Mining companies are forced to confront a complex array of site-specific environmental, health, safety and social risks that workers face day-to-day. How can technology help save costs and drive greater efficiency in EHS and sustainability management?
To find out, IsoMetrix engaged independent research and consulting company Verdantix to conduct anonymous telephone interviews with 52 EHS and sustainability executives in mining companies across the United States, Canada and Australia. Participants primarily came from large enterprises with more than $500 million in annual revenue. This research provided an in-depth view of how global mining companies are using technology to manage risk, as well as deeper insight into the challenges they face.
Respondents were asked about the maturity of their current technology; their processes for reporting; and the barriers to realizing a single enterprise-wide solution.
The research shows a majority of mining companies use multiple different technology tools that are either siloed or only partially integrated.
This lack of integration means many of these companies are struggling to realize the expected benefits of their technology investments, with the monthly reporting activities of the survey respondents alone, costing these firms almost US$1 million in employee time.
The report considers what mining companies can do to maximize the value realized from their EHS and sustainability technology investments. And concludes with six steps leaders can take to enable their technology vision.
For the last 20 years, global mining companies have trusted IsoMetrix to help manage their Environmental, Health, Safety and Social risks.
IsoMetrix understands the best practices that need to be applied in order to manage leading indicators to meet both regulatory requirements and strategic objectives.