Proactive - Interviews for investors

Inside Caledonia Mining's 2024 ESG Report & key projects

Episode Summary

ESG Colleen Parkins takes Proactive's Stephen Gunnion through the company’s newly-released 2024 ESG report, its second to follow the Global Reporting Initiative standards. Parkins noted that this year’s report also includes an IFRS standards readiness assessment, as Caledonia benchmarks itself against the latest expectations in sustainability reporting. Key achievements highlighted include infrastructure projects in the Sitezi community near Blanket Mine — notably a high school upgrade featuring a new science and computer lab, and a Waiting Mothers Shelter at the local clinic. “The Sitezi Clinic services a 20-kilometre radius,” Parkins said, “and the Waiting Mothers Shelter lets expectant mothers stay near the clinic as they approach delivery, which is really important to me personally.” Caledonia has also made operational strides, with 20% of its power needs now met by solar energy, and 25% of its water sourced from recycling — critical during Zimbabwe’s 2024 drought. The company has aligned its tailings management with the Global Industry Standard for Tailings Management (GISTM). Looking ahead, Parkins confirmed an integrated safety, health, environment and community management system is set to go live in July 2025. Visit Proactive’s YouTube channel for more videos. Don’t forget to give this video a like, subscribe to the channel, and enable notifications for future content. #CaledoniaMining #ESGReport2024 #SustainableMining #SolarEnergy #WaterRecycling #ZimbabweMining #CommunityDevelopment #TailingsManagement #GRIStandards #IFRSReporting