According to Verisk Maplecroft, nickel is exposed to biodiversity risks because some of the largest nickel operations are located in Indonesia, New Caledonia and the Philippines.
Eduardo Bartolomeo said his own remuneration package now sets targets for safety and sustainability, with 20% of his long-term compensation associated with ESG goals.
Demand for the material used in electric cars and renewable-energy storage has soared and, while miners are seeking to boost supply, there’s not enough to meet consumption.