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Stakeholder newsletter: January 2024

31 January 2024

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Folks,

How is it still January?! It’s been a big month here at ICMM - after two years of discussions with experts and leaders within our membership, civil society, academia, Indigenous representatives, and investor groups - we published our Nature Position Statement at the World Economic Forum’s Annual Meeting in Davos. I am truly grateful to all those involved, and to all the support and feedback you have shared with us so far.

I am also thrilled to announce that ICMM has become a partner organisation of Business for Nature. Even before we were formal partners, we worked together to ensure the inclusion of Target 15 in the Global Biodiversity Framework and through this partnership, we look forward to learning from others in the network and being of service to this important community of organisations.

Most importantly, last week marked the fifth anniversary of the Brumadinho tailings tragedy where 272 people lost their lives. It is a stark reminder of the work we need to do to keep people safe and healthy at and around mine sites. The Global Industry Standard on Tailings Management developed in response is the way we can make tailings dam everywhere as safe as possible, and we will continue our unwavering focus on tailings safety and management.

Alongside this, 2024 will be an important year for progressing our diversity, equity, and inclusion commitments; supporting positive engagement with Indigenous Peoples; and furthering our work with Copper Mark, Mining Association of Canada and the World Gold Council in consolidating our voluntary responsible standards into a unified global responsible mining standard with a robust multi-stakeholder oversight system.

To discover more about our work on consolidation of standards and our new nature commitments, and if you happen to be at Mining Indaba next week, please join the ICMM team at various session – all outlined below.

With all that’s happening this year, keep up with us on our website and as always, I love hearing from you so please keep in touch.

Warmly,
Ro


Features

A landmark commitment support a nature positive future

“I want to congratulate and thank the members of ICMM [for] the sincerity of your commitment and the learning journey you are on.” Al Gore

In January, in front of peers, critical friends and nature conservation leaders ICMM launched its Nature Position Statement — establishing landmark commitments to take urgent action to support a nature positive future.

Applying across all four realms of nature – land, freshwater, oceans, and atmosphere – leveraging companies' areas of influence, from direct operations to wider landscapes, these commitments are supported by transparent disclosures on performance outcomes. This includes publication of results from nature-related impact and dependency assessments.

Find out more in our dedicated Nature Hub.


ICMM becomes a partner of Business for Nature

ICMM is delighted to announce that we are becoming a partner of Business for Nature, a global coalition of over 85 organisations with the shared goal of driving credible business action and policy ambition to achieve a nature-positive economy for all by 2030.

As a part of the coalition, ICMM will be supporting with:

  1. The objectives of both halting and reversing nature loss by 2030 and keeping global warming below 1.5C.

  2. Demonstrating growing levels of ambition to protect and restore nature (aligned to the latest science).

  3. Shaping and implementing Business for Nature’s advocacy, business action and communications work.

  4. Encouraging members to develop and publish a credible nature strategy through the Nature Strategy Handbook.

To help us celebrate, share your views on Business for Nature’s business consultation on nature policies here.


Catching-Up with ICMM at WEF

Minerals and metals are the bedrock of industries spanning renewable energy, sustainable transport and technology – playing a critical role in meeting global development goals.

Yet, pursuit of progress must not be at the expense of nature. Marking the launch of our Nature Position Statement Ro Dhawan was joined by Iván Arriagada, CEO of Grupo Antofagasta Minerals and Chair of ICMM; Jonathan Price, President and CEO of Teck Resources and Chair of ICMM’s Nature Advisory Group; Hilde Merete Aasheim, President and CEO of Hydro; and Martin Lundstedt, President and Chief Executive Officer of Volvo Group to discuss why collaboration across sectors is essential for success.

Catch up on the affiliated session held during World Economic Forum's Annual Meeting 2024 here.


ICMM at Mining Indaba

Investing in African Mining Indaba in Cape Town, South Africa, will be celebrating its 30th anniversary with the 2024 theme of embracing the power of positive disruption. Led by Ro Dhawan, the ICMM team will be there discussing the role that mining can play in a nature positive future, and our collaboration to consolidate responsible mining standards. Check out our schedule for more details.

Monday 5 February 2024

Consolidation of responsible mining standards – why this, why now and what’s next?

ICMM’s Aidan Davy will join Grant Beringer, Group Sustainability Executive at Barrick, Adam Matthews, Chief Responsible Investment Officer at Church of England Pensions Board and Fatma Nyambura, Policy Manager at EITI for a panel discussion moderated by Pierre Gratton of Mining Association of Canada. Together, they will share their vision for a consolidated standard; answering the questions: why this? why now? and what is next? Cullinan Hotel at 10.30AM SAST.

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Tuesday 6 February 2024

Partners for prosperity: the future of democracy, good governance and responsible mining

Ro Dhawan will be moderating a panel with Abigail Hunter of SAFE Center for Critical Minerals Strategy; Lindiwe Mazibuko of Futurelect; and Richard Price of Anglo American on how mining and civil society can work together to strengthen good governance and enable more responsible mining to support the energy transition. CTICC, Main Stage at 9.15AM SAST.

Nature positive mining – an oxymoron?

Join this ICMM panel with Ivan Arriagada, CEO at Antofagasta & ICMM Chair; Helena Nonka, Group Director of Strategy and Business development at Anglo American; and Libby Sandbrook, Director of Business & Nature at Fauna & Flora International. Together, they will explore the mining industry's role in supporting a nature positive future. CTICC, Disruptors Stage at 11.50AM SAST.

Mining reimagined

Ro Dhawan will discuss the opportunities and challenges for mining in South Africa, where he will join other panellists in giving examples from global jurisdictions and how these can be applied to the South African context. Webber Wentzel Cape Town Office at 3PM SAST.

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Wednesday 7 February 2024

Polarisation and post-truth: can diverse groups realistically work together to solve challenges facing the mining industry

Ro Dhawan and NRGI Africa Director Nafi Chinery will discuss important questions on economic shifts and resource demand; decarbonisation; collaboration; and the building of trust. They will also be providing their reflections on the steps that stakeholder groups can take to solve these challenges. CTICC, Stewards Stage, 12.55PM SAST.

We look forward to seeing you there! Check out our schedule for more details.


Connect with us

BMO Annual Metals and Mining Conference
Florida, USA • 26 – 28 February

Ro Dhawan will be speaking at the 33rd BMO Annual Metals and Mining Conference, where he will be giving opening remarks on the state of the industry and the different ways in which we can responsibly mine for a sustainable future.

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United Nations Environment Assembly (UNEA)6
Nairobi, Kenya. • 26 February – 1 March

ICMM will be attending UNEA-6 where Ro Dhawan will be speaking at a UN Science-Policy-Business Forum on the Environment (UNSPBF) high-level special session entitled ‘Responsible Mining in a Resource Hungry World’. Ro will be joined by John Lindberg, Policy and Public Affairs Lead, and Claudine Albersammer, Senior Manager for Materials Stewardship – do reach out if you will also be attending. Find out more here.

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CESCO Week
Santiago, Chile • 15 – 18 April

Ro Dhawan will be giving the keynote address on the opening day of CESCO Week 2024, in which he will be discussing some of the opportunities for mining and copper can contribute to sustainable development and the transition to a low carbon future.

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