Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Management
• Social Development
• Regulatory Compliance

Environmental Achievements

• Planted fast-growing seedlings and produced fast-growing plants/trees and grass.
• Conducted regular road watering at Rapid City (South).
• Constructed a series of settling ponds at the mine pit area.
• De-silted settling ponds located at the causeway and mine pit.
• Collected and segregated 70 kg of biodegradable and non-biodegradable wastes.
• Obtained ISO 14001 Environmental Certificate.

Social Achievements

• Improved water systems in Brgy. Esperanza and Panamaon Elementary School.
• Constructed a reservoir in Sitio Omasdang and a mini-gym in Sitio Omasdang.
• Provided cash assistance to Monasterio De San Benito.
• Offered skills training and enhancement for sustainable fishing.
• Provided religious assistance to various religious organizations in Brgy. Panamaon.
• Repaired worn-out electrical wirings in Brgy. Panamaon.

Governance Achievements

• Complied with DENR audit findings, including full funding of SDMP and Rehabilitation Fund.

Climate Goals & Targets

Environmental Challenges

• Difficult macroeconomic environment and low nickel ore prices.
• Typhoon Yolanda's devastation in Leyte Island, impairing CHGSI assets.
• DENR mining audit with adverse findings and recommendations for suspension (though ultimately not suspended).
• DENR Notice of Adverse Findings (NAF) for the Cement and Limestone project.

Mitigation Strategies

• Maintained a strong balance sheet and positive cash position.
• Continued negotiations with investors and technology partners for the smelting plant.
• Complied with DENR audit findings and recommendations.
• Responded to the DENR NAF, arguing for substantive compliance with ECC conditions.

Supply Chain Management

Climate-Related Risks & Opportunities