In various contexts, social impacts of mining are assessed with different sets of indicators and targets. In this study we perform a review of the associated literature, identify a list of typical …
WhatsApp: +86 18221755073
for) each Principle, some sectors represent higher environmental and social risk and require greater scrutiny. Therefore, we have provided sector-specific guidance notes, to assist with the implementation of the Principles in these high-risk sectors. These notes draw upon the IFC Environmental, Health and Safety Industry Sector Guidelines and the
WhatsApp: +86 18221755073
ESG-W-RISK aims to support decision-makers by helping them identify the relevant water-related risk areas, and ultimately it can provide insights for developing country-level mitigation strategies. ESG-W-RISK was applied to Chile, a country with an important mining sector that faces relevant water-related challenges.
WhatsApp: +86 18221755073
Suppliers in countries and sectors with higher poverty and underdeveloped education systems may have increased risks of this. Sedex's Radar tool shows that the risk of child labour is higher in the agricultural sector …
WhatsApp: +86 18221755073
frequent social impacts occurring in the mining sectors. Therefore, the search was conducted through both commonly used web research en-gines and academic interdisciplinary databases including Scopus and Google Scholar. The key words used in the search were "social impacts mining" in the timeframe 2000–2017. We complemented this with
WhatsApp: +86 18221755073
Perspectives on Social Risk Assessment: - Business Perspective: - From a business standpoint, social risk assessment is about recognizing potential threats arising from interactions with various stakeholders. ... amplifies impact. The Extractive Industries Transparency Initiative (EITI) promotes transparency in the oil, gas, and mining sectors ...
WhatsApp: +86 18221755073
risks in the mining sector to include social risks, environmental risks and safety risks. ... mining sector-specific risk factors, we obser ved that the five risk factors listed above.
WhatsApp: +86 18221755073
When we think of the mining and metals industry, it's not often associated with the superfluous buzzwords linked to environmental, social and governance (ESG) practices. The industry itself contributes to roughly eight per cent of the global carbon footprint, and in many cases, has been a cause ...
WhatsApp: +86 18221755073
standard risk framework, and future-ready mining businesses are exploring new ways to identify and address changing exposures. • Natural catastrophes and geographical exposures are under the spotlight in regions such as Latin America and Australia. These factors are driving the mining sector and insurance markets to consider the next chapter in
WhatsApp: +86 18221755073
The mining sector has seen challenges with respect to access to water, as well as regulatory and social pressures related to water contamination and resource impacts. These factors influence current mining production and costs, and may pose risks for long term investments in the sector. This chapter summarizes the key findings of a 3
WhatsApp: +86 18221755073
As high-quality mineral deposits are thoroughly exploited, mines of the future will have to move towards more remote and lower quality projects. With these projects comes an increased business risk to the operator. Even now, mining companies often turn to foreign countries for new deposits to produce, introducing the concept of country risk into their …
WhatsApp: +86 18221755073
Common ESG risks include those related to climate change impact mitigation, environmental practices and duty of care. From a social and governance risk perspective, …
WhatsApp: +86 18221755073
women in particular sectors and roles due to various heightened risk factors. The Australian Human Rights Commission Respect@Work: Sexual Harassment National Enquiry Report2 highlighted a number of these risk factors and shone a light on the mining sector due to its isolated environments, male-dominated workforce, and hierarchical structures.
WhatsApp: +86 18221755073
The study's objective was to determine the prevalence of TB and associated risk factors among mining communities in Mererani, northern Tanzania. ... Noting the high prevalence of TB in the mining sector and its associated negative effects to the surrounding communities, ... As the miners interact with the GC in various social events on daily ...
WhatsApp: +86 18221755073
In environmental risk, we include factors such as inherent exposure to land and water use, manufacturing footprint, and packaging. Social risk, meanwhile, comprises factors including human capital and safety management. The Risk Atlas includes a final sector risk score on a scale of 1-6, with a score closer to 1 representing a relatively low ...
WhatsApp: +86 18221755073
ESG risk factors by mineral. This figure shows, for each mineral, the percentage of papers that cite each ESG risk factor. For example, three quarters (75 %) of the 32 papers on lithium mention water depletion as a risk. Percentages at or above 50 % are depicted in a darker color for emphasis. The table excludes papers about critical mineral ...
WhatsApp: +86 18221755073
Disruption is fast reshaping the mining and metals sector's perception of where the biggest challenges – and paths to growth – may lie, according to EY's annual review of risks and opportunities in the global mining sector. The climate crisis and rising stakeholder expectations are increasingly significant forces of change.
WhatsApp: +86 18221755073
Other research has even discussed underground coal mining as a more complicated operation than other mining sectors, with more risk factors in its environment . ... De Maio TJ (1984) Social desirability in survey measurement: a review. In: Turner CF, Martin E (eds) Surveying subjective phenomena, vol 2. Russell Sage, New York, pp 257–282 ...
WhatsApp: +86 18221755073
the extractive sector because it features the highest risk score among all economic sectors, with environmental risks and social risks having nearly equal shares (S&P Global 2019). This high-risk prole of the mining sector correlates with high media attention on disastrous events and severe human rights as well as environmental impacts.
WhatsApp: +86 18221755073
Here, we identify three social aspects of business risk that may challenge the industry: political, reputational, and local acceptability. Political risk arises when sectoral …
WhatsApp: +86 18221755073
the Australian Mining Risk Forecast 2023/24 outlines the new and evolving challenges the sector must grapple with over the coming year – as well as some significant opportunities. This year's analysis reveals some notable shifts in the risks perceived by the industry as most relevant compared to previous years, reflecting the
WhatsApp: +86 18221755073
Empirica l analysis is used to allow us to unpack how mining as a sector is impacted by factors beyond its control, particularly in the policy realm. Three types of eco nomic variables for the ...
WhatsApp: +86 18221755073
For example, the rating captures unmanageable risk due to mining operations (e.g., mining companies cannot fully eliminate land use) and manageable risk not addressed by the firm, if any, based on the degree to which the identified ESG factor affects the company's valuation (e.g., risk-return profile, investment decision, etc.).
WhatsApp: +86 18221755073
underground coal mining as a more complicated operation than other mining sectors, with more risk factors in its environment [9]. Due to the increased complexity of underground coal mining, there are numerous rules and regulations that are in …
WhatsApp: +86 18221755073
We review environmental and social risk factors as part of our overall risk management philosophy and business strategy. Therefore, when identifying and managing risks ... These industries or sectors include, but are not limited to: • Extraction of coal or metals ... Coal mining • Directly supporting Mountain Top Removal (MTR) projects of a ...
WhatsApp: +86 18221755073
Efforts are required in a wide range of areas to achieve a sustainable production of minerals for the green transition (Graedel et al., 2015).Today, mining companies are known to undertake substantial investigations related to early screening when evaluating the attractiveness of greenfield projects and subsequently deciding on whether to submit applications for …
WhatsApp: +86 18221755073
Literature focusing on the risk factors of FDI in the Mongolian mining sector is rare. As far as we know, just a few researchers discuss this issue. Chang (2009) points out some risk factors in Mongolian mining investment and analyzes Mongolian mining industry development and related problems. The risk factors include political risk, the ...
WhatsApp: +86 18221755073
Environmental and geological, managerial concerns are becoming more pressing for the mining sector at the same time as society's and stakeholders' expectations are rising. In recent times, from a management perspective, strategic approaches to environmental challenges in the mining sector in foreign nations are discussed (Ruokonen, 2021). In ...
WhatsApp: +86 18221755073
The options to describe the situation of the community in relation with the importance of the mining industry in its economy are, in growing order of social risk: 1- An important reliance on the mining sector, a good part of the jobs; 2- The mining industry is a secondary but significant sector of activity, and a job source; 3- The community ...
WhatsApp: +86 18221755073
Factors such as volatile commodity prices; climate change; environmental, social and governance (ESG); and net-zero carbon targets present increasing challenges to the mining sector. A shift towards sustainable mining must recognise the social impacts of mining and must enact laws and regulations that require community consultation throughout ...
WhatsApp: +86 18221755073
In various contexts, social impacts of mining are assessed with different sets of indicators and targets. In this study we perform a review of the …
WhatsApp: +86 18221755073
Mining provides indispensable commodities for global socio-economic growth and critical minerals in the path towards decarbonisation. The mining industry has historically been able to meet supply needs through advances in technological innovation and economies of scale (Clifford et al., 2018).However, this might be hindered by the diverse Environment, Social and …
WhatsApp: +86 18221755073
Environmental, Social and Governance (ESG) issues are increasingly becoming one of the biggest risks to mining companies and their operations, and are now consistently …
WhatsApp: +86 18221755073
With metal prices on the rise, a trend that is expected to continue, conflicts and social opposition are more likely to appear. Under these circumstances, the top social risks …
WhatsApp: +86 18221755073
Societal impacts details [mandatory] In sub-Saharan Africa, those involved in Artisanal and-Small-scale Mining (ASM) operations struggle to access funding for their operations. This research is premised on fostering access to formal sources of funding for those who are involved in this occupation as embedded in SDG 8, by identifying the risk factors observed by …
WhatsApp: +86 18221755073
The mining industry in the EU bears the greatest burden of occupational accidents, with a fatality rate of 7.2 in 2021, which is significantly higher compared to other economic activities. In 2021, there were 7625 non-fatal and 33 fatal accidents in the Mining and Quarrying Sector in the European Union (Eurostat, 2024).
WhatsApp: +86 18221755073
Recently, there has been a growing interest in the mining industry in issues related to risk assessment and management, which is confirmed by a significant number of publications and reports devoted to these problems. However, theoretical and application studies have indicated that risk in mining should be analyzed not only in the human factor aspect, but also …
WhatsApp: +86 18221755073
Distribution of Social Risk Exposure: Private Sectors (Number of sectors: 78) High / Very High Social Risk Sectors At-A-Glance (Rated Debt, $ Billions) ... By Social Risk Factor 20 48 14 Demographic and Societal Trends Responsible Production 13 21 41 3 10 23 45 20 25 33 9 23 42 4 20 35 15 8 ... Coal Mining and Coal Terminals 10.3% 1.6% % 44.5% ...
WhatsApp: +86 18221755073
The mining industry stands at a crossroads, with environmental, social, and governance (ESG) factors dominating the risk landscape for the third consecutive year. EY Canada's latest report on the "Top 10 Risks and Opportunities in Mining" underscores the intricate challenges miners face in 2024.
WhatsApp: +86 18221755073
Concerns by local communities living next to industrial mines often reflect closely linked social, socio-economic, and environmental factors; the latter may be a driver of mining …
WhatsApp: +86 18221755073