Keep pace with the demand for reporting
Mining companies are becoming overwhelmed by the continual stream of ESG and sustainability questionnaires from investors, credit rating agencies, regulators and downstream OEMs. The requirement to report against the dozens of international standards and assurance frameworks can prove bewildering. The rapid uptick in expectations around climate change action, reporting and disclosure is proving hard to keep up with, let alone put in place the practices needed to meet daunting targets.
Recent policy changes in Europe and the US around critical and conflict minerals will only increase the pressure on companies to prove responsible operating practices, some of which have often been in place for many years. Given the increasing reliance on extracted minerals across modern society, this surge in due diligence can make mines feel unfairly targeted and misunderstood.
Manage the challenge with
a comprehensive strategy
TDi Sustainability understands both the upstream concerns and the downstream need for information. We provide a conduit for the supply chain, helping to bridge the trust gap and facilitate the necessary flow of evidence.
We work closely with mining companies to develop a comprehensive ESG operating and reporting strategy. Our experience in helping to build industry standards and conduct audits brings intimate knowledge of what’s needed to convey the right information. Using a tested six-step methodology, we pull the different aspects of an organisation under the same integrated strategy.
The choice of operating standards, assurance frameworks and certifications is vast. With their encyclopaedic knowledge, our team have led, advised and supported the design and development of many sustainability standards and codes in the extractives and other natural resource sectors, including Copper Mark, Initiative for Responsible Mining Assurance, Towards Better Mining, the Aluminium Stewardship Initiative, Lead Battery 360, Bettercoal, World Gold Council standard and many more. We help mining companies to understand these and decide whether to apply them – and then implement them and monitor their performance. TDi can help you prepare for audit and due diligence.
Social license to operate
Stakeholder materiality is high priority for any successful mine. Maintaining that social licence to operate – under the constant gaze of international NGOs that are determined to stand up to mining – presents an ongoing challenge. TDi Sustainability are experts in building and maintaining relationships between big and small mining neighbours and resolving local conflict.
Our Impact Facility assists clients in making a positive impact within local communities. We help to foster the co-existence of large and artisanal mining, working directly with organisations in Africa and South America. By understanding local needs and motivations, we assess the policies and strategies to engage with neighbours, set a path for peaceful interaction and find partners to develop the capacity of artisanal miners.
More knowledge, stronger stakeholder participation and greater consensus is needed for sound decision-making on deep-sea mineral stewardship, says new report
New publication: ‘Molybdenum profile for supply chain due diligence and responsible sourcing’
Today we are launching ‘Molybdenum profile for supply chain due diligence and responsible sourcing’, a paper from TDi Sustainability, produced in collaboration with the International Molybdenum Association (IMOA).
Unlocking Finance For Artisanal And Small-Scale Gold Mining: A Frontier Investment Sector
Artisanal and small-scale mining (ASM) provides the minerals for a growing global economy, including for the green infrastructure required for de-carbonization and electrification. Employing over 40 million people and supporting a further 250 million globally, it is the chief source of income for many rural communities. Artisanal and small-scale gold mining (ASGM) is a significant part of the ASM sector and accounts for approximately 20% of global gold supply. To date, ASGM has been left largely on the margins of the formal economy with little access to formal finance—that is, finance that falls within the purview of international or national law.
The story of women empowerment sells ASM gold
The artisanal and small-scale mining (ASM) gold sector suffers from a dubious reputation worldwide among micro-credit financiers, impact investors and the private sector. There is a persistent perception that investing in and financing of ASM comes with a high level of risk. However, this perception is inaccurate and unfair. In this series of blog articles, we aim to share important insights into this complex arena, and analyse the challenges and possible solutions. TDI Sustainability and Solidaridad have partnered for this blog series, reflecting on insights gained from a recent research report commissioned by Solidaridad and carried out by the Global Initiative against Transnational Organized Crime; and TDI’s ongoing research in this field, funded by planetGOLD, as well as drawing from our first-hand experience through building The Impact Facility for Sustainable Mining Communities, enabling blended finance solutions for ASM. In this series of blog articles, we aim to share important insights into this complex arena and analyse the challenges and possible solutions.
The Coloured Gemstones Working Group
The gemstone and jewellery industry plays a vital economic role for millions of people around the world. It is a diverse and vibrant industry comprising companies of all types, size, and shape. Each company plays a fundamental role in transforming precious stones and minerals into unique jewellery pieces we love. Yet, more can be done to ensure that the industry protects the livelihoods of all who work in it, and depend on it, as well as the environment.Read More