Climate risk is investment risk. Any fund manager who doesn't see that isn't doing their job properly.
Good governance in emerging markets is not a nice-to-have. It is the single best predictor of returns.
We have to earn the right to operate. That means being welcome in communities, not just tolerated.
Being a good company and a profitable company are not mutually exclusive — and frankly, in mining today, being a good company is the only way to remain profitable.
The decision to pause Jadar was difficult. But we are not going to develop a project without a social license. That is a line we will not cross.
If we don't produce the metals and minerals the world needs for the energy transition, someone else will — and probably less responsibly than we would.
We own the universe. We own the capital markets.
We cannot separate our risk-return from what's happening to the whole capital market.
For us to have a sustainable portfolio, we have to have a sustainable capital market.
We should measure social values and enhance social performance based on the measurement.