Conroy Gold and Natural Resources Plc
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Environmental, Social, and Governance (ESG)
Social Achievements
- Supported Jewellery and Gold Exhibition in Armagh
Governance Achievements
- Adopted the QCA Corporate Governance Code
Climate Goals & Targets
Environmental Challenges
- General economic activity
- Global gold prices
- Government and environmental regulations
- Fluctuating metal prices
- Requirement and ability to raise additional capital
- Price volatility of publicly traded securities
- Environmental and safety legislation changes
- Climate change legislation and regulations
- Inherent speculation in drilling for gold resources
- Unforeseeable operating problems rendering gold finds uneconomic
- Impact of the COVID-19 pandemic
- Impact of the Russia/Ukraine war on energy prices and supply
Mitigation Strategies
- Regular review of Group cash flow projections and consideration of different funding sources
- Employing staff and consultants experienced in environmental regulations
- Employing highly competent experienced staff and using a range of techniques to minimize risk prior to drilling
- Utilizing independent experts to assess exploration results
- Taking necessary measures to protect employees, contractors, and partners
- Closely monitoring the Russia/Ukraine situation and its potential impact on operations
Supply Chain Management
Responsible Procurement
- Requires partners, contractors, and suppliers to meet similar ethical standards