Climate Change Data

Environmental Metrics

ESG Focus Areas

• Economic
• Environmental
• Social
• Governance

Climate Goals & Targets

Environmental Challenges

• Overdependence on Chinese capital with low ESG expectations.
• Huge financing gap for sustainable mining and metallurgy.
• Value addition is not realized due to lack of facilities, energy, water, and equitable trade deals.
• Decarbonization of energy sectors is needed.
• Lack of circularity in mining and mineral processing.
• Remining faces technical and contamination challenges.
• Critical minerals value chains are vulnerable to corruption and organized crime.
• Lack of standardization in ESG reporting.
• Environmental and human rights due diligence (EHRDD) is not universally applied.
• Lack of access to remedy for affected stakeholders.
• Land acquisition, forced resettlement, and displacement of Indigenous Peoples and Local Communities.
• Lack of Free, Prior, and Informed Consent (FPIC).
• Challenges in formalizing Artisanal and Small-scale Mining (ASM).
• Inequitable benefit sharing agreements.
• Gender-based violence and lack of women's rights in mining.
• Lack of protections for environmental and human rights defenders.
• Occupational health and safety risks.
• Pollution of air, water, and soil.
• Biodiversity loss.

Mitigation Strategies

• Growing investor pressure for higher sustainability performance.
• Campaign for investors to place greater value on ESG performance.
• Tackling the finance gap for more sustainable mining and metallurgy.
• Campaign for investors to adopt stringent human rights and environmental requirements.
• Publicizing leading practices in ESG performance.
• Funding research and development for green premiums.
• Campaign for adoption of affordable mineral traceability solutions.
• Addressing the ESG deficit in exploration.
• Addressing the finance gap for more sustainable mining and metallurgy.
• Campaign for investors to adopt stringent human rights and environmental requirements.
• Promoting EHRDD of clean energy development.
• Pushing sufficiency measures for product consumption.
• Supporting global efforts to tackle barriers to scaling recycling.
• Advocating for greater circularity in mining and mineral processing.
• Exploring the potential of remining.
• Collaborating with the OECD, NRGI, and EITI to build a global campaign to tackle corruption.
• Promoting corruption monitoring and reporting.
• Supporting NGO and IPLC participation in the Consolidated Mining Standard Initiative.
• Working with IRMA to support peer-to-peer learning.
• Helping the OECD find funding to build a practice in environmental due diligence.
• Promoting the adoption and strengthening of mechanisms that allow multinational enterprises to be held accountable for violations occurring overseas.
• Strengthening access to remedy for victims of human rights and environmental harms.
• Strengthening advocacy for the implementation of UNDRIP.
• Developing a tool for monitoring changes in ASM of transition minerals.
• Supporting initiatives that are pioneering new ownership structures and economic models.
• Supporting women’s economic empowerment within mining companies.
• Improving protections for environmental and human rights defenders.
• Expanding the attention given to OSH.
• Improving access to healthcare by affected communities.
• Advocating for the assignation of rights of Nature and enactment of Ecocide law.

Supply Chain Management

Climate-Related Risks & Opportunities