Sustainability
Environment, Social and Governance reporting and Indigenous Relations remain top priorities for KGL Resources
KGL emphasises health and safety by vigilant monitoring, continuous updates, and effective controls over its operations. The welfare of the Company’s workforce remains paramount.
Ongoing interactions continue with key local stakeholders, and site visits are made to ascertain pivotal sustainability aspects relevant to both the local community and the business. This includes refining the set of overarching sustainability goals, targets, and performance metrics.
The Company is also dedicated to employing local personnel and engaging local businesses.
The Company’s methodology for active management of environmental responsibilities and compliance with reporting mandates is outlined in the approved Mining Management Plan. An environmental risk assessment has been completed. No environmental, social, economic or human health and safety risks with extreme initial or residual risk rating were identified.
The Company continues to refine its hybrid power generation design (solar/battery/generators) targets furthering its commitment to reduce the Jervois Project’s carbon footprint. Water intensity and re-use are also being optimised.
We are driven by our values of accountability, integrity, respect and sustainable development.
We have established a set of values that are the guiding principles that define the Company we aspire to be. These values outline what we require from our directors, senior executives, and employees to achieve our aspirations. All our policies and procedures use these values as the basis for development, and more specifically, provide the ethical framework for the company in addressing the areas of Environmental, Social and corporate Governance.
Our Values
Accountable
We own our actions
Respectful
We act with dignity
Integrity
We do what we say
Sustainable
We achieve robust outcomes
Our Sustainability Framework
We developed a framework to align our strategic approach to sustainability and to focus our efforts on our key material topics and opportunities. Considering the external and internal environment, KGL has established foundation policies to provide a roadmap for our day-today operations, ensure compliance with laws and regulations, give guidance for decision-making and support the achievement of our business goals.
The foundation polices are underpinned by foundation standards and procedures to develop and support the management of all identified ESG risks and opportunities.
Our Commitment
KGL’s ESG journey is to further develop our objectives and implement systems and metrics to better track and assess sustainability progress. Additionally, we will audit select metrics internally and are exploring assurance for future reports to fully embed sustainability and transparent disclosure into our culture.
KGL is committed to:
- Improving our ESG strategy, including key performance metrics;
- Applying adaptive management techniques when making resource management decisions where data may be incomplete or uncertain;
- Exploring best practice sustainability, ESG frameworks and other reporting approaches to determine how to drive long-term stakeholder value;
- Actively sharing best practices internally and externally;
- Embracing continuous improvement and evaluating program effectiveness; and
- Refining and reporting our progress against our objectives and targets.