New Horizon Coal Ltd (to be renamed Helios Energy Ltd)
Climate Impact & Sustainability Data (2016, 2017)
Reporting Period: 2016
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- geological and technical risk posed to exploration and commercial exploitation success
- security of tenure including licence renewal
- inability to obtain regulatory or landowner consents
- change in commodity prices and market conditions
- environmental and occupational health and safety risks
- government policy changes
- retention of key staff
- capital requirement and lack of future funding
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2017
Environmental Metrics
ESG Focus Areas
- Governance
- Diversity
- Risk Management
Governance Achievements
- Established a Corporate Governance Plan including charters for Board Committees (Audit & Risk, Remuneration, and Nomination), a Code of Conduct, and policies on continuous disclosure, risk management, trading, diversity, and shareholder communications.