OUR ESG POLICY

POLICY

Metalex Commodities Inc. Environmental, Social & Governance Policies

Introduction

As a responsible mining & production company operating in Africa, we are committed to promoting environmental, social, and governance (ESG) practices which align with our mission and values. This policy sets out the principles and guidelines that we will follow to ensure that our business operations and decisions are sustainable, socially responsible, and ethically sound.

1. Environment Policy

1.1 Carbon Emissions Management

Comply with all relevant environmental regulations and laws.
Offset emissions that cannot be reduced by investing in environmental projects.
Implement an Environmental Management System (EMS) to monitor and improve performance.
Regularly publish carbon data for transparency.
Minimize energy consumption through energy-efficient technologies.

1.2 Water Usage Management

Implement water conservation measures, including recycling and reuse.
Monitor and manage water quality to prevent pollution.

1.3 Waste Management

Reduce waste through improved efficiency.
Recycle and properly dispose of hazardous waste materials.
Encourage suppliers and contractors to adopt sustainable practices.

2. Social Policy

2.1 Employee Welfare

Provide a safe and healthy working environment.
Respect employee rights, including freedom of association.
Ensure fair wages and benefits meeting or exceeding standards.

2.2 Community Engagement

Engage with communities to understand needs and concerns.
Invest in education, healthcare, and infrastructure.
Respect cultural heritage and traditions of host communities.

3. Governance Policy

3.1 Anti-Corruption

Prohibit bribery, corruption, and unethical practices.
Implement a whistleblower policy for reporting unethical behavior.

3.2 Transparency

Regularly disclose ESG performance data to stakeholders.
Maintain open communication with stakeholders about operations.