Kingsrose Mining Limited (ASX:KRM)
Climate Impact & Sustainability Data (2024)
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Environmental Stewardship
- Community Engagement
- Responsible Exploration Techniques
- Prior Informed Consent (FPIC)
Environmental Achievements
- Developing a Process Agreement with reindeer herding community in Norway
- Carrying out rigorous environmental and cultural heritage surveys exceeding legal mandates
- Employing a sustainability team to integrate sustainability into operations
Social Achievements
- Proactive engagement via public meetings and individual consultations
- Transparent communication and community involvement in all project phases
- Co-design and co-development with local communities
Governance Achievements
- Publicly traded on the Australian Stock Exchange (ASX:KRM), operating to high standards of governance and transparency
Climate Goals & Targets
Environmental Challenges
- Potential social and environmental impacts of exploration activities
- Balancing exploration with the needs of reindeer herding communities and other stakeholders
Mitigation Strategies
- Extensive stakeholder consultations and community engagement
- Comprehensive social and environmental surveys
- Phased project advancement to allow for comprehensive surveys and mitigation
Supply Chain Management
Responsible Procurement
- Not explicitly detailed, but implied through commitment to responsible exploration
Climate-Related Risks & Opportunities
UN Sustainable Development Goals
- Goal 7 (Affordable and Clean Energy)
- Goal 9 (Industry, Innovation, and Infrastructure)
- Goal 13 (Climate Action)
Exploration for critical minerals to support the clean energy transition