Top 10 Corporate Social Responsibility initiatives in mining
Corporate Social Responsibility (CSR) is often used to describe the social and environmental contributions and consequences of corporative activities and action. It entails three key dimensions--economic development, environmental protection and social cohesion.
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To truly be a successful mining company, CSR should be the fabric of your business. We highlight the top 10 programs embracing responsible mining and encouraging a positive impact on the communities and environment.
10. IamGOLD – Devonshire Initiative
IAMGOLD is a founding member of the Devonshire Initiative, an organizational forum for leading international development NGOs and mining companies to come together in response to the social agenda surrounding mining and community development issues. The objective of the Devonshire Initiative is to improve social and community development outcomes wherever Canadian mining companies operate overseas.
9. Barrick Gold – Heart of Gold Fund
Simply put, Barrick Gold wants to help support non-profit organizations and other charitable endeavors any way it can. The company’s Heart of Gold Fund, an initiative that makes seeking donations and sponsorships from Barrick easier, is focused on contributing to education, health and environment, culture and recreation, economic development, and community capacity building and leadership.
8. Anglo American – Zimele
For the last 25 years, Anglo American has been striving to provide enterprise development within local communities in which it operates. The company’s global initiative, Zimele, enables SMEs to operate within the mainstream economy through a combination of financial support and mentorship. Over the past seven years, Zimele has supported 1885 companies, employing over 38,000 people, with a combined turnover of roughly $500,000 million.
7. BHP Billiton – LEAD Project
In 2014, BHP Billiton launched the LEAD Project in Mozambique, pledging $8.8 million over five years to the new agricultural initiative to benefit farmers from three districts in the area. The LEAD – Livelihoods Empowerment and Development -- project aims to work with more than 50 producer organizations that represent farms to increase their income and business opportunities, improve production capacity through farm-level training and facilitate access to financing.
Read the full article in the July edition of Mining Global magazine
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