Mining and the SDGs: A 2020 Status Update
In September 2015, the UN member states agreed on a set of 17 Sustainable Development Goals (SDGs), which represent the global agenda for equitable, socially inclusive, and environmentally sustainable economic development until 2030. Mining companies have the potential to become leading partners in achieving the SDGs. Through their direct operations, mining companies can generate profits, employment, and economic growth in low-income countries. And through partnerships with government and civil society, mining companies can ensure that benefits of mining extend beyond the life of the mine itself, so that the mining industry has a positive impact on the natural environment, climate change, and social capital.
Mining companies will be called on to extract responsibly, waste less, use safer processes, incorporate new sustainable technologies, promote the improved wellbeing of local communities, curb emissions, and improve environmental stewardship. Mining companies committed to the SDGs will benefit from improved relationships with governments and communities, as well as better access to financial resources. Those that fail to engage meaningfully with the SDGs will put their operations at risk in the short and long term.
In September 2020, in partnership with the Responsible Mining Foundation (RMF), CCSI published a new report, Mining and the SDGs: A 2020 Status Update as a follow-up to the 2016 Mapping Mining to the SDGs Atlas (see below). This report provides an update on what large-scale mining companies are doing to integrate and report on SDGs in their business strategies and highlights nine practical steps that companies can take to demonstrate their commitment to achieving the Goals by the 2030 deadline. The report can be downloaded in English, Chinese, Spanish, French, Bahasa Indonesia, Japanese, Portuguese (BR) and Russian.
In 2015, CCSI worked with the World Economic Forum, United Nations Development Programme (UNDP), and the UN Sustainable Development Solutions Network (SDSN) to create a shared understanding of how the mining industry can most effectively contribute to the SDGs. The report can assist mining companies to navigate where their activities – exploration, operations, and mine closure – can help the world achieve the SDGs. Governments, civil society and other stakeholders can also identify opportunities for shared action and partnership with the mining industry.
A draft report of Mapping Mining to the Sustainable Development Goals: A Preliminary Atlas was released for public consultation in January 2016; the final version of the executive summary and the full report (available in English, Spanish, French, and Portuguese) was released on July 19, 2016.
Responsible Mining Foundation & Columbia Center on Sustainable Investment,
Mining and the SDGs: A 2020 Status Update,
Available at: https://scholarship.law.columbia.edu/sustainable_investment_staffpubs/143