Global shifts are rapidly changing societal values and affecting the expectations of investors, regulators, and communities toward mining companies around environmental, social, and governance (ESG) issues.
- Investors are putting pressure on companies to set and meet sustainability targets
- Regulators are requiring companies to include ESG policies and goals in their operating procedures and reports
- Communities are demanding a higher degree of accountability around ESG guidelines and regulations
While many mining companies have started the transformation toward more sustainable mining practices with high-level corporate KPIs, there is still work to do to translate these targets into on-the-ground business practices.