘳𝘢𝘯𝘴𝘪𝘵𝘪𝘰𝘯 𝘔𝘪𝘯𝘦𝘳𝘢𝘭𝘴 𝘛𝘰𝘸𝘢𝘳𝘥𝘴 𝘌𝘲𝘶𝘪𝘵𝘺 𝘢𝘯𝘥 𝘑𝘶𝘴𝘵𝘪𝘤𝘦," digital platforms can empower ASMs to: • 𝐈𝐦𝐩𝐫𝐨𝐯𝐞 𝐘𝐢𝐞𝐥𝐝𝐬 𝐚𝐧𝐝 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐀𝐝𝐨𝐩𝐭𝐢𝐨𝐧: Promote sustainable mining practices that increase production efficiency by 10-25%. • 𝐀𝐜𝐡𝐢𝐞𝐯𝐞 𝐒𝐨𝐜𝐢𝐚𝐥 𝐚𝐧𝐝 𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬: Ensure fair wages, safer working conditions, and greater financial stability. • 𝐑𝐞𝐝𝐮𝐜𝐞 𝐄𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭𝐚𝐥 𝐈𝐦𝐩𝐚𝐜𝐭: Facilitate responsible sourcing and resource management, aligning with global climate goals. • 𝐁𝐮𝐢𝐥𝐝 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐭 𝐚𝐧𝐝 𝐈𝐧𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐌𝐚𝐫𝐤𝐞𝐭𝐬: Ensure all stakeholders are informed and empowered in the marketplace. By following the 7 𝐩𝐫𝐢𝐧𝐜𝐢𝐩𝐥𝐞𝐬 outlined by the UN, we can ensure that ASMs are not just part of the energy transition but active, respected participants in a more equitable and sustainable global supply chain. At #Sabi, we support this initiative by empowering the traders and aggregators working closely with ASMs mining critical minerals across West and South Africa. Through our 𝐓𝐑𝐀𝐂𝐄 𝐩𝐥𝐚𝐭𝐟𝐨𝐫𝐦, we provide end-to-end solutions for trading, logistics, finance, #traceability, and #sustainability. “By integrating ASMs into transparent digital supply chains, we are not only transforming markets but also breaking down the barriers that have long hindered their growth and sustainability. Sabi is proud to support our partners and miners in becoming vital contributors to the global #energytransition." — James Murray, Head of Critical Minerals, Sabi

Ganapathy Rajakesari

Sustainability | ESG | Climate Disclosure | Climate Change Action | EHS | ESMS | ESIA | CESMP | Environmental Compliance | Environmental Management | Ecosystem Services

6mo

Interesting. However, have a question - Mining can be quite impactful. How are ASMs able to manage the mitigation and monitoring measures? Both in terms of resources and economics.

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