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Panel on Human Rights in Mining Sector- Forum on Business and Human Rights 2018
26 Nov 2018 -  Background to the discussion:
In January this year, Blackrock’s Chairman and CEO, Lawrence Fink, wrote an open letter to business leaders noting that, “to sustain… performance, you must understand the societal impact of your business”. Businesses have the potential to impact society in a range of ways, negatively and positively. Implementing the UN Guiding Principles allows companies to understand and address some of these potential impacts as they relate to human rights.
Good governance and a strong board are critical to making respect for human rights part of how business gets done, thereby advancing a range of human rights in society, while protecting and creating value for the business. As Fink noted, “a company’s ability to manage environmental, social and governance matters demonstrates the leadership and good governance that is so essential to sustainable growth.” Board engagement is essential to improved performance over the long term, in providing rigorous oversight and accountability, in developing strategy and articulating purpose and responding to questions that are increasingly important to its investors, its consumers, and the communities in which it operates.

Key questions:
What does the board see from a governance perspective and what expertise do they bring to the table?
What do they discuss and how do they work with their CEO and management team in and out of the boardroom to manage risks to business and risks to people, reputation and long-term value to shareholders? What challenges and opportunities do they see for improving performance in their sector?
Jane Nelson, Board member of Newmont, will offer her perspective on why this agenda matters to Newmont and how she is working with Newmont’s leadership to drive it forward, including highlighting some of the challenges they face in practice.
Human rights have long been a concern of socially responsible investors, but there are indications that human rights are moving onto the agenda of mainstream investors. Why does this matter to investors and what do they expect to see in terms of board oversight and governance?
Tom Butler, CEO of ICMM, a CEO -led association of 27 global mining companies, will talk to the commitments ICMM member companies make on board oversight and governance and share reflections from the industry on investor engagement on social issues and human rights.
Moderator/ Introductory Remark...
• Caroline Rees - CEO, SHIFT
Speakers:
• Tom Butler - CEO, International Council on Mining and Metals
• John Howchin - Secretary-General, Council on Ethics, Council on Ethics, Swedish National Pension Funds
• Andy Jones - Head of Mining, Hermes Asset Management
• Jane Nelson - Director of Corporate Responsibility Initiative and Newmont Board member, Harvard Kennedy School

Forum on Business and Human Rights)