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Mining and Metals
Local and International clients operating in Africa are faced with diverse challenges in the mining sector. Richflood continuously develops smart solutions to meet the needs providing sustainability frameworks, environmental and social risk assessment, impact mitigation measures and follow-up with operational processes from planning to decommission phases.
We offer an integrated approach that combines industry expertise and assistance in maximising projects’ social benefits while minimising their environmental impacts through systematic stakeholders engagement standard practices, impact analysis and mitigation, monitoring and follow up to ensure project sustainability throughout the project lifecycle.
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Our approach working in African countries is unique and pays attention to local regulations while upscaling the standard where necessary.
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Greater reliance on water, wind, solar, biomass and geothermal sources, as well as more efficient energy use, can help mines create more jobs and foster sustainable economic growth.
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Richflood recognises sustainability challenges from generation, transmission, and distribution upgrades in African countries and provides solutions suitable for different scenarios. We assist borrowers and project proponents in better managing the environmental and social risks of mining projects and improving mineral sourcing and responsible mining development outcomes
Mines Investment Liabilities Due Diligence
In principle, the financial impacts resulting from some risk exposures can be hedged through strategic asset allocation and portfolio construction. These are effectively systemic and will require policy action to address environmental change and enable investors to meet their financial goals.
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Investors are beginning to ask how global environmental trends such as increased pressure on land for food production, soil degradation, localised water stress and extremes of weather will affect the macroeconomic performance of countries, and how this will play out at the industry and firm level.
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Richflood analytically supports investments and provide professional advise as to how environmental and social risks associated with investments can be minimised.
EHS Standards for Mines
We are conscious of the continuous standardisation of the Environmental Health and Safety requirements for investment projects in line with Good International Industry Practice (GIIP).
We thoroughly examine each project's peculiarity to develop and implement Community Health and Safety Guidelines, Mine Operation and decommissioning Guidelines, Occupational Health and Safety Guidelines and relevant plans necessary for investment sustainability.
Richflood project screening for EHS could consider Water Quality and Availability, Structural Safety of Project Infrastructure, Life and Fire Safety (L&FS), Traffic Safety, Transport of Hazardous Materials, Disease Prevention, Emergency Preparedness and Response, Biological Hazards, Radiological Hazards and determination of Special Hazard Environments.
For general infrastructure investment projects, Richflood provides Environmental and Social Governance services by screening performance levels and providing measures that are generally considered to be achievable in new facilities recommending innovative and sustainable technologies.
We assist investors to set site-specific targets, including carbon targets, carbon offset goals and appropriate timelines for achieving them adopting Environmental Health and Safety (EHS) standard guidelines for the sector.
