Our ESG Credentials
Independent ESG Assessment
Ionic Rare Earths is focused on building a global magnet and heavy rare earths mining, refining and recycling circular economy business.
In doing so, sustainable mining practices and business ethics must be upheld and transparently reported upon with a focus on continuous improvement.
Ionic Rare Earths Limited is pleased to announce that it has received an improved overall ESG rating of “BBB” from Digbee ESG™. This improved rating follows Ionic Rare Earths Limited inaugural submission on September 2022 which produced a “BB” ESG rating. This latest result will help Ionic Rare Earths Limited track, compare and enhance its performance along its ESG roadmap.
The improvement from the previous “BB” rating reflects the success of the Environmental, Social and Governance (“ESG”) initiatives implemented by Ionic Rare Earths Limited during the past 12 months.
Our Commitment to the UN Sustainable Development Goals
As part of our effort to build a more resilient and sustainable world for future generations, Ionic Rare Earths intends to apply the Sustainable Development Goals (SDGs) across all operating jurisdictions to drive business culture and action to achieve the aims for Agenda 2030.
In September 2022, Ionic Rare Earths joined the United Nations Global Compact, the World’s largest global sustainability impact initiative.
The Ten Principles consist of the SDGs and fall under the four pillars of human rights, labour standards, environmental protection, and anti-corruption.
Impact through Social Development Programs
Creating a legacy of positive social, economic, and environmental impact for future generations is a core focus for Ionic Rare Earths.
Social benefits continue to accelerate across local communities in the Bugweri, Mayuge, Bugiri and Iganga districts that host the Makuutu Rare Earths Project.
These programs include employment, support and improved social services in one of the poorest parts of Uganda.
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