According to a 2016 study published by the UN, Africa is one of the most biodiverse regions on Earth, hosting a quarter of global biodiversity. However, biodiversity rates on the continent are declining and this could accelerate as Africa continues to invest in infrastructure in pursuit of economic development.
ESG and Sustainable Business - risks and opportunities for mining
Against the backdrop of efforts to decarbonize the global economy, the mining industry is as relevant today as it ever has been in its long history. But it is facing ever more complex operational challenges and mounting pressure from stakeholders. The industry will play a pivotal role in the energy transition, providing commodities that will help solve some of the planet’s most pressing environmental issues.
Mining companies, investors and customers will be called upon to address some of the everyday risks that are realities in the industry and face increasing pressures to create real-world positive social impacts. In these articles, we explore a range of risks that will be of interest to different stakeholders within the mining industry, from security managers charged with developing responsible security programmes, to investors considering environmental risks and mine operators trying to maximise positive social impacts.
A key challenge in any ESG or sustainability practice is ensuring that corporate and on-the-ground teams are aligned, operating towards a common vision.
As stakeholder pressures and government expectations grow, mining operators increasingly require a more ambitious approach to sustainability and social impact.