Velocity Minerals Ltd
Climate Impact & Sustainability Data (2020)
Reporting Period: 2020
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:26.5 Mt (total waste production)
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental
- Social
- Community Impact
Environmental Achievements
- Reduced project footprint by 26 ha through optimized waste management strategy
Social Achievements
- Initiated social engagement activities with local stakeholders; local stakeholders employed in the project where possible; minimized encroachment onto privately-owned land.
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Complete EIA and obtain necessary permits.
Environmental Challenges
- Obtaining necessary permits and completing the environmental impact assessment (EIA) process.
- Managing biodiversity impacts in the Eastern Rhodope mountains.
- Potential impacts on air quality (dust), water resources, and ecology.
Mitigation Strategies
- Initiated EIA process and baseline environmental monitoring.
- Project design minimized footprint to reduce environmental impact.
- Developed water management plan to ensure negative water balance and reuse of water.
- Low potential for acid drainage indicated by geochemical results.
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: NI 43-101
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed