Committed to meaningful ESG performance targets and action plans.
The fund is invested in well managed miners that demonstrate ESG performance that drives deeper value creation for stakeholders and shareholders.
Transparency & public disclosure
La Mancha contributed to improvements in operational ESG transparency and public disclosure of key ESG metrics in its portfolio companies. ESG policy developments cover waste reduction, water, biodiversity, and energy efficiency.
2021 Portfolio performance
| Health & Safety | Environment | Social | Governance | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| LTI | Fatality |
GHG Intensity |
Reportable incidents | Water reuse and recycling efficiency rate | Female employment |
Local Suppliers Total purchases from local region (US$) |
Community Investment US$ |
Alignment with SDGs | Adherence to industry standards | ||
| Operating Companies | Endeavour | 0.20LTIFR | 0 | 0.54 | 0 | 67% | 9% | $1.3B (80%) | $25.7M | Yes | RGMP |
| Companies in pre-production | Horizonte | 0.5M LTI free hours | 0 | N/A For companies in pre-production | 0 | N/A For companies in pre-production | 30% | $8.6M (73%) | $142,570 | Yes | IFC |
| Gmining | 0 | 0 | 0 | 29% | N/A for current development stage | $60,000 | N/A for current development stage | ||||
| SRG | 0 | 0 | 2 | 20% | N/A due to development stage | Yes | IFC (alignment) | ||||
TZ Gold Project, G Mining (Brazil)
CO2 Emissions o 0.20 t CO2e / oz Au, lower than comparable open pit mines o Aided by TZ’s connection to the Brazilian grid, with 80% of electricity generated by renewable sources.
Link to Corporate Presentation
Link to Corporate Presentation
Houndé Gold Mine, Endeavour Mining
(Burkina Faso)
”Sustainability lies at the heart of our purpose of producing gold that provides lasting value to society.
Ian Cockerill
Chief Executive Officer
Link to sustainability report
Ian Cockerill
Chief Executive Officer
Link to sustainability report
Lola Graphite Project, SRG Mining (Guinea)
SRG Mining commits to operate in a ecologically, ethically, and socially responsible manner. Which is why they have aligned their priorities with the Sustainable Development Goals (SDG). The SDGs represent an ambitious plan to enhance peace and prosperity, eradicate poverty and protect the planet.
Horizonte
”Responsible mining activity is a great generator of opportunities to enable the host community to prosper. We have programs in place to train local people to work in the construction and in the operation phases, to source inputs locally, to promote entrepreneurship and to foster the tourism industry. All of these programs are aligned with a local development agenda which has progressed in partnership with the local community.
Mike DrakeHead of Projects
Endeavour
”Everything we do seeks to support our guiding purpose: to produce gold that provides lasting value to society.
SÉBASTIEN DE MONTESSUSCHIEF EXECUTIVE OFFICER
G Mining
CO2 Emissions o 0.20 t CO2e / oz Au, lower than comparable open pit mines o Aided by TZ’s connection to the Brazilian grid, with 80% of electricity generated by renewable sources
SRG Mining
SRG Mining commits to operate in a ecologically, ethically, and socially responsible manner. Which is why they have aligned their priorities with the Sustainable Development Goals (SDG). The SDGs represent an ambitious plan to enhance peace and prosperity, eradicate poverty and protect the planet.