The global mining industry experienced a 18% rise in compound annual growth rate (CAGR) in company filings mentions of environmental, social and governance (ESG) affairs since 2020. Key companies in terms of mentions include PT Aneka Tambang Persero, BHP and Aurubis, according to GlobalData’s analysis of over 21,000 mining company filings.  

Notably, since 2020, environment was the most referenced ESG theme in terms of mentions, followed by governance and social, according to GlobalData's Company Filings database. Mentions related to ESG increased by 20% year-on-year in 2021 and by 3% year-on-year in 2022.

Of the 50 leading companies in the mining industry, CNH Industrial had the highest year-on-year increase in references to ESG in 2022. GlobalData identified 1,540 ESG related sentences in the company's filings in 2022, 1% of all sentences. Meanwhile, Polyus had the highest year-on-year increase in references for ESG in 2021. GlobalData identified 951 ESG related sentences in the company's filings in 2021, less than 1% of all sentences.

GlobalData’s Company Filings Analytics also applies a sentiment weight to reference sentences, based on how positive the sentiment has turned. Sentiment score is based on the level of positivity on a scale of 0 to 1. The average sentiment score for ESG in 2022 was 0.71, which was more positive compared to the average industry sentiment of 0.62.