Metals and Mining SASB Standard
The SASB Standards are curated by the Value Reporting Foundation, a nonprofit organisation that creates resources to help businesses and investors develop a shared understanding of enterprise value.
The Metals and Mining SASB Standard is designed to help businesses to identify, manage, and communicate to investors sustainability information that is financially material. It covers a range of environmental and social risks that are pertinent to the metals and mining industries.
GRI 14: Mining Sector
The Mining Sector Standard has been approved for development by the Global Sustainability Standards Board (GSSB). The Standard is currently being developed by a multi-stakeholder expert Working Group, appointed by the GSSB.
It is proposed that the Standard for Mining will apply to organizations whose primary focus lies on:
Exploration and extraction, including quarrying, and primary processing of all types of minerals, metallic and non-metallic, except for oil, gas, and coal.
Support activities for mining, such as transport and storage.
Supply of specialized products and services to mining organizations, such as engineering, procurement, and construction (EPC) contractors.
The Standard will be required in addition to other applicable GRI reporting requirements.