Conic Metals Corp.
Climate Impact & Sustainability Data (2018-2020, 2019)
Reporting Period: 2018-2020
Environmental Metrics
Total Carbon Emissions:15.6 tCO2e/tonne of nickel (average 2018-2020)
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:15.6 tCO2e/tonne of nickel
ESG Focus Areas
- Greenhouse Gas Emissions
- Environmental Impact
- Health and Safety
- Energy and Water Usage
- Rehabilitation and Land Reclamation
Environmental Achievements
- Ramu Nickel-Cobalt operation confirmed as one of the lowest GHG emitters amongst nickel producers, with an average GHG intensity of 15.6 tCO2e/tonne of nickel in MHP (Scope 1 + Scope 2).
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Reduce GHG intensity by 40% within 5-10 years.
Short-term Goals:
- Not disclosed
Environmental Challenges
- Reducing overall environmental impact of Ramu operation.
Mitigation Strategies
- Exploring options to reduce GHG intensity by 40% by eliminating on-site electricity generation and using renewable sources (projected within 5-10 years).
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: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2019
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Governance Achievements
- Appointment of Ms. Candace MacGibbon to the Board of Directors, finalizing the members of each of the Board’s fully independent committees.
Climate Goals & Targets
Short-term Goals:
- Obtain an ESG rating from one of the various ESG rating agencies.
Environmental Challenges
- Lack of information on environmental and social policies and governance practices in the mining industry.
Mitigation Strategies
- Initiating an ESG compliance initiative to obtain an ESG rating and integrate ESG criteria into operations and strategic plans.