BBMC Yearbook 2021

Page 82

Mine Closure Planning – a key part of the ‘S’ in ESG Renee Wall, Director, Wall Planning & Environmental Consulting

Photo: Betty Seeney

E

SG is proving itself to be an important corporate evaluation tool across all industries. It’s also an increasingly popular (and necessary) focus in the resources sector. Meeting Environmental, Social, and Governance criteria is fast becoming what sets competition apart and entices investors to provide critical financial backing for projects. 80

BBMC Yearbook 2021

ENVIRONMENT

ENVIRONMENTAL, SOCIAL, GOVERNANCE Investors are increasingly seeking out companies that rate highly in terms of ESG; that is, the measurement of a company’s Environmental, Social, and Governance impact, adherence, and ethic. The reputation and transparency of a company has become an important part of the decision of investors in a world that is now scrutinised and discussed to the nth degree, on social media or in the 24-hour news cycle.

Biodiversity Ecosystem Waste Management Air & Noise Climate Change Mine Closure

SOCIAL

Human Rights Land Use Diversity & Inclusion Community Mine Closure Post-Mining Land Use Supply Chain Management

ESG

GOVERNANCE

Legal Compliance Business Ethics Transparency Affiliations Risk Management