ESG

Environmental, Social, Governance (ESG) risk is increasingly a strategic Board level issue for companies and investors. We help companies enhance and protect business value, by ensuring the management of ESG risks is considered alongside all other relevant factors – such as geopolitical, security, corruption, reputational, and other jurisdictional risks – and is integrated into business management.

CASE STUDY – LATIN AMERICA

CHALLENGE

A comprehensive risk diagnosis by a small team highlighted existential challenges to a Tier 1 gold mining company’s Licence to Operate (LTO), and therefore to company operations as a whole.

SOLUTION

Following withdrawal of license and closure of mine, a team deployed to write the LTO strategy needed to protect company value and reputation, drawing on the earlier risk assessment. As a result, their license was restored .

OUTCOME

The client is now in a position to implement a strategy for mitigating risk across the business and achieve its long-term vision. Value protected: $2 billion.

CASE STUDY – CAUCASUS

CHALLENGE

Prevention of access to mine by violent protesters leading to project delay and an unforeseen cost, tens of $m per week, that was threatening the company’s balance sheet.

SOLUTION

A partner deployed to assess the situation working with the client’s security manager – supported up by Strategia’s regional and ESG expertise on a ‘reach back’ basis. Consultation with company staff, local and national level stakeholders, along with physical reconnaissance of the area, revealed that the issue was multi-dimensional, involving third parties who were active ‘behind the scene’. We then ran a workshop with the mine’s management to explore options to resolve the impasse.

OUTCOME

Our recommendations prevented an escalation of the situation that would have been disastrous for the company’s long-term License to Operate.

What our clients say

We brought Strategia Worldwide in to conduct an audit of our ESG and security policies and procedures at the exploration stage of our project. Their work was detailed, rigorous and has been important in laying out a road map for further work which will demonstrate Roscan’s forward thinking approach to ESG to investors, whilst setting the best possible conditions with our communities and license holder for future development from the outset.

Andrew J. RamcharanEVP - Corporate Development & Investor Relations, Roscan Gold

“Strategia worked with our team on-the-ground to quickly understand, analyse, and propose concrete solutions for a number of complex and inter-connected problems we were facing. The approach they used allowed us to situate the problems that mining companies face in a broader context and develop strategies to better manage risk”

Kelvin DushniskyEx President Barrick Gold

“Strategia’s proactive, integrated approach to managing risk in complex, difficult and challenging environments is unique. It has particular relevance to the mining industry, both for new projects, and for existing businesses which are in challenging circumstances.”

Tom AlbaneseCEO Vedanta

Contact Us

To find out more or to speak to us about any of our services,  please contact us by email info@strategiaworldwide.com

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