Reducing corporate risk through adoption of the International Mine Site Restoration Standards

The Taskforce on Nature-related Financial Disclosures (TNFD) will be released in September 2023 with rapid adoption predicted.

The TNFD is accelerating the focus of biodiversity as a business risk with companies needing to understand and report on biodiversity.

Mining companies signatory to the TNFD will soon disclose their impacts on Nature reporting to a series of metrics.

In a rapidly evolving space, this presentation will provide an overview of the current landscape including:

• TNFD and what it means for the mining sector
• The role of mine site restoration in minimising nature-based risk
• Where there may be opportunities for mining companies to achieve nature positive
• The SER International Mine Site Restoration Standards and how they can be incorporated into business models to support the adoption of the above.

Dr Renee Young has worked with the mining sector for the past 15 years recently publishing the SER standards for Mine Site Restoration which has seen wide uptake around the world as mining companies look to improve environmental performance ahead of TNFD.