Mining's Forgotten 'S': Decarbonisation and ESG
The push for decarbonisation has focused attention on the 'E' in ESG, but mining companies are neglecting social considerations.
ESG strategies, encompassing environmental, social, and governance aspects, were a key topic in the early 2020s, but the hype has faded, leaving the substance open to scrutiny.
- Analysis by GlobalData reveals a disparity between the three parts of the ESG strategy.
- In 2021, 'environment' was mentioned 154,301 times in mining companies' filings.
- 'Governance' appeared 121,834 times, while 'social' appeared fewer than half that number, at 59,449.
The gold standard of business intelligence.
Author's summary: Mining companies overlook social aspects of ESG.
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