41 Undergraduate Research Poster Session I (Posters)
Tuesday, 16 April 2024
8:00 AM - 12:00 PM
Grand Ballroom
RESPONSIBLE PLATINUM MINING? A QUALITATIVE ANALYSIS OF ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORTS FROM SOUTH AFRICAN MINES
Paper number: 41-14
Program: Theme Sessions
Time: 8:00 AM – 12:00 PM
Authors
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Emma HuntFurman University, Greenville, SC
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Matthew C. CohenFurman University, Greenville, SC
Abstract
In this research, we assess the current state of responsible platinum mining using environmental, social, and governance (ESG) reports. We collected ESG ratings reports, published in 2023 for five South African platinum mining companies: Anglo American, Impala Platinum, Northam, Royal Bafokeng and Sibanye-Stillwater. Using the software MAXQDA, we conducted a qualitative content analysis of the ratings reports, coding for effective responsible mining practices. The results indicate that the studied companies are doing best in the categories of community support programs, committing to refraining from operations in protected areas, and biodiversity impact assessments. The practices that have the most room for improvement are local hiring, community impact assessments, natural ecosystem protection programs, and rehabilitation of disturbed areas with continuous operation. None of the companies received high scores for local hiring with none having a 90% percent or higher local workforce, nor community impact assessments with none using free, prior, and informed consent (FPIC) principles. This research indicates that South Africa’s platinum mining companies should increase the use of responsible mining practices to prevent continued social conflict and environmental degradation.
Geological Society of America Abstracts with Programs. Vol. 56, No. 2
doi: 10.1130/abs/2024SE-397349
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