Australia

Details

  • Service: Advisory, Risk Consulting, Climate Change & Sustainability Services
  • Industry: Energy & Natural Resources, Mining, Water
  • Type: Business and industry issue
  • Date: 18/04/2012

Capitalising on sustainable development in mining 

Within a relatively short period sustainable development has risen up the corporate agenda of mining companies. For some, the tipping point has been crossed and there can be no turning back. In the broadest sense, sustainable development is aimed at improving the quality of life for everyone, now and for generations to come.
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This publication looks at how mining companies can leverage sustainable development to tackle resource constraints and socio-political challenges in remote locations.

 

It includes case studies, which provide unique insights from our work with companies in key mining countries such as Australia, Brazil, Peru and South Africa.

 

Key insights

  • In the current volatile economy, the global demand for commodities is increasing and presents significant opportunities for mining companies.
  • It is critical for mining companies to understand how local resource constraints and socio-economic dynamics can impact business operations.
  • The mining sector is affected by issues such as inequality, low productivity, uncertain regulatory environment and high energy costs.
  • These issues can have a major impact on mining operation efficiency, affecting the price and volatility of key resources such as energy and water.
  • Disregard for social issues can impact reputation, lead to potential government intervention or, in extreme cases, result in the loss of a ‘social license to operate’.

 

 

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Climate Change & Sustainability Services

KPMG works with clients to respond to sustainability, climate change and water issues to manage risk, create value and achieve competitive advantage.