European Metals Holdings Ltd (LON:EMH)(ASX:EMH) has adopted a set of environmental, social and governance protocols, following the recommendations of the World Economic Forum in Switzerland.
The company will establish an ESG committee at board level, to be chaired by Ambassador Lincoln Bloomfield, who has considerable experience in this area.
The company’s executive chairman, Keith Coughlan, believes that the carbon dioxide footprint of the Cinovec project will be low when compared with other hard rock lithium projects.
“The proximity to end users resulting in low transport CO2, the fully integrated nature of the p0roject and anticipated lower CO2 emissions from mining and processing strongly suggest that lithium from Cinovec will have a low carbon footprint compared to its peers,” he said.
“We are quietly confident and look forward to releasing the results of our carbon footprint assessment”.
Cinovec is the largest hard rock lithium deposit in Europe, the fourth largest non-brine deposit in the world and a globally significant tin resource.