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Some industries in Australia, notably mining, are more sustainable than generally assumed, says a new report. The study, by Sydney University and the Commonwealth Scientific and Industrial Research Organization (CSIRO), looked at 135 industry sectors and assessed them on their social, environmental and financial performance.
Barney Foran, a CSIRO scientist and co-author of the report, said: 'Generally mining is not really thought of as particularly sustainable by the community at large. Our work shows that, in terms of the triple bottom line, mining actually has a more positive impact across environmental and financial indicators than we would have thought.
'For mining, the financial indicators are well above the economy-wide average, while the environmental indicators are better than average.'
The national challenge now, said Foran, is to create more jobs and profits from the use of metals than from virgin mining.
Barney Foran, a CSIRO scientist and co-author of the report, said: 'Generally mining is not really thought of as particularly sustainable by the community at large. Our work shows that, in terms of the triple bottom line, mining actually has a more positive impact across environmental and financial indicators than we would have thought.
'For mining, the financial indicators are well above the economy-wide average, while the environmental indicators are better than average.'
The national challenge now, said Foran, is to create more jobs and profits from the use of metals than from virgin mining.
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