In April 2019 Alumina Limited and Alcoa were two of nearly 700 mining firms worldwide to receive a request from the Church of England Pensions Board and the Council on Ethics Swedish National Pensions Funds requesting specific disclosures on tailings facilities. In response to this request Alcoa provided on their website details of tailings facilities, including non-operated sites. A link to the information can be found here.
The Alcoa response covers all AWAC operations plus operations which are not part of the AWAC portfolio. Alumina Limited has no interest in the assets which are not part of the AWAC portfolio.
Listed below are the operations included in the Alcoa spreadsheet which are NOT part of the AWAC portfolio:
|USA||Bauxite, AR (Alcoa)|
|USA||Bauxite, AR (Reynolds)|
Global Industry Standard on Tailings Management
AWAC will comply with the Global Industry Standard on Tailings management (https://globaltailingsreview.org/global-industry-standard/) developed by the International Council on Mining and Metals (ICMM), United Nations Environmental Programme (UNEP) and Principles for Responsible Investment (PRI). The Standard provides an international plan for the safe management of mine tailings stroage facilities worldwide.
Alcoa has committed, as part of its membership with ICMM, to be in conformance with the Standard by August 5, 2023 or August 5, 2025 depending on the consequence classification of the facilities.