Canadian Mining Journal February 2020

Page 53

‘Ambitious yet achievable’

ESG

CENTERRA LEADS THE WAY ON IMPLEMENTING THE RGMPs

By Marina Proskurovsky

New Responsible Gold Mining Principles look to create ESG unity in gold mining

I

n 2017, Centerra Gold joined the World Gold Council’s (WGC) Environmental, Social and Governance (ESG) Taskforce. The taskforce was created to develop a single, overarching ESG framework specifically for the gold mining industry that addressed issues like community relations, environmental impact, tailings management, Indigenous relations, local suppliers and diversity and inclusion. While many credible standards and approaches had already been adopted by individual companies, it was commonly recognized by sustainability and ESG practitioners that the gold

FEBRUARY/MARCH 2020

mining industry could be better served by one unified framework that reflected all these existing best practices. A comprehensive framework would CREDIT: CENTERRA GOLD help alleviate the challenges companies faced in aligning, assuring and reporting against numerous standards, norms and approaches. As a greater number of investors considered ESG in their due diligence process, they were requesting to have a better underCenterra Gold’s Kemess copper-gold project in British Columbia.

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