ICMM welcomes Boliden

By Daniel Brightmore
Boliden, a Swedish producer of copper, zinc and nickel, has become the 28th company member of the ICMM (International Council on Mining and Metals...

Boliden underwent a rigorous independent assessment to ensure that it adheres to ICMM’s Mining Principles. Based on the recommendation of the independent review panel, ICMM’s Council, represented by the CEOs of each company member, approved Boliden’s admission.

The Boliden Group is an industry leader in sustainable metal production. The company’s core competence is within the fields of exploration, mining, smelting and metals recycling with five mining units and five smelters across Sweden, Finland, Norway, and Ireland. 

Their operations are dedicated to producing metals with a low carbon footprint, with a target of reducing their CO2 intensity by 40% by 2030 through decreasing their usage of fossil fuels and improving energy efficiencies.

Tom Butler, CEO of ICMM commented: “We are delighted to welcome Boliden to ICMM. We look forward to learning from their innovative and modern approach to sustainable metal production and their circular approach to resource management. They will bring new perspectives to ICMM, where partnership, innovation, knowledge sharing, and learning are integral to everything we do.”

Mikael Staffas, President and CEO of Boliden added: “Our vision is to become the most climate friendly and respected metal provider in the world and the membership in ICMM is an important step in that direction. Our performance within sustainable metal production is strong already today, but we will continue to seek improvements and contribute to the aim of ICMM.”

Mining with Principles

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By becoming a member, Boliden commits to ICMM’s Mining Principles which define good practice Environmental, Social and Governance (ESG) requirements for the mining industry through a comprehensive set of 38 performance expectations. They apply at asset level and include third party assurance and validation. Applicable to all ICMM company members, they therefore apply to around 650 sites in 50 countries.

About ICMM

The International Council on Mining and Metals (ICMM) is an international organisation dedicated to a safe, fair and sustainable mining and metals industry. Bringing together 28 mining and metals companies and 36 national, regional and commodities associations, it strengthens environmental and social performance and serves as a catalyst for change, enhancing mining’s contribution to society. Every ICMM company member adheres to its Mining Principles which incorporat e comprehensive environmental, social and governance requirements, robust site-level validation of performance expectations and credible assurance of corporate sustainability reports.

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