CRIRSCO has recently informed PERC of the official release of the ESG Definitions Guide document.
This guideline was approved for adoption at CRIRSCO’s 2024 Annual General Meeting, and following the completion of some final checks, CRIRSCO is pleased to release it into the public domain and wishes to share it with the broader mineral reporting community. This document will be put in the Public Library section on the CRIRSCO website in due course.
The objective of CRIRSCO’s ESG Guide is to introduce and provide suggested definitions for the concepts of the individual elements of ESG, namely environmental factors, social factors and governance factors – collectively referred to as Environmental, Social and Governance Factors (ESG Factors) – as well as their application in public reports. These concepts have been formulated in alignment with other internationally recognized ESG frameworks to avoid conflicting or duplicating disclosure requirements.
As ESG considerations continue to play an increasingly significant role in the minerals industry, CRIRSCO’s ESG guide aims to promote consistency and clarity in reporting. CRIRSCO encourages all members and users of the CRIRSCO Template and aligned national reporting codes (including The PERC Reporting Standard 2021) to draw on the ESG Guide. Feedback from users of the ESG Guide is encouraged, and it will be essential in shaping future versions of this guidance.
CRIRSCO acknowledged the contribution of Teresa Steele-Schober and the other members of CRIRSCO’s ESG Working Group which developed this useful document.
PERC would like to thank Fiona Cessford (one of the IOM3’s representative on PERC) who represented PERC on CRIRSCO’s ESG Working Group.
