EMX Royalty Corporation
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:5686 tCO2e/year
Scope 1 Emissions:5556 tCO2e/year
Scope 2 Emissions:130 tCO2e/year
ESG Focus Areas
- Environmental Stewardship
- Social Responsibility
- Corporate Governance
- Stakeholder Engagement
- Continuous Improvement
Environmental Achievements
- Completed greenhouse gas (GHG) emissions assessments to quantify Scope 1 and Scope 2 emissions company-wide. Total Corporate Greenhouse Gas Emissions in 2023: 5,686 Tonnes of CO2e (5,556 Scope 1, 130 Scope 2).
Social Achievements
- Maintained a low employee turnover rate (3 incidents in 2022, 1 in 2023); Accident Frequency Rate decreased from 5.28 in 2022 to 2.18 in 2023.
- Implemented a comprehensive waste management policy focusing on reduction, reuse, and recycling.
Governance Achievements
- Established an ESG Committee to oversee ESG issues; linked ESG performance to executive compensation (15% of annual bonus).
Climate Goals & Targets
Short-term Goals:
- Complete GHG emissions assessments annually; explore renewable energy sources for project sites; conduct energy baseline assessment; evaluate carbon offset projects.
Environmental Challenges
- Indirect influence on ESG factors related to royalty assets and mining partners.
- Maintaining high ESG standards across diverse geographical regions with varying social and environmental contexts.
Mitigation Strategies
- Review of royalty partner/asset ESG performance through partner/royalty agreements.
- Tailored community relations strategies to specific regional needs and concerns.
- Ongoing monitoring and engagement with invested entities to ensure continued sustainability in their practices.
Supply Chain Management
Responsible Procurement
- Local hiring and procurement practices on exploration projects.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, ICMM, IFRS, TCFD, SASB, ISSB