Mining's Forgotten 'S': Decarbonisation and ESG
The push for decarbonisation has kept the environmental aspect of ESG in focus, but mining companies are neglecting social considerations.
ESG, which stands for environmental, social, and governance, was a key topic in the early 2020s, but its hype has faded, leaving its substance open to scrutiny.
Analysis by GlobalData reveals a disparity between the three parts of the ESG strategy, with "environment" mentioned 154,301 times, "governance" mentioned 121,834 times, and "social" mentioned only 59,449 times in mining companies' filings in 2021.
The gold standard of business intelligence.
Author's summary: Mining companies overlook social aspect of ESG.
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