Coupland: Gold is still the safe haven – The Daily Dive
Fortescue Metals and Boliden are among the companies best positioned to benefit from future ESG disruptions in the mining industry, our analysis shows.
The rating comes from GlobalData’s Thematic Research ecosystem, which ranks companies on a scale of one to five based on their likelihood of addressing challenges such as ESG and emerging as long-term winners in the mining sector.
According to our analysis, Fortescue Metals, Boliden, Gold Fields,polyus, Polymetal International and AngloGold Ashanti are the companies best positioned to benefit from investing in ESG, all of which are rated five out of five by GlobalData. Thematic Scorecard.
The table below shows how GlobalData analysts have ranked the largest companies in the mining industry in terms of their ESG performance and the number of new ESG jobs, deals, patents and mentions in company reports since January 2021.
The last column in the table represents the overall score this company received in relation to its current ESG position compared to its peers. A score of five indicates that a company is a dominant player in this area, while companies with a score of less than three are prone to being left behind. These are relatively easy to read.
The other data points in the table are more nuanced and show recent ESG investments across a range of areas over the past year. These metrics give an indication of whether ESG is currently high on the minds of executives, but high numbers in these areas are just as likely to reflect desperate attempts to catch up as they represent real strength in ESG.
For example, a high number of mentions of ESG in quarterly company filings could indicate that the company is either reaping the rewards of past investments or needs to invest more to keep up with the rest of the industry. Likewise, a high number of deals could indicate that a company is dominating the market or that it is using mergers and acquisitions to fill gaps in its offering.
This article is based on GlobalData research numbers as of January 21, 2022. For more current numbers, visit the GlobalData website.
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