After nearly two years of being in the pipeline, the World Gold Council (WGC) on Thursday launched its Responsible Gold Mining Principles framework, which recognises the increasing importance of gold mining companies’ adherence to good environmental, social and governance (ESG) requirements. The principles are a framework that set out clear expectations for consumers, investors and the downstream gold supply chain as to what constitutes responsible gold mining, and sets out principles that the WGC believes address key ESG issues for the gold mining sector.
