BlackEarth Minerals NL (ASX:BEM)’s Tom Revy has underscored the importance of environmental, social and governance (ESG) principles in discussion with Proactive’s Andrew Scott following a maiden ESG rating from UK-based Digbee ESG.
The company says ESG initiatives have always existed as risk minimisation strategies, but there is now a greater need for transparency. BlackEarth is pleased with its ‘BB’ rating, which it believes will attract ESG-funding from socially and environmentally minded investors and institutions.