Tag Archives: Chris Griffith

ICMM members commit to new stakeholder social and economic indicator framework

The International Council on Mining and Metals (ICMM) has published a new Social and Economic Reporting Framework which, it says, commits members to report against a set of social and economic indicators, empowering stakeholders such as communities, governments and investors to assess the contribution of mining to social and economic development more easily.

ICMM members, representing around a third of the industry, have committed to report on eight key indicators which includes country-by-country tax reporting on revenues, payment and tax, workforce composition, pay equality, wage level, training provided, local procurement, education and skills programs, and capacity building.

This disclosure will also help companies to better assess and strengthen the delivery of their social and economic contribution programs and provide a clearer overview of the contribution mining is making to economic growth, employment, skills, health, education and a range of other development opportunities in the regions close to their operations, the ICMM said.

Rohitesh Dhawan, CEO of ICMM, said: “Mining plays a significant role in driving social and economic development in the regions where it takes place. What has been missing until now is a consistent set of indicators that measure these contributions, like for like. ICMM’s Social and Economic Reporting Framework raises the bar in several areas including the disaggregation of data by gender and ethnicity, and reporting of employee wages compared to the local living wage. This commitment represents a major step forward, and I encourage all mining companies to adopt the framework to provide a more complete picture of the industry’s social and economic contribution and collectively identify areas for improvement.

“We recognise that there is still more to do to measure, prevent and manage the negative impacts mining activities can have on local communities. We will continue to work closely with stakeholders to assess the potential evolution of the framework so that we can build on the data already being provided to give a clear picture of our members’ performance.”

Chris Griffith, CEO Gold Fields, said: “Along with other ICMM members, Gold Fields was actively involved in the development of the framework as we believe the reporting of social and economic indicators is critical to help provide a clear picture of the contribution we make. This transparency is key to winning the trust of our stakeholders, particularly host communities and governments. We are already aligned with several of the indicators – as reported in our annual Report to Stakeholders – and are working towards disclosure against the full framework.”

The framework was developed through an assessment of existing reporting frameworks and company practices relating to social and economic contribution. It was informed by consultation with a range of external stakeholders including investors, civil society, customers, and international organisations and tested at sites by ICMM members. It builds on existing frameworks such as the Global Reporting Initiative, thereby ensuring a streamlined approach to reporting. Where indicators were not available in existing frameworks, new ones have been developed and included in the framework.

ICMM members have already started the work needed to incorporate these indicators into their reporting systems and are committed to disclose against the indicators by 2024, except for country-by-country tax, for which reporting is expected from 2025.

Dhawan will be moderating a panel at Investing in African Mining Indaba in Cape Town, South Africa, this week, where ICMM Council member Chris Griffith (Gold Fields CEO) and Anglo American South Africa Chair, Nolitha Fakude, will discuss mining’s overall contribution to society, the importance of consistent reporting on contribution, and how transparent reporting will help to build trust across the sector.

International Mining is a media sponsor of the Investing in African Mining Indaba in Cape Town, South Africa

Anglo takes on responsible mining standards at Unki platinum mine

Anglo American says its Unki platinum mine in Zimbabwe has become the first operation to publicly commit to be independently audited against the Initiative for Responsible Mining Assurance’s (IRMA) ‘Standard for Responsible Mining’.

IRMA’s Standard for Responsible Mining has been developed over 10 years through a public consultation process with more than 100 different individuals and organisations, including mining companies, customers and the ultimate downstream users of mined products, non-governmental organisations, labour unions, and communities.

An initial self-assessment was completed by Unki ahead of the independent on-site audit and, according to Anglo, the operation performed well against the 26 areas covered by the Standard for Responsible Mining, including working conditions, human rights, community and stakeholder engagement, environmental impact, and planning and financing reclamation and closure.

Mark Cutifani, Chief Executive of Anglo American, said the company had a longstanding commitment as a leader in responsible mining, with numerous examples of its progressive business decisions across many decades. “We are pleased that Unki will be the first mine in the world to publicly commit to a third-party audit to determine its performance against IRMA’s Standard for Responsible Mining,” he said. “As our customers and end consumers who rely on our metals and minerals rightly expect the highest standards of ethical production, we will be putting all our managed mines through such rigorous certification processes by 2025.”

Aimee Boulanger, Executive Director of IRMA, said while IRMA is a voluntary certification system meant to complement strong laws and government oversight, it is also the world’s first and only global definition of what constitutes leading practices in social and environmental responsibility for large-scale mining operations developed through consultation with a range of stakeholders.

“It is the product of 10 years of collaboration between our stakeholders that seeks to emulate for mining what has been done with certification programs in fairtrade agriculture, responsible forestry and sustainable fisheries, as examples,” she said.

“We are extremely pleased to see Anglo American’s Unki mine take the lead and begin the third-party certification process. We hope that this paves the way for others across the industry to make a similar commitment.”

Chris Griffith, CEO of Anglo American Platinum, said the IRMA self-assessment tool had provided the business with a valuable opportunity to measure the performance at Unki mine against international best practice on a wide range of environmental and societal factors. “We are immensely proud of the work the team has been doing at Unki on responsible and sustainable mining, and we look forward to continue leading the way for our other mining operations.”

Unki is the first of many Anglo American operations to be measured against the IRMA standard, in line with the commitment in our Sustainable Mining Plan to have all of our operations assessed against credible responsible mining standards by 2025.

Other Anglo American operations currently completing the IRMA self-assessment stage include the Barro Alto nickel operation in Brazil and the Amandelbult PGM operation in South Africa.

Unki has not yet been independently assessed against the standard nor achieved a level of recognition at the time of this announcement, Anglo said.