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Environmental, Social and Governance (ESG)

Ardea and importantly the Original Equipment Manufacturers (OEM) with whom it deals all operate to ensure Environmental, Social and (Corporate) Governance (ESG) considerations are at the forefront of the way in which the Company does business and assesses societal impact. All project designs and work practices are predicated on ensuring the Company minimises greenhouse gas emission per tonne of nickel equivalent production. In doing so, the Company can ensure responsible sourcing of critical mineral supply, through sustainable and ethical production.

To this end, Ardea enlisted the services of Digbee ESG™ which is considered the mining sector’s foremost independent assessment platform for ESG disclosure, to assess and report on Ardea Resources and the Kalgoorlie Nickel Project (KNP).

On receiving confirmation of Ardea’s overall ESG “A” rating from Digbee’s ESG™ independent assessment team, Mr Andrew Penkethman, Managing Director and CEO of Ardea commented:

“Ardea’s commitment to a transparent ESG strategy, reporting and continuous improvement program is exemplified by our partnership with Digbee ESG™.

The independent team of experts from Digbee ESG™ have identified a noticeable improvement in Ardea’s baseline credentials and we will now incorporate their recommendations in order to assist in further improving our Environmental, Social and Governance programs, which will remain a key focus in the development of our assets, and in upholding the highest levels of business integrity and ethics.

The Board and staff of Ardea note our updated overall ESG award of “A” and acknowledge that this range provides some near-term opportunities for improvement which will be realised as Ardea continues to grow and advance the Kalgoorlie Nickel Project - Goongarrie Hub towards development as a leading source of nickel-cobalt Critical Mineral supply meeting the high ESG standards expected from modern society.”

ESG Certified by Digbee ESG™ - Updated March 2024

For more information and detail on the ESG Rating:

More about Ardea Resources and the KNP

Environmental

Social

Governance

Ardea have a strong board and management team committed to continual improvement in all aspects of our business. The initial Digbee ESG™ submission paves a path for operational and reporting improvements to be addressed across all pillars of Environmental, Social and Governance.

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