Sustainability group presentation part of Alexander Belyakov
20. March 2012
Practice of Sustainable Development Case Study: Sustainable Development in Mining Industry Triple-Bottom-Line: people, profits and planet
Practice cont… Unsustainable Mining in UkraineOn average each million tonne of coal extracted in Ukraine claims 2 lives. China - therate is 0.7 deaths per tonne. Russia - 0.2; and 0.02 in the United States.
Practice cont… Sustainable development in the context of exploration Definition as actions and activities to: - protect / preserve environment - improve the community wellbeing - improve ability of the community to manage and sustain its own affairs now / in the future without depending on external sources.
Practice cont… Sustainable Mining in Canada Responsible Exploration: 1. Adopt Responsible Governance and Management 2. Apply Ethical Business Practices 3. Respect Human Rights 4. Commit to project Due Diligence and Risk Assessment
Practice cont… Responsible Exploration (cont.): 5. Engage Host Communities and other affected and interested parties 6. Contribute to Community Development and Social wellbeing 7. Protect the Environment 8. Safeguard the Health and Safety of Workers and the Local Population
Practice cont…Key elements of Sustainability Framework: Leadership and Accountability Governance Stakeholder Engagement Risk and Change Management and Emergency Preparedness Social Stewardship Environmental StewardshipExamples: Sustainability Framework in 16 countries Zero Harm as a core value (IAMGOLD)
Conclusion Holistic approach embracing social, economic and environmental development is a key of SD. Sustainability connected to corporate reputation in business world. Companies often use the language within its own culture of corporate social responsibility, environment, stewardship, citizenship, health, and safety. Decisions through good leadership, need to secure the resources to sustain this and coming generations.
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