Sustainable Mining - great study from the Columbia Center for Sustainable Development
Dear all,
this is a great study and initiative developed by the World Economic Forum , United Nations Development Programme (UNDP), UN Sustainable Development Solutions Network (SDSN), and the Columbia Center on Sustainable Investment (CCSI) .
The whole study was presented during an workshop last week and the final report will be ready in a few months. As soon as I get the final version I will Also share with you.
Enjoy Reading!
Flavia
Download here the whole executive summary:
"What are the SDGs and why are they important to mining and metals?
The Sustainable Development Goals (SDGs or Goals) represent the post-2015 global development agenda – the "globally accepted and practical definition of sustainable development."1 The 17 Goals, agreed upon by the heads of all 193 UN member states in September 2015, cover all aspects of life, apply to all countries (not just developing nations), and are informed by the largest public consultation in history, including the 7 million responses to the United Nations’ global My World survey.
The SDGs, because of their global scope and ambition, will not be achieved without the active participation of the private sector. According to the UN Global Compact, "The SDGs hold the potential to guide companies in their long term investments, strategic prioritization and goal setting. Whereas all SDGs may not be relevant to every company, there is a strong and proven business case for companies to contribute to the realization of each SDG."2
This is especially true for the mining and metals sector. Large-scale mining is a global industry, with 6,000 companies employing 2.5 million people.3 Mining is often located in remote and less-developed areas, where it is capable of infusing jobs and innovation, and bringing investment and infrastructure at a game-changing scale over long time horizons. According to the International Council on Mining and Metals (ICMM), in low- and middle-income countries, mining regularly comprises 60-90% of total foreign direct investment (FDI), 30-60% of total exports, 3-20% of government revenues, 3-10% of national income, and 1-2% of total employment.4
In addition, the products of mining are essential to all aspects of life, contributing to the health, well-being, and development of society. Combined with the capability to mobilize physical, technological, and financial resources required for sustainable development, it is clear that mining and metals have an important role to play in the SDG agenda. However, mining has also at times contributed to many of the problems that the SDGs are trying to address – environmental degradation, displacement of populations, worsening economic and social inequality, armed conflicts, gender-based violence, transfer mispricing, and increased risk for many health problems, to name but a few. These are some of the most important global challenges of our time, and the SDGs provide a consensus-based global architecture that the mining industry can use to address them, through assessing its efforts, aligning its actions, forming its partnerships, and leading the private sector in many areas of sustainable development.
What is th Atlas?
The Atlas was developed to help the mining industry navigate where its activities – from exploration, through production, and eventually mine closure – can contribute to the achievement of the SDGs. It is a preliminary analysis of the intersections and relationships between the mining sector and the SDGs, and aims to facilitate three things:
- Understanding of how the SDGs and the mining sector relate to one another
- Awareness-raising of opportunities and challenges that the SDGs pose to the mining industry and its stakeholders and how the industry might possibly address them
- Multistakeholder dialogue and partnerships towards the achievement of the SDGs
The Atlas is a collection of diagrams, or conceptual maps, showing relationships between mining and the SDGs. The maps are based on desk research and interviews of over 60 global experts from industry, civil society, governments, academia, international organizations, and financial institutions, conducted between June and August 2015. The challenges and opportunities that each Goal presents for the industry are explored briefly, and case studies illustrate how some mining companies and their development partners are already working together.
While mining companies are the primary audience for the Atlas, multistakeholder partnerships are critical to the success of the SDGs. The Atlas provides a framework for mining companies and other stakeholders to review current activities and strategies and their alignment with the SDGs, to support planning and resource allocation, to scope out potential investment opportunities, and to identify other opportunities for partnerships."