Annual Reporting

Our first full year of operations will be calendar year 2022, and therefore our first Annual Report representing a full year of operations will be issued in early 2023.

The Impossible Metals Annual Report will contain the following information:

Governance

  • Governance structures, including the report of the Board of Directors;
  • Summary of bonuses and incentives paid to employees, including Leadership Team members, and the metrics used to measure performance;
  • Composition and representation of the Board of Directors;
  • List of Impossible Metals policies and confirmation of annual review process for all policies;
  • Summary of governance risks, and management strategies currently in place to manage those risks;
  • Statement of the independent auditor in relation to company financials, endorsed by the Board of Directors;

Environmental Performance

  • Energy use and efficiency measures implemented, including performance against stated targets;
  • Water use and efficiency measures implemented, including performance against stated targets;
  • Information regarding emissions from our facilities (if any), including performance against stated targets;
  • Waste minimization and recycling measures, including performance against stated targets;
  • Summary of the measures in place (or planned) for our facilities to meet the requirements of accredited green building programs;
  • Summary of Board oversight of environmental performance against stated targets;
  • Summary of the most significant environmental risks, and management strategies currently in place to manage those risks;
  • Summary of environmental incidents and/or complaints, and measure taken to both address those complaints and any underlying causes;

Social Performance

  • Summary of the most significant social and community risks, and management strategies currently in place to manage those risks;
  • Summary of independent contractor and supplier practices, including the extent of auditing and oversight of supply chain and contractor parties, with performance against stated governance, social and environmental targets;
  • Summary of stakeholder engagement undertaken in accordance with the Stakeholder Engagement Plan, and measures taken to address stakeholder concerns;
  • Summary of Board oversight of social performance against stated targets;
  • Summary of social incidents and/or complaints, and measure taken to both address those complaints and any underlying causes;
  • Summary of demographics of employees and contractors, including performance against targets in relation to gender and cultural diversity, and pay equality;
  • Summary of internal and (where relevant) external auditing of labor conditions and employee benefits according to relevant best practice guidelines and the legislative framework(s) in which we operate;
  • Summary of employee satisfaction surveys, including reporting of any trends, attrition rates and performance against targets in relation to employee satisfaction;
  • Summary of in-kind or financial contributions to social, environmental and corporate citizenship programs, including disclosure of organizations and/or institutions supported;

Technical & Strategic Performance

  • Summary of the progress towards technical and strategic milestones;
  • Summary of the progress of engineering design and construction in accordance with the Environmental Basis of Design, including summary of the aspects of engineering developed to specifically meet environmental or social targets, including those related to end-of-life product/component reclamation;
  • Summary of our performance in relation to our public benefit statement – “to deliver responsibly mined and processed battery metals to the market in a manner which promotes sustainability, transparency, and accountability and to render a public benefit by acceleration of the world’s transition to sustainable energy to mitigate the climate crisis”.

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