Climate Change Data

Environmental Metrics

ESG Focus Areas

• Corporate governance
• Health and safety compliance
• Environmental consciousness
• Ethical values and behaviour

Governance Achievements

• Adopted the QCA Corporate Governance Code
• Implemented an effective committee structure (Audit and Remuneration Committees)

Climate Goals & Targets

Environmental Challenges

• World commodity prices and general economic activity
• Compliance with governmental and environmental legislation
• Meeting work commitments under exploration permits and licenses
• Fluctuating metal prices
• Requirement and ability to raise additional capital
• Price volatility of publicly traded securities
• Potential changes in environmental and safety legislation
• Climate change related legislation and regulations
• Inherent speculation in drilling for productive diamond resources
• Unforeseeable operating problems rendering exploitation uneconomic
• Impact of the COVID-19 pandemic
• Impact of the Russia/Ukraine war on energy prices and supply issues

Mitigation Strategies

• Regular review of Company cash flow projections and consideration of different sources of funds
• Employment of staff and consultants experienced in environmental requirements
• Use of a range of techniques to minimize risk prior to drilling and utilization of independent experts
• Implementation of measures to protect the health, safety and wellbeing of employees, contractors and partners
• Close monitoring of the situation and its potential impact on operations

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: IFRS as adopted by the EU, Companies Act 2014

Third-party Assurance: Deloitte Ireland LLP