New extractives index

22 April 2018

 Supported by the Netherlands government, the Responsible Mining Foundation has come up with a new index which helps us compare corporate performance in this sector

The index was launched earlier this month in Geneva. It assesses the policies and practices of 30 of the world’s leading mining corporations in more than 40 countries, using six different performance criteria: impact on economic development, business conduct, lifecycle management, community wellbeing, labour conditions, and environmental responsibility.

Anglo American comes out on top on three of these yardsticks (economic development, lifecycle management and community wellbeing). Many of the companies considered have operations in Peru.

While the index says that some companies have taken positive actions in trying to limit corruption and stem the creation of climate-warming gases, most have done little to curb negative social impacts in the communities affected by their operations. Good policy often does not translate into improved performance on the ground.

The Foundation hopes that the new index will provide solid information which will facilitate transparency and communication between the corporate world and other stakeholders. It plans to update the index every two years.

All articles

  • PSG Aims

    The Peru Support Group exists to promote social inclusion, sustainable development and the observance of human rights in Peru. To that end the PSG highlights shortcomings in observance of established norms, whether international or local in nature, in its research, advocacy and publications. In so doing, it underscores the relationships that exist within the political system, how institutions work, and the effectiveness of policies that aim to reduce poverty and inequality within the context of sustainable development.

  • Historical Overview

    Over the past century Peru has suffered a series of autocratic governments and a civil war in which nearly 70,000 people died. Many of the country's ongoing political and social problems are a legacy of its somewhat turbulent past. 

  • Human Rights

    Human rights violations were widespread during the twenty years after the initiation of armed conflict in 1980. Efforts to convict perpetrators since the war's end have made only limited progress. Today, concerns remain over the treatment of those engaged in social protest, particularly against strategically important investment projects.

  • Why join the PSG?

    • Keep up to date with latest news and developments in Peru
    • Learn about key issues of poverty, development and human rights in Peru
    • Support the work of the Peru Support Group

    Become a member