In a press release, the folks at GRI have announced that their draft Standard for companies with activities in the mining sector is now open for public comment.
The mining sector was prioritized because of its high environmental and social footprint, often concentrated in and around extraction sites. These impacts need to be carefully managed to ensure the sector can deliver the minerals needed for green technologies for the low-carbon transition and the development needs of a growing global population in an equitable and just way.
Although most major extractive companies already publish information on their sustainability performance, the quality of reporting is still considered inadequate. GRI’s draft Standard addresses the most significant impacts of the mining sector, providing a common set of metrics that represents the broad information needs of stakeholders from a global base.
The draft Mining Standard applies to any organization engaged in mining and quarrying activities, including exploration, extraction, primary processing of all types of minerals (except for oil and gas, and coal), as well as support services and supply of specialized products to the sector. Read more about the relevance and application of the standard in our press release.
GRI seeks feedback on clarity and feasibility of reporting standards, the value and robustness of data selected for reporting and its relevance for impacts assessment. Note that following the GSSB’s Due Process Protocol, all comments received will be considered a matter of public record and made available on the GRI website.
The exposure draft for the Mining Sector Standard is open for public comment from 7 February until 30 April 2023. You can provide feedback using this form.
The Table of Links between the likely material topics for the mining sector and the SDGs (Table 2 pp. 298-287) follows below.
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