Mining for Talent 2014

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The report analyses the correlation between company performance (financial, environmental social and governance) and the presence of women on management teams or directorates within the global mining industry. 

Themes that emerged from the report are:

  • It makes good business sense.  Despite low numbers, there is a striking correlation between return on assets and the number of women on boards.  In simple terms, this means that on average, for every £1 invested in a business, those with all male boards have a loss of 2% on their investment and those with two or more women make a return of 6% on their investment.
  • It can preserve the social licence.  Women on boards have made a measureable impact on the level of disclosure as well as the management of environmental, social and governance issues.
The mining industry is slow to change.  There has been just 2% increase year on year of female board appointments to the top 100 global listed mining companies.