Addressing sustainability issues

Leading mining companies are successfully integrating sustainability into their overall strategies by:

  • Building trust with their key stakeholders through balanced reporting on their activities
  • Actively managing their risks
  • Maximising the positive effects of their operations
  • Embracing a growing body of international best practice on non-financial matters

There has also been an increase in the regulation of the mining industry in relation to issues such as:

  • Local economic development
  • Beneficiation (specifically in South Africa)
  • Environmental management
  • Climate change strategies

Sustainable development practices have the potential to leave a legacy of positive impact long after the life cycle of a mine has ended. Financial markets also are increasingly assigning a greater value to effective risk management of non-financial issues.

How PwC can help you

Our sustainable business solutions team works with mining companies across the world to align corporate governance and non-financial management including operating systems and processes, performance reports and mechanisms to meet the needs and expectations of stakeholders. Solutions include:

  • Sustainability strategy development (e.g. responding to regulatory requirements)
  • Stakeholder engagement (e.g. analysts, host communities, NGO’s)
  • Country risk assessments (including human rights)
  • Certification (ISO 14001, 9001)
  • Performance benchmarking
  • Evaluation of environmental risks and liabilities
  • Environmental liability audits and due diligence engagements
  • Climate change (including climate change strategies and emission trading advice)
  • Non-financial report assurance
  • Non-financial annual report development