Mining News

ESG provides profitable returns from smart capital allocation – analyst

Environmental, social and governance (ESG) frameworks not only help businesses and the communities in which they operate but can also generate positive returns as mining companies reduce operating expenses and receive favourable investor interest and cheaper finance. When it comes to ESG, the cost of non-compliance with stakeholder demands could be substantial, as companies are at risk of losing their licences to operate. However, the good news is that ESG initiatives can pay for themselves and support profitability.

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