Companies should think holistically and ensure their capital-allocation decisions reflect their ESG commitments.

The energy transition is reshaping the traditional mining value chain creating new challenges and opportunities for miners.

With commodity prices soaring in 2021, many countries are looking to regulations and resource nationalism to recoup lost revenue during COVID-19. Companies should learn how to operate in this new environment by demonstrating their value beyond tax—including their ESG efforts—to governments.

Mining and metals companies should be functionally set up to respond to and address ESG-related opportunities, challenges, and risks.

Facing an increasingly competitive labor market requires mining and metals companies to position themselves as an attractive sector and employer, capable of meeting evolving priorities.

Indigenous communities around the world are often keen to establish a new type of understanding and connection with mining and metals companies that participate in their environment. When planning new projects, mining companies should look for opportunities that align with local communities’ own goals and priorities.

Now more than ever mining and metals companies need to innovate in light of some key recent developments: new remote work practices, the drive to decarbonize, and the current high commodity prices.

Mining and metals companies should make better use of digital transformation to drive effective integrated decision-making. This is more important than ever as the current heightened focus on ESG measures has placed pressure on companies to manage not only their operational environment, but also social and regulatory challenges.

Mining companies’ cybersecurity has traditionally focused on functions like finance or human resources rather than on the ground at mine sites. However, with more devices being connected, some of the industry’s biggest cyber vulnerabilities are around operational technology.

Mining companies should prepare for the physical impacts a warming climate can produce across their businesses and operations as well as beyond their own sites.