ESG Blog

We have just published the latest in the ‘gold and climate change’ research series subtitled ‘decarbonising investment portfolios’. This, the fourth of our climate-focused reports, builds on our previous work to quantify gold’s carbon footprint and its decarbonisation pathway. Combining these ‘building blocks’ has provided us with a fairly rounded and detailed perspective on gold’s relationship with climate change.

As with all sectors, there will be challenges and obstacles on the pathway to Net Zero, but there is a relatively clear opportunity for gold mining to decarbonise which we believe will open up further opportunities and offer beneficial impacts to a wider set of stakeholders

The World Gold Council recently sent a small delegation to the Investing in African Mining Indaba 2020 conference in Cape Town, South Africa. 

Gold’s diverse functions and uses have a diverse range of significant impacts. The sector will be absolutely vital in delivering the applications, technology and infrastructure needed to move towards a cleaner, safer world. 

Our new research suggests where, over the next decade, we might expect gold mining to be if it continues on its current direction of travel, particularly if the sector is able to extend and accelerate current trends.

In-depth: Whilst the COVID-19 pandemic and its economic consequences are currently all-consuming, attention must not be diverted from ESG performance and commitments to tackle the climate crisis. Any further delays in implementing change will be damaging and costly, suggests John Mulligan.