Positive news on the CSR front for Canada. Two members of the Mining Association of Canada (MAC), IAMGOLD and Teck Resources Limited (Teck), have made the fifth annual Top 50 Socially Responsible Companies list produced by Maclean's Magazine and Sustainalytics.
Companies are evaluated by Sustainalytics on their performance across a broad range of environmental, social and governance indicators. Sustainalytics' research process includes a thorough examination of company documents, media sources, online databases, government sources and NGO research, as well as direct communication with key stakeholders. Of particular interest to MAC, Sustainalytics has recognized the association's Towards Sustainable Mining (TSM) initiative and its work on tailings management as particularly helpful in identifying leaders in the Canadian mining industry.
IAMGOLD, a Canadian-based mid-tier gold producer with mines in Canada, South America and Africa, was recognized for its ongoing work to develop a company-wide biodiversity management program, as well as for implementing a "substantial environmental program to manage its tailings, [which] is aligned with the Mining Association of Canada's Guide to the Management of Tailings Facilities, considered an industry best practice."
Teck, Canada's largest diversified miner with operations in Canada, the United States and South America, was recognized for its strong community engagement practices, particularly with women and vulnerable groups. Moreover, Teck was acknowledged for its work with international organizations and NGOs for its Zinc & Health program that aims to reduce child mortality and illnesses stemming from zinc deficiency.