Magmatic Resources Limited ACN 615 598 322
Climate Impact & Sustainability Data (2020-08-27 to 2024-03-12)
Reporting Period: 2020-08-27 to 2024-03-12
Environmental Metrics
ESG Focus Areas
- Governance
- Diversity
- Risk Management
- Environmental Risk
- Occupational Health and Safety
Social Achievements
- Diversity Policy implemented to promote a diverse and skilled workforce.
Governance Achievements
- Established a Corporate Governance Plan with charters and policies for Board, committees, and key areas.
- Implemented Whistleblower Protection Policy and Anti-Bribery and Anti-Corruption Policy.
- Established a Shareholder Communications Strategy for transparent information dissemination.
Climate Goals & Targets
Environmental Challenges
- Managing business, economic, environmental, and social sustainability risks.
- Ensuring compliance with all applicable laws, regulations, and company policies.
- Maintaining a high standard of corporate governance practice and regulatory compliance.
Mitigation Strategies
- Established risk management systems, practices, and procedures.
- Regularly reviews risk management framework to address contemporary and emerging risks.
- Implemented policies and procedures to address bribery, corruption, and whistleblowing.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: ASX Corporate Governance Principles and Recommendations – 4th Edition