Investors With $11 Trillion Back Plan to Reform Mining Industry (1)

Some of the world’s biggest investors are throwing their weight behind a plan to reform the mining industry so it can safely meet the growing demand for minerals and metals needed for the green transition.

Investors overseeing a combined $11 trillion, including California State Teachers’ Retirement System and Legal & General Investment Management, are among the first to back the Global Investor Commission on Mining 2030, according to a statement on Wednesday.

The investor group, which was convened this year with the help of the United Nations, said its goal is to “define a vision for a socially and environmentally responsible ...