Energy & Mines Digital Trust
Energy & Mines Digital Trust (EMDT) is enabling digital tools to support B.C.’s sustainable economic development while maintaining high levels of environmental protection. EMDT is funded by the Strategic Investment Fund in partnership with the B.C. Government and TELUS.
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Background
Mining and energy operators need a trustworthy way to share data internationally to better compete in global markets that prioritize sustainability.
With digital credentials, operators can efficiently demonstrate their commitment to environmental, social and governance goals, increasing trust in global supply chains.
Mines Act Permit
The Mines Act Permit, issued by the Ministry of Energy, Mines and Low Carbon Innovation, regulates mining activity across the province.
Permit documents are essential to many business interactions, so mining operators must be able to share their permits in a quick and trustworthy way.
With the Mines Act Permit digital credential, major mine operators in B.C. can now prove their permit status, securely and efficiently.
Verified in real-time, anyone viewing the Mines Act Permit digital credential can be confident the information is current and correct, without having to confirm with the B.C. government.
Towards Sustainable Mining
Towards Sustainable Mining (TSM) is a responsible mining standard managed by the Mining Association of Canada (MAC). It has multi-stakeholder oversight provided by a national Community-of-Interest Panel that recognizes environmental, social and governance (ESG) performance.
The TSM program measures mining companies against 9 protocols.
They include:
- Commitment to biodiversity
- Water stewardship
- Health and safety
Participating mines must report their progress annually.
Through collaboration with EMDT, MAC is exploring the opportunity for mining operators to submit their TSM scores using digital credentials, fulfilling their membership requirements securely and efficiently. Mines can continue to use digital credentials to share their ESG performance to anyone who asks, including customers and investors.
Explore the pilot project in detail by visiting the Energy & Mines Digital Trust success story.