The Queensland Exploration Council (QEC) recently launched its latest initiative, the ESG Toolbox for Explorers. Backed by a dedicated working group of members over the past 18 months, a range of useful tools have been developed for small to mid-cap explorers.
The ESG Toolbox aims to help explorers navigate growing ESG expectations and understand, improve and communicate their ESG credentials.
By analysing and recording companies’s existing best practice in areas such as environmental management, emissions, land access, community relations, water management, human rights, shareholder rights, board performance and remuneration and diversity, ESG credentials can be tracked and promoted to attract investment and remain globally competitive.
The ESG Toolbox includes an outline of the current standards and frameworks most commonly being referenced; an ESG Factsheet on what ESG is and why it’s important to report, and a simple, voluntary, exploration-focused guidance framework to assist to deliver on specific ESG practices and measures that are relevant to explorers.
The QEC is looking to build a library of case studies and encourages members to contribute their story of ESG best practice to help showcase Queensland’s ESG competitive advantage.
The materials are freely available to the resources exploration community and can be accessed here.