Responsible Raw Materials, Mining, and ESG with Sarah Gordon of Satarla

Published: May 24, 2022, 8:50 a.m.

Welcome to RIMScast. Your host is Justin Smulison, Business Content Manager at RIMS, the Risk and Insurance Management Society.

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Joining Justin today to discuss responsible raw materials, mining, and ESG with Chief Executive Officer and Co-Founder of Satarla, Sarah Gordon!

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Sarah has worked in a number of fields including risk and assurance, safety, sustainability, R&D, business divestment, and mine and exploration geology. These roles have allowed her to live and work all over the world. Sarah is also a Trustee of the Geological Society of London and leads the group Responsible Raw Materials; a non-profit whose mission is to enable the responsible extraction and use of raw materials.

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Sarah shares about the standards for ethics and sustainability for mining raw materials that risk professionals should know about; her insights into shared knowledge, sustainability, and the environmental impact of mining; the top three biggest ESG risks/trends that she feels risk managers need to be aware of in 2022 and beyond; and more.

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Whether you are a risk management professional or a member of the general public, you will learn a lot from Sarah\u2019s insight in today\u2019s episode!

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Key Takeaways:

[:01] About the RIMS Membership.

[:14] About RIMScast.

[:27] About today\u2019s episode with Sarah Gordon.

[:37] Upcoming RIMS webinars and workshops, RIMS membership, and RIMS Buyers Guide.

[1:33] More about today\u2019s episode with Sarah Gordon!

[2:33] Justin welcomes Sarah Gordon to RIMScast.

[3:07] Last week, Sarah hosted and organized the Responsible Raw Materials virtual conference. She shares what the event covered and how it went.

[3:54] About Sarah\u2019s background in geology and how she found her way into risk management.

[6:18] More about the Responsible Raw Materials conference: what it is and what it sets out to do.

[10:21] Are there standards for ethics and sustainability for mining raw materials that risk professionals should know about?

[11:47] What the future of the Responsible Raw Materials conference holds.

[13:12] RIMS plugs time! All about the RIMS Legislative Summit, virtual workshops, and the RIMS Mobile App.

[14:40] The intersection that risk professionals should be aware of when it comes to ESG, mining, and raw materials.

[16:21] Sarah\u2019s insights into shared knowledge, sustainability, and the environmental impact of mining.

[20:49] Is the global inflation that we\u2019re seeing right now a part of the conversation with regards to mining?

[23:03] Sarah\u2019s top three biggest ESG risks/trends that she feels risk managers need to be aware of in 2022 and beyond.

[29:30] Where to follow up with the Responsible Raw Materials conference and access free resources online.

[30:13] How to stay up-to-date on the upcoming Responsible Raw Materials virtual conference in May 2023.

[30:43] Justin thanks Sarah Gordon for joining the podcast and shares some of the links to check in today\u2019s show notes.

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Mentioned in this Episode:

RIMS Events, Education, and Services:

NEW FOR MEMBERS! RIMS Mobile App

RIMS Advocacy \u2014 Legislative Summit Returns on September 20th!

RIMS Buyers Guide

RISKWORLD registrants can still access educational sessions on-demand through the RISKWORLD app and through desktop here.

Sponsor RIMScast: Contact sales@rims.org or pd@rims.org for more information.

Responsible Raw Materials \u2014 Resources, Conference Videos and Toolkits

Virtual Workshops:

June 9, 2022 | \u201cEarn the RIMS Fundamentals of Risk Data, Analytics and AI Certificate\u201d | Attend our new three-part, virtual workshop series to improve your knowledge and enrich your risk management program with the best practices in data management, analytics, and artificial intelligence. \u201cPart I: Leveraging Data and Analytics for Continuous Risk Management\u201d: 10 am EST \u2014 2 pm EST

\u201cFundamentals of Risk Management\u201d \u2014 Aug 10\u201211th

Webinars:

June 2, 2022 | \u201cCyber, and Data, and Regulatory Risks (to Avoid)\u2014Oh My!\u201d | Sponsored by Beazley

June 28, 2022 | \u201cYour Greatest Asset: Smart Risk Management in the Age of Workforce Transformation\u201d | Sponsored by Travelers

June 30, 2022 | \u201cWhat Really Happens When You Negotiate with a Hacker?\u201d | Sponsored by Gallagher Core Insights 360

Sponsored RIMScast Episodes:

\u201cKeeping Subcontractors Safe Through Partner Elevation\u201d | Sponsored by Highwire

\u201cESG: A Responsibility and a Growing Megatrend\u201d | Sponsored by Prudent Insurance Brokers Ltd.

\u201cFocusing on Your Team to Deliver Exceptional Quality and Service to Your Clients\u201d

| Sponsored by Gallagher Bassett

\u201cBermuda Opportunities in 2022 with BDA Chair Stephen Weinstein\u201d | Sponsored by Bermuda Business Development Agency

\u201cSyncR: A Tool to Enhance Your Risk Quality & Insurance Strategy\u201d | Sponsored by Prudent Insurance Brokers Ltd.

\u201cNavigating the Risk Landscape in 2022\u201d | Sponsored by AXA XL

\u201cPrioritizing People: Expertise and Innovation\u201d | Sponsored by Gallagher Bassett

\u201cRisk Findings for the Industrial & Manufacturing Industry\u201d | Sponsored by Aon

\u201cEstablishing the Right Assurance to Request From Business Partners\u201d | Sponsored by HITRUST

\u201cAon\u2019s 2021 Retail Industry Overview\u201d | Sponsored by Aon

\u201cA Legacy of Resilience\u201d | Sponsored by J.B. Boda Group

\u201cThe Golden Era of Insurance\u201d | Sponsored by The Hartford

\u201cInsurance Investigation Trends Happening Now\u201d | Sponsored by Travelers

\u201cWhat Could a CRO Do for Your Business?\u201d | Sponsored by Riskonnect

\u201cHard Reality: A Look at Rising Rates in Property & Excess Casualty\u201d | Sponsored by AXA XL

\u201cProperty Valuation Deep Dive\u201d | Sponsored by T\xdcV S\xdcD

\u201cProperty Loss Control Engineering\u201d | Sponsored by Prudent Insurance Brokers

NEW RIMSCAST VIDEO: \u201cClimate Change and Insurance: A Fireside Chat with Dev Bhutani and Deepak Madan\u201d | Sponsored by Prudent Insurance Brokers Ltd.

Related RIMScast Episodes:\xa0

\u201cWorld Water Day 2022 with Henk Ovink, Special Envoy for International Water Affairs for the Kingdom of the Netherlands\u201d

\u201cEarth Observations, Acronyms, and Risk with Dr. Shanna McClain of NASA\u201d (2021)

\u201cCombating Water Scarcity with AquaShares Founder James Workman\u201d (2020)

\u201cWhat the Future Holds with RISKWORLD Keynote Peter Leyden\u201d

RIMS Coverage of Raw Materials and Mining:

Risk Management Magazine: \u201cThe Volatility of Raw Materials Markets\u201d

Insurance Coverage for Supply Chain Interruptions

Managing Supply Chain Disruption

Contractual Ways to Deal with the Rising Costs of Lumber

The Political Risks of Mining

Mining for Disaster

Insurers Divest from Coal Over Climate Risks

Cryptojacking: How Hackers Steal Resources to Mine Digital Gold

RIMS Publications, Content, and Links:

RIMS Membership \u2014 Whether you are a new member or need to transition, be a part of the global risk management community!

RIMS Virtual Workshops

Upcoming RIMS Webinars

On-Demand Webinars

RIMS Advisory Services \u2014 Ask a Peer

Risk Management Magazine

Risk Management Monitor

RIMS Coronavirus Information Center

RIMS Risk Leaders Series

RIMS-Certified Risk Management Professional (RIMS-CRMP)

RIMS-CRMP Stories \u2014 New interview featuring RIMS Treasurer Jennifer Santiago!

Spencer Educational Foundation

RIMS DEI Council

RIMS Path to the Boardroom

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Want to Learn More?

Keep up with the podcast on RIMS.org and listen on iTunes.

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Follow up with Our Guests:

Sarah Gordon on Satarla

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Tweetables (For Social Media Use):

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\u201cThe thing that many risk managers don\u2019t necessarily realize is that a degree in geology is actually a degree in risk management. No geologist really knows what\u2019s under the ground so it\u2019s all a bit of a guess which is actually what we do as risk managers.\u201d \u2014 Sarah Gordon

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\u201cIf you understand how to get true integrative risk management to work in an organization, that is the secret sauce to incorporating sustainability into how a business actually operates.\u201d \u2014 Sarah Gordon

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