BMO drops anti-coal policy amid Wall Street rebuke of ESG
BMO Bank quietly dropped its policy restricting lending to the coal industry in late 2023, helping it avoid being labeled an energy “boycotter” in West Virginia.
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Visit: 45
BMO drops anti-coal policy amid Wall Street rebuke of ESG
BMO Bank quietly dropped its policy restricting lending to the coal industry in late 2023, helping it avoid being labeled an energy “boycotter” in West Virginia.
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Visit: 72
Raising capital now biggest risk to mining companies after ESG
Mining News Pro - Global mining and metals executives still view environment, social and governance (ESG) as the top risk facing their business over the next 12 months, but access to capital has now also become a major worry, according to a new report from EY.
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Visit: 169
BHP CEO calls for ‘small set’ of common ESG standards
Mining News Pro - Miner BHP Group’s CEO on Thursday called for the introduction of a “small set of common standards” against which the mining industry can measure performance and access capital.
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Visit: 147
Companies keep mum on ESG initiatives as ‘greenhushing’ takes off
Mining News Pro - When it comes to what big business is doing to address climate change, corporate leaders would rather not talk about it.
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Visit: 145
Good ESG practices lead to better operational, stock performance
Mining News Pro - We encounter the effects of climate change more and more every day. For example, in Turkey, we are experiencing a winter without snow on New Year’s Eve. Despite this, people still do not think about the consequences of their actions. Because when people do not experience climate impacts in their own lives, they either do not listen to warnings or do not accept them as real.
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Visit: 202
Mining’s top ten ‘S’ trends in ESG for 2023
Mining News Pro - To say 2022 was tumultuous is an understatement. War, inflation, climate disasters, market volatility: the past year was anything but business as usual for most. ESG, which had seemed firmly embedded in business, began to experience a backlash, facing criticism as a “woke capitalist” distraction. Yet, a recent Harvard study indicates 81% of institutional investors in the US and 83.6% in Europe plan to increase their ESG allocations over the next two years.
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Visit: 208
Predictions and protection: can software and data improve ESG in mining?
Mining News Pro - Giles Crosse investigates how a delicate combination of data and regulation could be vital for the future of the mining sector.
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Visit: 376
ESG, geopolitics ranked top risks for mining companies, EY survey shows
Mining News Pro - Global mining and metals executives view environment, social and governance (ESG), geopolitics and climate change as the top three risks facing their business over the next 12 months, according to this year’s ranking of the Top 10 business risks and opportunities for mining and metals in 2023 by EY.
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Visit: 519
Law firm behind $7 billion BHP suit gets more cash for ESG cases
Mining News Pro - A law firm bringing a $7 billion suit against BHP Group Ltd. over its role in the deadly collapse of a Brazilian mining dam has secured £100 million in extra funding to fight more such ESG cases.
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Visit: 514
If Tesla isn’t good enough for an ESG index, then who is?
Mining News Pro - Tesla Inc.’s removal this week from an industry benchmark index is raising new questions about what ESG actually means to investors.
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Visit: 1053
ESG to decide winners-losers in mining
Mining News Pro - Metal producers have to reinvent their relationship with communities in order to gain social licenses to grow output and feed the clean-energy transition, according to billionaire mining entrepreneur Robert Friedland.
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Visit: 430
Global miners rank ESG as their top concern
Mining News Pro - Environment, social and governance (ESG) issues are the top concern of global miners, knocking out commodity price risk for the first time, according to a new survey.
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Visit: 419
ESG-minded investors pile into coal stock, sparking 1,000% rally
Mining News Pro - Anglo American Plc’s spinoff, Thungela Resources Ltd., has emerged as the world’s best-performing major coal stock. It’s also one of the most profitable bets by a group of fund managers who’ve promised to reduce their financed greenhouse gas emissions.
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Visit: 529
New report reveals little ESG action at mine sites
Mining News Pro - There is still a big gap between corporate commitments and mine site action on critically important ESG issues, according to a new report from the Responsible Mining Foundation (RMF).
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Visit: 659
Why the mining industry’s boardrooms need to believe in ESG
Mining News Pro - The concept of environmental and social governance (ESG) has evolved from an acronym which caught on as a dialect of ‘sustainability’, to actions that are critical to the sustainable success of a mining company.
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Visit: 566
Element 25, Circulor partner to develop first ESG transparent manganese supply chain
Mining News Pro - Circulor Ltd announced Wednesday a partnership with Element 25 Limited (ASX:E25) to establish full manganese traceability and tracking of CO2 and environmental, social and governance (ESG) standards for products produced from Element 25’s Butcherbird project in Australia.
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Visit: 515
Mining’s top 10 ESG trends for 2022
Mining News Pro - 2021 was a big year for ESG. Extreme weather, pandemic ripple effects across healthcare, education, and the economy, the COP26 climate summit (and protests), and new sustainability legislation prompted calls for corporate action on a range of social and environmental topics. Long-time sustainability practitioners finally saw their field get more executive-level attention.
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Visit: 736
SQM ups ESG agenda with Standard for Responsible Mining audit
Mining News Pro - SQM, the world’s second-largest lithium miner, announced Wednesday the beginning of a third-party audit against the world’s most rigorous standard of best practices in environmental and social responsibility at industrial scale mines: the Initiative for Responsible Mining Assurance (IRMA)’s Standard for Responsible Mining.
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Visit: 679
World’s first school for holistic mining management incorporates ESG agenda
Mining News Pro - Demand for copper to fuel the green energy transition is forecast to average 13% annual growth over next 10 years, according to analysts. Arizona – which produces 74% of America’s copper – will soon be home to a new type of institution designed to shape the industry’s workforce for the future.
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Visit: 679
Broadening ESG has provided clear paths to economic benefit
Mining News Pro - Sustainability is not a function of compliance but rather a strategic imperative to change the role that mining plays in society and in economies, says Sibanye-Stillwater senior VP and head of sustainability Loyiso Ndlovu.
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Visit: 380
Botswana copper miner Khoemacau giving attention to ESG silver lining
Mining News Pro - Khoemacau Copper Mining of Botswana, which is ramping up to nameplate throughput of 3.65-million tonnes a year, is also giving attention to environmental, social and governance (ESG) matters that include considerable renewable energy generation and promising community development initiatives.
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Visit: 595
Alrosa takes actionable steps to ensure it meets ESG goals
Mining News Pro - Russian diamond miner Alrosa has published a three-year action plan for its comprehensive 2021 to 2025 Sustainability Programme.
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Visit: 694
Rio’s lithium project will test mining’s ESG credentials
Mining News Pro - Rio Tinto’s decision to invest $2.4 billion in developing the Jadar lithium mine in Serbia is big news.
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Visit: 673
Moody’s flags significant ESG risks to mining with new ratings
Mining News Pro - Ratings agency Moody’s has released new environmental, social and governance (ESG) issuer profile and credit impact scores for the global metals and mining sector, which could negatively impact companies lagging behind.
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Visit: 645