Environmental, Social, and Governance (ESG) Policy
Sapphire Minmetals Corporation Limited places a strong emphasis on the importance of Environmental, Social, and Governance (ESG) considerations in our business operations. We are fully dedicated to conducting our business with the utmost integrity, safeguarding the environment, and fostering sustainable development. Our commitment extends to delivering long-lasting benefits to all our stakeholders, encompassing shareholders, employees, customers, suppliers, and the communities where we operate. Our ESG policy serves as a comprehensive document, delineating our pledges, objectives, and strategies in these vital domains.
1. Environmental Responsibility
1.1 Sustainable Sourcing
Our commitment lies in procuring iron ore from reputable suppliers who, as widely recognized, prioritize responsible environmental practices and actively endorse initiatives that advance sustainable mining.
1.2 Emissions Reduction
As a dedicated iron ore trading company, we do not partake in transportation or steel manufacturing activities, thereby avoiding direct emissions exposure. Nevertheless, we fulfill our role as a responsible participant in the supply chain by proactively mitigating our indirect emissions. This involves ensuring that the vessels which are deployed for transportation are as per the industry standards. Furthermore, our focus is on supplying to prominent trading partners who share our commitment to sustainability and are actively shifting toward cleaner energy sources.
2. Social Responsibility
2.1 Health and Safety
The safety and well-being of our employees are our top priorities. We maintain a safe working environment and provide regular training to ensure the highest safety standards.
2.2 Diversity and Inclusion
We encourage diversity and inclusion in our workforce, respecting and valuing the unique perspectives and talents of all employees, regardless of race, gender, age, or other characteristics.
2.3 Community Engagement
In all the regions where we conduct our operations, we actively collaborate with local communities, working diligently to generate positive social benefits through initiatives that encompass local development, as well as the provision of essential support such as education, food and healthcare services for the needy class.
2.4 Human Rights
We honor and support fundamental human rights across our entire supply chain, steadfastly adhering to equitable labor practices and ethical conduct.
3. Governance and Ethics
3.1 Ethical Conduct
We conduct our business with the utmost commitment to integrity and ethical standards, unwaveringly abiding by all relevant laws and regulations. Our robust internal framework is in place to prevent and address issues related to corruption, fraud, and conflicts of interest, ensuring transparency and accountability in all our dealings.
4. Continuous Improvement
We engage in a continuous process of evaluating and enhancing our ESG practices, which involves regular assessments and gathering feedback from our stakeholders.
At Sapphire Minmetals Corporation Limited, we view ESG as integral to our sustained growth and success. Our ESG policy guides our actions and decisions as we strive to meet the highest standards of responsible business conduct. We are dedicated to creating value for all our stakeholders while safeguarding the environment and promoting social well-being. We welcome the support and partnership of our bankers and stakeholders in achieving these goals.