Irreplaceable, iconic landscapes, such as the Grand Canyon and Great Barrier Reef, are under threat
31% of natural World Heritage sites are subject to extractive mining, despite protection from the UNESCO World Heritage Convention because of their ‘Outstanding Universal Value.’
To better understand the scale of the threat, Aviva Investors, together with Investec Asset Management and the World Wildlife Fund, collaborated on a report. They uncovered new evidence of the threat to natural World Heritage Sites from extractive mining.
31% of natural World Heritage Sites are currently subject to some form of extractive activity – either with active operations or through concessions that have been granted.
Aviva Investors have launched a collaborative investor engagement project to engage with extractive companies, and call for ‘no go’ commitments on World Heritage Sites.