Stakeholder Newsletter: January 2023

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Can you believe it’s STILL January? On officially the last day when its OK to wish someone a happy new year – I wish you all the best! Here’s a quick rundown of what we’ve got planned this year at ICMM. Thank you for your support and collaboration last year, and I hope that our ambitious plans for 2023 on nature, climate change, and diversity, equity and inclusion amongst others continues to keep us connected.

Earlier this month at the World Economic Forum’s Davos meeting, I convened several of our CEOs in a discussion about how we can accelerate the mining industry’s role in achieving global climate goals. It’s not an easy feat but I was heartened by on-stage conversations with our members Antofagasta, Rio Tinto and Vale on how reframing Scope 3 emissions turns the issue from a risk to an opportunity, even for bulk commodities. You can watch a full recording of the event here. I was also privileged to share some of our progress on our nature work, as I talk about above, with leaders at the Nature Positive Dinner at Davos.

Looking ahead, the ICMM team and I will swap the Davos snow for Cape Town’s sun for Mining Indaba and Alternative Mining Indaba next week. Always a critical moment in our calendars, this year we have exciting panels on the industry’s progress and challenge to build truly diverse, equitable and inclusive workplaces on ESG risk, artisanal mining and tailings management. You can see our full Indaba schedule here.

Most importantly, last week marked the fourth anniversary of the Brumadihno tailings tragedy where 270 people lost their lives. It’s crucial that we hold space for and commemorate the victims of the disaster that simply should never have happened. I realise that words cannot change the past and keeping the unimaginable pain of the victims’ families at the heart of what we do will ensure that we never waver in our commitment to make all tailings dams globally as safe as possible, and adopting the Global Industry Standard on Tailings Management is cornerstone of doing so.

Warm wishes,

Ro

Mining CEOs Discuss Climate Change at Davos

Scope 3 Emissions in Mining and Metals: A Case for Partnerships?

To tackle climate change effectively, action is required to accelerate the decarbonising of production processes and consumption practices.

"There is no business if we don’t completely decarbonise" - Eduardo Bartolomeo, Vale CEO.

ICMM and Antofagasta Minerals lead an 'Affiliated Session' at World Economic Forum's Annual Meeting on bringing together the supply chain to take action on reporting Scope 3 emissions in our industry. The session features ICMM CEO Rohitesh Dhawan, Antofagasta Minerals CEO Iván Arriagada, Rio Tinto CEO Jakob Stausholm, Vale CEO Eduardo Bartolomeo, and Lombard Odier Head of Sustainability Research Thomas Höhne-Sparborth. See the full recording here.

Mining Indaba and Alternative Mining Indaba

Mining Indaba and Alternative Mining Indaba
Cape Town, South Africa • 6-9 February

The ICMM team will be in Cape Town for Mining Indaba and Alternative Mining Indaba, taking part in several critical conversations on sustainability in the industry. Among many panels, Rohitesh Dhawan will be speaking on Day 1 about the actions our industry is taking towards creating diverse, equitable and inclusive workplaces, and on decarbonisation efforts in the footsteps of COP27. ICMM COO Aidan Davy will discuss the role of ESG in risk and uncertainty among the investor community, and our approach to tailings and safety management. Find our full schedule here.

Feature: Rohitesh Dhawan Speaks to Reuters About Nature Positive

Rohitesh Dhawan spoke to Reuters about how ICMM members are working to contribute to the halt and reverse of nature loss. The article features examples from Vale’s work in the Amazon Basin and Alcoa’s policy of restoration in Australia.

Up-Coming Events

BMO: 32nd Global Metals, Mining and Critical Minerals Conference
Hollywood, Florida • 27 February, 07:40 EST

Rohitesh Dhawan will be opening the conference with keynote speech about the critical sustainability challenges and opportunities for the industry. Find out more about the conference here.

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SME Annual Conference and Expo
Denver, Colorado • 27 February, 08:30 GMT -7

ICMM COO Aidan Davy will discuss ESG issues and measuring performance from the perspectives of the mining, investment, and insurance communities, and about ICMM’s work on tailings management, through GISTM and our Tailings Innovation Roadmap. Register here.

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The Economist: 8th Annual Sustainability Week
London, and virtual • 29 - 31 March

How can the heavy-emitting sectors get a handle on emissions reduction? How much can businesses do themselves, and what do they need from other stakeholders? Join Rohitesh Dhawan and speakers from Teck and Volvo for this panel session. Register here.

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FT Future of the Car Summit
London, and virtual • 9 - 11 May

The supply chain chaos of the last few years has highlighted the fragility of global trade networks. Rohitesh Dhawan will discuss mining’s role in building secure and reliable supply chains to help facilitate the electric vehicle transition. Register here.