BlackEarth Minerals announced today that they achieved a corporate and project rating of ‘BB’ in their inaugural ESG disclosure, the fifth-highest rating of 10 possible scores ranging from D to AAA.
This assessment demonstrates the company’s commitment to creating a baseline for future transparent ESG reporting and reflects both the stage of the company and the development phase of its Maniry Graphite Project in Madagascar.
Jamie Strauss commented:
“Over the last six months that we have been working with BlackEarth, we have found them to have a genuine focus and approach to ESG matters.”
“The BlackEarth Minerals team have developed clear actions which when implemented will contribute to an improved score.”
Robust governance plans
BlackEarth plans to create greater representation in its company with focused recruitment of underrepresented stakeholder groups with a particular focus on those with ESG-related experience.
The company has also already integrated the Equator Principles – a financial industry baseline for assessing and managing environmental and social risk in projects – into all aspects of the Maniry Graphite Project’s definitive feasibility study. These will also be formally set within the company’s ESG framework and standards.
An Environmental and Social Impact Assessment (ESIA) is underway as part of the Maniry DFS by an independent specialist consultant experienced in southern Madagascar.
About BlackEarth Minerals
BlackEarth Minerals is a vertically integrated graphite developer with advanced mining projects in Madagascar and base metal prospects in Western Australia.
The flagship Maniry Graphite Project is in southern Madagascar and the company’s secondary project is the Donnelly River Nickel-Copper-Platinum Group Metals Project, around 240 kilometres south of Perth in Western Australia.
More information can be found in their press release.
BlackEarth Minerals’ company and project details can be found on the Digbee database.
About Digbee ESG
Digbee ESG is an ESG disclosure platform for the mining industry. A future-looking, right-sized set of frameworks, aligned to the key global standards and accepted by leading stakeholders. It hugely simplifies ESG disclosure, rewards management for the action they take on the ground and in the boardroom, and fulfils the Board’s increasing obligation to ESG.
