The Mining Industry Facing Challenges Driven by the Sustainable Development Idea

Abstract

The climatic crisis and its consequences are the issues provoking and an extensive discussion among various parties. A fierce pressure on authorities and, indirectly, on business representatives was posed by the UN in 2015 by adopting the “2030 Agenda” (Sustainable Development Goals). 193 countries have declared the willingness to join the initiatives aimed at sustainable development. How has the business answered to that call? Is any progress being made in the traditionally polluting industries, i.e. the mining sector? Does it mean that their time has come to an end? The above is one of many doubts rising upon getting familiar with the SDG. In the meantime, it turns out that the business, including the environment-harming industries, is learning how to benefit from the new order and make it their competitive advantage. The sustainable development initiatives are being reflected in the vast majority of mining companies’ strategies. Directions set by the principles of sustainable development are aimed at bringing benefits for the business environment. However, we can already see that there is a clear tendency of companies attempting to make use of their responsible and sustainable approach. They consider it as an important part of their future success.