https://www.miningweekly.com
Africa|Business|Design|Efficiency|Energy|Gas|Gold|Innovation|Mining|Projects|Renewable Energy|Renewable-Energy|Risk Management|Sustainable|Systems|Technology|Water|Products|Solutions|Environmental
Africa|Business|Design|Efficiency|Energy|Gas|Gold|Innovation|Mining|Projects|Renewable Energy|Renewable-Energy|Risk Management|Sustainable|Systems|Technology|Water|Products|Solutions|Environmental
africa|business|design|efficiency|energy|gas|gold|innovation|mining|projects|renewable-energy|renewable-energy-company|risk-management|sustainable|systems|technology|water|products|solutions|environmental

World’s top mining companies committed to climate change solutions – ICMM

International Council on Mining and Metals  CEO Tom Butler

International Council on Mining and Metals CEO Tom Butler

13th May 2020

By: Martin Creamer

Creamer Media Editor

     

Font size: - +

JOHANNESBURG (miningweekly.com) – Twenty seven of the world's leading mining and metals companies and 36 associations are committed to climate change solutions through their membership of the International Council on Mining and Metals (ICMM), Mining Weekly can today report.

The ICMM is an international organisation dedicated to a safe, fair and sustainable mining and metals industry and through the organisation’s climate change position statement, all members commit themselves to reducing emissions and supporting a low carbon future.

“Our company members understand the urgent need for a global response to the threat of climate change and our mining principles, alongside our position statement on climate change, clearly articulate their commitments,” ICMM CEO Tom Butler stated in a written response to Mining Weekly.

Among the top mining company members are South Africa’s African Rainbow Minerals, Anglo American, AngloGold Ashanti, Barrick, Glencore, Gold Fields, Sibanye-Stillwater, BHP, Rio Tinto, Newmont, Vale, Newcrest and South32 and all members are required to implement the ICMM’s mining principles as a condition of membership.

ICMM’s mining principles define good practice environmental, social and governance requirements for the mining and metals industry and the organisation’s four principles relevant to climate change are:

  • implement effective risk-management strategies and systems based on sound science and which account for stakeholder perceptions of risks;
  • pursue continual improvement in environmental performance issues, such as water stewardship, energy use and climate change;
  • facilitate and support the knowledge-base and systems for responsible design, use, re-use, recycling and disposal of products containing metals and minerals; and
  • proactively engage key stakeholders on sustainable development challenges and opportunities in an open and transparent manner. Effectively report and independently verify progress and performance.

ICMM’s climate change position statement also commits company members to:

  • implement governance and disclosure processes to ensure that climate change risks and opportunities are considered in business decision-making;
  • engage with host communities on shared climate change risks and opportunities, and help communities understand how they can better adapt to the physical impacts of climate change;
  • disclose Scope 1 and 2 greenhouse gas emissions on an annual basis and set emissions reduction targets at a corporate level;
  • support efforts to mitigate greenhouse gas emissions, in collaboration with peers, by promoting innovation, developing and deploying low emissions technology, and implementing projects that improve energy efficiency and incorporate renewable energy supply in the energy mix;
  • support predictable long-term carbon pricing and other market mechanisms with the potential to incentivise innovation and deliver the least cost pathways to emissions reductions; and
  • engage with external parties to determine a preferred approach to reporting Scope 3 emissions.

“We serve as a catalyst for change; enhancing mining’s contribution to society,” ICMM states on its website.

It adds that the mining and metals sector has extraordinary potential to contribute to social and economic development, especially where good policy and governance frameworks are in place.

“It can transform the lives of employees, their families and communities for the better. Realising mining’s full potential contribution to sustainable economic and social progress requires collaborative action between government, companies, and civil society,” the website states.

Edited by Creamer Media Reporter

Comments

Showroom

Showroom image
Alcohol Breathalysers

Supplier & Distributor of the Widest Range of Accurate & Easy-to-Use Alcohol Breathalysers

VISIT SHOWROOM 
Flameblock
Flameblock

FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Hyphen, Eva mine, ferrochrome price make headlines
Hyphen, Eva mine, ferrochrome price make headlines
27th March 2024
Resources Watch
Resources Watch
27th March 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.148 0.183s - 109pq - 2rq
Subscribe Now