Column interpretation ｜ This principle helps gold ore companies' long -term stable development

Since the 2019 World Gold Association's release of the "Principles of Responsible Gold Mining" (RGMP) has been 3 years, the strong environment, social and governance (ESG) principle is a key component of responsible gold ore enterprises for sustainable development. It has become an industry consensus. Industry head enterprises and forward -looking companies have begun strategic layout or achieved certain results.

Climate change and de -carbonization

Under the current environment, it is the top priority to deal with climate change and carbonization. Gold ore companies at home and abroad are taking responsible gold mining measures. Barik Gold Company plans to reduce the amount of carbon emissions by 30 % compared with the baseline in 2018, and will achieve net zero emissions by 2050.

At present, the gold industry is actively promoting and exploring the methods and models of climate -related financial information disclosure recommendations (TCFD). The National Gold Standardization Technical Committee (in May 2008 was approved by the National Standardization Management Commission, under the leadership of the National Standards Commission, the Ministry of Industry and Information Technology, and the China Gold Association) was re -revised Establish a energy consumption limit standard system to determine the limit of the energy consumption, accuracy and advanced values ​​of the unit's product energy consumption, eliminate backward production capacity and improve the energy utilization efficiency of gold mine enterprises.

Carbon emission reduction is the basic responsibility and obligation of the enterprise. The domestic gold mining industry's head -of -head enterprises have set out the layout: China Gold Group and Shandong Gold Group incorporate carbon peaks, carbon neutralization, and include the overall layout of the enterprise development; Zijin Mining Group will improve energy efficiency, change energy structure and increase carbon neutralization measures. Carbon emission reduction; Shandong Zhaogeng Group made every effort to build a green mine in the entire industry chain.

At the same time, key domestic gold enterprises actively develop new energy mining motorcycles and shovel to replace traditional fuel equipment, thereby achieving carbon reduction of mining production. For example, Tibet Huatai Long Mining Co., Ltd. relies on the natural conditions of the plateau region to build and apply the largest solar heat collecting system in the region to meet the heating and daily life needs of office and living facilities, and effectively reduce carbon emissions.

Under the guidance of the RGMP framework, gold mine companies have made their efforts and achieved positive results in terms of environment. At the same time, in the society, companies have played a key role in helping local economic development and eliminating poverty. In 2020, a member of the World Gold Association spent $ 438 million in community investment, and the average company spent more than $ 14 million per company.

In addition, they also paid $ 7.6 billion in taxes, which can be used to improve public services, education, medical care, infrastructure, etc. In addition to contributing to society and economy and environment, gold mine enterprises are more systematic, transparent, and disclosing ESG -related results based on data, which is becoming a trend. The contribution report also proves this.

Specifically, the changes in China's gold mining industry, the China Gold Group Inner Mongolia Mining Co., Ltd. has been further based on the construction of a harmonious mining area and actively assumes social responsibility. The company preferentially resettleed employment to those who meet the conditions of employment and employment needs of the surrounding herdsmen and their families to ensure the stable economic source of herdsmen; implement the "endowment insurance" to benefit the people, pay the pension insurance for herders, and allow local people to share the results of the development of enterprises; right The surrounding herdsmen carried out free "medical treatment and medicine" activities to diagnose diseases for herdsmen for free.

▲ Wushan pays attention to fulfilling the social responsibility of the central enterprise, reflects the responsibility of Wushan in social development, and contributes the power of Wushan

Gender

Gender equality is also one of the important issues of global attention. RGMP reflects the ambition to promote gender equality. The gold mining industry has recognized the business needs of promoting and supporting women within its organization, and have formed a positive momentum. For example, Golden Star, a female employee currently, has set a goal of 20 % of female employees by 2025. Endeavor Mining has carried out a mining women's project to help women succeed in work that women are not good at women who are not good at women, such as mining truck drivers.

Compliance and moral governance

In terms of sustainable development, corporate governance is the inherent guarantee for achieving environmental and social responsibility goals. After the "Global Mining Report 2021" released by PricewaterhouseCoopers, the global 40 mining enterprises ranked in the world's top 40 mining companies in the world released the sustainable development report, the corporate social responsibility report, and the ESG management content in the ESG report. In China, compliance and moral governance are the most concerned areas of mining enterprises.

Golden mine at home and abroad, compliance and moral governance, focus on law -abiding operations and "zero tolerance" for non -moral behavior.比如，紫金矿业完善了《董事、监事薪酬和考核方案》，建立了责任追究和回拨机制，规定考核对象若出现违反公司可持续发展原则，发生重特大环保、安全事故，或对公司声誉、 ESG performances such as commercial ethics, human rights protection, community relations, and responsible supply chain have a significant negative impact, and clearly have the main responsibility, the company can reject the reward salary veto.

Shandong Gold has carried out all -member law education education, from the legal risk prevention and control and dispute resolution of legal risks of construction projects, mining legal supervision, trends and compliance discussions, the prevention and control of the new solid waste pollution prevention and control, and corporate environmental risk prevention and control, and the civil code guarantee system.I have conducted comprehensive training in this area, and implemented the promotion and training of the Civil Code within the scope of their affiliated enterprises to establish a sense of compliance of compliance to ensure integrity and compliance operations; and continue to optimize corporate governance to promote the full integration of ESG governance into the corporate strategy and the strategy of the enterprise and the corporate strategy andDaily operations.In the future, it is believed that under the guidance of RGMP, domestic and foreign gold ore enterprises have promoted the responsible gold mining industry and the entire gold industry to promote sustainable social and economic development.

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