London, United Kingdom –NewsDirect– Digbee Limited
In a recent interview with Proactive London, Digbee Limited founder and CEO Jamie Strauss spoke about the importance of sustainability in mining financial markets and large-scale project financing.
Mr. Strauss highlighted that the industry's professional capital has declined significantly, from about $445 billion in 2010 to about $12 billion to $14 billion today. This decline coincides with key mineral megatrends and a geopolitical rebalancing of supply chains. The government has responded by creating six funds aimed at investing in this sector, with more expected. This could increase available capital to $28 billion, with the potential for an additional $14 billion from Saudi funds.
Mr Strauss stressed that the mining industry needs to change perceptions and build greater trust through sustainability. This is the key to accessing new pools of capital. The introduction of a sustainability-focused fund signals a shift towards responsible mining practices.
Mr. Strauss criticized the current state of ESG reporting in the industry, suggesting it was driving capital away. Digbee advocates for incorporating sustainability from the earliest stages of exploration to establish a strong foundation for future business operations.
The company has been selected by BHP Xplor to provide sustainability and ESG disclosure services to new hires and has been appointed ESG Assurance Provider for Eden Natural Resources, a soon-to-launch sustainability-focused fund. Ta.
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View source version on newsdirect.com: https://newsdirect.com/news/digbee-founder-and-ceo-discusses-mining-finance-and-sustainability-shifts-new-partnerships-307297275
