The AltoPartners Spotlight on Mining : Talent Strategies for an Industry in Transition 2024
The AltoPartners Spotlight on Mining : Talent Strategies for an Industry in Transition (February 2024)” - Download document
The mining industry has long been considered to be a contributor to environmental and social ills. That might still be the case – but the industry is now also viewed as critical to the decarbonisation of the planet because it provides the raw materials that are needed for the global energy transition from fossil fuels to alternative sources of energy. Mining may be essential to the supply of these so-called green minerals, but that doesn’t mean that the industry is being given special dispensation on environmental, social and governance (ESG) issues. If anything, ESG has become even more top of mind for regulators, communities and investors, placing the onus on the industry – as the first source of emissions in the clean energy value chain – to accelerate its decarbonisation plans even as it is under pressure to ramp up production of critical minerals.
While any discussion on mining is highly context-driven and as the Mining Indaba kicks off today, our global mining and natural resources experts agree that regardless of jurisdiction, integration of ESG into corporate strategy is going to be more important than ever in 2024 and the next decade. Organisations that leave ESG work to a small and often underfunded department to manage (and in too many cases, solve), do so at their peril. In this report, partners in Argentina, Australia, Canada, Chile and South Africa examine regional challenges, and their impact on talent strategies.
With contributions and leading insights from Ricardo Bäcker; Richard Fortune; Kevin Hall; Nicolás Mora Shrader; and Takalane Khashane