ESG

A grades for some miners on environmental disclosure

Several miners have received A grades for their environmental transparency and action, based on their annual disclosure through non-profit organisation CDP’s climate change, forests and water security questionnaires.

Staff reporter
 Tailings management at Harmony Gold Mining’s Hidden Valley operations in PNG

Tailings management at Harmony Gold Mining’s Hidden Valley operations in PNG

South Africa-based Anglo American Platinum stood out, receiving an A for both climate change and water security.

India's Hindustan Zinc also scored an A for climate change.

Vale SA, Germany's Aurubis, Sibanye-Stillwater, Petra Diamonds and Newmont all gained an A- for climate change.

In terms of water security, Gold Fields and Impala Platinum also received As, while Vale and Harmony Gold Mining both received A-.

Japan's Sumitomo Metal Mining and South Africa's Kumba Iron Ore both received Bs for both water security and climate change.

BHP, Lundin Mining, Eramet, Impala, Fresnillo and Rio Tinto all received Bs for climate change.

Miners given Bs for water security were Barrick Gold, K+S, Hindustan Zinc, Sumitomo, Kumba, Centamin and Newmont.

Harmony said it was pleased to maintain its CDP A-rating for water management in 2020.

The company said it didn't participate in the climate element of the CDP, as it had transitioned to the Task Force on Climate-related Financial Disclosure (TCFD) for the first time in 2020.

"We are thrilled with our continued inclusion in the CDP," CEO Peter Steenkamp said.

"ESG is important for Harmony's long-term business value-creation."

CDP said last week a record-breaking plus-9,600 companies disclosed this year, a 70% increase since the Paris Agreement was signed in 2015 and 14% more than last year.

"CDP data shows growing environmental awareness among the business world in 2020, which is hugely positive considering the unprecedented challenges business and society have faced this year," the organisation's global director of corporations and supply chains Dexter Galvin said.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.

editions

Mining Journal Intelligence Global Leadership Report 2023: Social licence

Gain insights into social licence trends and best practices from interviews with 20+ top mining company executives and an industrywide survey.