SRI: extraction industries under the microscope

Since July, BNP-Paribas has been applying a SRI policy specific to the mining sector.  Worldwide, extraction industries are the most criticized for their negative impact on the people.  (Ref.  13767)
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“We won’t fund mining projects in the middle of an active armed conflict zone, where child or forced labor is used, and not in keeping with the criteria defined by the ILO in terms of health and safety in the mines. We exclude artisanal mining and small-scale mining, and we refuse to fund mining projects that don’t have a health and safety management plan or a history of these issues in case an existing project is growing. These are mandatory social criteria,” warned Elisa Vacherand, policy o

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