All about the wider issues that come out of the sustainability transitions including human rights
Yes, we need to prepare for the future, but in a resilient way. One that doesn't lock us into 'the future will look like the past'. And that includes mining for critical minerals.
Doing nothing in the face of upcoming risks can be massively value destroying for companies, leading to both shareholders and lenders losing out.
Rising sea levels are not just a threat to people. They also could create material financial risks, from what we call asset impairment. And given the long asset lives of most infrastructure, the risk is getting closer than you might think.
We know that 'solving' the artisanal mining challenges is something we need to do. We also know that it's complicated. But people have done it, or at least started it - a Mozambique case study
We all know that stock markets (in fact all financial markets) are partly driven by sentiment. But this only tells part of the story. Accounting fundamentals also matter.
If we want companies to change, then we should start with simple 'yes' questions and work up to the 'Big Yes', our end objective. Don't start by demanding changes they will find it easy to say no to.
Change is about people, and humans are not rational beings. If we want our sustainability investments to happen, and to deliver a fair financial return, we need to understand why they face opposition.
It's often very attractive to think that data gives us the answer. Sadly, just thinking about what we can measure rather than what's important can lead us to disaster.
Recent elections in Europe have led to a shift to the right, but will this really halt the green transitions, or are we just talking about a temporary slowing ?
If the large global mining companies are not investing enough in critical minerals, do we need to think more laterally? Could artisanal miners (ASM) help bridge at least part of the gap, and maybe bring production on stream faster?
If I say stranded assets to a finance person or a sustainability professional my guess is that your first thought is oil & gas. But is this missing the point?
Regulation is seen as an important element of the process of building a more sustainable economy. But sometimes it fails - we need to remain vigilant.