Leading with sustainability in mining

While there is still much work to be done as the Philippine mining industry continues to adopt the TSM Protocols, the initiative is clearly facilitating transformation within the sector.

- KATRINA F. FRANCISCO

As the mining and metals industry grapples with operational complexities, the need for sustainable practices has never been more pressing. The Towards Sustainable Mining (TSM) initiative emerges as a vital framework for the Philippine mining sector, emphasizing that the operational resilience of mining companies is closely linked to the eight protocols it encompasses. This article delves into the TSM initiative, examining its impact on sustainability commitments and the challenges that lie ahead.

OPERATIONAL RESILIENCE AND TSM PROTOCOLS

The TSM initiative is designed to guide mining companies in their sustainability efforts, focusing on critical areas such as Safety and Health, Community Outreach and Social Development Management, Climate Change, Water Stewardship, Biodiversity Conservation Management, Tailings Management, Preventing Child and Forced Labor and Crisis Management and Communications Planning. Each protocol addresses specific issues, yet they are interdependent, highlighting the need for a holistic approach to sustainability.

The interconnection between operational resilience and the eight TSM protocols is crucial for the long-term sustainability of the mining industry. They collectively form a comprehensive framework that enhances a company’s ability to adapt and thrive in a complex environment. For instance, effective Water Stewardship not only ensures the responsible use of water resources but also mitigates risks associated with climate change, which can impact water availability and quality, both of which are crucial for mining operations.