Building sustainability
As companies look to reduce their environmental impact and carbon footprint, many are opting to invest in new technologies and train staff in sustainable practices in a bid to reduce emissions.
According to Ms Lalut, companies that don’t choose to decarbonise their operations face several risks, including investor pressure, financial losses and regulatory penalties.
“Mining can disrupt ecosystems and wildlife habitats. By minimising environmental impacts, companies help protect biodiversity and preserve natural habitats, ensuring survival of various species,” she said.
“Investors increasingly prioritise environmental, social and governance (ESG) factors and companies with high emissions may face divestment.
“Non-compliance with environmental regulations can lead to fines and legal issues, while increased operational costs can lead to financial losses.”
