Climate Change Data

Andrada Mining Limited

Climate Impact & Sustainability Data (2022, 2023, 2024 (1 March 2023– 29 February 2024))

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:8208 tCO2e/year
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:0%
Total Energy Consumption:58733 GJ/year
Water Consumption:140184 m3/year
Waste Generated:Not disclosed
Carbon Intensity:0.018 tonnes CO2e / tonne ore processed

ESG Focus Areas

  • Governance
  • People
  • Communities
  • Health and Safety
  • Environment

Environmental Achievements

  • Reduced Scope 1 and 2 emissions to 8,208 tCO2e
  • 0.018 tonnes CO2e / tonne ore processed
  • Engaged independent experts to model and assess groundwater availability

Social Achievements

  • N$186,918 invested in local community development projects
  • N$143 million spent with local and national suppliers
  • 86% of employees and 36% of contractors received Health, Safety and Emergency Response Training

Governance Achievements

  • Established ESG Committee in August 2021
  • Developed a draft ESG strategy
  • Adopted best practice policies available on website

Climate Goals & Targets

Long-term Goals:
  • Engage legislators on artisanal mining management and potential integration measures
Medium-term Goals:
  • Report Scope 3 emissions
  • Develop Biodiversity Strategy
  • Develop a social initiatives strategy framework
  • Human Rights Assessment
  • Appointment of a Country Manager
Short-term Goals:
  • Entrench H&S culture through intensive training
  • Undertake Climate Change Risk Assessment
  • Complete stakeholder mapping
  • Develop Uis Tin Mine closure plan

Environmental Challenges

  • High employee turnover (21% voluntary, 3.9% involuntary)
  • Health and safety performance did not meet expectations (four lost time injuries)
  • Groundwater levels declining
Mitigation Strategies
  • Contracted two independent Health and Safety Risk specialists for training
  • Appointed an experienced ESG Manager
  • Developing a formal stakeholder engagement plan
  • Investigating ways to improve health and safety culture and performance
  • Developing a stormwater management plan

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Prioritizes procurement from local and national businesses

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI Standards ‘core’ option, SASB

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:10,093 tCO2e
Scope 1 Emissions:3,649 tCO2e
Scope 2 Emissions:6,444 tCO2e (Location Based)
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:77,725 GJ
Water Consumption:116,435 m3
Waste Generated:132.7 tonnes (hazardous)
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Safety
  • Community Relations & Stakeholder Engagement
  • Local Employment, Community Development, and Socio-Economic Contribution
  • Environmental Compliance
  • Water Management

Environmental Achievements

  • Reduced total mineral waste produced by 0.08% despite a 26% increase in plant throughput.
  • Reduced operational water use by 17% from 140,184 m3 (FY 2022) to 116,435 m3 (FY 2023).
  • Improved water withdrawal intensity rate from 0.33 m3 in FY 2022 to 0.22 m3 per tonne of ore processed, in FY 2023.
  • Relocated 17 protected plant species during land clearing activities.

Social Achievements

  • Improved Lost Time Injury Frequency Rate (LTIFR) by 51% to 3.04 per million hours worked compared to FY 2022 (6.26).
  • Improved Total Recordable Injury Frequency Rate (TRIFR) by 35% to 8.09 per million hours worked compared to FY 2022 (12.53).
  • Trained 1,145 people (71% employees; 29% contractors) on health, safety, and emergency response, a 543% increase from FY 2022.
  • Spent £5,919 on community projects (though this represents a decrease from the previous year).

Governance Achievements

  • Reviewed and updated suite of sustainability policies, publishing two new policies (Whistleblowing and Tax Strategy) and expanding the Harassment Policy.
  • Implemented an electronic policy and procedure acknowledgement system.
  • Integrated sustainability-linked performance metrics into incentive compensation scorecards for senior leadership (accounting for 30% of the scorecard).

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Become ISO 45001:2018 and ISO 14001:2015 certified.
  • Develop a Net Zero Emissions Strategy.
  • Implement IFC-aligned Community Grievance Mechanism.
Short-term Goals:
  • Reduce LTIFR below 1.1 per million hours worked; achieve over 1 million LTI-free hours.
  • Develop a Group Climate Change Procedure; set science-based emission reduction targets.
  • Maintain social licence to operate through regular stakeholder engagement.

Environmental Challenges

  • High employee turnover due to the remote location of Uis Mine and the boom in the Namibian Mining Industry.
  • Decreased groundwater levels in the local water basin.
  • Potential impacts of climate change, including increased temperatures, drought, water scarcity, and extreme weather events.
  • Challenges in recycling general waste due to a lack of local facilities.
Mitigation Strategies
  • Developing an employee retention strategy focusing on local and Namibian employees, incentive schemes, and a collegial environment.
  • Investigating alternative water supply sources and desalination for future expansion.
  • Undertaking a Climate Change Risk Assessment to inform mitigation and adaptation measures.
  • Developing a Group Waste Management Procedure to improve waste management and record-keeping, and investigating a bioremediation facility.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Prioritising local and Namibian suppliers; total procurement expenditure of £10,348,996, with £9,140,578 spent in Namibia.

Climate-Related Risks & Opportunities

Physical Risks
  • Increased temperatures, drought, water scarcity, wildfires, flooding
Transition Risks
  • Regulatory changes, increased carbon tax regimes
Opportunities
  • Development of energy-efficient products and processes; renewable energy solutions.

Reporting Standards

Frameworks Used: GRI Universal Standards, SASB

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 3, SDG 5, SDG 8, SDG 12, SDG 13, SDG 15

Initiatives contribute to these goals through responsible mining practices, community development, employee well-being, environmental stewardship, and climate change mitigation.

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2024 (1 March 2023– 29 February 2024)

Environmental Metrics

Total Carbon Emissions:14,134 tCO2e/year
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:117,423 GJ/year
Water Consumption:187,603 m3/year
Waste Generated:158 tons/year (hazardous)
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Health & Safety
  • Community Relations
  • Talent Attraction & Retention
  • Fair Wages
  • Water Management
  • Climate Change
  • Biodiversity
  • Responsible Tailings and Hazardous Waste Management
  • Responsible Waste Management
  • Efficient Use of Energy and Natural Resources
  • Compliance with Environmental Laws
  • Strong Corporate Governance
  • Contribution to Local Economies
  • Human Rights
  • Ethical Business Conduct
  • Local Employment
  • Employee Training and Development
  • Community Relations
  • Responsible Water Use and Consumption

Environmental Achievements

  • Improved energy use efficiency by 7% year-on-year
  • Developed a biodiversity strategy and action plan for Uis
  • Undertook a TCFD-aligned scenario analysis to integrate climate risks into risk management
  • Updated Uis Mine’s ESIA and OEMP to align with IFC Performance Standards

Social Achievements

  • Implemented an IFC-aligned grievance mechanism
  • Developed a formal stakeholder engagement plan
  • Rolled out Corporate Social Investment (CSI) strategy and framework
  • Increased workforce from 211 in FY2023 to 240 in FY2024
  • In-country Procurement Spend representing 95% of total procurement

Governance Achievements

  • Annual benchmarking against the International Council for Mining and Metals’ (ICMM) 10 Mining Principles
  • Developed a suite of sustainability-linked policies
  • Established a board-level ESG Committee

Climate Goals & Targets

Long-term Goals:
  • Net Zero emissions
Medium-term Goals:
  • Become ISO45001:2018 Certified by FY2026
  • Complete the Net Zero Strategy
  • Finalise water efficiencies through optimisation of water use and prevention of water loss
  • Implementation of the Biodiversity Action Plan Strategy
  • Update Mine Closure Plan
  • Align to GISTM requirements
Short-term Goals:
  • Reduce LTIs to below industry standard of 1.1 per million hours worked
  • Maintain a Fatal Injury Frequency Rate of 0.00
  • Develop and implement a site-specific Stakeholder Engagement and Management Plan
  • Develop and implement an IFC aligned Community Grievance Mechanism
  • Implement CSI Strategy to enhance community development
  • Establish KPIs to monitor social performance
  • Become ISO14001:2015 certified by FY2026
  • Establish Scope 1, 2 and 3 Science-based emissions targets and a Net Zero Strategy
  • Drive water efficiencies through optimisation of water use and prevention of water loss
  • Develop operational Biodiversity Action Plans
  • Strengthen operational waste management procedures including hazardous waste management
  • Full GISTM conformance by August 2025

Environmental Challenges

  • Increased water abstraction exceeding permitted limits
  • 40% increase in Scope 1 and 2 CO2e emissions year-on-year due to increased diesel consumption
  • Need for resettlement of local community for future expansion (potential challenge)
Mitigation Strategies
  • Installation of additional filter presses to increase water recycling
  • Improved flow monitoring with additional flow meters
  • Employee training on water conservation and prompt leak reporting
  • Development of a water management plan and operating strategy
  • Exploration of desalination bulk water supply solution with NamWater
  • Investigation and investment in renewable energy options and energy efficiency initiatives
  • Development of a best-practice resettlement framework aligned with IFC guidelines

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Prioritising local, regional, and national suppliers; requiring same standards as international suppliers; collaborative approach to capacity building

Climate-Related Risks & Opportunities

Physical Risks
  • Water scarcity
  • Extreme weather
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Development of energy-efficient products and processes
  • Nature-based solutions

Reporting Standards

Frameworks Used: GRI Universal Standards, Sustainability Accounting Standards Board (SASB) Mining Metals indicators, ICMM 10 Mining Principles, IFC Performance Standards, Equator Principles, TCFD, TNFD, GISTM

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 6 (Clean Water and Sanitation)
  • SDG 8 (Decent Work and Economic Growth)
  • Other SDGs (mentioned but not explicitly detailed)

Various initiatives contribute to these goals through community development, employment, water management, and environmental protection.

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed