LAND AND BIODIVERSITY

Value and protect land and biodiversity by limiting impacts and restoring resources

Land and biodiversity are finite resources, which are impacted by coal mining operations. Our activities are directed at reducing damage to soil, land, landscapes, biodiversity and natural habitats.

Value Creation

  • Applying good principles and practices during and after mining operations can significantly reduce the impacts of coal mining.
  • By setting and managing targets around waste recycling, concurrent rehabilitation and soil contamination we reduce impacts and minimise financial and natural capital liabilities associated with final rehabilitation.
  • Financial provisions for rehabilitation are a material issue that require ongoing revaluation and management.

WATER AND AIR

Value and protect water resources and air quality
 Water is an essential natural capital input in the Wescoal business model and a scarce natural resource for South Africa. Coal mining dust can degrade air quality in areas surrounding the mines causing damage to crops, vegetation workers and communities. We are committed to reducing relative water consumption, maximining reuse and preventing water and air pollution and water contamination from operations.

Value Creation

  • Wescoal has water conservation and demand management plans in place, which are underpinned by financial budgets.
  • Measuring and managing Scope 3 emissions from water consumption will help us to manage volumes as will the tracking of relative use of water, against coal production volumes.
  • We make it our business to drive excellence in practices that are aimed at avoiding water contamination, such as mine water effluent and seepage, and pollution control dam capacity management and maintenance. This requires the allocation of budgets for proactive interventions and the tracking of critical incidents such as pollution pools and PC dam failures.
  • Dust suppression practices are standard in our operations and dust fallout rates are continuously monitored and managed.

ENERGY

Play a leadership role in our economy by using and promoting efficient, reliable, and sustainable energy resources

The business of coal mining requires significant energy inputs. Grid electricity is the predominant source of energy for Wescoal with diesel fuel making up the balance. Energy efficiency and carbon emissions are important management issues for Wescoal, particularly as we look towards a responsible, leadership role in the industry. Globally, investments in (and consumption of) coal-based energy are in decline and we are taking steps to position the company for diversified opportunities that may emerge, through our partnerships and business model.

Value Creation

  • Wescoal’s energy management plan is a business priority.
  • We are reducing relative energy consumption by driving good practices and efficiency projects.
  • Projects are aimed at optimizing our energy mix (e.g. replacing diesel for electricity) or using introducing technology (e.g. diesel additives and local battery storage solutions).
  • Our GHG reporting activities help us to track and reduce energy consumption in operations (Scope 1 and 2)
  • We believe that by continuously developing and sharing Wescoal’s position on the future of energy in South Africa, we can lead discussions, collaborate and maintain our relevance for investors and other key stakeholders.

CARBON

Play an important industry leadership role in South Africa’s transformation to a low carbon growth economy

Climate change is a serious issue for our planet and coal-based energy is a significant contributor to current CO2 emissions levels and global warming. As a coal mining company, Wescoal acknowledges that it has a leadership role to play, both in terms of limiting emissions from operations and in terms of influencing and collaborating towards a low carbon growth economy.

Value Creation

  • Wescoal is measuring and reporting on Scope 1 and Scope 2 emissions and is in the process of developing a carbon and climate change strategy, which will include position statements on climate change and Scope 3 emissions.
  • Our role starts with a commitment to reducing carbon emissions from operations and setting targets that are aligned with global and national expectations around sustainable development.
  • Our climate change strategy will incorporate specific information around commitments to external benchmarks and initiatives, such as science-based targets or TCFD undertakings. It will include a framework for emissions reductions and offsets and will detail our approach to building climate resilience for our operations and our communities.
  • Our climate change position paper will be a living document that updates stakeholders on our medium and long-term strategy, our plans and activities to influence and collaborate around a low carbon growth economy