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  • Pages
  • Editions
01 Cover
02 Welcome Letter / Sections
03 Article & Interview Directory
04 Section 1: Introduction
05 Introduction to Mining in Ontario
06 Government of Ontario Interview
07 Ontario Mining Association (OMA) Interview
08 Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Interview
09 Navigating Uncertainty
10 Ormston List Frawley LLP Interview
11 PDAC Interview
12 Section 2: Production and Development in Ontario
13 Production in Ontario
14 Map of Ontario Mines
15 Newmont Interview
16 Barrick Gold Interview
17 Wesdome Gold Mines Interview
18 Alamos Gold Interview
19 Evolution Mining Interview
20 A New Wave of Ontario Gold Mines
21 Argonaut Gold Interview
22 Equinox Gold Interview
23 Industry Thoughts: Production and Development in Ontario
24 Section 3: Mining Finance
25 Mining Finance and Investment
26 Insights from the Toronto Stock Exchange
27 PearTree Securities Interview
28 Triple Flag Interview
29 Red Cloud Securities Interview
30 IBK Capital Interview
31 Stifel Interview
32 Roth Canada Interview
33 Industry Thoughts: Mining Finance Trends
34 Section 4: Toronto's Global Reach
35 Toronto’s Global Reach
36 Toronto's Global Reach Map
37 Rupert Resources Interview
38 Eloro Resources Interview
39 Industry Thoughts: Global Operations Based in Ontario
40 Eyes on Latin America
41 Torex Gold Resources Interview
42 Minera Alamos Interview
43 Sable Resources Interview
44 Section 5: Junior Exploration
45 Junior Exploration
46 Great Bear Resources Interview
47 Exploring Across Canada
48 O3 Mining Interview
49 Purepoint Uranium Group Interview
50 ALX Resources Interview
51 Industry Thoughts: Gold Juniors Have Their Say
52 Gold Juniors Replacing Depleting Resources
53 Moneta Gold Interview
54 Goldshore Resources Interview
55 Galleon Gold Interview
56 Element79 Gold Interview
57 Signature Resources Interview
58 Section 6: ESG and the Battery Materials Supply Chain
59 Transition Metals on the Rise
60 Conquest Resources Interview
61 Generation Mining Interview
62 Inventus Mining Interview
63 Noble Mineral Exploration Interview
64 The Move to Combat Climate Change Gathers Pace
65 Insights from Onyen Corporation
66 Thorn Associates Interview
67 Leading the Charge
68 Electra Battery Materials Interview
69 Frontier Lithium Interview
70 Industry Thoughts: Entering The Transition Economy
71 The Battery Material Supply Chain
72 ION Energy Interview
73 Clean Air Metals Interview
74 Section 7: Services, Technology and Innovation
75 Engineering, Construction & Consultancies
76 Ausenco Interview
77 Cementation Americas Interview
78 PCL Construction Interview
79 Redpath Mining Interview
80 Technological Advancements & Innovation
81 Industry Thoughts: Canadian Associations
82 EY Interview
83 Maestro Digital Mine Interview
84 Centric Mining Systems Interview
85 Industry Thoughts: OEMs Have Their Say
86 Drone Delivery Canada Interview
87 Sofvie Interview
88 Novamera Interview
89 Industry Thoughts: Paving the Way for ESG Reporting
90 Section 8: Company Profiles
91 Wesdome Company Profile
92 ION Energy Company Profile
93 PearTree Securities Company Profile
94 Ormston List Frawley Company Profile
95 Maestro Digital Mine Company Profile
96 Sofvie Company Profile
97 Credits

How ESG Technology De-Risks Investment Decisions and Drives Capital Investment

EXPERT OPINION ARTICLE BY:

Laurie Clark,

Founder and CEO,

Onyen Corporation


"It is now in the best interest of all publicly listed companies to offer the most accurate and complete public disclosure in order to be part of the assessment process."

The structural change that is underway in the investment management industry is being led with technological advancements such as machine learning and data science. In fact, it’s revolutionized the capital markets industry.

With this increased ability to aggregate and automate data by leveraging artificial intelligence, the investment management industry now relies on computerized systems to interpret trends, assess risks, forecast business strength, apply its investment criteria, and monitor a company’s operations. In fact, leading asset management companies are investing in technologies that promise to speed up and expand their data science capabilities.

As this trend becomes widespread and mainstream, it puts more pressure on public companies to disclose more of their performance data with increased frequency, so that capital providers are more capable of defining, analysing, and pricing capital risks.

We’ve also come to understand that environmental, social and governance (ESG) factors also have material financial implications, and therefore, these disclosures are becoming just as important and frequent as financial statements filings.

Investors continue to look for easily automated formats of key disclosure and audited information from public issuers. Being able to quickly find and analyze performance data, and seamlessly integrate that data into valuation models to make intelligent investment decisions remains a key focus for most money managers.

One such example of a technology initiative driving consistent and transparent information gathering, is the EU’s Corporate Sustainability Reporting Directive (CSRD) which now requires that more than 50,000 public issuers disclose their sustainability performance. However, not only are they required to disclose their ESG information, they must also digitally tag the reported information so it is machine readable and can thus be fed into the European single access point envisaged in the capital markets union action plan.

Algorithms have always acted as a wide-angle lens performing predictive modeling of climate related impacts, scrutinizing greenwashing tactics, measuring reports against the ever-growing list of global sustainability standards, and even identifying lesser-known companies worthy of being added to portfolios.

The investment advisor’s role continues to expand, not only for portfolio construction, but also in connecting investors with appropriate investment products that fit not only their requirements, but also their values; and are based on data filters and rankings. It is now in the best interest of all publicly listed companies to offer the most accurate and complete public disclosure in order to be part of the assessment process. But not only is being part of the assessment process critical, advanced technology - one can almost call it ‘Star-Wars-like’ technology - such as satellite imaging systems that can identify what is really occurring in a company’s own backyard, along with real-time data streaming, creates the background for finding gaps between the company’s corporate statements and the company’s reality. The alignment of the company’s stakeholder priorities in conjunction with its corporate strategy is only successful if all relevant ESG factors are disclosed and compared.

Along with the ease of data gathering and gap analysis, technology also assists with due diligence assessments. Conclusions, however, are only as accurate as the information disclosed, thus putting pressure on the reliability and accuracy of the data collected at the source. Ensuring internal technology and other “metered” systems are aligned with reporting requirements in an easily readable format not only optimizes the reporting cycle, but ensures key risk factors are proactively monitored so the company can manage the resultant outcomes. Centralising and organising the collected data also allows decision makers to better allocate resources, resulting in better management of capital costs.

In today’s digital world, automated solutions such as the Onyen ESG Reporting system bring not only operational efficiencies but also reduced costs. Created specifically for the customers’ reporting needs, Oyen centralizes ESG data and automates reporting for junior and mid-tier resource companies. Onyen Corporation recognized the need for an affordable and AI driven ESG reporting solution to overcome the complexities currently being experienced by many companies. The system aggregates disparate data sets; organizes the information and tracks changes; generates ESG scorecards and sustainability reports for multiple stakeholders; offers tools for monitoring performance against targets; and equips Boards and executives with the tools they need to make informed decisions.

Technological advancements such as Onyen’s will continue to drive efficiencies throughout the supply chain for many products and services, resulting not only in mitigating business risks, but in driving capital investment. And this technology benefits society at large by facilitating progress towards the ultimate goal: a more sustainable future.

Onyen - At A Glance: ESG criteria is a critical way for investors to evaluate companies in which they want to invest.

Onyen offers both public and private companies an innovative software solution to: efficiently complete their Environmental, Social, and Governance (ESG) reporting obligations; heighten their ESG profile; be included in institutional funding channels; and access alternative sources of capital.

Image courtesy of mk. s on Unsplash

Next:

Interview: Thorn Associates