Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental, Social, and Governance (ESG) factors

Climate Goals & Targets

Environmental Challenges

• Pending and proposed regulation to address global climate change and limit GHG emissions.
• Potential for adverse market impact if comprehensive legislation or regulations focusing on GHG emission reductions are adopted, or if customers are unable to obtain financing for their operations.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Time required to acquire surface mining permits continues to increase.
• Limited information from which data could be extracted (digital map files, geologic models, and spreadsheets).
• Limited information from which data could be extracted (digital map files, geologic models, and spreadsheets).

Mitigation Strategies

• Corsa should dedicate continuing efforts to permit mining areas well ahead of current mining to better assure that production will not be interrupted.
• Incorporation of results from recent exploration, coal quality testing, and active mining.
• Updated economic analysis.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: NI 43-101, CIMDS

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Adverse geological conditions at the Horning and Acosta mines increased costs per ton sold.
• Reduced sales volumes of metallurgical and thermal coal.
• Lower pricing on domestic metallurgical coal contracts and lower export metallurgical coal prices.

Mitigation Strategies

• The Company entered into an agreement to sell the idled Rockwood Plant, a refuse facility and an adjacent parcel of land (expected to close in Q3 2024).

Supply Chain Management

Climate-Related Risks & Opportunities

Transition Risks

• Comprehensive legislation or regulations focusing on GHG emission reductions.
• Customers' inability to obtain financing for their operations due to GHG emission concerns.

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Adverse geological conditions increased costs per ton sold.
• Employee turnover in 2022 resulted in the need to hire and train new inexperienced underground miners.

Supply Chain Management

Climate-Related Risks & Opportunities

Transition Risks

• Comprehensive legislation or regulations focusing on GHG emission reductions are adopted, or if our customers are unable to obtain financing for their operations.