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Sustainability reporting software for mining & minerals
The mining and minerals sector is under growing scrutiny and pressure from customers, employees, investors and legislators to be transparent and take real action on environmental, social and governance (ESG) issues.
Sustainability reporting is rapidly moving from voluntary to mandatory, with significant real-world consequences as new compliance requirements roll out.
Mining executives rank ESG as the biggest risk to their business for the third year in a row. 1
Mining and minerals organisations must now be able to produce finance-grade sustainability reports that track key sustainability indicators, including GHG emissions (Scopes 1, 2 & 3), water, energy, air quality, waste, hazardous materials, pollutants and other climate and nature-related risk factors.
To achieve this, sustainability data must be accurate, unalterable, auditable and in an approved digital format.
A new era of legislated accountability has arrived, with a host of new regulations coming into force.
Failing to comply exposes organisations to many potential risks, so preparing the systems and data needed to meet granular finance-grade reporting requirements is a priority.
Inability to comply could lead to:
While the first step is preparing the data and tools you need to meet today’s reporting regulations, this process also equips you to progress onto more sophisticated value-adding capabilities such as:
Wherever you are along your sustainability reporting journey, MI Sustainability provides a flexible roadmap from ticking today’s compliance boxes through to advanced environmental, social and governance (ESG) capabilities.
Stage 1 |
Stage 2 |
Stage 3 |
Stage 4 (ongoing) |
|---|---|---|---|
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Centralise and organise data from multiple sources and report according to regulatory frameworks. |
Automated data capture, cleansing, organisation and validation to deliver accurate and auditable sustainability reports. |
Finance-grade reporting and automated validation using a mass and energy balance and calculation of product carbon footprinting (PCF). |
Granular analysis to plan, execute and evaluate your decarbonisation roadmap. It includes complex forecasting, transition planning, scenario analysis and process optimisation. |
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|
|
|
Stage 1 |
Stage 2 |
|---|---|
|
Centralise and organise data from multiple sources and report according to regulatory frameworks. |
Automated data capture, cleansing, organisation and validation to deliver accurate and auditable sustainability reports. |
|
|
Stage 3 |
Stage 4 (ongoing) |
|---|---|
|
Finance-grade reporting and automated validation using a mass and energy balance and calculation of product carbon footprinting (PCF). |
Granular analysis to plan, execute and evaluate your decarbonisation roadmap. It includes complex forecasting, transition planning, scenario analysis and process optimisation |
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Features
| MI Sustainability Standard |
MI Sustainability Advanced |
MI Sustainability Expert |
MI Sustainability Enterprise |
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|---|---|---|---|---|
| Delivered as a secure cloud Software as a Service (SaaS) platform | ||||
Sustainability reporting consulting (optional)
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| MI Sustainability software licence (including enhancements and updates) | ||||
Selection of software modules
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| Manual and bulk data capture | ||||
| Automated data integration / centralisation | ||||
| Automated data organisation and validation | ||||
| Automated reporting on sustainability indicators as per legislative frameworks | ||||
| Solutions fully configured to the specific processes and chemistry of your plant | ||||
| Automated data validation using a mass and energy balance configured to your site/s | ||||
| Automated data gap calculation and analysis | ||||
| Built-in alerts and monitoring | ||||
| Set multiple custom reporting boundaries – e.g. financial, operational control, product-based | ||||
| Adjust reporting to evolving frameworks | ||||
| Product carbon footprinting (PCF) | ||||
| Audit trail to source data | ||||
| Extract data in digital machine-readable format for regulatory submissions | ||||
| Transition planning for decarbonisation targets | ||||
| Scenario analysis for varying decarbonisation initiatives, climate resilience assessments, and forecasting and budgeting | ||||
| Ongoing training and support (optional) |
Digital solutions can reduce global emissions by up to 20%.
Data transparency, digital talent and partnership will be key ingredients to technology adoption at scale.2
World Economic Forum
Available as a stand-alone solution or an add-on to MI Core, MI Sustainability enables you to produce accurate data-driven sustainability reports to satisfy evolving global legislative frameworks and set and achieve decarbonisation targets.
Unique in the market, MI Sustainability is:
Complex mining and minerals organisations require a specialised approach to sustainability reporting. Best practice reporting requires granular mass balance tracking at every step of the production process across the value chain, which is not possible without advanced digital tools.
There are significant growth opportunities for innovative organisations willing to embrace the new data-driven era and move fast.
From under reporting sulphuric acid emissions by 26% to paying millions for unused power over time, we look at three examples where our digital sustainability platform delivered tangible results.
Our solution helps this industrial leader in Africa meet tighter compliance regulations, track electricity use, minimise their carbon tax bill and deliver mandatory auditable reports.
We empowered a battery producer to cut emissions and waste by measuring an accurate reporting baseline, setting targets and testing scenarios using steady-state simulation technology.
