Third party audits of social and environmental programs can assist proponents to demonstrate regulatory compliance, eligibility for certification, and increased transparency for stakeholders. Auditing criteria may be existing environmental management plans, stakeholder engagement programs, corporate standards, statutory obligations, lending conditions, or international standards, such as ISO 14001. Knight Piésold has considerable experience offering clients specialized review and assessment of social and environmental performance.
Similarly, clients that are contemplating on investing in other projects benefit from Knight Piésold’s ability to conduct social and environmental due diligence on their behalf. This provides an analysis of potential risks associated with a given project, including compliance and stakeholder acceptability. Due diligence reviews provide recommendations for improvements where required, with associated cost estimates.
In Canada, we have specialists familiar with the Towards Sustainable Mining (TSM) Initiative and who are qualified Verification Service Providers (VSPs). TSM is the Mining Association of Canada’s (MAC’s) commitment to responsible mining. It is a set of tools and indicators to drive performance and ensure that key mining risks are managed responsibly at MAC members’ facilities. VSPs are trained by MAC to conduct verifications of member companies’ annual self-assessments under TSM.