Investors with US$15 trillion signal new approach to mining sector

The Global Investor Commission on Mining 2030 proposed several recommendations for how investors can help bring about “an environmentally and socially responsible mining industry” through steps including capital allocation and company engagement.— Reuters

NEW YORK: Investors need to adopt a new approach to the mining sector if that industry is to meet the growing demand for minerals and metals needed for the green transition.

That’s the central message in a report published yesterday by a coalition of some of the world’s biggest investors, including California State Teachers’ Retirement System and Allianz Investment Management.