Climate Change Data

Jervois Global Limited

Climate Impact & Sustainability Data (2022, 2023)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:15,300 tCO2e/year (JFO)
Scope 1 Emissions:6,168.8 tCO2e/year (JFO)
Scope 2 Emissions:9,175.9 tCO2e/year (JFO)
Renewable Energy Share:15.2% (JFO)
Total Energy Consumption:147,307 GJ/year (JFO)
Water Consumption:886,258 m3/year (JFO)
Waste Generated:52.6 tons hazardous waste/year (JFO), 712.4 tons non-hazardous waste/year (JFO)
Carbon Intensity:2.91 tCO2e/t Co (JFO 2022)

ESG Focus Areas

  • Decarbonization
  • Responsible, Ethical Supply Chains
  • Diversity & Inclusion
  • Community Engagement

Environmental Achievements

  • JFO’s Carbon Reduction Roadmap and 2035 Net Zero Target approved. Reductions in Scope1 and 2 emissions and related strategies outlined.
  • At JFO, almost 100% of non-hazardous wastes were recycled or reused in 2022. The proportion of all wastes going to final disposal declined from 24.7% to 8.0% between 2020-22.
  • ICO’s zero discharge tailings storage facility in operation and underwent 3rd party audit in 2022. Benchmarking against Global Tailings Standard initiated.

Social Achievements

  • Maintained zero work-related fatalities across the business during 2022 and improved injury rates by 25% compared to 2021.
  • ICO CBA in final stages. All operations advancing on formal community engagement strategies.

Governance Achievements

  • Incurred no fines, sanctions or penalties and incurred zero human rights related incidents in 2022.
  • JFO’s robust due diligence framework continues to conform with Responsible Minerals Initiative (“RMI”) requirements.

Climate Goals & Targets

Long-term Goals:
  • Net zero emissions by 2035 (JFO)
Medium-term Goals:
  • Reduce Scope 1 and 2 emissions by 60% by 2030 (JFO)
Short-term Goals:
  • Reduce Scope 1 and 2 emissions by 40% by 2025 (JFO)
  • Achieve energy savings of 3.385 GWh between 2020 and 2025 (JFO)

Environmental Challenges

  • Supply chain disruptions
  • High employee turnover at ICO (31%) linked to competitive job market in the U.S.
  • Two reportable environmental incidents at ICO
  • Local employment challenges at ICO due to labor shortages and limited availability of skilled labor
Mitigation Strategies
  • Formed a Responsible Supply Chain Working Group and took initial steps to expand JFO’s due diligence program to other operations.
  • Planned actions to support life-long learning and professional development and strengthening of grievance mechanisms at ICO.
  • Immediately addressed environmental incidents at ICO and reinforced management systems and engagement with contractors.
  • Multiple strategies to support diversity, equity and inclusion are underway, including local job fairs and inclusivity reviews of job descriptions.

Supply Chain Management

Supplier Audits: JFO’s Responsible Mineral Supply Chain program was subjected to a third-party audit and certificate of conformance with the RMI granted.

Responsible Procurement
  • OECD Due Diligence Guidance on Responsible Mineral Supply Chains
  • RMI’s Downstream Assessment Program (DAP)
  • Supplier Standard
  • Code of Ethics and Business Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Flooding
  • Droughts
  • Forest fires
  • Insect outbreaks
  • Erosion
  • Landslides
  • Avalanches
Transition Risks
  • Regulatory changes
  • Carbon pricing
  • Reduced global demand for products
  • Increased costs of inputs
Opportunities
  • Increased cobalt and nickel prices and revenues
  • Cost savings due to energy efficiency measures
  • Reputational gains
  • Increased market valuation

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: ISO 45001 (JFO), ISO 9001 (JFO), ISO 14001 (JFO)

Sustainable Products & Innovation

  • Recycled cobalt products

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:17,809 tCO2e/year (JFO); Pre-production estimates: 33,319 tCO2e/year (ICO), 90,200 tCO2e/year (SMP)
Scope 1 Emissions:4,899 tCO2e/year (JFO)
Scope 2 Emissions:12,909 tCO2e/year (JFO)
Scope 3 Emissions:Not disclosed
Renewable Energy Share:23.3% (JFO)
Total Energy Consumption:131,532 GJ/year (JFO)
Water Consumption:839,808 m3/year (JFO)
Waste Generated:319.8 tons/year (JFO); 117,849 tons waste rock (ICO)
Carbon Intensity:3.68 tCO2e/t Co (JFO)

ESG Focus Areas

  • Stakeholder Engagement
  • Decarbonisation
  • Responsible Supply Chains
  • Diversity and Inclusion

Environmental Achievements

  • Increased recycling and reuse of non-hazardous wastes at JFO
  • Reduced CO2 emissions at JFO
  • Increased water recycling at JFO (5.9:1 ratio of recycled to withdrawn water)

Social Achievements

  • Zero work-related fatalities across all operations
  • Zero significant disputes with workforce, local communities, and indigenous peoples
  • 97% of employees and 100% of on-site contractors received OHS training

Governance Achievements

  • No fines or sanctions for non-compliance with laws and regulations
  • No significant incidents related to human rights
  • JFO achieved a Gold Medal in the EcoVadis Sustainability Assessment (top 2%)

Climate Goals & Targets

Long-term Goals:
  • Achieve net-zero Scope 1 and 2 emissions by 2035 at JFO
Medium-term Goals:
  • Achieve 60% renewable energy by 2030 at JFO
  • Achieve 40% reduction in GHG emissions by 2025 at JFO
Short-term Goals:
  • Reduce water consumption at JFO
  • Reduce energy consumption at JFO

Environmental Challenges

  • Unfavorable market conditions leading to suspension of ICO and SMP operations
  • Workforce reductions due to cost-cutting measures
  • Limited data availability for ICO and SMP due to suspended operations
Mitigation Strategies
  • Strengthening ESG frameworks and promoting peer-to-peer collaboration across operations
  • Transparent communication with employees and communities during operational pauses
  • Focusing on internal training and development during operational pauses

Supply Chain Management

Supplier Audits: 56% of targeted suppliers adhering to Supplier Standard in 2023

Responsible Procurement
  • Code of Ethics and Business Conduct
  • Supplier Standard
  • OECD Due Diligence Guidance

Climate-Related Risks & Opportunities

Physical Risks
  • Flooding
  • Droughts
  • Forest fires
  • Avalanches
Transition Risks
  • Regulatory changes
  • Carbon pricing
  • Market shifts
Opportunities
  • Increased demand for cobalt and nickel in EV batteries
  • Cost savings from energy efficiency measures
  • Reputational gains from sustainability initiatives

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: ISO 9001, ISO 14001, ISO 45001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 5
  • SDG 8
  • SDG 12
  • SDG 13

Initiatives align with Gender Equality, Decent Work and Economic Growth, Responsible Consumption and Production, and Climate Action

Sustainable Products & Innovation

  • Recycled cobalt products

Awards & Recognition

  • EcoVadis Gold Medal