Mining may seem at odds with sustainable investing, but it’s essential to the global transition to a low-carbon future. Australia has a geological advantage in that many of the materials critical for the global energy transition are found in abundance. Iron ore, copper, lithium and rare earths can all be found in its mineral-rich terrain. These critical minerals form the backbone of renewable energy, electric vehicles and battery storage.
At U Ethical, we use an active management approach to identify mining companies innovating to reduce their environmental footprint while supplying the materials needed for decarbonisation. We believe that, with the right strategies and accountability, these companies can be instrumental in enabling a sustainable and resilient low-carbon economy.
This article explores the mining industry and the role it plays in the transition to a sustainable future.
Author
Taylor Halliday, Investment Specialist