What is ESG?
Environmental, Social, and Governance (ESG) refers to the key non-financial domains of corporate performance related to (E) environmental stewardship and sustainability, (S) relationships with employees, suppliers, customers, and the communities where a company operates, and (G) values-based management around company leadership, internal controls, auditing and reporting, and shareholder rights.
Fundamentally, using ESG to assess corporate performance is founded on the recognition that businesses have a social responsibility to influence positive social change, and that environmental, social, and corporate governance are a fundamental part of a business’s bottom line. The increasing consideration of ESG criteria in assessing corporate performance and allocating investment capital is a transformational trend – The World Economic Forum and KPMG report that Sustainable and Responsible investments have grown from USD $640 billion in 1995 to USD $30 trillion in 2019. This trend looks set to continue through increased awareness about ESG and a general trend within younger investors to seek socially and environmentally responsible investments.
Why is ESG Critical for the Future of Metals & Mining?
The ongoing transition to a sustainable, low carbon economy demands increasing amounts of metals and minerals. Metals and minerals are natural resources that are vital to an evolving world and its requirement for modern technology, infrastructure, and low carbon options. Applications for metals and minerals are diverse and ubiquitous in the modern global economy and are founded in the need to generate and store renewable energy. Metals are required for the production, conduction, distribution, and storage of electricity as well as being critical components for batteries, electric vehicles, data transmission systems, mobile devices, circuitry, advanced medical devices, and aerospace. Additionally, gold remains a wealth store with an estimated 95% of gold being used in this way.
Metals and minerals have served important cultural and economic functions for thousands of years. However, structural factors and demographic trends including continuous population growth, the acceleration of technological development, and rapidly rising incomes and standards of living in emerging markets are increasing the demand for these finite and unequally distributed resources.
Concerns over the environmental effects of the carbon-based economy are driving the adoption of renewable energy resources and the accelerating adoption of electric vehicles. According to Deloitte, global electric vehicles are expected to grow at a compound annual rate of 29% over the next decade. With this growth comes an accelerating demand for metals across the entire electrical value chain.
The importance of securing stable access to precious, critical, and strategic metals is receiving strong, bipartisan support in the United States. Both the Trump and Biden administrations issued Executive Orders intended to direct national policy efforts to secure access to 35 “critical” metals and minerals including cobalt, lithium, titanium, and platinum group metals.
The convergence of the rapid transition to a low carbon economy with its huge appetite for metals and society’s requirement for improved ESG performance place the metals supply business at the center of the ESG lens. Supplying the precious, critical, and strategic metals that are vital in the shift to a more sustainable, more technologically advanced global community will require the development of new, agile business models featuring improved technical capabilities, reduced CAPEX/OPEX, and shorter development lead times. These business model changes will be coupled with an increased focus on the mining companies decades long ongoing work to earn and maintain social license to operate through the consistent demonstration of environmental stewardship, positive social impact, and efficient and equitable use of natural resources.
EnviroGold Global: Strategically Positioned to be the ESG Leader
EnviroGold Global was born from an unwavering commitment to environmentally responsible metal production, sustainability, and a vision of accelerating the world’s transition to a low carbon, circular resource economy. The product of a decade and a half of research, development, and commercialization efforts undertaken by leading technical experts and successful entrepreneurs, EnviroGold Global deploys a suite of technical and proprietary solutions for responsible metal production. EnviroGold Global is innovation in action.
With a focus on metal production without additional mining, coupled with the aim of reducing overall environmental liability, EnviroGold Global uses modular, scalable and geographically relocatable treatment systems that facilitate reduced CAPEX/OPEX for metal recovery primarily from tailings.
EnviroGold Global’s recovery as a service business model remediates mine tailings and other mine wastes while recovering residual metals and minerals left behind by the previous operators. By working to produce metal from tailings, the energy required in the production of metal and mineral commodities by up to 80%. By working with tailings, EnviroGold Global is able to quickly define the metal resource, assess an appropriate way to liberate the contained metal, and then design an appropriate metallurgical process – all of this on a brownfields site. Our lead times are short, permitting on brownfields sites tends to be easier, and little, often no, additional disturbance is required.
In short, we are positioned to quickly supply transition metals by using an existing resource that addresses society’s ongoing requirement for improved ESG performance and a more sustainable approach to develop economic prosperity.
Our commitment to environmental stewardship and responsible resource development extends far beyond the realm of fashionable and occasionally superficial corporate social responsibility (CSR) initiatives. ESG is a fundamental driver of EnviroGold Global’s value creation model. As a tool for ensuring that these values remain at the center of our operations, we developed the ESG Scorecard.
EnviroGold Global’s ESG Scorecard
Our project development model incorporates the ESG Scorecard that systematically assesses each project early in the development cycle and creates a roadmap for the creation of net positive environmental and social effect. We will not start an operation until management has completed the ESG Scorecard to confirm that a positive effect can be created.
An ESG Scorecard is developed for each project through a comprehensive, qualitative assessment of five social and five environmental categories. These scores are averaged to create one comprehensive environmental score and one comprehensive social score. The final scores are averaged to create a baseline environmental and social score (“E and S Score”) for each project.
Once a baseline ESG Scorecard has been established, we will develop an objective ESG Scorecard establishing targets for each social and environmental category and quantifying the effect the achievement of these objectives will have on the comprehensive E and S Score. Upon conclusion of remediation and reprocessing activities, we will prepare a final evaluative ESG Scorecard for each project to quantify the actual environmental and social impacts from our operations, conduct a variance analysis between the objective and final evaluative scores and develop suggestions for continuous improvement of the system.
EnviroGold Global recognizes the important role companies like ours play in both society and the environment. As such, our environmental, social and governance (ESG) policies are central to everything we do as a company.
We are committed to diversity and sustainability and we hold ourselves accountable by taking a proactive and solutions-oriented approach. By engaging with stakeholders, we do our part to improve environmental and societal challenges and better serve our community, while still delivering exceptional results.
EnviroGold Global integrates ESG matters into every decision we make, because our mission is more than generating value – it’s also about making the world a better place.
Environmental Protection Policy
Health Safety and Wellbeing Policy
Human Rights Policy
Inclusion Diversity and Non-Discrimination Policy
Social Harmony and Community Development Policy
Water Management Policy
Anti-Bribery and Corruption Policy
EnviroGold Global strives to ensure good governance across all levels of the organization, so every individual understands their responsibilities and expectations, not from a business sense, but on a holistic level. We believe in diversity and environmentalism and are committed to building and maintaining a corporate culture that echoes these beliefs.
Our management philosophy is to consider the interests of both our investors and the community when making decisions that shape our business. We strive to contribute to the security, health and wellbeing of society as a whole, in addition to generating significant returns.
We have established policies regarding the overall vision for organizational structure, but continue to make efforts to enhance it in pursuit of the best possible corporate governance.
A Golden Opportunity for Stakeholders and the Environment
Capitalizing environmental stewardship to accelerate the world’s transition to a sustainable, circular resource economy.
Satisfying the world’s increasing demand for precious, critical and strategic metals by producing Metals Without Mining.
- Environmental stewardship
- Conscious capitalism
- Scientific innovation
- Quality of life
- Operational excellence.