For the love of the game: De Beers Consolidated Mines awarded for its conservation efforts
De Beers Consolidated Mines (DBCM) has won the Wildlife Ranching SA award for ‘Biodiversity and Social Responsibility’, in recognition of its approach to ecological management, De Beers Group announced today.
The company picked up the accolade for its approach to ecological management at four private game reserves it runs in the Northern Cape and Limpopo Provinces.
Judges singled out DBCM’s “disciplined approach” as being “best-in-class in the industry” and referenced the success of its sustainable wildlife management practices and promotion of wildlife tourism.
De Beers Wildlife, a part of DBCM, manages around 67,000 hectares of land in the Kimberley area of the Northern Cape.
It began to introduce a variety of species, including elephants, hippopotamus and crocodiles, at its ranches in the early 1970s and was one of the first breeders of disease-free buffalo in South Africa.
It also safeguards more than 35 species on its sites that are classed as either endangered, threatened or protected, and hosts viable populations of sable, roan and tsessebe antelope.
Piet Oosthuizen, Senior Manager, Ecology and DBCM Properties, said: “As a company, we have had a strong focus on biodiversity management for many years. For every hectare of land affected by our mining activities, De Beers Group manages five times that amount for conservation.
“Managing game animals is a privilege and we make sure we do so in a manner that contributes value to the ecosystem without losing sight of the responsibility this brings with it.”
De Beers Wildlife is also involved in various conservation-related youth programmes, including providing post-school training, in partnership with the Northern Cape Nature Academy, to support students who want a future in the game industry.
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De Beers passes Newmont to lead ESG ranking of global miners
The world’s biggest diamond producer may not be the first name that comes to mind in a ranking of top environmental, social and governance (ESG) performers. But that’s what the latest industry survey revealed.
De Beers scored the highest in London-based Alva’s quarterly rating of ESG perceptions this week gleaned from publicly available content from social media to NGO research. The unit of Anglo American Plc snagged the top spot in the first quarter from gold heavyweight Newmont due to an increased focus on equality and sustainability.
The report showed the mining industry as a whole lifted its ESG rating amid a string of greenhouse-gas pledges, which offset water management and waste concerns. Companies around the world, particularly raw-material producers, are stepping up sustainability efforts amid heightened scrutiny by the general public and investors. ESG and value-focused exchange-traded funds recorded net inflows of $89 billion in 2020, almost three times 2019 levels, according to Bloomberg Intelligence.
Sibanye Stillwater Ltd. scored the second-highest in Alva’s ratings report and showed the biggest improvement from the previous quarter due to its partnership with Johnson Matthey Plc to find more efficient uses of critical metals used in batteries.
Vale SA scored the lowest ESG rating despite reaching a settlement with Brazilian authorities over a 2019 dam disaster. Vale’s result “is a combination of greater visibility around the original negative story and then dissenting voices on the settlement itself,” said Alastair Pickering, co-founder and chief strategy officer at Alva.