Shandong Gold Mining

No leading practices were identified for the company in the governance and strategy area.

No leading practices were identified for the company in the ecosystems and biodiversity area.

No leading practices were identified for the company in the social inclusion and community impact area.

Sustainability strategy and accountability
Shandong Gold Mining discloses its process for identifying and prioritising its most relevant sustainability impacts as well as the outcome of this process, in relation to its sustainability strategy. The company does not disclose group-wide targets on key sustainability topics for the most material parts of its value chain. The company does not report consistently against all its targets.
While Shandong Gold Mining discloses its remuneration policy, no evidence was found that the company links performance criteria in senior executives’ remuneration policies to targets and objectives which cover nature, including biodiversity, and social issues. The company does not disclose whether its highest governance body has expertise regarding nature-related topics.

Stakeholder engagement
Shandong Gold Mining discloses an overview of the issues raised during its stakeholder engagement activities. The company discloses how often and through which channels it engages with various stakeholder groups.

Lobbying
Shandong Gold Mining does not report on its lobbying and advocacy practices on nature-related issues, nor whether these activities align with its sustainability strategy.

Impact and dependencies assessment
Shandong Gold Mining has not holistically assessed its impacts or how it depends on nature, including biodiversity. It has an opportunity to start such an assessment across its value chains, focused on quantification of its impacts or dependencies.

Key areas and species
Shandong Gold Mining does not disclose key species or areas important for biodiversity affected by its operations or suppliers. It has an opportunity to increase its transparency.

Ecosystem conversion and restoration
No evidence was found regarding Shandong Gold Mining’s efforts to avoid ecosystem conversion, including deforestation, or promote restoration. While the company mentions its focus on implementing the reclamation of the mind land, no evidence the company has a strong commitment regarding the restoration of ecosystems has been found in the public domain. The company has an opportunity to develop a strategy and publicly report on specific, time-bound targets.

Resource exploitation and circularity
No evidence was found regarding Shandong Gold Mining’s efforts to work towards a circular economy or which organisms it exploits. The company has an opportunity to develop a strategy and publicly report on specific, time-bound targets. While the company mentions preventing soil erosion in mining activities, it is unclear what specific measures have the taken on improving soil health or agrobiodiversity in its production or sourcing practices. The company does not disclose a target to improve soil health in its production or sourcing practices.

Water
Shandong Gold Mining does not disclose relevant information related to water, in its operations or supply chains. While the company discloses data on wastewater discharge and its intensity, no evidence that the company provides quantitative evidence of reductions in water withdrawal in its own operations has been found in the public domain.

Solid and air pollution
While Shandong Gold Mining provides practices on management hazardous waste, no evidence the company discloses measures on reducing the production of hazardous waste. The company reports some activities to reduce plastic use and waste in its own operations, disclosing its practice of using paper and degradable plastic packaging. No evidence that the company reduces plastic use and waste in its own operations was found. The company does not report on the amount of plastic waste generated and proportions directed from or to disposal.
Shandong Gold Mining reports regularly on smoke dust, NOx, SO2, and particular matters (PM) as air quality parameters of emissions of harmful air pollutants. The company does not report time-bound targets to reduce air pollutants across the most material parts of its value chain.

GHG emissions
Shandong Gold Mining does not disclose any greenhouse gas emissions, nor has it set a time-bound reduction target. The company must immediately set a reduction target aligned with the Paris Agreement’s 1.5-degree trajectory.

Invasive species
Shandong Gold Mining has not identified any activities that could lead to the introduction of invasive alien species in its own operations.

Safe, clean, healthy and sustainable environment
Shandong Gold Mining does not disclose a commitment to respecting local communities’ right to a safe, clean, healthy and sustainable environment. While the company organizes and participates in several community welfare events, no evidence the company tracks its actual or potential negative impacts on the health of local communities has been found in the public domain. The company is not committed to zero tolerance for acts of violence, threats, intimidation or judicial harassment committed against land and environmental rights defenders.

Indigenous peoples’ and land rights
Shandong Gold Mining does not disclose a commitment to respecting Indigenous Peoples’ rights or land rights of local communities.

Shandong Gold Mining has an opportunity to describe a comprehensive process for identifying its human rights risks and impacts across all its activities, especially through its business relationships.  The company has an opportunity to describe a process for assessing the human rights risks it has identified and to disclose what it considers to be its salient human rights issues. A description of this process would include how relevant factors are considered, such as geographical, economic and social factors. No evidence was found that the company has a global system to act on its salient human rights issues.
While Shandong Gold Mining discloses the categories of stakeholders it engages with generally on sustainability issues, it is not clear if these stakeholders are those whose human rights have been or may be affected by its activities. No evidence that the company provides examples of its engagement with stakeholders whose human rights have been or may be affected by its activities was found.

There is no evidence that Shandong Gold Mining has a publicly available policy statement committing it to respect the health and safety of workers. While the company discloses that it complies with the national and regional laws for salaries and wages, it has an opportunity to disclose a time-bound target for paying all workers a living wage or that it has achieved paying all workers a living wage. The company has an opportunity to disclose the coverage of collective bargaining agreements. The company has an opportunity to describe how it works to support the practices of its suppliers in relation to freedom of association and collective bargaining.

No evidence that Shandong Gold Mining has a publicly available global tax strategy was found. The company has an opportunity to disclose a policy on bribery and corruption and its processes for identifying and addressing bribery and corruption.  The company does not disclose its approach to lobbying and political engagement in a public policy document.