Study finds social investment fell in 2023
Community investments are a way mining companies can build strong relationships with local communities. These investments drive the success of future operations and projects. In the survey conducted for the ESG Mining Company Index, social investment/community relations were recognised as a top priority for the industry.
Norilsk Nickel achieves top ranking in community support spending The ESG Mining Company Index identified Norilsk Nickel as the top performer in the social investment category, spending $343/t of copper equivalent. This was much higher than the runner up, Northam Platinum, which reported a spending of $130/t of copper equivalent.Despite the nickel producer's contribution to social investment, the company also reported a decrease in spending in recent years.
ESG Mining Company Index Social Investment Mining Mining Industry Community Relations 2023 Mining Spending Vale Community Support Mining Environmental Impact Brumadinho Disaster Mining Stakeholder Engagement Mining Operations Sustainability
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