Investors managing US$11tn commit to lifting social and environmental standards in mining
Members of the Mining 2030 Commission include representatives of communities affected by mining accidents.
Global investors with US$11 trillion in assets under management have pledged to support the development of a socially and environmentally responsible mining sector by 2030.
Mining products such as lithium, cobalt and nickel are used in low-carbon technologies including wind turbines and EV batteries, so these resources are critical for the world’s net zero transition. The International Energy Agency estimates that the market for these energy transition minerals reached US$320 billion in 2022.