Supply Chain Council of European Union | Scceu.org
Supply Chain Risk

Mining projects and new climate risk disclosure requirements | Letters To Editor

Mining projects and new climate risk disclosure requirements

To the editor: The Securities Exchange Commission is gearing up to release new climate risk disclosure requirements. These upcoming laws would change things for the Ambler Road Project and the Manh Choh Mine material expedition.

Tanana Chiefs area tribes have expressed their concerns about the Ambler road project because it would cut through untouched wilderness, cause waterway pollution, and disturb many types of wildlife that depend on the lands.

The list goes on about the concerns with the Manh Choh project, mainly the amount of extremely large trucks that will crowd the Richardson Highway which would be dangerous for ordinary drivers; the destruction of the roads by the influx of such enormous vehicles using the highway; and the amount of pollution caused by such vehicles.

By the time these proposed projects would actually begin, the new SEC climate risk disclosure requirements are likely to have come to pass. Instead of trying to rush these high-risk projects through, mining companies need to reassess their numbers to reflect the SEC’s proposed climate risk disclosure requirements.

Our world is grievously facing climate change. Everything we do effects the future of our global environment.

It would be shamefully reckless to start such mining projects without proper promulgation of their climate risks.

Related posts

Russell Wilson trade chatter expected to pick up next off-season

scceu

Analysis: Cheap and unloved UK Plc still can’t shake risk discount

scceu

The world’s wettest place in North East India is witnessing a decline in rainfall

scceu