The RIS-INCOME consortium is pleased to share the first results of the project. The software, MineESG, has reached its first functional version, marking a significant milestone in supporting mining companies with ESG (Environmental, Social, and Governance) reporting and regulatory compliance.
MineESG is the first digital tool specifically designed for the mining sector, ensuring alignment with European sustainability standards. By facilitating the creation of non-financial reports, it strengthens transparency and credibility, demonstrating companies’ commitment to responsible and sustainable mining practices.
How the new CSRD enhances ESG reporting
The Corporate Sustainability Reporting Directive (CSRD) introduces a structured framework that will:
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Ensure higher-quality, reliable data to help investors make well-informed decisions.
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Empower stakeholders, including consumers, by providing accessible tools to evaluate corporate ESG performance.
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Standardize reporting through the European Sustainability Reporting Standards (ESRS), making it easier to compare different companies’ activities.
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Strengthen the Social License to Operate (SLO) by promoting transparency, accountability, and fair competition in the sector.
MineESG: A tailored solution for the mining sector
MineESG has been developed with a deep understanding of the industry’s needs and challenges. Its key functionalities include:
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ESG compliance and reporting: Fully compliant with CSRD and aligned with ESRS and XBRL taxonomy, allowing the generation of structured ESG reports using pre-defined templates.
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Semi-automatic data processing: Reduces manual data entry, streamlining the reporting process.
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Real-time ESG performance monitoring: A dedicated dashboard with Key Performance Indicators (KPIs) enables continuous tracking of sustainability metrics.
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Data traceability and security: Ensures the reliability of recorded information, with built-in encryption and verification mechanisms.
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Regulatory compliance validation: Allows checking against requirements to ensure full adherence to applicable sustainability regulations.
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Facilitating the Social License to Operate (SLO): Enhances transparent communication with stakeholders, reinforcing trust and long-term engagement.
In addition to its advanced capabilities, MineESG is designed for ease of use, featuring an intuitive interface, remote accessibility, and compatibility across multiple devices.
Stay tuned for further updates as we continue refining and expanding MineESG’s functionalities to better serve the mining sector.