Climate Change Data

RCS Global Ltd

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Child Labour
  • Occupational Health and Safety
  • Environmental Protection
  • Community Engagement
  • Responsible Sourcing
  • Human Rights
  • Governance

Environmental Achievements

  • Improved waste management practices at several sites through the GIZ collaboration

Social Achievements

  • Delivered 155 trainings addressing child labor, worker conviviality, OHS, and traceability; 714 Corrective Actions assigned, with 526 implemented or in progress (79% success rate); Collaboration with UNICEF to monitor child labor and support community-led mitigation efforts; Significant reduction in child labor incidents following targeted trainings and community engagement.

Governance Achievements

  • Regular engagement with government officials at national and provincial levels; Successful implementation of the GIZ-funded project, empowering cooperatives to conduct self-monitoring; Participation in the COTECCO workshop addressing child labor in the copper-cobalt supply chain; Shared knowledge and lessons learned from the UNICEF ASM Toolkit Pilot Project with local government stakeholders; Implementation of RCS Trace, a digital product traceability solution, connecting physical to digital data from ASM mines to smelters and refiners.

Climate Goals & Targets

Environmental Challenges

  • Ever-changing regulatory environment; Need for greater transparency and traceability; Need for stronger partnerships across the industry; Weak market incentives for better practices; Declining willingness to fund transparency and ASM improvements; Unintended consequences of mitigation actions; Sudden contextual changes (e.g., migration patterns, insecurity); De-risking of supply chains by corporate disengagement; Difficulties in engaging China and Chinese industry.
Mitigation Strategies
  • Continuous collaboration with stakeholders (cooperatives, government, INGOs); Proactive risk management strategies; Capacity building and training of local stakeholders; Development of holistic solutions to minimize unintended consequences; Scaling of the Better Mining program; Engagement with government and industry to establish market incentives for responsible sourcing.

Supply Chain Management

Responsible Procurement
  • Implementation of RCS Trace for digital product traceability

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme climate change impact, particularly drought in Madagascar

Reporting Standards

Frameworks Used: OECD Due Diligence Guidance, Responsible Minerals Initiative (RMI)

Third-party Assurance: Independent third-party assessment

UN Sustainable Development Goals

  • SDG 8: Decent Work and Economic Growth
  • SDG 10: Reduced Inequalities
  • SDG 12: Responsible Consumption and Production
  • SDG 17: Partnerships for the Goals

Better Mining's initiatives contribute to these goals by promoting decent work conditions, reducing inequalities in access to resources and opportunities, promoting responsible sourcing practices, and fostering partnerships among stakeholders.