What is ESG and what does it mean for the minerals industry?
Over the past five years Environmental, Social and Governance, or ESG, is a term that has become increasingly prevalent across the extractive sectors.
Much of the conversation surrounding ESG until this point has been focused on GHG emissions and climate change. Whilst these continue to remain vital components, other aspects of ESG are now acknowledged as equal contenders. Below, the Wardell Armstrong International (WAI) team summarises its key thoughts on what ESG actually means in the context of the mining industry. Let’s break it down: