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Biodiversity Offsets – A Briefing Paper for the Mining Industry

By International Council on Mining and Metals
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Industry faces challenges as a result of its social,
economic and environmental footprint. Since the mid 1990s, the mining industry has engaged in dialogue with environmental and social development organisations to determine how to address these challenges. Through this
dialogue biodiversity has been identified as a key
business and environmental issue. ICMM member
companies are committed to high standards of on-site mitigation as outlined in the recent ICMM Good Practice Guidance (ICMM 2005). However, they recognise that mining activities may have a residual impact on biodiversity which cannot easily be mitigated or which lie outside the direct control and responsibility of the mining company.