According to the analysis, the issue is deemed the “least important” social priority for mining companies over the next two years.
On the other hand, the top three most important issues are energy efficiency, air and water pollution and waste management.
Tackling climate change and biodiversity loss comes later on the list of ESG factors for many mining businesses.
“Mining is critical to the energy transition. But businesses must put a solid ESG strategy at the centre of everything they do, in order to attract new pools of capital for the sector and turn the tide on low levels of investment,” the report reads. “Without an ESG strategy, mining firms will be hard-pressed to secure funding and shareholder confidence, and talented mining professionals are unlikely to want to work for such businesses.”
ESG drivers
The survey of mining professionals from 29 countries suggests that although ESG has become a key discipline…
