LME WEEK 2019: Metals industry needs to do more to tackle ESG issues

Responsible sourcing is top of the agenda for many companies in the metals space, partly driven by the LME’s push for an industry standard, yet an LME Week panel discussion suggested the industry could do so much more.

Speaking at an LME Week 2019 discussion on environmental sourcing on Monday October 28, panelists from APG Asset Management, Trafigura and the World Economic Forum set out how the industry might ramp up its environmental, social, and governance (ESG) initiatives and measure their impact on the industry.  This comes after the LME unveiled its responsible sourcing requirements for key stakeholders last week, outlining three routes to compliance, with a deadline for such compliance set for the end of 2023. The World Economic Forum’s head of mining and metals, Jorgen Sandstrom, said practitioners in the metals industry are often at odds with each other when...


Hassan Butt

October 28, 2019

13:58 GMT