Will Eustace’s Post

GRI Launches Sustainability Reporting Standard for Mining Sector - ESG Today https://hubs.ly/Q02kzGQG0 Reporting standards will be a topic of discussion at Resourcing Tomorrow 2024, secure your place here: https://hubs.ly/Q02kzX_T0 #ResourcingTomorrow #MinesandMoney #Resources

Good for the mining sector to do this!

"The GRI’s new mining standard addresses 25 topics that are likely material for companies in the sector, covering critical themes including emissions, waste, human rights to land, resource rights, climate change, child labor, anti-corruption and community engagement... " The question remains: Do companies possess or are they open to implementing robust internal controls to ensure the accuracy, completeness, and reliability of disclosed information?" BGA Valued Consulting Inc. #esg #esgreporting #sustainabilityreporting #miningindustry #mining

❓ Are all the environmental metrics still relevant in sustainable mining? 📢 mining companies are more driven by financial performance rather than environmental goals and can do little to change the environmental profile of their mines. 👉 Find out more in our recent dialogue with IGO,  a nickel and lithium mining company based in WA.  https://lnkd.in/gP2p_gRZ #esg#sustainablemining#igo#nickel#lithium

"The new standard, GRI 14: Mining Sector 2024": https://lnkd.in/e6Ru4eUw -"The GRI said that the #standard was developed by an independent group of stakeholders across businesses, investors, labor groups, civil society & mediating institutions, & incorporated expectations from #responsible #mining #guidance and relevant #standards, with #inputs from #ExtractiveIndustries Transparency Initiative (#EITI), Initiative for Responsible #Mining #Assurance (#IRMA), International Council on Mining and #Metals (#ICMM), Copper Mark, the #OECD, and Global Industry Standard on Tailings Management (#GISTM)." "#GRIGlobalReportingInitiative Launches #Sustainability #Reporting #standards for #MiningSector"- #ESG today #standardization #SGDs #mining #minerals #transparency #impacts #stakeholders #investors #assetmanagement #riskmanagement

The Global Reporting Initiative (GRI) has released GRI 14: Mining Sector 2024, a sector standard for #Mining which comes into effect on January 1, 2026. This gives mining companies a little under 1.5 years to navigate the new standard and time to prepare, collect, and analyze their mining site data. In this article SLR experts Laura Burroughs, Sarah Bortz and Tom Patterson help answer some of the most important questions facing mining companies today – Who does the standard apply to? What are the requirements companies will be required to follow? How can companies prepare for the standard requirements? SLR Consulting is uniquely suited to support mining companies in navigating the new standard, with technical, social impact, and ESG reporting experts across the globe.  Click here to read the full article: https://lnkd.in/dZgbucxu #GRI14 #MiningStandards #SustainableMining #SLRInsights

Canada is leading the way in sustainable mining practices, with nearly half of the world's publicly listed mining and mineral exploration companies calling it home. As a global leader in Environmental, Social and Governance (ESG) standards for mining, Canada is setting the bar for responsible mining practices. To learn more about Canada's commitment to sustainable mining, check out the article below. https://lnkd.in/dNVCgHQq #miningtechnology #miningindustry #mining #esgstrategy #bradwtaylor Mining Technology & MINE Magazine

According to the World Bank, mining is responsible for 4-7% of global greenhouse gas emissions and up to 80% of biodiversity loss in some regions! The mining industry has evolved rapidly, as evidenced by the increase in market capitalization of the top 40 mining companies. The time to act for mining companies is now to drive positive environmental and social outcomes while ensuring long-term business success. Read our latest article that shines a light on sustainable mining and how the industry can move forward using a collaborative approach: https://loom.ly/qORnfxg #sustainablemining #supplychainmanagement #achilles

The GRI 14 for #mining arrives at a critical time! As the demand for minerals grows in our low-carbon economy, so does the scrutiny on how these resources are extracted. The reporting standard offers a way forward for mining companies to demonstrate their commitment to responsible practices and to distinguish themselves in a competitive global market. It can also help contribute to the sector’s long-term resilience and success. Mining companies should aim for an early adoption of #GRI14 to reap a competitive edge. It signals to investors, regulators, and the community at large - the firm’s commitment to transparency and #sustainability. The proactive approach not only enhances a company's reputation but also positions it as a leader in sustainable mining practices. Read more about the sustainability reporting standard here: https://lnkd.in/eqa6-XmK TSC has a decade of experience in providing stakeholder and issues management in the mining industry. Our approach integrates advanced AI to accurately identify stakeholders and facilitates proactive issue management for organizations. The system excels in materiality monitoring, capturing topic velocity and tracking developments from global to local scales. It analyzes signals and sentiment across a vast array of data streams, including media, web, social networks, corporate communications, academic research, and government publications. This comprehensive monitoring allows for effective anticipation and management of potential issues before they escalate. Discover how our solutions can aid you with the changes in compliance: tsc.ai

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.