DSMC started finance advocacy work in 2017 to encourage divestment from the Nautilus Minerals Solwara 1 project in Papua New Guinea (PNG)’s territorial waters. As the first DSM project to be granted a mining license, Solwara 1 was seen as setting a precedent by companies and governments worldwide.

Our finance advocacy provides investors with resources to safeguard their financial and reputational interests given the Environmental, Social, and Governance (ESG) concerns around deep sea mining (DSM).

Our work aims to warn financiers and insurers of the high risks associated with DSM, hoping they will create specific policies excluding DSM or discouraging direct divestment in higher-risk DSM companies.

DSMC offers the investment and insurance industries a summary of DSM corporate interests to assist in determining exposure to pure-play companies, part-ownership and ancillary manufacturers.

We produce quarterly updates, which inform financiers and related actors on the growing risks associated with deep sea mining. If you would like more information, or to receive the updates please sign up below or email DSMC’s Finance Advocacy Officer: andy@dsm-campaign.org