The Top 40 mining companies have come out of the storms of 2020 in excellent financial shape.
Mining is one of the few industries that emerged from the worst of the COVID-19 pandemic economic crisis in excellent financial and operational shape. In fact, 2020 was a banner year for the mining sector.
And things are expected to get even better for the world’s biggest mining companies.
The Top 40 mining companies have never been in a stronger financial position to make a big, bold pivot towards the future. And the future is already visible today: the world is in the midst of an era-defining transition to a low-carbon, sustainable economy.
Making environmental, social and governance (ESG) issues the core of organisational strategy gives big miners a compelling path to build trust, grow and produce sustained outcomes.
ESG: The best opportunity for growth
Although many of the Top 40 understand the importance of ESG, some still see it as just another box to tick. But ESG represents one of the mining industry’s most significant opportunities for long-term value creation, building trust and sustainable growth. They need to engage with their stakeholders and start to ‘bake’ ESG into the core of their strategies. Miners must set targets regularly, report progress transparently and refine their approach continually. Miners need to demonstrate that they not only understand the risks and opportunities of ESG but are committed to addressing them in everything they do.
This interactive data map shows you, by country and region, the Top 40’s revenue contributions (excluding trading) and dividends paid. The map also includes ESG benchmarking scores for the Top 40 as a group and by region. Click the country or region circles to see specific breakdowns for 2019 and 2020 in the bar charts on each tab.
Read the full report here.
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