Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Sustainability
• Social Responsibility
• Governance

Climate Goals & Targets

Environmental Challenges

• Negative environmental and social impacts of mining, particularly affecting indigenous communities.
• High number of publicly reported environmental and human rights abuses at mine sites in LAC.
• Community protests and social unrest due to mining activities.
• Uneven adherence to ESG standards and reporting among mining companies in LAC.
• Policy uncertainty and resource nationalization deterring investment.
• Limited access to technology and skills.
• Increased anti-mining protests and social unrest.

Mitigation Strategies

• Adherence to high ESG standards and benefiting local communities.
• Preventing, mitigating, and restoring adverse environmental impacts.
• Initiatives by global mining industry (TSM, IRMA, Copper Mark, ICMM) to promote sustainable practices.
• Support from international organizations (World Bank, IFC, EU-Latin America Partnership) for sustainable mining.
• Initiatives by mining countries to set clear regulations, ensure compliance, and engage with local communities.
• Chile's 2050 National Mining Policy (includes targets to reduce water use, eliminate tailings, use renewable energy, and generate a positive net impact on biodiversity).

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Natural disasters (heavy rainfall, tailings dam collapses)

Transition Risks

• Policy uncertainty, resource nationalization

Opportunities

• Meeting global demand for critical minerals for the energy transition

Reporting Standards

Frameworks Used: Towards Sustainable Mining (TSM), Initiative for Responsible Mining Assurance (IRMA), Copper Mark, International Council on Mining and Metals (ICMM)