Mining firms with higher ESG ratings outperform market – PwC

Mining companies with higher environmental social and governance (ESG) ratings outperformed the broader market during the peak of the Covid-19 crisis, delivering 34% average total shareholder return over the past three years — ten percentage points higher than the general market index,  PwC Africa mining leader Andries Rossouw said on Tuesday. The figures are from PwC’s 18th annual review of the Top 40 mining companies - Mine 2021 – which examines the global trends in the mining industry and which includes South Africa’s Anglo American in ninth place, Sibanye Stillwater in 24th position,  Impala Platinum 29th and AngloGold Ashanti 31st. (Also watch attached Creamer Media video.)

from Engineering News | Home https://ift.tt/350Fual