![]() Governments play an important role in promoting improvements in environmental and social performance. Challenges are more substantial where regulatory safeguards are inadequate, and where systemic issues such as labour informality, weak fiscal capacity and high inequalities are persistent, such as in artisanal and small-scale mining (ASM). ![]() However, performance varies significantly among industry actors, with some segments showing limited effort and more progress being needed across the board. The adoption of corporate responsibility policies and processes at company level and via industry-wide initiatives has led to improvements throughout mineral supply chains. Failure to respond to these social demands could not only undermine reputation, but also lead to difficulties in raising capital or even to legal liability.Ĭompanies have increasingly implemented responsible practices over the years. Consumers and investors are increasingly demanding that companies take these issues seriously. It is therefore imperative for both companies and governments to manage the environmental and social impacts of mineral production.Ĭompanies have a clear business case to address these harms to reduce risk and maintain a social license to operate. In addition, these risks may lead to supply disruption, which could slow the pace of clean energy transitions. ![]() Social impacts stemming from corruption and misuse of government resources, fatalities and injuries to workers and members of the public, human rights abuses including child labour and unequal impacts on women and girls.Environmental impacts, including biodiversity loss and social disruption due to land use change, water depletion and pollution, waste related contamination, and air pollution.Significant greenhouse gas (GHG) emissions arising from energy-intensive mining and processing activities.However, if poorly managed, mineral development can lead to a myriad of negative consequences, including: ![]() Mineral wealth can, if exploited responsibly, contribute to public revenue and provide economic livelihoods for many. ![]() The growth of minerals supply not only plays a vital role in enabling clean energy transitions, but also holds great promise to lift some of the world’s poorest people out of poverty. ![]()
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