ESG News
ESG News
Zijin Mining as Member of the World Gold Council Committed to TCFD Reporting Standards
2021/09/17 3553

Zijin News - The World Gold Council announced on 10th Sept that its members, as “33 of the world’s most forward-thinking gold miners” , have committed to reporting their positions and progress on climate-related risks in line with the recommendations of Task force for Climate-related Financial Disclosures (TCFD).

The G20 Financial Stability Board established TCFD which is supported by more than 2300 organizations in 88 countries and territories globally. The TCFD recommendations and reporting framework is now widely recognized as the preferred method for embedding climate change into the governance, strategy and risk management systems of organizations, and the means by which they disclose comprehensive and high-quality information on these factors to investors and stakeholders.

Randy Smallwood, Chair of the World Gold Council commented, “Having our member companies commit to reporting via TCFD is the progress we made on climate change. Making progress on climate change is a vital aspect of the gold mining sector’s commitment to responsible mining. TCFD-aligned reporting combined with the implementation of the RGMPs will further demonstrate to investors, consumers and other stakeholders, gold mining’s ability to make a positive and demonstrable contribution to social and environmental progress. ”

Zijin Mining adhere to the Paris Agreement and the "strategic goal of carbon peak by 2030 and carbon neutrality by 2060" proposed by Chinese government. We adopt effective approaches to reduce carbon emission, improve energy consumption structure and promote the use of clean and renewable energy.