- Industries
- Materials
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From mining, to production of metals, construction materials and forestry, the material sector has an outsized environmental impact and policy relevance for sustainable development. Organisations must adapt to demands for responsible mining, sustainable production and environmentally-conscious forest management.
The mining & metals industry, encompassing metals and non-metallic minerals, faces significant sustainability-related risks and opportunities. These include biodiversity impacts, water scarcity, greenhouse gas emissions and waste management. Addressing these challenges through innovative technologies and efficient resource use can enhance operational efficiencies and mitigate regulatory and reputational risks.
The construction materials industry generally recognises material sustainability-related risks regarding managing biodiversity impacts from quarrying, mitigating water scarcity, reducing greenhouse gas emissions and ensuring product safety. Innovations in eco-friendly materials and processes along with regulatory compliance drive long-term growth, cost efficiency and competitive advantage.
The forestry and paper industry discloses material risks in terms of managing lifecycle environmental impacts, water scarcity and biodiversity loss from quarrying. Opportunities arise from innovations in sustainable practices, efficient resource use and compliance with increasing regulations, driving value creation and reducing operational risks.