Dialogue and Its Role in a Partnership-Based Mining Value Chain
Tuesday, August 27, 2024 |
8:50 AM - 9:05 AM |
Auditorium |
Overview
Florence Drummond, Executive Director, Development Partner Institute
Speaker
Florence Drummond
Executive Director
Development Partner Institute
Dialogue and Its Role in a Partnership-Based Mining Value Chain
Abstract
Shared value is a concept discussed often in the mining industry, but what does it look like in practice? Northern Australia plays a significant role in the global mining and minerals value chain, and shared value practice in the Northern Australian minerals industry has much to contribute as we drive towards a just energy transition.
The minerals value chain, with its roots (literally) in small communities world-wide and its branches reaching into every aspect of modern life, has a unique opportunity to achieve an extraordinary, accelerated just transition with the transformative power of dialogue.
Against a backdrop of increasing demand for minerals and increasing pressure on the environment, political tensions and the growing calls for transparent ESG action, the Development Partner Institute has pioneered a dialogue-based approach to uniting the often-disparate value chain for almost a decade, via our Development Partner Framework.
The Development Partner Framework, created through an award-winning multi-stakeholder approach and backed by titans of industry, is based on the three pillars of shared purpose, flourishing ecosystems and competitive communities, companies and countries. The thread that connects these pillars is dialogue: the foundation on which to build trust and consensus between mining and society.
From our global perspective, Australia has a key part to play in enabling three key outcomes that will keep the mining industry supplying the commodities that the world requires for growth while satisfying (or exceeding) increasingly high standards: a transparent value chain, a collaborative, development partnership-based approach to operations, and involvement of the next generation. This presentation will delve into these outcomes from the perspective of shared value, with a strong call to action.
The minerals value chain, with its roots (literally) in small communities world-wide and its branches reaching into every aspect of modern life, has a unique opportunity to achieve an extraordinary, accelerated just transition with the transformative power of dialogue.
Against a backdrop of increasing demand for minerals and increasing pressure on the environment, political tensions and the growing calls for transparent ESG action, the Development Partner Institute has pioneered a dialogue-based approach to uniting the often-disparate value chain for almost a decade, via our Development Partner Framework.
The Development Partner Framework, created through an award-winning multi-stakeholder approach and backed by titans of industry, is based on the three pillars of shared purpose, flourishing ecosystems and competitive communities, companies and countries. The thread that connects these pillars is dialogue: the foundation on which to build trust and consensus between mining and society.
From our global perspective, Australia has a key part to play in enabling three key outcomes that will keep the mining industry supplying the commodities that the world requires for growth while satisfying (or exceeding) increasingly high standards: a transparent value chain, a collaborative, development partnership-based approach to operations, and involvement of the next generation. This presentation will delve into these outcomes from the perspective of shared value, with a strong call to action.
Biography
Ms Drummond is well-respected within the mining industry. Her most recent role was co-founder of Indigenous Women in Mining and Resources Australia (IWIMRA), a uniquely positioned organisation working to connect and raise the profile of Aboriginal and Torres Strait Islander Women in the resources industry.
Ms Drummond is a non-executive Director of ASX listed Taiton Resources and was recognised for her leadership locally in the WA Business News 40 Under 40 Awards, plus internationally recognised in Women in Mining UK's 100 Global Inspirational Women in Mining alumni. She was also recently appointed as an advisory board member to the Centre for Australia-India Relations and the Australia Saudi Business Forum.