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A grades for some miners on environmental disclosure

Several miners have received A grades for their environmental transparency and action, based on their annual disclosure through non-profit organisation CDP’s climate change, forests and water security questionnaires.
A grades for some miners on environmental disclosure A grades for some miners on environmental disclosure A grades for some miners on environmental disclosure A grades for some miners on environmental disclosure A grades for some miners on environmental disclosure

Tailings management at Harmony Gold Mining’s Hidden Valley operations in PNG

Staff reporter

South Africa-based Anglo American Platinum stood out, receiving an A for both climate change and water security.

India's Hindustan Zinc also scored an A for climate change.

Vale SA, Germany's Aurubis, Sibanye-Stillwater, Petra Diamonds and Newmont all gained an A- for climate change.

In terms of water security, Gold Fields and Impala Platinum also received As, while Vale and Harmony Gold Mining both received A-.

Japan's Sumitomo Metal Mining and South Africa's Kumba Iron Ore both received Bs for both water security and climate change.

BHP, Lundin Mining, Eramet, Impala, Fresnillo and Rio Tinto all received Bs for climate change.

Miners given Bs for water security were Barrick Gold, K+S, Hindustan Zinc, Sumitomo, Kumba, Centamin and Newmont.

Harmony said it was pleased to maintain its CDP A-rating for water management in 2020.

The company said it didn't participate in the climate element of the CDP, as it had transitioned to the Task Force on Climate-related Financial Disclosure (TCFD) for the first time in 2020.

"We are thrilled with our continued inclusion in the CDP," CEO Peter Steenkamp said.

"ESG is important for Harmony's long-term business value-creation."

CDP said last week a record-breaking plus-9,600 companies disclosed this year, a 70% increase since the Paris Agreement was signed in 2015 and 14% more than last year.

"CDP data shows growing environmental awareness among the business world in 2020, which is hugely positive considering the unprecedented challenges business and society have faced this year," the organisation's global director of corporations and supply chains Dexter Galvin said.