Phillip McBride, I4 Mining and Rayven, Australia, reviews how the way to achieving emissions, ESG, or any Industry 4.0 and automation goals starts with data.
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hite & Case’s recent ‘Mining & Metals 2022’ report found that – low and behold – environmental, social, and governance (ESG) concerns topped the risks that senior executives in the mining sector see for the coming year.1 As the same report did last year. As did Deloitte’s latest ‘Tracking the trends 2022’ report,2 and EY’s ‘Top 10 Business Risks and Opportunities for Mining and Metals in 2022’.3 These reports all also found that there were significant benefits for miners in investing in solving ESG challenges – not just through grasping the nettle and beginning their work on emissions reductions ahead of 2050 – but in also delivering efficiencies on costly inputs (such as by reducing energy usage), finding new sources of capital, seizing optimisations in real time before potential gains are lost, and proving stakeholder credentials to unlock new sites and extend the lifespans (or scope) of existing ones.
global mining review // May 2022
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