- Eloro Resources has recently published its ESG program, the next step on its journey toward creating sustainable long-term value for its shareholders
- The policy lays out the company’s objectives within the fields of corporate governance, corporate social responsibility and environmental production
- Eloro Resources has increasingly looked to align its operations with the requirements of its growing stakeholder base
- The company is set to publish its inaugural ESG report in 2023
Mining companies are increasingly seeking to embed sustainability in the way in which they do business as well as across their corporate strategies. Similarly, Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec, has recently published its ESG program, setting out its commitment towards creating sustainable long-term value for its shareholders by adhering to the best practices in corporate governance (https://ibn.fm/Yw6vw).
A study carried out by consultancy PwC during the Covid-19 pandemic found that mining companies boasting higher ESG ratings outperformed the broader market, delivering 34 percent average total shareholder returns over the preceding three years – ten percentage points higher than the…
NOTE TO INVESTORS: The latest news and updates relating to ELRRF are available in the company’s newsroom at https://ibn.fm/ELRRF
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