• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Economy

Living the ESG principles in Ghana’s mining industry

3 years ago
in Economy, Features, highlights, Home, home-news, latest News, Mining
2 min read
0 0
0
94
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Living the ESG principles in Ghana’s mining industry

The mining sector is increasingly exposed to Environment Social and Governance (ESG) risks, including concerns around emissions, water use, deforestation and community relations. At the same time, ESG reporting obligations, institutional and other investor interest in what resource companies such as mining are doing, are rapidly multiplying across the globe. 

Alongside these developments, actual and perceived non-compliance with ESG regulations and best practices have engendered activist shareholder protests and class action litigation against parent companies of some global mining groups. 

It is interesting to note that governments are more actively protecting local communities, environments, and heritage sites through legislation. Customers are voting with their wallets for suppliers and products that support ESG principles. And a new generation of labour is expressing a clear desire to work for companies that are responsive to ESG issues. Galvanized by the same forces, the clean energy transition is now leading a resource transition and increasing demand for minerals that directly support electrification and the decarbonization of energy.

Opening a two-day seminar for Public Relations, Environment, Mining Engineers, Sustainability and allied professionals within the mining industry, CEO of the Ghana Chamber of Mines, Mr. Sulemanu Koney espoused the issues around ESG principles and noted that the seminar was part of the Chamber’s initiatives to improve members’ ability to collaborate, foster goodwill, and forge stronger relationships with stakeholders.

Mr. Koney stated that, “ESG agendas are not the only forces dictating the industry’s future. New technologies are enabling the energy and mineral transition, and “future back” issues have more sway in growth ambitions. Both are working in concert with new and emerging sustainability expectations to open a once-in-a-generation window to create distinctive value in responsible mining”.

He stressed the relevance of environmental protection and sustainability as they are of keen interest to the Chamber, hence the introduction of the Best Green Mine as well as the Most Innovative mining company categories in the prestigious Ghana Mining Industry Awards. 

RelatedPosts

Parliament Adjourns Sine Die After Intense Legislative Session Marked by Reform Calls and Tributes

GACL Terminates Evatex Revenue Assurance Contract Amid OSP Probe

Cyber Security Authority Flags Rising Mobile Data Scam, Cautions Public

The CEO added that “it is our belief that as the industry expands, there is the need to adopt strategies and programmes that seek to protect and sustain our environment while meeting the needs of our stakeholders”. 

The two-day intensive training program, during which there were classroom sessions, had facilitators from both industry and academia taking sessions in PR, Sustainability and ESG issues, industry challenges, innovations and trends. Prof. Eric Kwame Addae led the discussion in the design and development of communication strategies and crisis management.

He is a well-seasoned lecturer with the Department of Journalism and Mass Communication at Drake University in the United States with vast experience in Ghana as a Communications professional. Mr. Eli Daniel-Wilson who is the Director of Sales and Strategy at Pulse Ghana led the session on digital innovations.  

The conference attracted attendees from various mining companies, mine support service companies, and regulatory authorities in Ghana under the theme “leveraging Public Relations to Promote Environmental Sustainability.” 

Setting the tone for the seminar, a Partner for Risk, Governance and Compliance at KPMG, Mr. Kwame Sarpong Barnieh explained why ESG was a critical factor in the mining industry.

Mr Barnieh noted that ESG was a part of all activities and as such organizations’ ESG strategies must be authentic, embedded in business strategies and owned by its Board of Directors. Additionally, ESG metrics of companies were used to compare different organizations by way of a rating and these metrics were closely scrutinized by shareholders to determine an organizations level of performance. 

Dr. Eric Twum, in his conclusion, noted that organizations are expected to champion ESG principles as a way of demonstrating their commitments to ensuring sustainable development at all levels without compromising on the integrity of the environment. 

Mining companies, especially, are being scrutinized regularly for environmental compliance, hence it is critical for them to live by the ESG principles and reshape the narrative regarding the negative impressions about mining companies. 

The Ghana Chamber of Mines is at the forefront of the Responsible Mining Agenda and will encourage its members to be ESG compliant in order to obtain the necessary social license from host communities and stakeholders.

Tags: Environment Social and Governance (ESG) risksghanaGhana Chamber of MinesLiving the ESG principles in Ghana's mining industryMiningMr. Sulemanu Koney
No Result
View All Result

Highlights

Gov’t Reopens Talks With PayPal to Restore Full Service Access in Ghana

Financial Sector Assets up 34.6% in 2024 to GHS 525.59 Billion

Banking Sector Soundness Remains Robust in 2024 Amid Strong Profitability, Adequate Capital Buffers

Sha’Carri Richardson Withdraws from US Trials Following Arrest

From Singuluma to El Kaabi: Can CHAN 2024 Unleash the Next Hat-trick Hero?

Ghana to Welcome King’s Baton Relay on August 8 Ahead of 2026 Commonwealth Games

Trending

Features

Parliament Adjourns Sine Die After Intense Legislative Session Marked by Reform Calls and Tributes

August 2, 2025

Parliament Adjourns Sine Die After Intense Legislative Session Marked by Reform Calls and Tributes Parliament has adjourned...

GACL Terminates Evatex Revenue Assurance Contract Amid OSP Probe

August 2, 2025

Cyber Security Authority Flags Rising Mobile Data Scam, Cautions Public

August 2, 2025

Gov’t Reopens Talks With PayPal to Restore Full Service Access in Ghana

August 2, 2025
Bank of Ghana

Financial Sector Assets up 34.6% in 2024 to GHS 525.59 Billion

August 2, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.