Eramet’s Bories to step down as CEO, stay on as chair
Eramet expects to announce Bories' successor as CEO by the end of the first quarter.
RepRisk, a provider of business intelligence on environmental, social and governance risks, released a report this week on the 10 most controversial mining companies of 2011.
Topping the list were Alpha Natural Resources, Newmont Mining and Glencore International, for issues related to mountaintop removal mining and impacts on indigenous people and protected areas, according to RepRisk.
“There has been a significant impact on companies’ reputations from negative stakeholder sentiment captured throughout 2011,” said RepRisk CEO Dr. Philipp Aeby.
“This is made obvious by the fines paid by the industry, increasing regulation, and the risk of loss of license to operate faced by many of the firms mentioned. It demonstrates that it may be in these companies’ best interests to heed the warning signals and to proactively engage to address the environmental, social and governance (ESG) issues raised by various activist groups, employees, governments, shareholders and communities.”
3 Comments
Steve
Indeed – the comment about the Katanga Province of the DRC being a “Conflict Zone” is utter crap. I work here and travel extensively through it with not a problem anywhere.
Luis Rojas
Newmont mining is a social responsible company, because Conga project is a politic issue due to groups of civilian terrorist.
Crypto
Loads of unfounded allegations and crap. Not worthy of the electrons used to put it on the screen.