Euromax Resources (Macedonia) UK Ltd
Climate Impact & Sustainability Data (2017)
Reporting Period: 2017
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Social Achievements
- Maximising procurement of goods and services from local suppliers through transparent and equitable purchasing procedures.
- Providing employment opportunities, addressing a lack of employment opportunity cited as a primary cause for out-migration of young people.
Governance Achievements
- Nationally compliant EIA undertaken in accordance with the requirements of the Law on the Environment and all relevant secondary regulation.
Climate Goals & Targets
Environmental Challenges
- Impacts to water quality and availability.
- Noise and vibration from mining activity and transport.
- Impacts of air pollution on soils and agricultural productivity.
- Negative effects on sales of agricultural products due to mine proximity.
Mitigation Strategies
- Implementation of various mitigation measures to avoid and minimise adverse impacts and maximise positive impacts (detailed in the report).
- Provision of sufficient funds to design, construct and commission new water supply systems for Ilovica and Shtuka villages.
- Construction of acoustic barriers, sensitive scheduling of noisy works, and community consultation.
- Erosion controls, stockpiling of soils for reclamation, and revegetation.
Supply Chain Management
Responsible Procurement
- Policy of seeking to maximise the procurement of goods and services from local suppliers through transparent and equitable purchasing procedures.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: IFC Performance Standard 1 (2012)