ESG

Sustainability

We comply with (and hold in high regard) the national safety, health and environmental laws of Namibia, in addition to our own policies and corporate governance.
Andrada Mine Namibia
Andrada ESG

Responsibility Fosters Sustainability

We believe in fostering a more inclusive sector. This optimism has attracted like-minded professionals who want to do things differently. Together, Team Andrada builds a culture where sustainability, environmental stewardship, social upliftment, health, safety and governance (ESG) are embedded throughout our value chain. 

Our shared ethos drives us to become the top conflict-free tech metals producer in Africa.

The mining industry needs to forge a symbiotic relationship between growth and ESG responsibilities. We pave the way for integrated sustainable development in all we do – for the good of the company and our external stakeholders. 

To advance our efforts, we appointed an experienced ESG manager who is dedicated to continuously improving our strategy and driving implementation in a timely manner.

Andrada Mining Waste Management

Environment

Reducing our environmental footprint is an ongoing task. We strive to minimise the negative effects of ore extraction by meeting environmental management standards, both legally and through industry best practices.

We aspire to become more environmentally friendly by better understanding our current ecological impact. Water, in particular, is a resource we wish to conserve, given our desert surroundings.

Aside from water, our immediate focus is on reducing Scope 1 and 2 emissions at the operational level.

Our focus on the environment not only aligns with societal expectations but also leads to cost savings, fewer liabilities, and improved stakeholder relationships.

Social

Implementing self-sustaining community development initiatives is as important to us as achieving our own successes. That is why we focus heavily on running and funding skills improvement programmes for the betterment of our Uis mine employees and the greater Namibia. By providing nearby communities with basic services like power and water, we not only improve infrastructure but also bring hope to local residents.

Due to the multiplier effect caused by our activities at Uis, greater benefits further accumulate for the local community. Our contractors' work, for example, has resulted in various businesses starting up as a direct response to the mine's reopening.

Andrada Mining Community Project
Andrada Mining Health & Safety

Health & Safety

As in any company, we face specific challenges. However, we prefer to see these as growing pains to be expected on the road to a brighter future. We've identified health and safety as an ESG area we proactively want to improve upon to minimise risk and enhance the work environment.

To help us achieve this vision sooner, we liaise with independent health and safety risk specialists. They act as valued advisors, training all Andrada personnel to embrace a more robust safety culture and systems. Together, we build a better workplace for all.

Performance Expectation Principles

We adopted the International Council on Mining & Metals' Performance Expectations Principles. This is how we apply each of the code’s ten key principles to our business: 

As a listed company traded on the AIM market of the London Stock Exchange, we recognise the importance of sound corporate governance throughout our organisation, giving our shareholders and other stakeholders, including employees, customers, suppliers and the wider community, confidence in our business.

We endeavour to conduct our business in an ethical and sensitive manner irrespective of race, colour or creed. We chose to adopt the Quoted Companies Alliance (QCA) Corporate Governance Code 2018 for smaller Companies. How we apply each of the code's ten key principles to our business is outlined on the Governance page.

Sustainable development principles are integrated into corporate strategies and decision making processes by the board and management team. We endeavour to ensure that responsible health and safety, environmental, human rights, and labour practices and policies are adopted by suppliers and contractors.

Managing human capital in an equitable and sustainable way is central to our company's project development strategy. We promote gender equality and an inclusive work environment through our recruitment practices, management and remuneration policies, and development initiatives.

We support the UN Guiding Principles on Business and Human Rights and provide for processes to enable the remediation of adverse human rights impacts.

We are subject to a variety of risks, specifically those relating to the mining and exploration industry. As an entrepreneurial business operating in emerging markets, there is clearly an elevated risk which is balanced by potentially greater rewards. The board is mindful of, and monitors, both its corporate risk and individual project risk. The principal risk factors that the board feels may affect performance are outlined in the directors' report of the annual report.

We recognise that the management of health and safety is an integral part of our business and are committed to establishing and maintaining high standards. This is achieved through the implementation of operational health and safety policies and procedures, as well as regular risk assessment and awareness campaigns. Additional measures and strict protocols have also been introduced to mitigate risks introduced by the COVID-19 pandemic. 

Our project area is not regarded as environmentally sensitive and is located within a historical mining domain. The non-chemical nature of ore beneficiation, combined with an ore that is largely free of deleterious elements, contributes to a reduced level of environmental risk. Nonetheless, we ensure compliance with the operational environmental management plan through continuous monitoring of dust, water and waste management practices. 

With the Phase 1 expansion of our flagship Uis tin mine on the horison, our expansion plans are designed and will operate in a way that is compatible with the value for which the area was designated. For this next phase, our ambition is to achieve no net loss of biodiversity and all risks and impacts to biodiversity and ecosystems are to be addressed and assessed.

Performance expectations:

  • In project design, operation and decommissioning, implement cost-effective measures for the recovery, reuse or recycling of energy, natural resources, and materials
  • Assess the hazards of the products of mining products according to the UN Globally Harmonised System of Hazard Classification and Labelling or equivalent relevant regulatory systems and communicate through safety data sheets and labelling as appropriate

We continually implement inclusive and supportive approaches with the local community to contribute to their economic and social well-being.

The project has recruited approximately one-third of our workforce from the local Uis community and is aiming to increase this portion through training and development programmes. All members of the permanent workforce at the mine are Namibian citizens.

The communities surrounding the mine are supported in various ways other than by direct employment. Local small and medium-sized enterprises are prioritised for procurement opportunities. Regular sponsorships are awarded to local sports teams, as well as support for the local traditional authority and various wildlife conservation initiatives.

The SMU, our local partner in Namibia, are represented on the board of directors of our Namibian operating entity and plays an active role both in the management of the company and the management of stakeholder relations in Namibia.

Performance Expectations

  • Identify and engage with key corporate-level external stakeholders on sustainable development issues in an open and transparent manner
  • Publicly support the implementation of the Extractive Industries Transparency Initiative (EITI) and compile information on all material payments, at the appropriate levels of government, by country and by project
  • Report annually on economic, social and environmental performance at the corporate level using the GRI sustainability reporting standards
  • Each year, conduct independent assurance of sustainability performance following the ICMM guidance on assuring and verifying membership requirements

Sustainable Governance

We're committed to implementing the highest governmental and sustainability standards. That is why we have developed airtight plans, procedures, metrics, and targets to ensure our success in everything we do.

The foundation of our mindful governance approach is a set of continuity policies that were developed to meet and exceed the requirements of:

  • Namibian Laws & Regulations

  • Equator Principles

  • International Finance Corporation's (IFC) Performance Standards

  • International Council on Mining & Metals’ Performance Expectations
Andrada Mining Governance

We are dedicated to transparent reporting and adhere to industry standards. This builds trust with our stakeholders and improves overall performance.

We set clear targets to improve our performance and manage resources responsibly.

Monitoring key metrics helps us accurately manage both our resources and performance.

Our systems guarantee process compliance while promoting a uniform management approach.

Creating detailed outlines of how policies are put into action streamlines tasks on an operational level.

Our policies demonstrate our dedication to sustainability and efficient governance throughout the company and serve as the foundation of our sustainability approach.

Policy Adherence

All policies face the rigorous approval of our board of directors. Each endorsed policy is painstakingly adhered to in order to ensure the best possible outcomes.

We bolster our policies with aspect-specific procedures and management systems. The company aims to align management systems with best practices like ISO 14001 and ISO 45001. Our goal is to meet and ultimately exceed these international standards.