The Wintawari Guruma Aboriginal Corp. (“WGAC”) recently publicized its plans to issue a scorecard that rates miners in Western Australia on how well they observe the ESG (environmental, social and governance) standards. The scorecard focuses on the following elements: ESG reporting, relationships with native title holders, caring for the environment, regulatory compliance and heritage surveys.
The company speaks for the Eastern Guruma area, which is located in the Pilbara region and is rich in iron ore. The company hopes that its idea will highlight the importance of ESG standards for both the public as well as investors. This development comes after the destruction…
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