ASI and IPAF participate in Global Investor Commission on Mining 2030
Father Nicholas Barla, Indigenous Peoples Advisory Forum (IPAF) member and ASI Standards Committee member, as well as Mark Annandale, ASI’s Director of Research and IPAF Adviser are involved in this important mining sector sustainability initiative.
26 March 2024
The Global Investor Commission on Mining 2030 focuses on the critical role of finance in achieving a sustainable future for mining, emphasizing the industry’s significance in society and the transition to a low carbon economy. The Commission seeks to address systemic risks, ensuring the sector supports social development and respects planetary boundaries without driving conflict or corruption. Key focus areas include anti-corruption, artisanal mining, workforce automation, biodiversity, child labor, climate change, conflict resolution, indigenous rights, and mine waste management. The Commission recently announced that it had received the support of 82 investors with over $11 trillion in assets under management and advisement.
The Commission has also recently established a Technical Advisory Committee to offer expert advice and support in developing a vision for a socially and environmentally responsible global mining sector by 2030. Mark Annandale, ASI Director of Research and IPAF Adviser is a member of the committee, alongside representatives of mining companies, specialist consultancies, industry bodies, mining-focussed investment firms, and independent Members. Their objective is to help the Commission identify necessary steps for investors and the finance sector to support this vision, addressing the industry’s systemic challenges and its impacts on social license to operate. Over two years, the committee will review Commission outputs, answer technical queries, and facilitate knowledge sharing.
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