8
harm and future illnesses/impairments. Lastly, ESG is used
by investors and companies to perform an analysis process
(structured review of all steps and procedures that need
to be conducted to finish or accomplish an activity) to
identify material risks and growth opportunities.
ESG STANDARDS AND THE COPPER
SUPPLY CHAIN
To meet regulatory requirements and community expec-
tations, companies must identify all risks associated with
their mining projects and ways to prevent hazards or miti-
gate present challenges. The following figure lists impor-
tant local, national, and international standards companies
should consider when formulating their ESG framework.
Exploration and Prospecting
As previously mentioned, the exploration and prospect-
ing stage deals with economic and regulatory risks that can
impact the approval or unlocking of copper projects if left
unaddressed. When addressing ore deposit examination
risks, companies must acknowledge:
Environmental
Arizona Mining Permitting Guide
National Historic Preservation Act of 1966
Endangered Species Act
Federal Land Policy and Management Act of 1976
National Environmental Policy Act of 1969
Title IV of the Surface Mining Control and Reclamation
Act
Social
Freedom of Speech
Freedom from Discrimination
Right to Freedom and Equality
Minority Rights
Religious and Cultural Rights
Indigenous People’s Right
Universal Declaration of Human Rights
Right to Life
Prohibition of Retrogression
Right to Privacy
Figure 2. Lists local, national, and international ESG standards that must be considered by the identified copper supply chain
stage in order to improve and resolve potential or current risks
Previous Page Next Page