Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Completed environmental and social impact study (ESIA) work in April 2020 to identify potential social and environmental impacts of developing Abujar and outline proposed mitigation measures.
• Made a 5,000,000XOF (~A$12,300) donation to an Ivorian food bank in June and donated general supplies to villages within the Abujar project area.

Social Achievements

• Celebrated 500 LTI-free days (lost time injury) since commencing diamond drilling with company-owned drill rigs.
• Held the 5th Annual Community Gathering to celebrate collaboration between Tietto and local communities and landowners.
• Reconstructed 47km of internal access roads within the Abujar Middle Tenement.
• Completed expansion of the Abujar exploration camp to accommodate 50 people.

Governance Achievements

• Appointment of Mark Strizek as Executive Director in December 2019.
• Successful capital raising of A$17.0 million in November 2019 and approximately $56.6 million post year-end in August 2020.

Climate Goals & Targets

Environmental Challenges

• Potential impact from COVID-19 in Côte d'Ivoire.

Mitigation Strategies

• Implemented comprehensive hygiene and self-isolation policies, adopted quarantine protocols, strengthened site safeguards, stockpiled supplies and fuel.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: JORC Code (2012 Edition)

Third-party Assurance: BDO Audit (WA) Pty Ltd

Environmental Metrics

ESG Focus Areas

• Diversity
• Environmental Sustainability
• Social Responsibility
• Risk Management

Social Achievements

• Increased female representation in several divisions: Commercial (26%), Finance (67%), Health, Safety & Environment (27%), Human Resources (22%). More than half of 100 contractors in Administration are female (56%).
• Company-wide target of 30% female representation in 5 years and a long-term target of 40% female / 40% male / 20% unallocated.

Governance Achievements

• Established a separate audit committee.
• Adopted a Diversity Policy.
• Established a Code of Conduct, Whistleblower policy, and Anti-Bribery and Corruption policy.

Climate Goals & Targets

Environmental Challenges

• Exposure to economic risks (general economy and economic cycle).
• Potential environmental impacts (biodiversity, air, land, and water resources).
• Potential impacts on local communities.
• Existing environmental liabilities.
• Risks from significant natural disasters or external events.

Mitigation Strategies

• Risk management procedures and processes to minimize economic risks.
• Commitment to highest standard of environmental obligation and compliance with all environmental laws.
• Engagement with stakeholders (traditional owners, landholders, communities).
• Monitoring ongoing environmental obligations and implementing rehabilitation and corrective actions.
• Mitigating the impact of significant natural disasters and prioritizing staff safety and wellbeing.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Flooding
• Water scarcity

Transition Risks

• Changes in government policy

Reporting Standards

Frameworks Used: ASX Principles of Good Corporate Governance and Best Practice Recommendations

Environmental Metrics

ESG Focus Areas

• Diversity
• Risk Management
• Environmental Sustainability
• Social Sustainability
• Corporate Governance

Social Achievements

• Increased female representation in several divisions: Commercial (28%), Finance (67%), Health, Safety & Environment (23%), Human Resources (22%).
• Company-wide policy to employ based on merit, complying with labor codes of Australia, Cote D’Ivoire, and other operating countries.

Governance Achievements

• Established a Diversity Policy with a 5-year target of 30% female representation and a long-term target of 40% female/40% male/20% unallocated.
• Established a Remuneration and Nomination Committee.
• Established an Audit Committee.
• Implemented a Code of Conduct, Whistleblower Policy, and Anti-Bribery and Anti-Corruption policy.

Climate Goals & Targets

Environmental Challenges

• Potential environmental impacts from mining operations (biodiversity, air, land, and water resources).
• Water scarcity or restrictions, and water excess (flooding).
• Economic risks associated with the economic cycle and general economy-wide risks.
• Social license to operate concerns.
• Existing environmental liabilities.
• Potential impact of significant natural disasters or external events.

Mitigation Strategies

• Commitment to conducting activities to the highest standard of environmental obligation and compliance with all environmental laws.
• Engagement with traditional owners, landholders, municipalities, local communities, and other stakeholders.
• Risk management procedures and processes to identify, manage, and minimize exposure to economic risks.
• Continual monitoring of ongoing environmental obligations and risks, implementing rehabilitation and corrective actions as appropriate.
• Mitigation strategies to minimize the impact of significant natural disasters or external events, prioritizing staff safety and wellbeing.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Flooding
• Water scarcity

Transition Risks

• Changes in Government policy

Reporting Standards

Frameworks Used: ASX Principles of Good Corporate Governance and Best Practice Recommendations