Centaurus Metals Limited
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:2506 tCO2e/year (Scope 1 & 2, excluding carbon sink)
Renewable Energy Share:80% (Brazilian grid power)
Waste Generated:27 tons/year (hazardous and inert)
Carbon Intensity:4.69 tonnes of CO2/tonne of nickel equivalent (projected for JNP)
ESG Focus Areas
- Environment
- People
- Community
- Governance
Environmental Achievements
- Reduced GHG emissions to 2,506t of CO2eq, excluding carbon sinks; Jaguar Project acts as a carbon sink, removing approximately 12,000 tonnes of GHG annually.
- Completed extensive baseline environmental and social studies and lodged the Environmental & Social Impact Assessment (EIA/RIMA) report for the JNP.
- Implemented waste segregation and recycling programs.
- Established a plant nursery at the JNP to facilitate revegetation and create forest corridors.
Social Achievements
- Provided a health plan for all employees in Brazil, including mental health and counselling services.
- Launched construction training programs for local residents, aiming to train 1,500 people.
- 89% of the project workforce is from the south-eastern region of Pará.
- Over 80% of investment expenditure was awarded to local businesses.
Governance Achievements
- Board review of existing 12 corporate governance policies with no reported breaches.
- Formal adoption of Towards Sustainable Mining (TSM) Principles and Principles of Responsible Investment (PRI).
- Commitment to annual ESG reporting.
Climate Goals & Targets
Long-term Goals:
- Become an ESG leader in the global critical minerals industry.
Medium-term Goals:
- Set targets for renewable energy use, energy efficiency, biodiversity management, water and waste management.
Short-term Goals:
- Complete JNP Definitive Feasibility Study (DFS) by end of 2023.
- Improve safety performance.
Environmental Challenges
- Maintaining safety performance (TRIFR and LTIFR above benchmarks).
- Managing future GHG emissions once the JNP is in production.
- Addressing infrastructure challenges in the region (poor road conditions).
Mitigation Strategies
- Implementing an OHS management software (SICLOPE) to improve safety performance.
- Researching technology options for energy efficiency in mine and process plant design.
- Funding the construction of bridges, culverts, and road upgrades.
Supply Chain Management
Responsible Procurement
- Prioritising local procurement (over 80% of investment expenditure).
Climate-Related Risks & Opportunities
Opportunities
- Low carbon footprint of JNP due to high-grade ore and renewable energy.
Reporting Standards
Frameworks Used: Towards Sustainable Mining (TSM) Principles, Principles of Responsible Investment (PRI)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:1,476.3t CO2 (Scope 1 and 2)
Waste Generated:6.7t hazardous waste, 16.9t inert waste
Carbon Intensity:7.27 tonnes of CO2/tonne of nickel equivalent (projected for JNP).
ESG Focus Areas
- Environment
- People
- Community
- Governance
Environmental Achievements
- Planted over 9,800 native species seedlings in 2023 to establish forest corridors around the JNP site.
- Completed extensive baseline environmental and social studies for JIOP.
- Lodged the Environmental & Social Impact Assessment (EIA-RIMA) report for the JIOP.
- JNP emissions are expected to be extremely low at 7.27 tonnes of CO2/tonne of nickel equivalent, lower than 94% of existing global nickel production.
Social Achievements
- Zero fatalities.
- Offered nine free online training programs to local residents, with over 900 completing the programs.
- Health plan provided for all employees in Brazil, including mental health and counselling services.
- Improved local infrastructure and provided education and employment opportunities.
Governance Achievements
- Board review of existing corporate governance policies.
- Review of the Whistleblowing Policy in compliance with Brazilian regulations.
- No reported breaches of governance policies.
- Compliance with all governmental licensing and approvals.
Climate Goals & Targets
Medium-term Goals:
- Set targets for renewable energy use, energy efficiency, biodiversity management, water and waste management.
Short-term Goals:
- Complete JNP FS by end of first half of 2024.
Environmental Challenges
- Market volatility in the nickel market.
- Managing waste streams and emissions during exploration.
- Improving TRIFR performance.
Mitigation Strategies
- Reshaped the development path for the JNP, focusing on an initial “concentrate-only” project.
- Waste segregation and recycling program.
- Wastewater treatment systems installed in exploration camps.
- Working closely with OHS teams and contractors on health and safety programs.
Supply Chain Management
Responsible Procurement
- Prioritising local businesses for contracts.
Climate-Related Risks & Opportunities
Opportunities
- JNP's potential to become a leading low-carbon nickel project.
Reporting Standards
Frameworks Used: Towards Sustainable Mining (TSM) Principles, Principles of Responsible Investment (PRI)