The metals and mining industry has long been a focus for governments, NGOs, industry bodies and wider society concerned by the environmental and social impacts of the extractive sectors. Over recent years, these concerns have led to the introduction of wide-reaching and robust ESG-focused regulations, codes, and principles that mining companies are now obliged and expected to observe, requiring enhanced reporting, the introduction of best practices and procedures and, increasingly, the need to demonstrate that ESG considerations are factored into strategic decision-making. At the same time, institutional and other large investors are taking a greater interest in a company’s ESG performance and taking this into account in their investment decisions, in some cases actively excluding from their investment portfolios mining and other extractive companies that do not live up to ESG expectations.
This Guide provides an overview of certain key considerations for miners with respect to ESG compliance and discusses some practical steps to help companies manage their ESG risks.
You can download the Guide here.