Scoping Paper: Mining and Metals in a Sustainable World
For an industry accustomed to volatility, the mining and metals sector has faced many challenges and uncertainties over the past couple of years. Global markets remain weak following the global financial crisis, commodity prices have fallen, and shareholders are pushing for leaner operations and greater returns on investment.
At the same time, the stakeholder landscape for mining and metals companies is becoming increasingly diverse, with growing expectations for companies to operate in a responsible and sustainable manner. But what defines “sustainability”? How can the mining and metals sector shape the agenda on this issue rather than react to it? Tak-ing bold actions will enable the sector to differentiate itself from other industries, find new opportunities for growth and initiate a new platform for engagement with stakeholders.