What We Care About
WHAT WE CARE ABOUT
EQ Resources appreciates the opportunities that an ESG focus can provide. We define our ESG adoption profile as an ’early adopter’ and strive to lead the industry amongst junior miners with our ESG program.
We are committed to sustainable development of natural resources by producing critical minerals in a way that decouples economic growth from environmental degradation. We recognise the value of Australia's biodiversity and the importance of effective conservation. As a part of our ESG program, EQ Resources is engaging in community partnerships to inject meaningful support into our Environmental and Social commitments.
Sustainability Framework, Materiality Assessment and Decarb Roadmap
Commitment Authenticity
We are a value-oriented resources company, committed to sustainably producing and managing new economy minerals and metals. We maximise the potential of our assets through resource-efficiency and investment in our people to deliver materials that are critical for a better tomorrow. It's how we drive value in our operations, approach new opportunities and at the same time deliver positive societal impact while minimising our environmental footprint.
Commitment Alignment
Our Sustainability framework and foundational commitments are aligned to our purpose, core values, and positioning and incorporates those environmental and social aspects identified as most material to our stakeholders in our 2021 Materiality Assessment. EQR continues to mature and develop its ESG position, with a proactive ESG program underway to deliver tangible outcomes against our commitments. We strive to lead by example through having the courage to do the right thing and be accountable.
Our ESG reporting framework aligns with the principles of the Global Reporting Initiative (GRI), the Taskforce on Climate-related Financial Disclosures (TCFD), the United Nations Global Compact (UNGC) and the United Nations Sustainable Development Goals (SDG).
Materiality Assessment
Responsible and Sustainable mining has always been a priority for EQR. In 2021, parallel to our pre-feasibility study for our Mt Carbine mine expansion, we undertook an ESG Materiality assessment, where we surveyed key internal and external stakeholders to improve our understanding of perceptions around our current performance and the areas considered most material to our stakeholder groups. The assessment helped inform our ESG framework and provided insight into where to focus attention to be most impactful. It is intended that materiality assessments will be conducted on a semi regular basis to ensure we remain in touch with evolving stakeholder priorities and continue to adapt and improve towards a more sustainable future.
