Grid Battery Metals Inc.
Climate Impact & Sustainability Data (2023-08-14)
Reporting Period: 2023-08-14
Environmental Metrics
ESG Focus Areas
- Climate Change
- Resource Sustainability
Climate Goals & Targets
Short-term Goals:
- Advance three lithium projects and one nickel project to next stages of development
Environmental Challenges
- Exploration risk (properties may not prove economically viable)
- Financing risk (difficulty securing capital in the future)
- Commodity pricing risk (fluctuations in lithium and nickel prices)
Mitigation Strategies
- Diversification into multiple lithium and one nickel project
- Sufficient cash on hand for planned exploration programs through 2024
- No specific mitigation strategies mentioned for commodity pricing risk