Caledonia Mining Corporation Plc announced the publication of its 2024 ESG Report, showcasing the company's evolving sustainability practices and strategic approach to climate-related business challenges. The report details steps taken to embed ESG deeper into its strategy, including a comprehensive climate change risk assessment.
The assessment provided a clearer view of potential impacts from extreme weather, water stress, energy security, and regulatory changes on operations, guiding investment decisions and operational planning. Caledonia also undertook an IFRS Sustainability Standards readiness assessment and commenced an Equator Principles gap analysis to meet high environmental and social risk management standards.
The company continued to invest in its communities, installing new solar energy infrastructure for local schools and clinics, and prioritizing local procurement to strengthen regional economic development. CEO Mark Learmonth emphasized the commitment to balancing responsible growth with lasting impact for people, communities, and the environment.
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