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International Initiatives

While mandatory for their Canadian facilities, a growing number of MAC members are voluntarily applying TSM and publicly reporting performance for their international operations. These include First Quantum Minerals, Agnico Eagle Mines Limited, Hudbay Minerals, IAMGOLD Corporation and Excellon Resources. Teck Resources Limited, New Gold, and De Beers Canada Inc. apply TSM at their international facilities, but their results are not reported publicly. By adopting TSM at their operations abroad, these companies demonstrate that they are managing mining risks responsibly throughout the world at the same high standard as their Canadian operations.

International application of TSM, however, is not always feasible for companies. Many MAC members follow other standards and participate in various international initiatives that drive environmental and social performance in the mining sector and foster performance improvement. The table below summarizes the implementation of these standards globally, using the most recent reporting from companies.

 

International Initiatives

MAC MEMBER COMPANY APPLICATION OF INTERNATIONAL STANDARDS AND PROGRAMS

Industry Sustainability Initiatives Management System Standards International Voluntary Initiatives Reporting, Disclosure and Transparency Standards Financing Standards Listed on Socially Responsible Investing Indices Industry Sustainability Initiatives
ICMM Sustainable Development Framework
WGC Conflict Free Gold Standard
ISO 14001 – EMS Standard
OHSAS 18001
UN Global Compact
Extractive Industries Transparency Initiative
Voluntary Principles on Security and Human Rights
OECD Guidelines for Multinational Enterprises
AA 1000
Global Reporting Initiative
Carbon Disclosure Project
Water Disclosure Project
Carbon Pricing Leadership Coalition
IFC Social and Environmental Performance Standards
Dow Jones Sustainability Index
Jantzi Social Index
Responsible Jewellery
International Cyanide Code
Kimberley Process
COMPANIES HEADQUARTERED IN CANADA:
Agnico Eagle Mines
Barrick Gold Corporation
Eldorado Gold
First Quantum Minerals Ltd.
HudBay Minerals Inc.
IAMGOLD Corporation
Kinross Gold Corporation
Lundin
New Gold Inc.
Sherritt International
Teck Resources Limited
COMPANIES HEADQUARTERED OUTSIDE OF CANADA WITH CANADIAN OPERATIONS:
ArcelorMittal Mines Canada
De Beers Canada Inc.
Glencore Nickel
Newmont Goldcorp
Rio Tinto
Vale

Note: 

  • HudBay Minerals Inc. and Sherritt International apply the IFC Social and Environmental Performance Standards only to select international facilities.

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