LME engages global collaboration to improve its ESG data platform

<img width="250" height="141" src="https://www.leaprate.com/wp-content/uploads/2023/10/FIN-LP-LME-engages-global-collaboration-to-improve-its-ESG-data-platform-5304063845iStock-1366606966-250×141.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="" decoding="async" style="float: left; margin-right: 5px;" link_thumbnail="" srcset="https://www.leaprate.com/wp-content/uploads/2023/10/FIN-LP-LME-engages-global-collaboration-to-improve-its-ESG-data-platform-5304063845iStock-1366606966-250×141.jpg 250w, https://www.leaprate.com/wp-content/uploads/2023/10/FIN-LP-LME-engages-global-collaboration-to-improve-its-ESG-data-platform-5304063845iStock-1366606966-700×394.jpg 700w, https://www.leaprate.com/wp-content/uploads/2023/10/FIN-LP-LME-engages-global-collaboration-to-improve-its-ESG-data-platform-5304063845iStock-1366606966-768×432.jpg 768w, https://www.leaprate.com/wp-content/uploads/2023/10/FIN-LP-LME-engages-global-collaboration-to-improve-its-ESG-data-platform-5304063845iStock-1366606966-120×68.jpg 120w, https://www.leaprate.com/wp-content/uploads/2023/10/FIN-LP-LME-engages-global-collaboration-to-improve-its-ESG-data-platform-5304063845iStock-1366606966-245×138.jpg 245w, https://www.leaprate.com/wp-content/uploads/2023/10/FIN-LP-LME-engages-global-collaboration-to-improve-its-ESG-data-platform-5304063845iStock-1366606966-500×281.jpg 500w, https://www.leaprate.com/wp-content/uploads/2023/10/FIN-LP-LME-engages-global-collaboration-to-improve-its-ESG-data-platform-5304063845iStock-1366606966.jpg 1365w" sizes="(max-width: 250px) 100vw, 250px" /><p><span data-contrast="auto">Known as LMEpassport, the platform in question is the digital information register that details the sustainability of metals traded on this exchange. To date, it lists 466 disclosures from 219 brands, including copper, aluminium, zinc, and lead.</span><span data-ccp-props="{}"> </span></p>
<hr />
<p><a href="https://finaffiliates.us20.list-manage.com/subscribe/post?u=e0dd4d77c259eb270712a4eeb&amp;id=fd200b8f75&amp;v_id=4291&amp;f_id=00946ce6f0" target="_blank" rel="noopener"><em>Don’t miss out the latest news, subscribe to LeapRate’s newsletter</em></a></p>
<hr />
<p><span data-contrast="auto">In 2021, when LMEpassport launched, it contained only 22 entries. The LME chief sustainability officer, Georgina Hallet, said:</span><span data-ccp-props="{}"> </span></p>
<blockquote><p><span data-contrast="auto">ESG data transparency and comparability are vital components in addressing industry-level sustainability challenges. We’re delighted that already more than 50% of LME-listed brands are now sharing sustainability credentials on LMEpassport and we’ve recently added 12 new sets of certifications, metrics and standards against which producers are able to disclose. Galvanising our industry to advance the global sustainability agenda is a core part of the LME’s strategic focus and we look forward to further collaborating with our industry partners.</span><span data-ccp-props="{}"> </span></p></blockquote>
<p><span data-contrast="auto">LME collaborations in this regard included Sweden’s Boliden, the China Chamber of Commerce of Metals, Minerals and Chemicals Importers and Exporters, the Cobalt Institute, and the Global Reporting Initiative. Sven Hjelmstedt, the Boliden director of sales, added:</span><span data-ccp-props="{}"> </span></p>
<blockquote><p><span data-contrast="auto">The green transition begins with green metals and the LMEpassport provides us with a comprehensive picture of the sustainability performance directly linked to our LME brands. We are welcoming additional data transparency, enabling us to add commitments and targets as we aim to lead the industry’s transition.</span><span data-ccp-props="{}"> </span></p></blockquote>
<p>The post <a rel="nofollow" href="https://www.leaprate.com/news/lme-engages-global-collaboration-to-improve-its-esg-data-platform/">LME engages global collaboration to improve its ESG data platform</a> appeared first on <a rel="nofollow" href="https://www.leaprate.com">LeapRate</a>.</p>