Shanta Gold Ltd, an East Africa-focused gold producer, released its first ever sustainability report and said it was committed to setting clear sustainability targets this year.
The report covers the company’s activities in 2021 at both the corporate level and at its New Luika gold mine and Singida project in Tanzania and the West Kenya project.
“In 2021 we benchmarked, measured and disclosed our performance in relation to material environmental, social and governance issues in our inaugural Sustainability Report, informed by a materiality assessment conducted with our key stakeholders in consultation with an expert independent sustainability consultant,” said chief executive Eric Zurrin.
“We are particularly proud of our safety performance, having achieved four years without a lost time incident in 2021, extending our track record as one of the safest gold miners globally.”
The AIM-listed company also said it was committed this year to start aligning its climate disclosure against the framework set out by the UK’s Task Force on Climate-related Financial Disclosures (TCFD) to report in line with best practice for main market listed companies.
“In 2022 we will look to enhance our disclosure in anticipation of mandatory TCFD reporting for AIM-listed companies and further enhance our sustainability performance with a focus on setting clear targets and pathways and integrating these into our operations," said Zurrin.