Nature Positive: Role of the Mining and Metals Sector 19 Note: This table is non-exhaustive. For more tools and guidance, see High-level Business Actions on Nature and The Nature Strategy Handbook. Selected tools and guidance available for ACT-D high-level actions TABLE 1 Assess Consult the locate-evaluate-assess-prepare (LEAP) approach and metals and mining sector guidance79 from TNFD. Follow the technical guidance to assess80 and prioritize81 from SBTN. Consult the Organisation for Economic Co-operation and Development’s (OECD) due diligence guidance on mineral supply chains, and conflict-affected and high-risk areas.82 Commit Set NNL or BNG targets for all sites, using the International Finance Corporation’s (IFC) Performance Standard 6 for guidance.83 Follow the approach the International Union for Conservation of Nature (IUCN) is developing to measure nature-positive84 and set targets. Set science-based targets, taking inspiration from the technical guidance provided for freshwater and land by SBTN.85 For climate, refer to the guidance from the SBTi. Transform Take inspiration from the World Economic Forum’s Nature Positive Transitions: Sectors report series;86 invest resources and commit management to deliver against clear targets.87 Consult the Initiative for Responsible Mining Assurance’s (IRMA) full documentation and guidance,88 The Copper Mark standards89 or the Aluminium Stewardship Initiative (ASI) performance standard.90 Follow the mitigation hierarchy at a site-level for direct operations, across the mine life cycle.91, 92,93,94 Disclose Consult the final recommendations95 from TNFD for nature-related disclosures. For climate, refer to the ISSB guidance on disclosure of sustainability-related financial information and climate-related disclosures.96 Use CDP’s disclosure platform, which includes guidance on climate change, forests, water security, biodiversity and plastics.97 Consult the Global Reporting Initiative’s (GRI) sector standard for responsible mining.98 Nature Positive: Role of the Mining and Metals Sector 19

Nature Positive Role of the Mining and Metals Sector