Predictive Discovery Limited
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Environmental Stewardship
- Social Responsibility
- Governance
Environmental Achievements
- Annual environmental authorisation for the Bankan Project renewed by the Minister for Environment and Sustainable Development
- Completed extensive environmental studies and surveys for the ESIA (Environmental and Social Impact Assessment)
Social Achievements
- Established a Community Consultative Committee representing nine villages
- Established a canteen within the local school and rehabilitated the school
- Advocated for the recruitment of two additional teachers for the local school
- Supported efforts to establish a government-sponsored professional school for local youth
Governance Achievements
- Established an ESG Board Committee
- Established a Nomination and Remuneration Committee and an Audit Committee
Climate Goals & Targets
Medium-term Goals:
- Develop the Bankan Gold Project into a Tier-1 mine
Short-term Goals:
- Complete the Scoping Study and ESIA by late 2023
- Secure an Exploitation Permit in the first half of 2024
Environmental Challenges
- Managing environmental and social impacts in the vicinity of the Upper Niger National Park
- Addressing artisanal and small-scale gold mining (ASGM) activities in the region
- Ensuring responsible stakeholder engagement
Mitigation Strategies
- Developing an ESIA to international best practice standards, including the IFC’s Performance Standards and the Equator Principles
- Developing a robust stakeholder engagement plan
- Developing an ASGM management framework to international standards
- Implementing a grievance mechanism
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: IFC’s Performance Standards, Equator Principles