NextSource Materials Inc - ESG Rating & Company Profile powered by AI
This ESG rating includes seventeen UN Sustainable Development Goals including: 'Quality Education', 'Decent Work & Economic Growth' and 'Peace, Justice & Strong Institutions'. The report of NextSource Materials Inc was prepared by All Street Sevva using proprietary Cognitive Robots. This page displays a zero-cost Sustainability report for NextSource Materials Inc.
NextSource Materials Inc in the Diversified Mining industry gained a UN SDG ESG Transparency Score of 5.2; made up of an environmental score of 6.7, social score of 4.8 and governance score of 4.0.
5.2
Medium ImpactEnvironmental
Social
Governance
Peer Group Comparison
| Rank | Company | SDG Transparency Score ⓘ | Performance |
|---|---|---|---|
| 1 | Caspin Resources Ltd | 8.0 | High |
| 1 | Ardiden Ltd | 8.0 | High |
| 118 | Turmalina Metals Corp | 5.3 | High |
| 118 | Trek Metals Ltd | 5.3 | High |
| 159 | NextSource Materials Inc | 5.2 | High |
| 159 | Kin Mining NL | 5.2 | High |
| 159 | Walkabout Resources Ltd | 5.2 | High |
| ... | ... | ... | |
| 505 | Witwatersrand Consolidated Gold Resources Ltd | 0.0 | Low |
| 505 | Zinc One Resources Inc | 0.0 | Low |
| ... | ... | ... |
Frequently Asked Questions
Does NextSource Materials Inc have an accelerator or VC vehicle to help deliver innovation?
Does NextSource Materials Inc disclose current and historical energy intensity?
Does NextSource Materials Inc report the average age of the workforce?
Does NextSource Materials Inc reference operational or capital allocation in relation to climate change?
Does NextSource Materials Inc disclose its ethnicity pay gap?
Does NextSource Materials Inc disclose cybersecurity risks?
Does NextSource Materials Inc use carbon offsets or credits exclusively for residual emissions (typically less than ~0.5–5% of total emissions)?
Does NextSource Materials Inc offer flexible work?
Does NextSource Materials Inc have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?
Does NextSource Materials Inc disclose the number of employees in R&D functions?
Does NextSource Materials Inc plan to change its portfolio composition to lower the emissions intensity of its energy mix (e.g., by shifting from oil to gas, or by adding lower-carbon options like hydrogen, e-fuels, bioenergy, etc.)?
Does NextSource Materials Inc conduct supply chain audits?
Does NextSource Materials Inc disclose incidents of non-compliance in relation to the health and safety impacts of products and services?
Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')
Does NextSource Materials Inc conduct 360 degree staff reviews?
Does NextSource Materials Inc disclose the individual responsible for D&I?
Does NextSource Materials Inc disclose current and historical air emissions?
Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')
Is executive remuneration linked to climate performance?
Does the Board describe its role in the oversight of climate-related risks and opportunities?
Does NextSource Materials Inc disclose current and / or historical scope 2 emissions?
Does NextSource Materials Inc disclose water use targets?
Does NextSource Materials Inc have careers partnerships with academic institutions?
Did NextSource Materials Inc have a product recall in the last two years?
Does NextSource Materials Inc disclose incidents of discrimination?
Does NextSource Materials Inc allow for Work Councils/Collective Agreements to be formed?
Has NextSource Materials Inc issued a profit warning in the past 24 months?
Does NextSource Materials Inc disclose parental leave metrics?
Does NextSource Materials Inc disclose climate scenario or pathway analysis?
Does NextSource Materials Inc disclose current and / or historical scope 1 emissions?
Does NextSource Materials Inc explicitly state that carbon offsets or credits are separate from its emissions-reduction progress or that they are not counted toward its emissions-reduction targets?
Are Operating Expesnses linked to emissions reduction?
Does NextSource Materials Inc disclose the pay ratio of women to men?
Does NextSource Materials Inc support suppliers with sustainability related research and development?
Does NextSource Materials Inc disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?
Does NextSource Materials Inc reflect climate-related risks in its financial statements?
Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')
Is NextSource Materials Inc involved in embryonic stem cell research?
Does NextSource Materials Inc disclose GHG and Air Emissions intensity?
Does NextSource Materials Inc disclose its waste policy?
Does NextSource Materials Inc report according to TCFD requirements?
Does NextSource Materials Inc plan to mitigate emissions from future new production assets through measures such as electrifying equipment, carbon capture and storage, repurposing waste gas, methane leak detection and repair, eliminating flaring, etc.?
Does NextSource Materials Inc disclose its policies for bribery, corruption, whistle-blower, conflict of interest?
Does NextSource Materials Inc disclose energy use targets?
Does NextSource Materials Inc disclose its Renewable Energy targets?
Are emissions metrics verified by STBi?
Does NextSource Materials Inc have a policy relating to cyber security?
Potential Risks for NextSource Materials Inc
These potential risks are based on the size, segment and geographies of the company.
NextSource Materials Inc. acquires, explores for, and develops mineral properties in Madagascar and Canada. The company primarily explores for graphite and vanadium deposits. Its flagship property is the 100% owned Molo graphite mine project covering an area of 425 square kilometers located in the Southern Madagascar Region, Madagascar. The company was formerly known as Energizer Resources Inc. and changed its name to NextSource Materials Inc. in April 2017. NextSource Materials Inc. was founded in 2004 and is headquartered in Toronto, Canada.