Leading mining companies are successfully integrating sustainability into their overall strategies by:
- Building trust with their key stakeholders through balanced reporting on their activities
- Actively managing their risks
- Maximising the positive effects of their operations
- Embracing a growing body of international best practice on non-financial matters
There has also been an increase in the regulation of the mining industry in relation to issues such as:
- Local economic development
- Beneficiation (specifically in South Africa)
- Environmental management
- Climate change strategies
Sustainable development practices have the potential to leave a legacy of positive impact long after the life cycle of a mine has ended. Financial markets also are increasingly assigning a greater value to effective risk management of non-financial issues.
How PricewaterhouseCoopers can help you
Our sustainable business solutions team works with mining companies across the world to align corporate governance and non-financial management including operating systems and processes, performance reports and mechanisms to meet the needs and expectations of stakeholders. Solutions include:
- Sustainability strategy development (e.g. responding to regulatory requirements)
- Stakeholder engagement (e.g. analysts, host communities, NGO’s)
- Country risk assessments (including human rights)
- Certification (ISO 14001, 9001)
- Performance benchmarking
- Evaluation of environmental risks and liabilities
- Environmental liability audits and due diligence engagements
- Climate change (including climate change strategies and emission trading advice)
- Non-financial report assurance
- Non-financial annual report development
