Climate Change Data

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