Power Metal Resources PLC
Climate Impact & Sustainability Data (2021, 2023)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Community Investment
- Employee Relations
- Responsible Operations
Environmental Achievements
- Secured approval of Environmental Management Plan for Kalahari Copper Belt and Ditau Camp projects
Social Achievements
- Recruited a community relations officer at Red Rock Australasia Pty Ltd to engage with local communities
Governance Achievements
- Maintained directors’ and officers’ liability insurance
- Regularly reviewed risk management policies and systems
Climate Goals & Targets
Long-term Goals:
- Secure further disposals of project portfolio interests to achieve financial self-sustainability
Medium-term Goals:
- Advance spin-out model, securing independent listings of multiple vehicles
Short-term Goals:
- Advance in-house exploration projects, focusing on exploration drill programs
Environmental Challenges
- Operational progress in DRC was difficult to secure
- COVID-19 pandemic impacting exploration and drilling activities
Mitigation Strategies
- Impaired investment in Kisinka Project in DRC
- Reduced non-essential expenditure
- Preservation of cash flows
- Secured further funding through equity raisings
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Environmental Management
- Social Engagement
- Governance
Climate Goals & Targets
Supply Chain Management
Responsible Procurement
- Working with consultants & suppliers who promote and share our ESG philosophy