The World Gold Council says its members have committed to reporting their positions and progress on climate-related risks in line with the recommendations of Taskforce for Climate-related Financial Disclosures (TCFD).

It describes its members as ''33 of the world''s most forward-thinking gold miners'' and they include AngloGold Ashanti, Barrick Gold, Newcrest Mining, Sibanye-Stillwater and Zijin Mining.

 It said the unified approach on climate-related reporting further clarified commitments embedded in the WGC''s Responsible Gold Mining Principles, which required companies to take action to combat climate change and report in line with accepted standards.

''Having our member companies commit to reporting via TCFD will help further demonstrate the industry''s determination to address climate-related risks and report on its progress in a clear and transparent way,'' CFO Terry Heymann said.

''Climate change is the biggest threat of the 21st century and all industries need to show progress in responding to this.''

Source: Mining Journal