RT Minerals Corp.
Climate Impact & Sustainability Data (2020-01 to 2020-05, 2021, 2021-01 to 2021-08)
Reporting Period: 2020-01 to 2020-05
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Generally weak capital market conditions make it a challenge to raise equity financing to fund the Company’s acquisition and exploration activities.
- The Company has accumulated losses of $14,222,988 since inception and expects to incur further losses in the development of its business, all of which may cast significant doubt about the Company’s ability to continue as a going concern.
Mitigation Strategies
- The Company will periodically have to raise funds to continue operations.
- The Company is engaged in the search for potential joint venture partners, mineral property acquisitions and financings
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2021
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- The Company has not generated revenue or cash flows from operations and has accumulated losses of $16,765,417. The Company’s ability to continue its operations, develop its properties and to realize its assets at their carrying values is dependent upon obtaining additional financing and generating revenues sufficient to cover its operating costs.
Mitigation Strategies
- Obtaining additional financing and generating revenues sufficient to cover its operating costs
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: IFRS
Reporting Period: 2021-01 to 2021-08
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- The Company has not generated revenue from operations since inception and has accumulated losses, casting significant doubt about its ability to continue as a going concern.
- Dependence on raising financing to continue operations.
- Recoverability of exploration costs dependent on economically recoverable reserves and future profitable production or property disposition.
- Industry and economic factors affecting performance.
- Pandemic risk (COVID-19) impacting operations and financial markets.
Mitigation Strategies
- Successfully raised equity financing in the past to fund acquisitions and exploration activities.
- Completed several private placements to raise capital (October 6, 2021 and October 27, 2021).
- Closely monitoring market changes, gold price changes, and economic downturns.
- Management believes favorable equity market conditions will continue.