Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance
• Conflict Minerals
• Local Community Support
• Clean water initiative
• Food and healthcare insurance support
• Corporate Governance

Environmental Achievements

• Minimising impact on the environment is a strong company focus. This includes reducing our carbon footprint and water usage, reforestation and protecting biodiversity.
• Eastinco Limited currently provides the maintenance support on 65 solar water purification units that are donated free of cost to schools in Rwanda. Each unit is 100% solar-powered and can provide safe UV- filtered and bacteria-free drinking water for up to 400 school children and teachers. This clean water initiative helps to provide safe drinking water to over 26,000 children.
• The Group uses less than 40,000 kWh of energy per annum.

Social Achievements

• Participation in local community projects, including donating and planting 3,000 tree saplings over the project took place during the year.
• Provided food and healthcare insurance support in the Musasa area of Rwanda during the Covid-19 pandemic.
• In January 2023, the International Tin Supply Chain Initiative (“ITSCI”), a programme for responsible mineral supply chains, approved our application in Rwanda and granted Membership Status to the Company.

Governance Achievements

• The Company conforms to the QCA Corporate Governance Code and applies this to all its subsidiaries.
• Policies and procedures have been established for strong corporate governance including anti-corruption and anti-bribery matters.

Climate Goals & Targets

Environmental Challenges

• Deterioration in the Metal Markets
• Funding Risk
• Dependence on Key Personnel
• Environmental Risk
• Political Risk
• Estimates of Mineral Reserves and Resources

Mitigation Strategies

• The management team has wide-ranging expertise in capital markets, mineral exploration, and trading which, together with a flexible cost structure, enable the Group to adapt its organisation to changes in circumstances.
• Environmental management systems are in place to mitigate environmental hazard risks. The Group uses advisors with specialist knowledge in mining and related environmental management for reducing the impacts of environmental risk.
• Our local joint venture partners and subsidiary management teams maintain excellent communication with local stakeholders, ensuring that they have the necessary knowledge and expertise to assist the Company in mitigating any political risk associated with any particular project investment.
• The Directors are confident that they have put in place a strong management team capable of dealing with the above issues as they arise.

Supply Chain Management

Responsible Procurement

• The Group has detailed policies and procedures in place on a range of relevant areas such as business ethics, diversity and inclusion, insider dealing and share dealing and human rights and modern slavery

Climate-Related Risks & Opportunities

Opportunities

• development of energy-efficient products

Reporting Standards

Frameworks Used: TCFD, QCA Corporate Governance Code 2018, OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas

Certifications: ITSCI Membership Status