Climate Change Data

Goldgroup Mining Inc.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental Protection
  • Community Relations
  • Social and Environmental Policies
  • Human Rights

Environmental Achievements

  • Not disclosed

Social Achievements

  • Adopted a Code of Business Conduct and Ethics to minimize negative environmental impact and accommodate different cultures.
  • Adopted an Environmental and Safety Policy.

Governance Achievements

  • Established an Audit Committee, a Governance and Nominating Committee, and a Compensation Committee.
  • Implemented pre-approval policies and procedures for auditing and non-audit services by external auditors.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Recurring operating losses and working capital deficiency.
  • Legal disputes with DynaUSA.
  • Competition for water and water shortages.
  • Uninsured risks (environmental pollution, mine flooding).
  • Theft of precious metals.
  • Community relations and license to operate.
  • Outside contractor risks.
  • Risks related to archaeological sites.
  • Foreign currency risks.
  • Security and human rights risks.
  • Land reclamation and mine closure requirements.
  • COVID-19 pandemic impact.
Mitigation Strategies
  • Implementing extensive community relations, security, and safety initiatives.
  • Seeking additional financing.
  • Pursuing legal avenues to resolve disputes.
  • Implementing measures to protect assets from theft.
  • Carrying industry-standard insurance coverage.
  • Implementing measures to manage social issues.
  • Implementing measures and safeguards to ensure personnel uphold human rights standards.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

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

Reporting Standards

Frameworks Used: NI 43-101

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed