ESG Report

The report assesses Phoenix Copper with an overarching score of A as of October 2022, alongside a corporate score of BB and an Empire Mine project score of A. It highlights the Board-level ESG and Sustainability Committee and the Konnex Community Advisory Team, which includes three Phoenix/Konnex members and 11 independent local residents. It also identifies gaps in formal grievance and integrated enterprise-risk-management processes, and notes that the company had not committed to other recognized market-facing ESG standards beyond no net-loss biodiversity.