OUR APPROACH TO SUSTAINABILITY

We recognize the mining and broader business sector has a responsibility, alongside governments and communities, to work collectively to deliver positive sustainability outcomes as responsible stewards.

Allied Gold is committed to transforming our gold assets and generating value for our stakeholders whilst operating with the highest level of integrity and ethics. Our aim is to cultivate excellence in all facets of operation, encompassing environmental stewardship, social engagement, and adherence to governance.

Our core objective is to cultivate excellence in all facets of our operations to create shared value for all our stakeholders, including our people, investors, suppliers and contractors, and the local and broader communities in which we operate.

OUR POLICIES AND STANDARDS

Allied Gold is dedicated to maintaining the highest standards of ethical business practice at every level of our business activity.

We recognize the risks and impact of our operations, and the gold mining industry can take a proactive approach to ensuring we minimize risks and maximize our positive impact.

Our approach to sustainability is enforced by our comprehensive policies that underpin our commitment to ensuring the safety of our people and the communities in which we operate.

Our highly experienced and credentialed Board of Directors and management team are committed to ensuring all our stakeholders, including our people, suppliers and contractors, act with the highest standards of integrity at every level of operations.

ENVIRONMENTAL, SOCIAL AND GOVERNANCE

At Allied Gold, we view ESG as a journey and strive to navigate our path with integrity and responsibility.

We are committed to working responsibly, in a manner that manages our impacts and contributes to building a positive legacy beyond the life of our mines. Our ESG performance is integral to our long-term business success and ability to generate value for our stakeholders.

We are dedicated to ensuring our ESG strategies and performance align with and are evaluated against or in alignment with globally recognised ESG reporting frameworks and initiatives such as the Taskforce on Climate-Related Financial Disclosures (TCFD), Equator Principles and IFC Performance Standards, Sustainability Accounting Standards Board (SASB), the Responsible Gold Mining Principles (RGMPs) and the United Nation Sustainable Development Goals (SDGs). We are also committed to ensuring our operational activities and processes are in compliance with industry recognized standards and frameworks including the Australian National Committee of Large Dams (ANCOLD) and the Global Industry Standard of Tailings Management (GISTM).

Environmental Commitment

As environmental stewards, we are focused on the responsible use and protection of natural resources we share.

Environmental management is an operational requirement and is fundamental to maintaining compliance with our obligations and effectively managing risk and impact. We recognize the significance of climate change and strive to take a proactive approach to minimizing our environmental footprint by identifying and implementing appropriate controls to manage them, including the responsible use of critical resources such as water and energy.

We are committed to the responsible management of our Tailings Storage Facilities (TSFs). A risk-based approach is adopted for TSF management throughout all stages of the TSF life cycle, from initial design through to construction, operation and eventual decommissioning and closure. Our TSFs are operated in line with the Australian National Committee of Large Dams (ANCOLD) standards and country-specific regulatory requirements. In addition, we have embarked on a programme to align our processes to the Global Industry Standard of Tailings Management (GISTM).

Social Commitment

We are committed to being a positive force in our host countries, making meaningful contributions and enabling inclusive economic growth through strong partnerships with stakeholders, local employment, training and wellbeing initiatives.

At Allied Gold, we believe our people are the foundation of our success. With over 5,000 of our people employed across 4 countries in Africa, 97 per cent of our people are nationals of the host country of the relevant office or site. Our unique workforce drives our approach to people management and lies at the heart of our overall business strategy. We strive to provide a safe and inclusive work environment for our people and have significantly improved our safety monitoring and safety data disclosures.

Beyond the direct employment opportunities our large-scale operations off communities in and around our assets, our impacts can be seen through the growth of local supply chains directly servicing the mining industry and a significant contribution to GDP growth. In 2022, we contributed $683 million to host countries in the form of taxes, royalties, expenditure, with almost $3 million directly invested in host communities.

To create tangible benefits for our host communities, we ensure our ESG strategies align with the United Nations Sustainable Development Goals (SDGs). To date, our activities have contributed to progressing social development in relation to several goals. This includes implementing awareness and screening campaigns targeting malaria, AIDs, diabetes, breast cancer and cervical cancer (SDG 3 – Good Health and Wellbeing), creating professional development opportunities for our people and youth (SDG 4 – Quality Education), proactively managing water usage (SDG 6 – Clean Water and Sanitation), promoting a local and diverse workforce (SDG 8 – Decent Work and Economic Growth), building an inclusive and equitable workforce (SDG 10 – Reduce Inequalities), and fostering ethical and respectful behaviour in our people (SDG 16 – Peace, Justice and Strong Institutions).

Governance Commitment

At Allied Gold, our commitment to safe, responsible, and ethical practices underpins our approach to governance.

In addition to our close relationships with the governments in which we operate in, we align our practices with globally recognised standards and initiatives for sustainable development and environment management including the World Gold Council Responsible Gold Mining Principles.

Our highly credentialed Board of Directors ensure compliance to the Company’s governance documentation and corporate policies that outline the standards of ethical behaviour expected from our people, and when conducting business.

Policies And Standards

A blueprint for sustainable and responsible mining.

MAINTAINING THE HIGHEST STANDARDS OF ETHICAL BUSINESS PRACTICE

Allied Gold Corporation acknowledges the potential risks and consequences associated with both our operations and the gold industry as a whole. We adopt a proactive stance towards mitigating these risks and enhancing our positive impact. Our approach to sustainability and ESG is enforced by the comprehensive policies that underpin our commitment to ensuring the safety of our people and the communities in which we operate.

Our highly experienced and credentialed Board of Directors and management team are committed to ensuring all our stakeholders, including our people, suppliers and contractors, act with the highest standards of integrity at every level of operations.

We are dedicated to ensuring our ESG strategies and performance align with and are evaluated against or in alignment with globally recognised ESG reporting frameworks and initiatives such as the Taskforce on Climate-Related Financial Disclosures (TCFD), Equator Principles and IFC Performance Standards, Sustainability Accounting Standards Board (SASB), the Responsible Gold Mining Principles (RGMPs) and the United Nation Sustainable Development Goals (SDGs). We are also committed to ensuring our operational activities and processes are in compliance with industry recognized standards and frameworks including the Australian National Committee of Large Dams (ANCOLD) and the Global Industry Standard of Tailings Management (GISTM).

Our Policies

The following Allied Gold policies are currently under review as a component of public listing. They will be made available here when issued.

  • Code of Conduct
  • Environmental
  • Social Performance
  • Health and Safety
  • Human Rights and Security
  • Diversity, Equity and Inclusion
  • Common Elements
  • Whistleblower
  • Majority Voting
  • Advance Notice
  • Privacy

Standards

We are dedicated to ensuring our operations and performance align with globally recognized standards and frameworks.

HSSD FRAMEWORK

The health, safety, and sustainable development framework describes the requirements for Allied Gold businesses to implement an integrated system for the management of risks and opportunities associated with health, safety, and sustainable development – collectively referred to as HSSD.

All Allied Gold businesses implement, or demonstrate conformance to, an integrated HSSD management system aligned to the requirements of this framework. Each business’ management system may differ depending on the nature, scale, and risk of business activities; for example, as businesses progress from early exploration through to operations the implementation requirements will become more comprehensive. Statutory and permitting requirements will take precedence, except where the requirements in this framework are more stringent.

For newly acquired businesses, a gap analysis against the requirements of this framework is undertaken to develop an action plan to facilitate future conformance. The HSSD Framework has been developed in accordance with good industry international practices and alignment with the established frameworks of the IFC Performance Standards and the World Gold Council’s Responsible Gold Mining Principles.

TAILINGS MANAGEMENT FRAMEWORK

We are committed to the responsible management of our Tailings Storage Facilities (TSFs). A risk-based approach is adopted for TSF management throughout all stages of the TSF life cycle, from initial design through to construction, operation and eventual decommissioning and closure.

Our TSFs are operated in line with the Australian National Committee on Large Dams (ANCOLD) standards and country-specific regulatory requirements. Further to this, we are embarking on a programme to align our processes to the Global Industry Standard on Tailings Management (GISTM) and have completed external gap analyses against the GISTM for our TSFs and have developed action plans to address shortfalls.