Rupert Resources Issues First Sustainability Report - Diversified Communications

GHG Emissions, Industrial  -  December 22, 2022

Rupert Resources Issues First Sustainability Report

Rupert Resources announced that it published a baseline sustainability report which identifies stakeholder and material issues and appropriate industry standards and best practices as the company continues to progress development of its Ikkari Discovery in Northern Finland.

The report also contains an emissions report for the company’s current mineral exploration activities.

Rupert Resources began a sustainability program with Grain Sustainability, a specialist consultancy. The initial work included the development of assessment, planning and implementation tools with the goal of creating a positive impact on the planet, increasing stakeholder engagement and providing competitive advantage. 

The key aim for the company is to evaluate, alongside technical studies, the broader impacts of the future development of the Rupert Lapland Project. The work is informed by and aligned with a number of recognised sustainability standards including the Global Reporting Initiative (GRI), the Future-Fit Business Benchmark, and the Task Force on Climate-related Financial Disclosures (TCFD). 

The company has also committed to three further frameworks which guide sustainability strategy and action: International Council on Mining and Metals (ICMM), The Finnish Network for Sustainable Mining (FNSM) and the United Nations Global Compact (UNGC). 

The first annual sustainability report for the year 2021 will serve as a base for future work and includes estimates of the emissions from current operations at the project. Further technical studies will include evaluations of the potential emissions profiles of the development options for inclusion in the EIA program and annual sustainability reports.

“We’re proud to present this report as the culmination of work begun in 2018 to implement a formal sustainability strategy into our operations as we move through the permitting phase to the design and development phases of our Ikkari exploration site in Northern Finland,” said James Withall, Chief Executive Officer of Rupert Resources Ltd, in a statement. “Towards this end we have completed stakeholder analysis, identified high priority material topics, assessed relevant sustainability frameworks, and scanned our industry and beyond for models of best practice.”

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