British Columbia launches Energy & Mines Digital Trust for international ESG reporting compliance 

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After two years of testing, Energy & Mines Digital Trust , a collaboration between the government of British Columbia , private-sector and industry associations, has launched digital credentials for mining operators to streamline the process of sharing confidential information securely.

The BC government has been often critiqued by industry for long delays in a system perpetually backlogged with permitting applications. There arepermitting solutions are a priority The EMTD is part of a C$6.6 million investment in technology to ensure that internal major mine permitting processes are coordinated and efficient, it said.

“One of the issues with blockchain, having one platform where everyone pushes their data to is that it’s very difficult, especially in the mining sector for something like that to scale and be globally adopted,” Norris said. “Having those types of credentials that you can then share that information builds along the supply chain,” Norris said. Through the UN project, we’re talking to smelters and downstream operators along the supply chain what kind of data needs to be surfaced to meet the requirements of these large consuming economies like the EU and the US that are starting to legislate.”

 

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