We commit to conducting robust ESG risk due diligence throughout all of our investment decisions
Progress in 2023
- Embedded emissions information requests as
standard information to be provided under any
royalty documentation
2024 priorities
- Integrating operator monitoring into site visits with
tailored questions around sustainability - Continue to screen 100% of new investments for ESG
risks
Due diligence process for potential royalty transactions
Ecora recognises that the most critical time for assessing and mitigating risks, including ESG risks, relating to an asset is at the
outset prior to entering into any royalty agreement. Before completing any new investment, Ecora undertakes a thorough due diligence process using our ESG risk due diligence framework. The due diligence process is tailored to each opportunity using a risk based approach, varying based on the jurisdiction, counterparty and commodity, whether the project is an exploration, development or producing project and whether it is a primary or secondary royalty or stream transaction.
The Ecora team has over 60 years of collective experience of carefully evaluating the risks, opportunities and long-term viability of potential projects and examining financial, technical, legal and sustainability factors, often supported by third-party industry experts and consultants
Our investment decision making involves the following key steps:
Initial screening
We employ rigorous screening tools and strict investment criteria to evaluate initial investment opportunities.
Tailored due diligence
We use a tailored and detailed due diligence framework to assess the full range of ESG risks facing particular assets.
Assessment criteria
We assess potential investments using a set of qualitative and quantitative criteria, which look at the level of a particular ESG risk and the way in which it is being managed.
Regular review
Our screening and due diligence tools are regularly reviewed and updated to ensure that they continue to reflect the most up-to-date developments and mining industry best practice.
Ecora continually reviews its ESG due diligence framework to ensure that the Company’s approach and assessment tools continue to reflect industry best practice.
Ecora is proud of the ongoing commitment to sustainable and responsible mining from our operating partners, which remains a prerequisite for the Group to consider when investing in a project.