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The Dialogue Series
The British Government and the United Nations Environment Program (UNEP) bring together big names in the mineral sector, government, academia and civil society to address a decisive theme for the future of mining and the environment: the safety of Brazilian dams from the perspective of the new Global Industry Standard on Tailings Management, launched in August 2020.
The first cycle of discussions on the new Global Industry on Tailings Management (GISTM), in the Brazilian reality, concludes in this new virtual round table, which aims to bring great names of authorities in the mining sector, and promote a debate regarding public disclosure and access to information, on the tailings dam structures, foreseen in the topic VI of the new Standard.
About the Global Industry Standard on Tailings Management
The Global Industry Standard for Tailings Management was developed from the Global Tailings Review (GRR), an independent process jointly organised in March 2019 by the United Nations Environment Programme (UNEP), Principles for Responsible Investment (PRI) and the International Council on Mining and Metals (ICMM) following the catastrophic dam collapse in Brumadinho, on 25 January 2019.
The set of guidelines reinforces current practices in the mining sector by integrating local social, environmental, technical and economic factors, and covers the entire life cycle of tailings dams structures - from site selection, design and construction, through management and monitoring, to closure and post-closure.
Looking for to avoid any harm to people and the environment, the new Standard sets out significantly more stringent criteria for the industry to achieve sound social, environmental and technical outcomes. As well as extending accountability to the highest organisational levels and providing for new requirements for independent oversight, the Standard also sets clear expectations regarding compliance with global transparency and disclosure requirements, helping to improve stakeholder understanding.
Each of the co-organisers has endorsed the Standard and advocates for its broad and effective implementation across the sector:
UNEP will support governments that wish to use and incorporate the new standard into their national or state laws and policies.
PRI, representing US$103.4 trillion in assets under management, will develop an investor expectations statement to support all mining companies in implementing the Standard.
ICMM member companies will implement the Standard as a membership commitment, which includes undertaking robust site-level validations and external assessments." (UNEP, 2020)
The new Standard has synergy with the efforts of the UK Government which, together with the Anglican Church of the UK, is seeking solutions for safer and more responsible mining around the world.
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Do not miss the opportunity and participate in this webinar.
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