Bezant Resources Plc
Climate Impact & Sustainability Data (2020)
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- No specific quantified environmental achievements are mentioned in the report.
Social Achievements
- The Company adheres to a policy that protects the environment, health and safety of employees, third parties and local communities. No specific social initiatives with outcomes are detailed.
Governance Achievements
- Established two committees: Audit and Remuneration. Implemented a share incentive scheme.
Climate Goals & Targets
Environmental Challenges
- Risk of development, construction, mining operations and uninsured risks.
- Currency risk
- Copper-gold price volatility
- Economic, political, judicial, administrative, taxation or other regulatory factors
- Loss of critical processes
- Competition
- Future funding requirements
- Dependence on key personnel
- COVID-19 pandemic
Mitigation Strategies
- Production and mining planning to limit risks.
- Work at home policy and local procedures for exploration activities to address COVID-19.
- Fundraisings of £350,000 on 19 June 2020 and £625,000 on 28 August 2020.
- Group-wide share incentive scheme.
- Using third-party exploration services for cost savings and risk diversification.
Supply Chain Management
Responsible Procurement
- Using local contractors and suppliers