Global mining giants blamed for one-sided sustainability reporting, new study says
A report by the Responsible Mining Foundation (RMF) said that the one-sided reporting failed to present stakeholders with a true picture of the challenges the mining sector faces in its support of the SDGs.
RMF chief executive Hé* ène Piaget said: “The SDGs provide a valuable societal framework for reporting and action on economic, social and environmental concerns, but an unbalanced emphasis on the ‘good’ that companies do may obscure the negative impacts, be they inherent or unintentional, that may impede the achievement of the SDG goals.”
The foundation studied the economic, environmental, social and governance policies and practices of 38 of the world’s biggest large-scale mining companies that operate in more than 780 mine sites and together account for 28percent of the world’s mining activity by value.
It found that Anglo American plc scored the strongest on all categories because of its establishment of formalised commitments and company-wide systems.
Source: iol.co.za
