Climate Change Data

SRK Consulting

Climate Impact & Sustainability Data (2020)

Reporting Period: 2020

Environmental Metrics

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Climate Goals & Targets

Environmental Challenges

  • Data-disclosure exasperation; mining companies inundated with data requests.
  • Greenwashing and unusable data; stakeholders want impacts and risks defined frankly, coupled with evidence of action taken to address these, and data that facilitates comparison between companies.
  • Mass of legislation and complexity of permitting have increased in most jurisdictions. Consequences of regulatory breaches are extending beyond fines to suspensions of operations or rescinding of permits.
Mitigation Strategies
  • Standard setters are working hard to help. There has been an explosion of new standards and more are in the making.
  • Mining companies are piloting the new standards and frameworks, evaluating and polishing their performance, before external validation becomes the norm.
  • New compliance enforcement tools are motivating more careful attention to commitments made and conditions incurred in permitting processes, coupled with better tracking of conformance with these.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Guiding Principles on Business and Human Rights, UN Sustainable Development Goals