LOADING

Type to search

CEO of Agnico Mines Sean Boyd Says Mining Companies Understand ESG – World Economic Forum

CEO of Agnico Mines Sean Boyd Says Mining Companies Understand ESG – World Economic Forum

Sean Boyd, CEO of Agnico Eagle Mines with Matt Bird at World Economic Forum (Davos, Switzerland)

HIGHLIGHTS

  • Agnico opened two new gold mines in Canada
  • Agnico has mines in Canada, Mexico, Finland, U.S., and Sweden
  • Agnico finished top 5 market cap

Agnico Eagle Mines drills in remote regions like Nunavut in Northern Canada. There is so little development in Nunavut that the mining company has to build its own roads, which creates local jobs and local infrastructure. This sort of community investment, as described by CEO Sean Boyd, is exactly why mining companies actually understand sustainability and ESG principles more than people think.  

“For most companies in the mining space, ESG is not new. As a mining company, you have to earn your social license to operate those projects every single day. So we are not sitting here as an industry all of a sudden being hit on the side of the head by ESG coming out of the blue. That’s what we live with every day,” Boyd told Matt Bird, Host of the Traders Network Show, at the 2020 World Economic Forum in Davos, Switzerland. “There is no question that there are bad actors in every industry, and, unfortunately, industries get tarred by the bad actors.”

Boyd says his company brings benefit to the places where it mines.

“This conference is focused on ESG, and we are able to make the case from a mining perspective where we’re having a positive impact. We’re giving opportunity, we’re providing jobs,” he said. “The best social program is a job.”

Boyd believes that message gets lost.

“We’re here in Davos to tell that story, because that story isn’t told and it needs to be told.”

Topics

Related Articles

Leave a Comment

Your email address will not be published. Required fields are marked *

LOADING

Type to search

Blog

GameChange Solar Brings Utility-Scale Tracker Technology to New Zealand
Monsoon Wind Powers Up 600 MW, First Cross-Border Wind Farm in Asia
Hong Kong Positions Itself as Global Hub as 90% of Family Offices Integrate ESG
Enfinity Global Secures $341M to Build 276 MW of Solar Projects in Italy
thyssenkrupp Nucera Acquires Green Hydrogen Systems Assets
Neuberger Berman Joins Blackstone in Backing Sustainability Software Provider Sphera
Ghana, Singapore Forge Sustainable Development and Carbon Market Partnership
Diginex, SGS Strengthen Alliance to Scale Sustainable Finance Solutions
Iberdrola España Starts Commissioning of €200M Ciudad Rodrigo Solar Plant
Protecting Nature Could Unlock Growth and Jobs, Says World Bank Report
image of the Triibe team on stage during event
Trump Administration Cuts $679 Million in Offshore Wind Funding
Thailand’s Tourism Authority Drives ESG Tourism to Boost Community Income, Global Recognition
PepsiCo Reports 2024 Progress on pep+ Sustainability and Nutrition Goals
RBI to Integrate Climate Resilience into India’s Financial System
BlackRock, LGIM Face $34 Billion Loss in Dutch Pension Shift
Denmark to Launch EU-Standard Green Bonds, Raising the Bar for Sovereign Issuance
RMI Welcomes 18 Climate Tech Innovators to Drive Global Decarbonization
Rolls-Royce, Microsoft Back HVO as Low-Carbon Fuel for Singapore Data Centres
Temasek’s GenZero Commits to Climate Impact Milestone by 2028
","session_id":"ep-sess-1760510917-5RKiDAon","page_url":"https:\/\/esgnews.com\/ceo-of-agnico-mines-sean-boyd-says-mining-companies-understand-esg-world-economic-forum\/","post_id":"5680","tracking_enabled":"1","original_referrer":"","has_embedded_content":""}; /* ]]> */