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Published on September 29, 2023 |
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Clean Air Metals' flagship asset is the 100% owned, high grade Thunder Bay North Critical Minerals Project, a platinum, palladium, copper, nickel project located near the City of Thunder Bay, Ontario and the Lac des Iles Mine owned by Impala Platinum. The Thunder Bay North Project contains twin magma conduit bodies hosting the Current and Escape deposits. |
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Disclaimer and Forward Looking Statements |
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Company Profile |
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Organizational Profile |
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Name |
Clean Air Metals Inc. |
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Describe nature of activities, brands, products and services |
Clean Air Metals' flagship asset is the 100% owned, high grade Thunder Bay North Critical Metals Project, a platinum, palladium, copper, nickel project located near the City of Thunder Bay, Ontario and the Lac des Iles Mine owned by Impala Platinum. The Thunder Bay North Project contains twin magma conduit bodies hosting the Current and Escape deposits. |
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Chief Executive Officer Jim Gallagher leads an experienced team of geologists and engineers who are using the Norilsk magma conduit stratigraphic and mineral deposit model to guide ongoing exploration and development studies at Thunder Bay North. As the former CEO of North American Palladium Ltd. which owned the Lac des Iles Mine prior to the sale to Impala Platinum in December 2019, Jim Gallagher and team are credited with the mine turnaround and creation of significant value for shareholders. |
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Link to Corporate Website |
https://www.cleanairmetals.ca/ |
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Industry Classification |
NAICS: 213119 Other support activities for mining
ISIC: B0990 Support activities for other mining and quarrying F4312 Site preparation |
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Market Capitalization |
$0-$100Million USD |
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Type of Operations |
Exclusively non-producing operations |
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Company Headquarters |
Thunder Bay, Canada |
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ESG Accountability |
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Role and Name of highest authority within company for Environment, Social and Governance strategy, programs and performance |
Jim Gallagher, CEO and Director |
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ESG Reporting Period |
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Unless otherwise noted, all data contained in this report covers the following period |
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From |
2021-02-01 |
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The ESG report is tied to the corresponding financial reporting period and annual information form. |
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To |
2023-01-31 |
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Audit Status |
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Identify the degree to which any inputs of the report are third-party checked |
Self-Declared |
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Financial Reporting Period |
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Specify the frequency of sustainability reporting |
Annually |
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Whether Financial reporting period aligns with the period for its sustainability reporting |
Yes |
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Specify the contact point for questions about the report or reported information |
Jim Gallagher, CEO. |
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Geographic Scope of Report |
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Unless otherwise noted, the data in this report covers ESG matters related to the following countries of operations |
Canada |
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The Thunder Bay North project, is the company's sole asset and is located 40 kilometers from the city of Thunder Bay, Ontario in the Thunder Bay Mining District.
Thunder Bay North Project Fact Sheet |
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Thunder Bay North Project |
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Identify notable exclusions, and reference any existing or planned reports that do or will address these (e.g, assets recently divested or acquired, non-managed joint ventures, specific exploration activities, recently closed sites, etc.) |
There are no exclusions in this report. |
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Fragile and Conflict-Affected Situations |
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Identify all of the entity's countries of operations that align with the World Bank's list of "Fragile and Conflict-Affected Situations" |
None |
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Business Operations Scope of Report |
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Identify notable exclusions, and reference any existing or planned reports that do or will address these (e.g, assets recently divested or acquired, non-managed joint ventures, specific exploration activities, recently closed sites, etc.) |
There are no exclusions in this report. |
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Mineral Resource Types in Scope |
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Which of the following mineral resource types are covered by this report |
• Inferred • Indicated |
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Mineral Reserve Types in Scope |
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Which of the following mineral reserve types are covered by this report |
None |
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Currency |
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Unless otherwise noted, all financial figures referenced in this report are in the following currency |
CAD |
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Organizational Profile |
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Provide a list of externally-developed economic, environmental and social charters, principles, or other initiatives to which the organization subscribes, or which it endorses, e.g., GRI, UN Global Compact |
Clean Air Metals Inc. aligns with the following ESG standards:
CDP - Carbon Disclosure Project GRI - Global Reporting Initiative GRI MM Supplement - Global Reporting Initiative - Mining and Metals Supplement ICMM - The International Council on Mining and Metals ONYEN - Institutional and Investor Questions SASB - Sustainability Accounting Standards Board UGC - UN Global Compact PDAC - e3 Plus - A Framework for Responsible Exploration |
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Strategy |
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Provide a description of key impacts, risks, and opportunities, |
See attached Impacts, Risks, and Opportunities Statement |
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Risks and Opportunities statement 2022 |
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Provide a statement from the highest governance body or most senior executive of the organization (i.e., CEO, chair, or equivalent senior position) about the relevance of sustainable development to the organization and its strategy for for contributing to sustainable development. (CEO's message for this report) |
Clean Air Metals Inc. strives for carbon neutrality in the design of the TBN project. |
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This includes using 100% renewable grid- supplied power, co-funding replanting efforts in legacy areas with the local forest manager, investigating carbon capture with its mine tails, and seeking to electrify mine fleet in feasibility mine design so far as is possible with available technology. |
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ESG Strategy Statement |
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Jim Gallagher P.Eng, CEO |
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Policy commitments |
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Provide a description of the organization’s policy commitments for responsible business conduct |
Clean Air Metals Inc. has adopted certain policies, approved by the Board of Directors. Key policies that are in place include:
1. Ethical Workplace and Reporting Policy and Procedure 2. Code of Business Conduct and Ethics. 3. Sustainability Policy 4. Equity, Diversity and Inclusion Policy.
These policies serve as a guide to all employees of Clean Air Metals to help meet our commitment to a culture of honesty, integrity and accountability where we strive to operate our business in accordance with the highest ethical standards and applicable laws, rules and regulations. |
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The policies include a Code of Business Conduct and Ethics, which requires the observance of high standards of business and personal ethics in the conduct of all directors, officers and other employees of Clean Air Metals.
In addition, the Audit Committee of the Board of Directors (the "Board") of Clean Air Metals handles complaints, reports, and concerns by any individual regarding (a) questionable accounting practices, inadequate internal accounting controls or coercion relating to auditing matters; (b) actual or potential violations of any applicable law; and (c) other suspected wrongdoing, including conduct prohibited under the Code of Business Conduct and Ethics of Clean Air Metals (each a "violation").
Ethical Workplace Policy |
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What are (if any) the authoritative intergovernmental instruments that the commitments reference |
None are referenced. |
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Do the commitments stipulate conducting due diligence |
No. |
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Do the commitments stipulate applying the Precautionary Principle or Approach |
Yes |
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Do the commitments stipulate respecting human rights |
Yes |
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Describe the specific policy commitment to respect human rights |
Clean Air Metals values the diversity of its employees, customers, suppliers and other stakeholders and is committed to providing equitable treatment in all aspects of the business, regardless of race, ancestry, place of origin, colour, ethnic origin, citizenship, creed, sex, sexual orientation, age, record of offences, marital status, family status or disability. Abusive, harassing, bullying or offensive conduct is unacceptable, whether verbal, physical, visual or otherwise. Clean Air Metals will not tolerate any conduct that is discriminatory or harassing or otherwise compromises an individual's human rights. |
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What are (if any) the internationally recognized human rights that the commitment covers |
We see our policy commitment covering all 30 basic human rights as outlined in the Universal Declaration of Human Rights (UDHR) by United Nations. As stated, we will not tolerate ANY conduct that is discriminatory or harassing or otherwise compromises an individual's human rights. |
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What are the categories of stakeholders, including at-risk or vulnerable groups, that the organization gives particular attention to in the commitment |
There is no specific mention of categories of stakeholders as it covers all stakeholders. |
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Provide links to the policy commitments, if publicly available, or, if the policy commitments are not publicly available, explain the reason for this |
Available on our website:
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Policy Commitments |
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Report the level at which each policy commitment was approved within the organization, including whether this is the most senior level |
All policy commitments are approved by the CEO and the Board of Directors. |
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To what extent the policy commitments apply to the organization’s activities and to its business relationships |
The policy commitments are the basis for our employees business and social conduct while representing Clean Air Metals. |
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Describe how the policy commitments are communicated to workers, business partners, and other relevant parties |
We have annual reviews completed by all employees. We share our policies openly on our company website. |
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Embedding policy commitments |
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Describe how the organization embeds each of its policy commitments for responsible business conduct throughout its activities and business relationships |
The policy commitments form the foundation of other policies and procedures (ex. Procurement policy). |
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How are responsibilities allocated in order to implement the commitments across different levels within the organization |
The responsibility to implement our commitment rests on the management team (CEO, COO, VP, Director) as part of their stated duties. |
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How are the commitments integrated into organizational strategies, operational policies, and operational procedures |
We use the overarching policies as a clear guideline in developing operational policies. |
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How does the organization implement its commitments with and through its business relationships |
We have implemented a contractor pre-screen that contains some elements of the commitments in the evaluation. |
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What implementation training does the organization provide |
No formal training. |
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Supply Chain |
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Estimated Total number of Business Entities in its downstream |
0 |
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Estimated End-Use customers |
0 - we are a development project and do not yet produce concentrate |
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Types of activities related to the organization’s products and services carried out by the downstream entities (e.g., manufacturing, wholesale, retail); |
Not applicable. |
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The nature of its business relationships with the downstream entities |
Not applicable. |
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Report other relevant business relationships |
Aki Resources Northwest is a privately help corporation owned by the proximate First Nations. They will become a critical supplier of selected goods and services for the project in the future. |
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Describe significant changes in the information reported about business activities, value chain and other business relationships compared to the previous reporting period |
We have implemented a procurement policy and supporting supplier pre-qualification process to ensure we are adequately assessing capabilities of suppliers as well as providing ample opportunity to first nations owned businesses to provide services to the project. |
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Material Topics |
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Governance of Material Topics |
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Describe the process followed to determine the organization's material topics, including: |
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i. How has the organization identified actual and potential, negative and positive impacts on the economy, environment, and people, including impacts on their human rights, across its activities and business relationships; provide details |
• Grievance mechanisms • Other external sources, please list |
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We have not progressed the project to the point where we have executed formal impact assessments. We identify material topics by engaging with stakeholders on exploration activities and talking to community groups. Employees are also expected to identify material impacts within our current limited scope of work. |
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ii. How has the organization prioritized the impacts for reporting based on their significance |
When a potential impact is identified, we evaluate it through :
1. Formal enterprise risk assessment and subsequent ranking process. 2. Management routines and discussions. |
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Specify the stakeholders and experts whose views have informed the process of determining its material topics and provide details |
• Employees and other workers • Governments • Local communities • Suppliers |
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List the organization's material topics |
• Procurement Practices • Water • Effluents and Waste • Overall environmental • Occupational Health and Safety • Training and Education • Diversity and Equal Opportunity • Indigenous Rights • Local Communities • Emergency Preparedness • Permitting |
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List the organization's non-material topics |
• Child Labor • Forced or Compulsory Labor • Customer Health and Safety • Customer Privacy |
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Provide reason for considering such topics not material, provide details |
Not applicable |
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Report changes to the list of material topics compared to the previous reporting period |
This is Clean Air Metals' first disclosure on Material Topics, therefore, there are no topics prior to this reporting period. |
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Environment |
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General Disclosure |
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Compliance with laws and regulations |
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Report the total number of significant instances of non-compliance with laws and regulations during the reporting period, and a breakdown of this total by: |
0 |
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Number of instances for which fines were incurred |
0 |
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Number of instances for which non-monetary sanctions were incurred |
0 |
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Report the total number of fines for instances of non-compliance with laws and regulations that were paid during the reporting period |
0 |
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Report the monetary value of fines for instances of noncompliance with laws and regulations that were paid during the reporting period ($Million) |
0 |
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Total number of fines for instances of non-compliance with laws and regulations that occurred in the current reporting period |
0 |
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Total monetary value of fines for instances of non-compliance with laws and regulations that occurred in the current reporting period ($Million) |
0 |
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Total number of fines for instances of non-compliance with laws and regulations that occurred in previous reporting periods |
0 |
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Total monetary value of fines for instances of non-compliance with laws and regulations that occurred in previous reporting periods |
0 |
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Describe the significant instances of non-compliance |
Clean Air Metals Inc. is in full compliance with Federal and Provincial environmental laws and regulations. |
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Greenhouse Gas Emissions |
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Scope 1 |
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For your operations, disclose the gross global Scope1 greenhouse gas (GHG) emissions to the atmosphere of the seven GHGs covered under the Kyoto Protocol (tonne CO₂-e) |
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Carbon dioxide (CO₂) (tonne CO₂-e) |
1,315.833 |
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Methane (CH₄) (tonne CO₂-e) |
0.000 |
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Nitrous oxide (N₂O) (tonne CO₂-e) |
0.000 |
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Hydrofluorocarbon-23 (CHF₃) (tonne CO₂-e) |
0.000 |
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Hydrofluorocarbon-32 (CH₂F₂) (tonne CO₂-e) |
0.000 |
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Sulphur hexafluoride (SF₆) (tonne CO₂-e) |
0.000 |
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Nitrogen trifluoride (NF₃) (tonne CO₂-e) |
0.000 |
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Perfluoromethane (CF₄) (tonne CO₂-e) |
0.000 |
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Perfluoroethane (C₂F₆) (tonne CO₂-e) |
0.000 |
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Perfluorobutane (C₄F₁₀) (tonne CO₂-e) |
0.000 |
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Perfluorohexane (C₆F₁₄) (tonne CO₂-e) |
0.000 |
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The total amount of gross global Scope 1 GHG emissions (CO₂-e) (tonne) |
1,315.833 |
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GHG emissions calculations for the 2022 reporting period are based on the total annual purchase of hydrocarbons utilized by the Company for exploration activities primarily drilling and transportation. |
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The percentage of its gross global Scope 1 GHG emissions that are covered under an emissions-limiting regulation or program that is intended to directly limit or reduce emissions, such as cap-and-trade schemes, carbon tax/fee systems, and other emissions control (e.g., command-and-control approach) and permit-based mechanisms |
100.0000% |
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The entity shall discuss its long-term and short-term strategy or plan to manage its Scope 1 greenhouse gas (GHG) emissions |
The mining pre-feasibility process will include attempted reductions of GHG through the application of electrical-non diesel mining equipment.
Clean Air Metals Inc. is involved in the exploration and development of Green energy and battery metals specifically Platinum, Palladium, Copper, and Nickel with by-product Cobalt. |
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Carbon Offset |
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Credits |
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How much CO₂ (metric tonnes) offset credits were purchased? |
0.000 |
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Air Emissions |
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Report emissions of air pollutants that are released into the atmosphere |
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Emissions of carbon monoxide, reported as CO (tonne) |
6.909 |
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Emissions of oxides of nitrogen (NOx), reported as NOx (tonne) |
32.071 |
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Emissions of oxides of sulphur (SOx), reported as SOx (tonne) |
2.109 |
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Emissions of Particulate Matter 10 micrometres or less in diameter (PM₁₀), reported as PM₁₀ (tonne) |
2.254 |
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Emissions of lead and lead compounds, reported as Pb (tonne) |
0.000 |
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Emissions of mercury and mercury compounds, reported as Hg (tonne) |
0.000 |
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Emissions of non-methane Volatile Organic Compounds (VOCs) (tonne) |
2.618 |
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Energy Management |
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Total energy consumed in aggregate, in gigajoules (GJ) (hydrocarbons and electricity) including the fuel types used (e.g., biomass, hydro-electric power or bioenergy) |
35,311.980 |
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The total energy consumed for the 2022 reporting period is based on the Company's annual purchase of diesel, gasoline and propane in addition to the estimated energy consumed by grid electricity and natural gas required for our corporate office and other related facilities. |
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Percentage energy consumed that was supplied by grid electricity |
46.3149% |
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Clean Air Metals strives for carbon neutrality in the design of the TBN project. This includes using 100% renewable grid-supplied power, co- funding replanting efforts in legacy areas with the local forest manager, investigating carbon capture with its mine tails, and seeking to electrify mine fleet in feasibility mine design so far as is possible with available technology. |
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Percentage of energy consumed that is renewable energy |
46.3149% |
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Clean Air Metals Inc. is actively exploring with diesel powered diamond drills on a 24/7 basis and thus the renewable metric is highlighting this energy intensive activity. |
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Water |
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Efficiency |
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Proportion of water reused and recycled by the site to reduce the overall consumptive water demand |
Does Not Apply |
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Water Management |
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Disclose the freshwater withdrawn in locations with High or Extremely High Baseline Water Stress as a percentage of the total water withdrawn |
0.0000% |
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Disclose freshwater consumed in locations with High or Extremely High Baseline Water Stress as a percentage of the total water consumed |
Does Not Apply |
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Was your organization subject to any fines, enforcement orders, and/or other penalties for water-related regulatory violations |
No |
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Total number of instances of non-compliance, including violations of a technology-based standard and exceedances of quality-based standards |
0 |
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Waste Management |
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Disclose the total weight of tailings produced (tonne) |
0.000 |
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Tailings Storage Facilities Management |
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Does your company manage Tailings Storage Facilities |
No |
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Disclose the approach to the development of Emergency Preparedness and Response Plans (EPRPs) |
Clean Air metals does not manage any Tailings Storage Facilities and therefore does not have an Emergency Preparedness and Response Plan for Tailings Storage Facilities. |
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Innovation |
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Spending on Research, Development, and Technologies for waste management compliance and improvement |
$0 |
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Clean Air Metals Inc., is an exploration company and therefore R&D on waste management is not applicable to our core business. |
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Biodiversity |
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Management Plan |
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List the environmental and biodiversity management plan(s) implemented at active sites |
Clean Air Metals Inc. is conducting environmental baseline assessments. |
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Clean Air Metals Inc. is in full compliance with Federal and Provincial environmental laws and regulations.
Environmental Management Plans include: * Biodiversity Management Plan * Environmental Spill Response Plan * Migratory Bird Management Plan * Species at Risk Management Plan * Invasive Species Management Plan
The assessments include information on biodiversity for the Thunder Bay North project. |
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TBN Biodiversity Management Plan 2023 |
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1.1 Mine lifecycle stages to which the plan(s) apply |
Exploration and appraisal |
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1.2 The topics addressed by the plan(s) |
• Ecological and biodiversity impacts • Discharges to water • Natural resource consumption |
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1.3 The underlying references for its plan(s), including whether they are codes, guidelines, standards, or regulations; whether they were developed by the entity, an industry organization, a third-party organization (e.g., a non-governmental organization, a governmental agency, or some combination of these groups) |
The Biodiversity Management Plan adheres to Environmental Protection legislation and guidelines and is conducted by independent third-party environmental consultants. Preliminary field results indicate no 'Species at Risk' impacts that are not adequately mitigated. |
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Impacts |
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Does access to the site involve traversing a protected area |
No |
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Do any of the entities concessions share a watershed with a protected area |
No |
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Provide context and description of site access involving traversing protected areas, and/or watersheds shared with a protected area. Include reference to measures in place to assure access, any proactive programs to support the biodiversity of the protected area, and any formal complaints or compliance issues and related steps to resolve |
The Thunder Bay North project does not traverse or share concessions with a watershed in a protected area. Clean Air Metals is actively ensuring protection of surface water resources by active sediment and erosion control measures and through Invasive Species Management Plan and Biodiversity Management Plan. |
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Thunder Bay North Site Access |
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Clean Air Metals Project Area |
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Percentage of proved reserves in sites with protected conservation status or in areas of endangered species habitat |
Does Not Apply |
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The Thunder Bay North project does not overlap with protected conservation sites or endangered species habitats. |
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Percentage of probable reserves in sites with protected conservation status or in areas of endangered species habitat |
Does Not Apply |
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Percentage of inferred, indicated and/or measured resources in sites with protected conservation status or in areas of endangered species habitat |
Does Not Apply |
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Social |
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Scale of the Organization |
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Describe how the organisation defines its "Operation" |
Clean Air Metals is a junior mining exploration and development company located in Ontario, Canada. The firms sole asset is the Thunder Bay North Critical Minerals project which is a mine development project currently evaluating the potential resource and economics around a ramp access underground mine. Should the project proceed, the mine would produce concentrate of copper, nickel, platinum and palladium that would be sold to a smelter. Clean Air Metals currently does not have any goods or services for sale. |
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Report the total number of operations |
1 |
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Scale of the Organization |
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Report the total number of direct employees worldwide (exclude contractors) |
10 |
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Report the total number of male direct employees worldwide (exclude contractors) |
8 |
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Report the total number of female direct employees worldwide (exclude contractors) |
2 |
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Report the total number of contract employees worldwide |
0 |
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Female employees and contractors as percentage of total employees and contractors |
20.0000% |
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Male employees and contractors as percentage of total employees and contractors |
80.0000% |
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Employee Information |
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Report the total number of direct employees by employment type (permanent and temporary), by gender |
10 |
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Total number of permanent employees |
10 |
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Total number of permanent employees - female |
2 |
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Total number of permanent employees - male |
8 |
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Total number of permanent employees - Non-binary |
0 |
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Total number of temporary employees |
0 |
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Total number of temporary employees - female |
0 |
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Total number of temporary employees - male |
0 |
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Total number of temporary employees - Non-binary |
0 |
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Report the total number of non-guaranteed hours employees by gender |
0 |
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Report the total number of employees by employment type (full-time and part-time), by gender |
10 |
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Report the total number of full-time employees |
10 |
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Report the total number of part-time employees |
0 |
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Total number of full-time employees - female |
2 |
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Total number of part-time employees - female |
0 |
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Total number of full-time employees - male |
8 |
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Total number of part-time employees - male |
0 |
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Total number of full-time employees - Non-binary |
0 |
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Total number of part-time employees - Non-binary |
0 |
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Describe the methodologies and assumptions used to compile the data |
Data is collected from our payroll software as of fiscal year end January 31, 2022. |
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Are the numbers reported in head count, full-time equivalent (FTE), or using another methodology |
FTE |
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Are the numbers reported at the end of the reporting period, as an average across the reporting period, or using another methodology |
Numbers reported were based on workforce composition at the end of fiscal year January 31, 2022. |
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Workers who are not employees |
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Report the total number of workers who are not employees and whose work is controlled by the organization |
0 |
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Report the total number of contractors by employment type (permanent and temporary), by gender |
0 |
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Report the total number of contractors by employment type (full-time and part-time), by gender |
0 |
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In this report we include contract personnel that we directly supervise on a day to day basis. |
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Turnover |
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Report the total number and rate of employee turnover during the reporting period, by age group, and gender |
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All Employees |
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Total number of turnover (the number that left during the period) |
5 |
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Rate of turnover |
52.6316% |
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Female employees |
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Total number of turnover (the number of females that left during the period) |
1 |
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Rate of turnover, females |
40.0000% |
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Male employees |
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Total number of turnover (the number of males that left during the period) |
4 |
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Rate of turnover, males |
47.0588% |
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Non-binary employees |
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Total number of turnover (the number non-binary that left during the period) |
0 |
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Rate of turnover, non-binary |
Does Not Apply |
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Turnover & Age Breakdown |
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Employees aged 30 years old and under |
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Total number of turnover (the number that left during the period) |
1 |
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As percent of total employees |
20.0000% |
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Rate of turnover |
50.0000% |
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Employees aged between 30 and 50 years old |
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Total number of turnover (the number that left during the period) |
2 |
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As percent of total employees |
50.0000% |
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Rate of turnover |
33.3333% |
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Employees over 50 years old |
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Total number of turnover (the number that left during the period) |
2 |
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As percent of total employees |
40.0000% |
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Rate of turnover |
40.0000% |
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Identify types of employees captured in the turnover rate calculations |
All employees on the payroll |
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Average age of employees |
45 |
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Diversity and Equal Opportunity |
|
|
Report the percentage of employees per employee category in each of the following diversity categories |
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Board of Directors |
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Total Board of Directors |
6 |
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Percent Male |
83.3333% |
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Percent Female |
16.6667% |
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Percent Non-Binary |
0.0000% |
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Percent under 30 years of age |
0.0000% |
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Percent between 30 and 50 years of age |
25.0000% |
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Percent over 50 years of age |
66.6667% |
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Senior Management |
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Total Senior Managers |
4 |
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Percent Male |
100.0000% |
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Percent Female |
0.0000% |
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Percent Non-Binary |
0.0000% |
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Percent under 30 years of age |
0.0000% |
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Percent between 30 and 50 years of age |
75.0000% |
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Percent over 50 years of age |
25.0000% |
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Salaried (excluding Senior Management) |
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Total Salaried (excluding Senior Management) |
6 |
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Percent Male |
66.6667% |
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Percent Female |
33.3333% |
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Percent Non-Binary |
0.0000% |
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|
Percent under 30 years of age |
33.3333% |
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|
Percent between 30 and 50 years of age |
33.3333% |
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|
Percent over 50 years of age |
33.3333% |
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|
Production Employees (unskilled hourly) |
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Total Contractors |
0 |
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Labour Relations |
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Collective Bargaining Agreements |
|
|
Percentage of total direct employees covered by collective bargaining agreements |
0.0000% |
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For employees not covered by collective bargaining agreements, report whether the organization determines their working conditions and terms of employment based on collective bargaining agreements that cover its other employees or based on collective bargaining agreements from other organizations |
Employee's working conditions and terms of employment are not based on collective bargaining agreements. |
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Notice Periods |
|
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Minimum number of weeks’ notice typically provided to employees and their representatives prior to the implementation of significant operational changes that could substantially affect them |
2 |
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2 weeks as per Ontario Labor Code. |
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Occupational Health and Safety |
|
|
Work-related Injuries |
|
|
Injuries - For all employees |
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i. Number of fatalities as a result of work-related injury |
0 |
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i. Rate of fatalities resulting from work-related injury. Note: calculating per 200,000 hours worked |
0.000 |
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ii. Number of high-consequence work-related injuries (excluding fatalities) |
0 |
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ii. Rate of high-consequence work-related injuries (excluding fatalities) |
0.000 |
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iii. Number of recordable work-related injuries |
0 |
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iii. Rate of recordable work-related injuries |
0.000 |
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iv. Main types of work-related injury, e.g., confined space, trips, falls, etc. |
In this reporting period Clean Air Metals, Inc., did not have any work-related injuries. |
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v. Number of hours worked |
63,627 |
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Lost Time Injuries (LTIs) |
0 |
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Lost Time Injuries Rate (LTIR) |
0.000 |
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Injuries - workers who are not employees but whose work and/or workplace is controlled by the organization |
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|
|
i. Number of fatalities as a result of work-related injury |
0 |
|
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|
|
i. Rate of fatalities resulting from work-related injury. Note: calculating per 200,000 hours |
0.000 |
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ii. Number of high-consequence work-related injuries (excluding fatalities) |
0 |
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|
ii. Rate of high-consequence work-related injuries (excluding fatalities) |
0.000 |
|
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|
iii. Number of recordable work-related injuries |
0 |
|
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iii. Rate of recordable work-related injuries |
0.000 |
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iv. Main types of work-related injury, e.g., confined space, trips, falls, etc. |
In this reporting period, Clean Air Metals Inc. did not have any work-related injuries. |
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v. Number of hours worked |
0 |
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Lost Time Injuries (LTIs) |
0 |
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Lost Time Injuries Rate (LTIR) |
0.000 |
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Combined (Employees and non-employees, but controlled by the organization): |
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Total Hours Worked |
63,627 |
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Total number of all work-related injuries |
0 |
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Rate of work-related injuries |
0.000 |
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Total Lost Time Injuries (LTIs) |
0 |
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Lost Time Injuries Rate (LTIR) |
0.000 |
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Report the work-related hazards that pose a risk of high-consequence injury, including |
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i. How have these hazards been determined |
There were no high-consequence health and safety hazards identified. Overall, hazards are identified through multiple processes:
a) monthly site inspections by health and safety representatives and management. b) front-line risk assessments. c) hazard identification as part of population and regular reviews of our risk register. |
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ii. Which of these hazards have caused or contributed to high-consequence injuries during the reporting period |
Clean Air Metals Inc. has not sustained any high-consequence injuries during the reporting period. |
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iii. Actions taken or underway to eliminate these hazards and minimize risks using the hierarchy of controls |
Clean Air Metals Inc. has not sustained any high-consequence injuries during the reporting period. |
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Monthly site inspections are carried out by the Employee Designate to identify any potential hazards according to the hierarchy of controls. |
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Hierarchy of controls statement 2023 |
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Report on actions taken or underway to eliminate other work-related hazards and minimize risks using the hierarchy of controls |
We have risk assessments in place for all Clean Air Metals workplaces as per the Occupational Health and Safety Act. All hazards with a moderate risk (or higher) have mitigations that are ranked in terms of the hierarchy of controls |
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Whether and, if so, why any workers have been excluded from this disclosure, including the types of worker excluded, e.g., short-term contractors |
The report excludes independent contractors (i.e. diamond drilling contractors) that have their own Health and Safety policies, plans, and procedures that are in compliance with the Canadian provincial labour codes and are regularly inspected by the Ministry of Labour, with no resulting notices or sanctions issued. |
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Disclose any contextual information necessary to understand how the data have been compiled, i.e., any standards, methodologies, and assumptions used |
Clean Air Metals Inc. has developed its Health and Safety Protocols and Management System based on the 2021 Ontario OH&S Act & Regulations and the e3 Plus Exploration and Environmental Protocols developed by Prospectors and Developers Association of Canada. |
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e3 Plus PDAC |
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Safety Training |
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Disclose the average number of training hours provided to its workforce for health, safety, and emergency management training |
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Average hours of health, safety, and emergency response training for (a) full-time/direct employees |
3.2 |
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Average hours of health, safety, and emergency response training for (b) contract employees |
0 |
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Security, Human Rights and Rights of Indigenous People |
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Identify the countries of operations within the World Bank's list of “Fragile and Conflict-Affected Situations” |
None |
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Describe the nature of any social risks, for all operating countries, that could have a material risk to operations |
Clean Air Metals Inc. operates in areas adjacent and overlapping with non-reserve traditional First Nation territories within the Robinson Superior Treaty of 1850. Clean Air Metals Inc. seeks to preserve the traditional activities such as hunting, fishing, trapping, and gathering practiced by the Indigenous communities adjacent to our operations or provide culturally appropriate compensation as identified by the affected Indigenous communities where these activities may be negatively impacted. |
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Percentage of proved reserves that are located in or near areas that are considered to be indigenous peoples’ land |
Does Not Apply |
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While the Company's exploration lands overlap with Non-Reserve Aboriginal traditional territory acknowledged in the MOA dated January 8, 2021, the Company is at an Indicated and Inferred level of mineral resource and has no proved reserves at this time. Non- Reserve Aboriginal traditional territory retains treaty-protected rights to amongst other things, hunt, fish, trap, and gather, under Section 35 of the Constitution Act, Canada. It is the extent to which these treaty-protected activities may be impacted by exploration activities that meaningful consultation, accommodation/compensation may be required. |
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The total amount of proved reserves |
0 |
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Percentage of probable reserves that are located in or near areas that are considered to be indigenous peoples’ land |
Does Not Apply |
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The total amount of probable reserves |
0 |
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Percentage of inferred, indicated and measured resources that are located in or near areas that are considered to be indigenous peoples’ land |
100.0000% |
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Total amount of inferred, indicated and measured resources |
16,305,000 |
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Describe due diligence practices and procedures with respect to indigenous rights of communities in which it operates or intends to operate |
Please see attached for a detailed description of Clean Air Metal's Inc. approach to indigenous rights. |
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CAM Indigenous People's Engagement |
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Discuss practices and list procedures while operating in areas of conflict |
Clean Air Metals Inc. conducts activities in Ontario, Canada and does not conduct activities in areas of conflict. |
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Community Relations |
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Artisanal and Small-Scale Mining |
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Number of company operating sites where artisanal and small-scale mining (ASM) takes place on, or adjacent to, the site (not controlled by company/unauthorized) |
0 |
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Percentage of company operating sites where artisanal and small-scale mining (ASM) takes place on, or adjacent to, the site |
Does Not Apply |
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Report the associated risks and the actions taken to manage and mitigate these risks |
Clean Air Metals Inc. recognizes that there are adjacent mineral exploration activities to its holdings at the Thunder Bay North Project by other parties including prospectors and mining companies. All parties are governed by the statutes and regulations of the Ontario Mining Act. |
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Programs |
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Report on community relations programs, objectives and achievements in the past 3 years |
Please see attached for a description of Clean Air Metal's Inc. community relations program. |
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Photo by D. Campbell – Clean Air Metals Inc. |
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Photo by D. Campbell – Clean Air Metals Inc. |
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Community Consultation Plan |
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CAM_001_Nov_2022_Newsletter |
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CAM_002_Feb_2023_Newsletter |
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Discuss the processes, procedures, and practices to manage risks and opportunities associated with the rights and interests of communities in areas where it conducts business |
Risk identification is participatory. The company and its Participating Communities decide on risk mitigation together pursuant to the terms of an Exploration Agreement. Communication with community groups take place through virtually and through Open House Forums to provide information on Company, the project, technical progress and environmental assessment.
Exploration Agreement Implementation Committee has delegates from the Company and community representatives as a mechanism for communicating to community as a whole. |
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Risks and Opportunities |
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Disclose the total number of site shutdowns or project delays due to non-technical factors |
0 |
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Disclose the total aggregate duration (in days) of site shutdowns or project delays due to non-technical factors |
0 |
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Governance |
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Climate Change |
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Oversight |
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Is there board-level oversight of climate-related issues within your organization |
Yes |
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The Sustainability Committee of the Board of Directors provides direction on climate-related issues for the company. The company has retained the following third-party stakeholder groups to provide advice on sustainable mining practices: DRA Global, BBA Engineering, Englobe Corp, Oshki-Aki LP, Northwinds Environmental Services Ltd, and Woodland Heritage Northwest. |
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Responsibility |
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Provide the highest management-level position(s) or committee(s) with responsibility for climate-related issues |
Chief Executive Officer (CEO) |
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Nature of primary responsibility |
Both assessing and managing climate-related risks and opportunities |
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Reporting |
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Frequency of reporting to the board on climate-related issues |
Quarterly |
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Incentives |
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Do you provide incentives for the management of climate-related issues, including the attainment of targets |
Not Applicable |
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Risk and Opportunity Management |
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Does your organization have a process for identifying, assessing, and responding to climate-related risks and opportunities |
No - important but not an immediate business priority |
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Risk Assessments |
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Have you identified any inherent climate-related risks with the potential to have a substantive financial or strategic impact on your business |
Yes |
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Provide details of identified risks in your direct operations with the potential to have a substantive financial or strategic impact on your business, and your response to those risks |
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Risk 1 |
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Where in the value chain does the risk driver occur |
Direct operations |
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Risk type and primary driver |
Emerging regulation - Carbon pricing mechanisms |
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Regulations regarding sustainable mining and extraction processes may result in increased capital expenditures. |
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Time horizon of risk |
Long-term |
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Likelihood of impact |
Likely |
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Magnitude of impact |
Medium |
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Potential impact financial figure and explanation |
Subject to Bankable Feasibility Study. |
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Primary potential financial impact |
Increased capital expenditures |
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Cost of response to risk and description |
Subject to Bankable Feasibility Study. |
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Risk 2 |
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Where in the value chain does the risk driver occur |
Downstream |
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Risk type and primary driver |
Technology - Substitution of existing products and services with lower emissions options |
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Increased focus on R&D battery and emission technologies may potentially affect demand for the commodity suite being considered by Clean Air Metals. |
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Time horizon of risk |
Long-term |
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Likelihood of impact |
About as likely as not |
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Magnitude of impact |
Medium-low |
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Potential impact financial figure and explanation |
Subject to Bankable Feasibility Study. |
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Primary potential financial impact |
Decreased revenues due to reduced demand for products and services |
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Cost of response to risk and description |
Subject to Bankable Feasibility Study. |
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Opportunity Assessments |
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Have you identified any climate-related opportunities with the potential to have a substantive financial or strategic impact on your business |
Yes |
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Provide details of opportunities identified with the potential to have a substantive financial or strategic impact on your business |
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Opportunity 1 |
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Where in the value chain does the opportunity driver occur |
Downstream |
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Opportunity type |
Resource efficiency : Use of more efficient modes of transport |
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The commodity mix on offer from the company's project are key elements in the transition to zero emissions and green energy transportation solutions. Battery electric, copper, nickel; emissions reduction for internal combustion engines, palladium and platinum; hydrogen fuel cell hybrid vehicle technology driven by platinum anode and cathode electrolysis and reverse electrolysis. |
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Opportunity time horizon |
Medium-term |
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Opportunity likelihood |
Likely |
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Magnitude of impact |
High |
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Potential impact financial figure and explanation |
Subject to Bankable Feasibility Study. |
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Primary potential financial impact driver |
Increased revenues resulting from increased demand for products and services |
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Cost and strategy to realize opportunity and explanation of cost calculation |
Subject to Bankable Feasibility Study. |
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Opportunity 2 |
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Where in the value chain does the opportunity driver occur |
Direct operations |
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Opportunity type |
Energy source: Use of new technologies |
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The company is testing the feasibility of using all electric mining equipment. |
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Opportunity time horizon |
Medium-term |
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Opportunity likelihood |
More likely than not |
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Magnitude of impact |
Medium |
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Potential impact financial figure and explanation |
Subject to Bankable Feasibility Study. |
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Primary potential financial impact driver |
Increased revenues resulting from increased demand for products and services |
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Cost and strategy to realize opportunity and explanation of cost calculation |
Subject to Bankable Feasibility Study. |
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Opportunity 3 |
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Where in the value chain does the opportunity driver occur |
Downstream |
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Opportunity type |
Resilience: Participation in renewable energy programs and adoption of energy-efficiency measures |
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The commodity mix on offer from the company's project are key elements in the transition to zero emissions and green energy transportation solutions. Battery electric, copper, nickel; emissions reduction for internal combustion engines, palladium and platinum; hydrogen fuel cell hybrid vehicle technology driven by platinum anode and cathode electrolysis and reverse electrolysis. |
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Opportunity time horizon |
Long-term |
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Opportunity likelihood |
About as likely as not |
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Magnitude of impact |
Medium-low |
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Potential impact financial figure and explanation |
Subject to Bankable Feasibility Study. |
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Primary potential financial impact driver |
Increased access to capital |
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Cost and strategy to realize opportunity and explanation of cost calculation |
Subject to Bankable Feasibility Study. |
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Strategy |
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Have climate-related risks and opportunities influenced your organization’s strategy and/or financial planning |
Yes |
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Water Management |
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Quality and Quantity Dependency |
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Rate the importance (current and future) of freshwater quality and quantity to the success of your business |
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Direct use importance rating |
Vital |
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Indirect use importance rating |
Important |
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Rate the importance (current and future) of sufficient quantity of recycled, brackish and/or produced water for the success of your business |
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Direct use importance rating |
Vital |
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Indirect use importance rating |
Important |
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Risk Assessments |
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Does your organization undertake a water-related risk assessment |
Yes, water-related risks are assessed |
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Select the options that best describe your procedures for identifying and assessing water-related risks |
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i. Coverage |
Full |
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ii. Risk Assessment Procedure |
Water risks are assessed as part of an enterprise risk management framework |
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iii. Frequency of Risk Assessment |
More than once a year |
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iv. How far into the future are risks considered |
More than 6 years |
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Have you identified any inherent water-related risks with the potential to have a substantive financial or strategic impact on operations |
Yes, only within our direct operations |
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Provide details of identified risks in your direct operations with the potential to have a substantive financial or strategic impact on your business, and your response to those risks |
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Risk 1 |
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Type of risk |
All |
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Primary risk driver |
Physical - Pollution incident |
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Primary potential impact |
Fines, penalties or enforcement orders |
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Risk timeframe |
1-3 years |
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Magnitude of potential impact |
Medium-high |
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Likelihood of potential impact |
Very unlikely |
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Potential impact financial figure and explanation |
> $100,000 is possible if a large spill event occurs. |
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Primary response |
Greater due diligence |
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Cost of response and description of response |
$15,000 per year to implement independent oversight to ensure compliance and best management practices. |
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Opportunity Assessments |
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Have you identified any water-related opportunities with the potential to have a substantive financial or strategic impact on your business |
Yes, we have identified opportunities, and some or all are being realized |
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Water balance is a key element of mine site design and will be considered in more detail at a bankable feasibility study stage. |
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Opportunity 1 |
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Type of opportunity |
Efficiency: Improved water efficiency in operations |
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Opportunity timeframe |
1-3 years |
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Magnitude of potential impact |
Medium-high |
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Potential impact financial figure and explanation |
CAM will assess the potential for process water re-use during the engineering design phase of the project. Reuse of process water is anticipated to reduce the potential for effluent treatment and discharge. |
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Opportunity 2 |
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Type of opportunity |
Markets: Improved community relations |
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Opportunity timeframe |
1-3 years |
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Magnitude of potential impact |
Medium-high |
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Potential impact financial figure and explanation |
CAM intends to minimize the environmental footprint of the future site development, particularly with respect to destruction of fish bearing water bodies. This will lead to reduced regulatory milestones and increased public confidence in the project. |
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Responsibility |
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Provide the highest management-level position(s) or committee(s) with responsibility for water-related issues |
Sustainability Committee |
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Policy |
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Does your organization have a documented water policy |
No, but we plan to develop one within the next 2 years |
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Select the options that best describe the scope and content of your organizations' water policy |
Commitment to safely managed Water, Sanitation and Hygiene (WASH) in local communities |
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Reporting |
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Frequency of reporting to the board on water-related issues |
Quarterly |
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Incentives |
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Do you provide incentives to C-suite employees or board members for the management of water-related issues |
Not Applicable |
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C-Suite incentives will be provided to the extent that ESG related compensation is tied to performance objectives that include water related issues. |
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Strategy |
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Are water-related issues integrated into any aspects of your long-term strategic business plan |
No, water-related issues not yet reviewed, but there are plans to do so in the next two years |
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Governance structure and composition |
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Describe its governance structure, including committees of the highest governance body; e.g., the Board of Directors, the Executives, the Board Environment Committee, Board Safety Committee, the Advisory Committee, etc. |
See attached Organizational Chart for Clean Air Metals Inc. |
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Role of the Board of Directors |
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Organizational Chart |
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List the committees of the highest governance body that are responsible for decision making on and overseeing the management of the organization’s impacts on the economy, environment, and people; e.g., the Board of Directors, the Executives, the Board Environment Committee, Board Safety Committee, the Advisory Committee, etc |
The Sustainability and Audit Committees of the Board of directors are responsible for decision- making on economic, environmental, and social issues that pertain to the Company's operations.
Further, the Compensation Committee of the Board of Directors enhances employee retention through the determination of competitive remuneration, including salary, benefits, and equity participation. |
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Overall responsibility for Economic, Environmental and Social matters is assigned to the CEO, Jim Gallagher
Sustainability Committee
Audit Committee |
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Delegation of responsibility for managing impacts |
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Describe whether the highest governance body has appointed any senior executives with responsibility for the management of organization’s impacts on the economy, environment, and people e.g., is it part of the Governance structure of the company, the CFO or internal audit reporting to the Board |
Yes |
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Describe whether the highest governance body has delegated responsibility for the management of impacts to other employees; |
At Clean Air Metals Inc., the CEO is responsible for economic, environmental, and social issues and reports to the Board of Directors. |
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Consultation Process |
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Report the processes for consultations between stakeholders and the highest governance body on economic, environmental and social topics, e.g., for most mining companies it would be the executives and operations and not the Board, and if delegated, explain how |
As a public company issuer (AIR: TSXV), the Company is obligated to provide continuous disclosure of all its **material** business activities by press release. All feedback from shareholders, potential investors and interested stakeholders is directed to the appropriate member of the management team. Consultation can include direct meetings with affected stakeholders and /or communities, as is the case with recent permit consultations and community meetings. |
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Governance structure and composition |
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Describe the composition of the highest governance body and its committees by |
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Number of executive members |
2 |
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Number of non-executive members |
4 |
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Number of independent members |
4 |
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Less than 3 years of tenure of members on the governance body |
1 |
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3-6 years of tenure of members on the governance body |
5 |
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6-9 years of tenure of members on the governance body |
0 |
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More than 10 years of tenure of members on the governance body |
0 |
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Number of other significant positions and commitments held by each member, and the nature of the commitments |
See link to Board and Senior Management biographical information. |
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Board and Senior Management Biographical Information |
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Number of Male governance body members |
5 |
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Number of Female governance body members |
1 |
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Number of members from under-represented social groups |
1 |
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Pursuant to the Press Release of November 8, 2021, Clean Air Metals, Inc is pleased to announce the appointment of Shannin Metatawabin to the Board of Directors.
Clean Air Metals Announces the Appointment of Mr. Shannin Metatawabin to the Board of Directors |
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Description of competencies relating to economic, environmental, and social topics |
See link to Board and Senior Management biographical information. |
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Board and Senior Management Biographical Information |
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Description of stakeholder representation |
Clean Air Metals Inc. is a Canadian exploration and development company. Its stakeholder representation consists of employees and workers who are not employees, trade union service suppliers, local community supply and services, and our shareholders and providers of capital. |
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Board Diversity |
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Do you have a diversity policy and if so, provide details, link to the policy or attach the file |
See link for the Clean Air Metals Inc. Equity, Diversity, and Inclusion policy |
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Equity, Diversity and Inclusion Policy |
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Chair of the highest governance body |
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Is the chair of the highest governance body is also a senior executive in the organization |
No |
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Conflicts of Interest |
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Describe the processes for the highest governance body to ensure that conflicts of interest are prevented and mitigated |
Board of Director members are required to disclose conflicts of interest including outside affiliations and are subject to re-election at the annual general meeting. As a listed public issuer, the Company is subject to annual third party Financial and Procedural Audit. In addition, the Company has in place a Code of Code of Business Conduct & Ethics and Board Mandate. |
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Code of Business Conduct and Ethics
Mandate of the Board of Directors |
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Report whether conflicts of interest are disclosed to stakeholders, including, as a minimum, conflicts of interest relating to |
Yes |
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Cross-board membership |
Yes |
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Cross-shareholding with suppliers and other stakeholders |
Yes |
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Existence of controlling shareholder |
Yes |
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Related parties, their relationships, transactions, and outstanding balances |
Yes |
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Collective knowledge of highest governance body |
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Report measures taken to advance the collective knowledge, skills, and experience of the highest governance body on sustainable development., e.g., board training |
Mary Ann Crichton is Chair of the Sustainability Committee at Clean Air Metals. She is also Chair of the Equity, Diversity, and Inclusion Committee and a member of the Sustainability Committee for the Prospectors and Developers Association of Canada.
Board Training includes "Walking In My Moccasins," an Indigenous sensitivity course by Ed Collins and Mining Industries Human Resources (MiHR) Council Intercultural Awareness Training. |
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Mining Industries Human Resources Council Intercultural Awareness Training
Prospectors and Developers Association of Canada |
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Evaluation of Highest Governance Body |
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Describe actions taken in response to the evaluations, including changes to the composition of the highest governance body and organizational practices |
Clean Air Metals Inc. reports on ESG progress on a quarterly basis in its Management Discussion & Analysis. The Company is also subject to annual third-party Financial and Procedural Audits. |
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Transparency |
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Describe the role of the highest governance body and of senior executives in developing, approving, and updating the organization’s purpose, value or mission statements, strategies, policies, and goals related to sustainable development |
The Company seeks to operate sustainably through an ESG Mandate and Sustainability Policy implemented by the Sustainability committee. |
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ESG Mandate
Susatainability Committee Mandate
Sustainability Policy |
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Describe the role of the highest governance body in overseeing the organization’s due diligence and other processes to identify and manage the organization’s impacts on the economy, environment, and people |
All economic, environmental, and social topics and their impacts, risks, and opportunities are discussed in Sustainability Committee meetings. Action items are identified, actioned, and reported to the Board on a regular basis. |
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Sustainability Committee Mandate |
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Describe whether and how the highest governance body engages with stakeholders to support these processes |
Members of the Sustainability Committee meet with Indigenous Rights Holders regularly at Implementation Committee meetings and at minimum yearly at an annual meeting. |
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Stakeholder consultation is delegated to CEO who's contact coordinates are publicly disclosed. |
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Ethics |
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Describe the management system and due diligence procedures for assessing and managing corruption and bribery risks internally and associated with business partners in its value chain |
See link to Company Ethical Workplace and Reporting Policy and Procedure.
The Company adheres to Canadian anti- corruption legislation. Any payments to third parties are subject to the Extractive Sector Transparency Measures Act (ESTMA). |
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Ethical Workplace Policy |
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Report net production from activities located in the countries with the 20 lowest rankings in Transparency International’s Corruption Perception Index (CPI) (Saleable tonne) |
0 |
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Anti-Corruption |
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Communication and Training |
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i) Total number of governance body members that have received training on anti-corruption, broken down by region |
5 |
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The Company has received instruction from legal Counsel with respect to anti-corruption obligations and reporting. These are in large part embedded in the company's Code of Business Conduct and Ethics policy. All directors sign an Annual Certification form indicating compliance with business ethics and anti-corruption measures which are embedded in the policy.
Annual Certification Form |
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ii.) Total percentage of governance body members that have received training on anti-corruption, broken down by region |
83.3333% |
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Total number and percentage of employees that have received training on anti-corruption, broken down by employee category and region |
10 |
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1a. Total number of employees that received training on anti-corruption |
8 |
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Clean Air Metals Inc., has provided internal training on anti-corruption policies and procedures. |
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Total number of employees |
10 |
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1b. Total percentage of employees that received training on anti-corruption |
80.0000% |
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2a. Total number of senior employees that received training on anti-corruption |
2 |
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Total number of senior employees |
4 |
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2b. Percentage of senior employees that received training on anti-corruption |
50.0000% |
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3a. Total number of middle management employees have received training on anti-corruption |
1 |
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Total number of middle management employees |
1 |
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3b. Percentage of middle management employees have received training on anti-corruption |
100.0000% |
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4a. Total number of technical employees that received training on anti-corruption |
4 |
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Total number of technical employees |
4 |
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4b. Percentage of technical employees that received training on anti-corruption |
100.0000% |
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Total number of production employees |
0 |
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6a. Total number of administrative employees that received training on anti-corruption |
1 |
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Total number of administrative employees |
1 |
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6b. Percentage of administrative employees that received training on anti-corruption |
100.0000% |
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Remuneration |
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Describe how the remuneration policies for members of the highest governance body and senior executives relate to their objectives and performance in relation to the management of the organization’s impacts on the economy, environment, and people |
Senior executives have specific corporate performance objectives including ESG criteria and are evaluated according to specific items on ESG and other matters. |
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How the views of stakeholders (including shareholders) regarding remuneration are sought and taken into consideration |
Compensation Committee derives current data to benchmark compensation relative to peers .
Board and senior management are subject to annual re-election.
Company publishes quarterly and annual financial statements with details of senior executive remuneration. Shareholders and all stakeholders are invited to contact board and management directly. |
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Report the results of votes of stakeholders (including shareholders) on remuneration policies and proposals, if applicable |
Please see the attached press release for the reporting period. |
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Annual Financial Statement |
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2022 Press Release |
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Tax |
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Describe the approach to stakeholder engagement and management of stakeholder concerns related to tax, including: |
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i. The approach to engagement with tax authorities |
Company is subject to annual third-party audit and tax returns. |
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ii. The approach to public policy advocacy on tax |
The Company does not directly engage in public policy advocacy on tax issues. It supports industry initiative through its membership in the Prospectors and Developers Association of Canada (PDAC). |
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iii. The processes for collecting and considering the views and concerns of stakeholders, including external stakeholders |
The company publishes financial statements and contact information for external stakeholder comments. |
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This document was prepared using |
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, Planet Earth's complete ESG reporting solution. |
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