Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental stewardship
• Health and safety
• Community relations

Environmental Achievements

• Initiated the process to obtain the UL ECOLOGO® certification to promote environmental, social and economic best practices.
• Ships out scrap metal for recycling after completing exploration programs in Nunavik.

Social Achievements

• All field work activities adhere to required operational rules relating to the COVID-19 pandemic.
• Upgraded standards regarding personal protective equipment to address cold working conditions.
• Sends letters to communities to inform them of exploration activities.
• Engages the services of a local Inuit business to provide logistical support for Nunavik exploration programs.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• The COVID-19 pandemic may continue to create operational uncertainties.

Mitigation Strategies

• Not disclosed

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: UL ECOLOGO®

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental Stewardship
• Health & Safety
• Community Relations
• Governance

Environmental Achievements

• After completing exploration programs in Nunavik, the Company ships out scrap metal for recycling.
• The Company is actively involved in a restoration initiative to clean up historical exploration sites in Nunavik.
• The Company is also involved in similar clean-up programs in the James Bay region.

Social Achievements

• In Q1 2024, the Company spent $2.7 million ($2.3 million – Q1 2023) acquiring goods and services in the Eeyou Istchee James Bay region, including services provided by residents of the Cree village of Eastmain.
• The Company sends letters to inform communities of the Company’s exploration activities in compliance with provincial law and holds information meetings with stakeholders on a timely basis.
• The Company engages the services of a local Inuit business to provide logistical support for the Nunavik exploration programs.
• The Company offers employment opportunities to members of local communities.

Governance Achievements

• The Company implemented a Code of Business Conduct and Ethics outlining the behaviour expected from all directors, officers and employees.
• The Company also implemented a Workplace Psychological or Sexual Harassment Prevention Policy outlining the behaviour expected from all directors, officers, employees and contractors.
• The Company intends to complete its application for UL ECOLOGO® certification when possible.

Climate Goals & Targets

Environmental Challenges

• Rising inflation triggered by higher prices of goods and services, combined with the effects of the COVID-19 pandemic, have caused disruptions to supply chains that may continue to create operational uncertainties for the Company.
• Access bans in response to widespread wildfires caused significant delays to the Company’s summer exploration programs.

Mitigation Strategies

• Azimut has a proven funding strategy of leveraging its investments and funds through a combination of negotiated partnerships with government entities and selected private sector partners to fund its progress on specific properties and its annual development program.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• wildfires