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Gold September 23, 2020 09:45:11 PM

WGC Highlights SDG Initiatives by Gold Mining Companies

Paul Ploumis
ScrapMonster Author
The SDGs are broken down into 17 goals, which all members are required to achieve by 2030.

WGC Highlights SDG Initiatives by Gold Mining Companies

SEATTLE (Scrap Monster): The new report published by the World Gold Council (WGC) highlights actions taken by leading gold mining companies to reach the UN Sustainable Development Goals (SDGs). It noted that these companies have adhered to the concept of sustainability ore responsible mining.

The report provides a selection of the efforts undertaken by the member companies in investing in the SDGs and transitioning into more sustainable and inclusive business practices. It analyzes the companies’ products, operations, supply chains, infrastructure and external engagements.

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The SDGs are broken down into 17 goals, which all members are required to achieve by 2030. Although it is mainly intended for national governments and government institutions, private businesses including gold mining companies play a key role by focusing on reducing their negative impacts. In fact, the WGC member companies have made notable contributions to 15 out of the 17 SDGs. Incidentally, Goal 11 and Goal 14 do not fall within the broad sphere of influence of gold mining companies, WGC noted.

The WGC report spotlights on three important topics-Artisanal and Small-Scale Gold Mining, Covid-19 and Gold in Technology.

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