https://www.miningweekly.com
Environment|Financial|PROJECT|Risk Management|supply-chain|Sustainable
Environment|Financial|PROJECT|Risk Management|supply-chain|Sustainable
environment|financial|project|risk-management|supply chain|sustainable

Pensana becomes signatory of UN Global Compact

6th January 2022

By: Donna Slater

Features Deputy Editor and Chief Photographer

     

Font size: - +

LSE-listed magnet metal supply chain developer Pensana has joined the United Nations (UN) Global Compact – a voluntary initiative to encourage CEOs to implement universal sustainable principles and to take steps to support the UN’s Sustainable Development Goals.

As such, Pensana joins over 13 000 other businesses committing to uphold the compact’s ten principles, which cover human rights, labour, environment and anti-corruption.

This commitment follows Pensana’s decision to become a partner of the Taskforce for Climate-related Financial Disclosure (TCFD).

The TCFD – chaired by businessperson Michael Bloomberg – provides a framework for transparency on how businesses are responding to the climate crisis across the areas of governance, strategy, risk management and metrics and targets.

Pensana CEO Tim George says that joining both the UN’s Global Compact and becoming a partner of the TCFD demonstrates Pensana’s “clear intent to develop a world-class sustainable supply chain for rare earths”.

He adds that both the UN Global Compact and the TCFD provide externally recognised frameworks to report Pensana’s progress.

Pensana is developing its 84%-owned Longonjo rare earths project, in Angola, as well as the Saltend rare earth oxide separation facility, in the UK. The separation facility will produce about 12 500 t/y of rare earth oxide, including 4 500 t of neodymium and praseodymium.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

AutoX
AutoX

We are dedicated to business excellence and innovation.

VISIT SHOWROOM 
Schauenburg SmartMine IoT
Schauenburg SmartMine IoT

SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.186 0.222s - 89pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: