PAN GLOBAL ANNOUNCES FIRST ESG REPORT
- Pan Global's dedication to sustainability and responsible practices is showcased in its inaugural ESG report.
- The company has implemented comprehensive measures to minimize its environmental impact and protect local ecosystems.
- Pan Global actively engages with local stakeholders, providing employment opportunities and supporting community development initiatives.
- The inclusion of copper in the EU Critical Raw Materials Act recognizes its strategic importance in Europe's transition to a greener economy.
- Spain's green energy production relies on copper and tin, aligning with Pan Global's commitment to responsible exploration of metals.
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TSXV: PGZ | OTCQX: PGZFF
"The 2023 ESG Report marks a significant milestone in the Company's journey towards excellence in environmental, social, community engagement, health and safety practices, and governance. The report underscores our commitment to responsible operating practices," said Tim Moody, President and CEO.
"Our inaugural report showcases the Company's dedication to the principles of sustainability and highlights the positive impact in the communities where we operate. We have embraced continual learning as we approach the next phases of development at the Escacena Project."
The ESG report provides a comprehensive assessment of Pan Global's performance across a broad range of ESG criteria and, importantly, provides the Company with a platform to target further improvement in future years as part of the rigorous and standardised scoring process by Digbee's independent panel of qualified mining ESG experts.
Jamie Strauss, Founder and CEO of Digbee, commented, "As an EU developer of critical mineral products and as the first Spanish junior exploration company to join the UN Global Compact initiative, Pan Global acknowledges the importance of planning an ESG journey that relies not just on compliance but recognizes the benefits of best practice. Through the Digbee process, it is expected that Pan Global will prioritize areas of improvement with which it will act on over the coming 12 months."
Environmental Stewardship: Pan Global recognizes the importance of environmental conservation and has implemented comprehensive measures to minimize its environmental impact. By adhering to stringent environmental standards, Pan Global aims to protect local ecosystems and minimize disturbances from exploration activities.
Social Responsibility: The well-being of the communities surrounding the Escacena Project is of paramount importance to Pan Global. The Company has actively engaged with local stakeholders, providing employment opportunities, and supporting community development initiatives. Pan Global is committed to fostering positive relationships and ensuring that its operations bring lasting benefits to the region and to
Governance Excellence: Transparency and ethical conduct are core principles at Pan Global. The ESG Report outlines the Company's governance framework, including its commitment to adhering to all relevant laws and regulations. Pan Global is dedicated to maintaining the highest standards of corporate governance to build trust with shareholders, partners, and the community.
The announcement earlier this year of copper's inclusion in the EU Critical Raw Materials Act recognizes the strategic importance of copper in
As well as being one of the most important mineral regions in
As a copper exploration company in
Pan Global invites all stakeholders to learn more about our commitment to sustainability at https://www.panglobalresources.com/sustainability. The Company looks forward to continued collaboration with its partners in its pursuit of a more sustainable and responsible mining industry.
About the Escacena Project
The Escacena Project comprises a large, contiguous, 5,760-hectare land package controlled
About Pan Global Resources
Pan Global Resources Inc. is actively targeting copper-rich mineral deposits, given copper's compelling supply-demand fundamentals and outlook for strong long-term prices as a critical metal for global electrification and energy transition. The Company's flagship Escacena Project is located in the prolific Iberian Pyrite Belt in southern
On behalf of the Board of Directors
Forward-looking statements
Statements which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. The Company believes that the expectations reflected in the forward-looking information included in this news release are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Risks and uncertainties include, but are not limited to, economic, competitive, governmental, environmental, and technological factors that may affect the Company's operations, markets, products, and prices. Readers should refer to the risk disclosures outlined in the Company's Management Discussion and Analysis of its audited financial statements filed with the British Columbia Securities Commission.
The forward-looking information contained in this news release is based on information available to the Company as of the date of this news release. Except as required under applicable securities legislation, the Company does not intend, and does not assume any obligation, to update this forward-looking information.
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SOURCE Pan Global Resources Inc.