ESG

Helix Resources drills deep into ‘bold and innovative’ baseline ESG disclosure report

Helix Resources (ASX:HLX) has published its baseline Environmental, Social, and Governance (ESG) report with disclosures on 21 core metrics set by the World Economic Forum in its standardised and globally recognised Stakeholder Capitalism Metrics ESG framework.

The company reports this is focused on people, planet, prosperity and principles of  governance.

Addressing the report, Managing Director Mike Rosenstreich said it was a proud milestone for the company.

I am pleased to introduce Helix’s first ESG disclosure report. It fits nicely into our overall ‘Sustainability Platform’ based on core cultural elements we seek to foster in our team, namely being respectful, accountable, bold, innovative and analytical.

“This report is an important milestone for us on this ESG journey to demonstrably build up our sustainability credentials”

This report is an important milestone for us on this ESG journey to demonstrably build up our sustainability credentials. We are focused on making copper discoveries – a vital metal for the energy transition to increased renewables and in our work, we seek to foster positive landholder relationships, minimise environmental impacts and maximise benefits to the local community.

We also acknowledge Traditional Owner groups as key stakeholders and will seek to build relationships with them. With this mindset, we are progressively embedding ESG reporting fully into our operations and governance systems.

The board and the team are committed to ongoing ESG reporting on a regular basis, sharing our progress and improvements to creating long-term value for all our stakeholders.”

Helix is adopting updated EGS-focused policies into its overall Sustainability Platform in a manner appropriate for the current scale of its activities.

Helix ESG

The intention is to have culture and systems in place which can be easily adapted as the company’s activities grow to potentially incorporate mining and mineral processing activities.

Helix plans to continue working with Socialsuite’s ESG reporting platform to measure, improve, and disclosure ongoing progress with reporting ESG metrics and indicators.

Helix Resources is an ASX-listed resources company which is ‘all-in on copper’ exploration in the prolific copper producing region of Cobar, New South Wales.

The company possesses a sizable ground position across two tenement groups which  are largely untested despite being located within 50km of significant copper producing operations. The western tenement consists of 30km of contiguous strike and the Company is advancing a pipeline of wholly owned copper opportunities, as well as the Canbelego JV Project (70% owned and operated by Helix and 30% owned by Aeris Resources) where massive copper sulphides have been intersected. The eastern tenement group encompasses more than 150km of prospective strike and includes the CZ copper deposit.

Write to Adam Orlando at Mining.com.au

Images: Helix Resources Ltd & iStock
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Written By Adam Orlando
Mining.com.au Managing Editor Adam Orlando has more than 20 years’ experience in the media having held senior roles at various publications, including as Asia-Pacific Sector Head (Mining) at global newswire Acuris (formerly Mergermarket). Adam has worked in newsrooms around the world including Hong Kong, Singapore, London, and Sydney.