The death of George Floyd in the US on May 25 significantly raised global awareness of racial and cultural issues. Within this environment, giant resources company Rio Tinto attracted opprobrium for the destruction of an indigenous sacred site in Western Australia during the expansion of an iron ore mine.
In light of this, how might ESG (environmental, social and corporate governance) play a bigger role in resources? Could it impact iron ore supply? What might it mean for the way mining companies are rated?
S&P Global Platts Head of News for Asia Mriganka Jaipuriyar discusses these issues with Platts APAC Head of Metals News and Insight Paul Bartholomew, and S&P Global Ratings Associate Director, Corporate Ratings, Minh Hoang.