ESG
Our commitment to ESG
ESG sits at the core of everything we do. Our Company’s purpose is to explore and develop high-grade gold resources at Mt Egerton in a responsible and transparent way, embedding strong environmental, social and governance practices from the outset.
We recognise that climate change, social and environmental responsibility are among the most critical challenges of our time. At Black Horse Mining, our focus is on responsible gold exploration and development, with a commitment to minimising our environmental footprint and operating transparently. Through our ESG reporting, we aim to build a strong foundation for accountability, enabling us to track progress, set meaningful goals, and communicate openly with our stakeholders, including investors and the broader community.
ESG Frameworks and Standards
We are in the early stages of developing our ESG reporting approach and are working toward aligning with globally recognised frameworks, including the Global Reporting Initiative (GRI) and the Australian Sustainability Reporting Standards AASB S1 & S2.
Our intention is to adopt a structured and transparent ESG reporting framework that reflects the evolving expectations of our stakeholders, including investors, regulators, and the communities in which we operate.
The interoperability of the GRI Standards provides a valuable foundation to build from — enabling us to progressively align with other frameworks such as the Equator Principles, the UN Global Compact, and the UN Sustainable Development Goals (SDGs).
This approach will support us to identify, manage, and communicate our environmental, social, and governance impacts more effectively as we grow. While we are at the beginning of this journey, our commitment is clear: to embed ESG considerations into our operations and build the capability needed to meet future disclosure expectations with confidence.
Governance
At Black Horse Mining, governance is the foundation of our sustainability approach. We are committed to building robust ESG oversight structures that reflect global best practice and evolving regulatory expectations. As we progress, we will clearly define roles and responsibilities for sustainability across our leadership and board, ensuring ESG considerations are embedded in decision-making and risk management.
Strategy
Sustainability is integrated into the core of our growth strategy. From exploration through to development, our focus is on advancing projects in a way that supports positive environmental and social outcomes. Our approach will evolve as we deepen our understanding of our ESG impacts and opportunities. By aligning our strategic planning with the principles of ASRS and GRI, we aim to ensure that sustainability is not an add-on, but a driver of innovation, stakeholder trust, and long-term resilience.
Risk & Opportunity
We recognise the need to proactively identify, assess, and manage sustainability-related risks and opportunities across our operations and value chain. Our initial desktop materiality assessment provided insights into emerging ESG risks, including climate change, emissions management, health and safety, and social license to operate. As our project matures, we will undertake structured risk assessments that include scenario analysis and climate-related risk mapping. This will help ensure our business is prepared to respond to both challenges and opportunities in a changing regulatory, environmental, and social landscape.
Targets & Metrics
We are at the beginning of our ESG measurement journey. As we build our sustainability framework, we will define baseline data, establish performance metrics, and set meaningful short- and long-term targets across key ESG areas. This will include targets related to emissions, health and safety, community engagement, and governance practices. Our intent is to align our disclosures with ASRS and GRI to ensure that our reporting is transparent, comparable, and decision-useful for stakeholders. Over time, these metrics will be used to track progress, inform strategy, and enable continuous improvement.
Providing Disclosure
We understand the importance to maintain transparency with which the Company operates. It’s important that our stakeholders, communities and investors understand what we’re trying to achieve, and the progress we are making – and that the business as a whole, is involved.
Environment
At Black Horse Mining, we are committed to responsible exploration and development that safeguards the environment and respects the unique natural heritage of our project areas. Our project, the historic Mt Egerton gold mine near Ballarat, sits within one of the most prolific gold-producing zones in the world and is surrounded by diverse ecosystems and significant cultural landscapes.
We recognise that mining and exploration activities must be undertaken with care, accountability, and long-term stewardship. As we advance the Mt Egerton project, our focus is on minimising environmental impact, protecting local biodiversity, and operating in compliance with all relevant environmental regulations and approvals.
We are also committed to ethical supply chain practices. As part of our early ESG roadmap, Black Horse Mining will work to ensure that our operations and procurement processes do not contribute to human rights abuses or the sourcing of conflict-related materials.
Engagement with Traditional Owners and local communities will be a central part of our environmental approach. We are committed to building respectful, transparent relationships and ensuring that environmental and cultural values are considered at every stage of project development.