ESG and Mining

This training course helps trainees understand what is meant by Environment, Social and Governance (ESG), also known as Sustainability, what it means for them, why it is important to mining and how they can manage it within their own organizations.

A vast array of ESG frameworks, principles, goals, standards, and metrics have been designed to support mining companies and their teams operate in a sustainable manner. This course will help trainees to understand which frameworks are relevant to their organization. It will also help trainees manage ESG within their own organizations, by using integrated risk management to include ESG into everyday decision making. Also covered will be how to monitor and disclose ESG effectively to stakeholders, and how to embrace the upside of ESG as a competitive differentiator.

Embracing ESG as part of a strategy is important because different stakeholders are aligning around ESG now, not only consumers but also investors and insurers. Rapidly changing expectations of your stakeholders means mining needs to prove it can operate responsibly by managing ESG. For example, the energy transition from non-renewables to renewables requires mining to be done in a responsible way. The downside consequences of ignoring ESG outweigh the upside of embracing it.

Up-to-date mining case studies will be used to explore currents trends within ESG and Mining. Practical tools and techniques will be applied to understand how we can learn lessons from case studies to improve the management of ESG and demonstrate this to stakeholders.

By the end of the course students will learn:

What is meant by ESG and how does it apply to them specifically;
Which ESG frameworks and principles have been established for responsible mining, and how this feeds into the circular economy;
How different stakeholders have differing ESG expectations, across the entire mining value chain;
How they manage ESG within mining in a practical way, integrating this into the core decision making of the organization using enterprise risk management;
How this approach improves governance regarding decision making and expectations placed on the board externally;
How to effectively demonstrate they are mining responsibly by aligning to standards / frameworks / principles;
What technologies can support ESG management and influence groups that can help e.g., the impact investing communities; and
Reporting and communicating on ESG – how to tell their story without “greenwashing”.