We only have one planet.

According to the WEF’s Measuring Stakeholder Capitalism Report, ‘As the visibility of business impacts on the planet grows and expectations of corporate responsibility extend along the value chain, the business risk associated with failing to demonstrate a good understanding of and response to environmental impacts is amplified. [Failing] to report effectively … [will allow] third parties to fill the void … with a potentially spurious … and damaging narrative of their own.’

Pan Asia Metals is focusing on:

PLANET:
Climate Change
Greenhouse Gas (GHG) emissions
TCFD implementation
Nature Loss
Land use and ecological sensitivity
Fresh water availability
Water consumption and withdrawal in water-stressed areas

GOAL 6:
CLEAN WATER AND SANITATION
Clean, accessible water for all is an essential part of the world we want to live in.

GOAL 12:
RESPONSIBLE CONSUMPTION AND PRODUCTION
Responsible Production and Consumption

GOAL 13:
CLIMATE ACTION
Climate change is a global challenge that affects everyone, everywhere.

GOAL 15:
LIFE ON LAND
Sustainably manage forests, combat desertification, halt and reverse land degradation, halt biodiversity loss

Planet-related achievements are specifically related to 6 of the UN’s SDGs: Goal 6 – No Poverty, Goal 7 – Clean Water and Sanitation, Goal 12 – Responsible Consumption and Production, Goal 13 – Affordable and Clean Energy, Goal 14 – Life Below Water, and Goal 15 – Life on Land. Pan Asia is focusing on Goals 6, 12, 13, and 15, with emphasis on Goal 12, responsible consumption and production.

The WEF’s SCM for Planet has 4 core categories, namely:

  1. Greenhouse Gas (GHG) emissions: Reported in metric tonnes of CO2, including full value chain where appropriate.
  2. Task Force on Climate-Related Financial Disclosures (TCFD) implementation: Disclose commitments to set GHG emissions targets including a timeline of at most 3 years for full implementation.
  3. Land use and ecological sensitivity: Number and area of sites owned, leased or managed in or adjacent to protected areas and/or key biodiversity areas.
  4. Water consumption and withdrawal in water-stressed areas: Where material, reporting water withdrawn, consumed and the percentage of each in regions with high baseline water stress, including full value chain where appropriate.

As an explorer, Pan Asia’s activities are best captured by SDG Goals 6, 12, 13, and 15, with an emphasis on responsible consumption and production. As we move into feasibility, our Environmental Impact Statements and other feasibility requirements will ensure that the above 4 SCMs are addressed.

Pan Asia Metals will be focus on its consumption habits and their effects on these SCMs.