Athabasca Minerals Inc.
Climate Impact & Sustainability Data (2020)
Reporting Period: 2020
Environmental Metrics
Total Carbon Emissions:Not disclosed
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:Not disclosed
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Implemented an Employee Share Purchase Plan (ESP Plan) to encourage employee interest and provide an additional investment opportunity.
- Implemented new health and safety policies and protocols in response to the COVID-19 pandemic.
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- COVID-19 pandemic impacting business operations, workforce productivity, and market conditions.
- Economic cyclicality of the energy industry affecting demand for products and services.
- Commodity pricing risks in a competitive market.
- Increasingly stringent environmental and regulatory legislation.
- Access to capital for planned and future projects.
- Risk of delays to projects due to stakeholder management factors.
- Seasonality impacting mining, logistics, and project activities.
- Potential loss of key personnel.
- Shortage of equipment or other supplies.
- Variability in sales and inventory turnover versus production.
- Potential for actual costs to differ from estimates.
- Reclamation and remediation obligations.
- Risk of actual reserves varying from geological estimates.
- HSE operational risks.
- Cyber security risks.
- Potential for litigation.
Mitigation Strategies
- Monitoring and taking corrective action in accordance with government guidelines to mitigate the impact of COVID-19.
- Focusing on long-term, partnership-oriented relationships with customers.
- Implementing financial initiatives to preserve cash flow (CEBA loans, CEWS, CERS, loan deferment).
- Intending to conduct mineral development activities in compliance with applicable environmental protection legislation.
- Exploring options for strategic partnerships or divesture for certain projects.
- Striving to retain key employees with competitive compensation.
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: NI 43-101
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed