accountable MINING

business integrity

Business integrity

Companies can catalyse change through their anti-corruption and business integrity policies, procedures and practices.

To do so, mining companies must get things right from the start. This means implementing robust and effective anti-corruption procedures when seeking to secure mining licences and permits or to invest in or acquire an existing project. 

Mining companies, industry associations, investors and professional advisors like lawyers and impact assessors have a key role to play in rejecting and preventing corrupt behaviour in the mining sector. High industry standards can also have a positive, demand-side effect that encourages government reform for enhanced anti-corruption, transparency and accountability in the licensing process.

Business integrity in mining sector

Why we focus on licensing

The licensing phase of a mining project is particularly susceptible to corruption. A quarter of all corruption cases in the oil, gas and mining sectors globally arise at the very start of those extractive projects. Corruption affects project viability, the company’s reputation and relationships with investors and business partners.

At a time when social licence to operate is regarded as the top business risk facing the mining industry, having effective systems in place to detect, prevent and manage corruption risks is a business imperative both to ensure compliance with applicable laws and because it is good for business.

Who we work with

We work with mining companies of all sizes to improve business integrity standards and practices – from junior to mid-tier to major companies. We engage with national mining associations and global bodies and investors. We have presented at and alongside the African Mining Indaba in Cape Town, the International Mining and Resources Conference in Melbourne, and PDAC in Toronto.

Together with our partners at the International Council on Mining and Metals (ICMM), World Economic Forum and EITI, we bring together companies to discuss emerging business integrity issues. We are connecting our local partners in more than 20 countries with mining companies. Get in touch to learn more.

Serena Lillywhite
mining

Responsible Mining Business Integrity Tool

This online and interactive self-assessment tool helps mining companies evaluate and strengthen their anti-corruption controls and procedures with a focus on project licensing, permitting and acquisitions.

Features of the tool:

  • Unique user account to complete the assessment over time
  • Indicators based on close to 40 existing international best practices standards and frameworks
  • Assessment of both the design and effectiveness of anti-corruption policies
  • Customised report with results and recommendations identifying areas for improvement and key strengths to highlight to external stakeholders

Anti-Corruption Guide for Junior Mining Companies

Transparency International’s Anti-Corruption Guide for Junior Mining Companies is designed to help smaller mining companies understand and manage corruption risks during licensing and permitting in high-risk jurisdictions.

The guide features:

  • Guidance on five high-risk situations
  • Practical scenarios, red flags and actions
  • A list of anti-corruption policies and procedures
  • Recommended resources and sample materials
Aerial view of a mining site with red dirt and trucks
Lithium

Investor brief on corruption and ESG screening

This briefing paper for investors explains how corruption affects environmental, social, governance (ESG) outcomes in mining and what investors need to do to ensure they are investing responsibly.

It details three key areas for due diligence on mining investments: country risks, licensing risks and company risks.

To help investors, this briefing paper sets out:

  • Why corruption risks should be included as part of ESG screening
  • What corruption risks and red flags should be screened
  • How investors should respond when they detect corruption risks

Tools and publications

business integrity

business integrity Factsheet

Having effective systems in place to detect, prevent and manage corruption risks is a business imperative.

Responsible Mining Business Integrity Tool

Responsible Mining Business Integrity Tool

With indicators from close to 40 international best practice standards and frameworks, our online and interactive tool helps mining companies evaluate and strengthen their anti-corruption controls and procedures.

Junior Miners Guide cover

Anti-Corruption Guide for Junior Mining Companies

This guide helps smaller mining companies understand and manage corruption risks during licensing and permitting in high-risk jurisdictions.

Investor Briefing Paper cover

Investor briefing paper

This briefing paper for investors explains how corruption affects environmental, social, governance (ESG) outcomes in mining and what investors need to do to ensure they are investing responsibly.

covid mining

Corruption Risks in the Pandemic Era

Our research examines the current and future impacts of the COVID-19 pandemic on corruption risks in the licensing and permitting of large-scale mining projects.

Insights