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Proactive Investors China - The web's leading portal for China stocks - FYI Resources adopts global ESG reporting standards for HPA asset


2021-06-07
by Proactive Australia
FYI Resources Ltd (ASX:FYI)(OTCMKTS:FYIRF)(FSE:SDL) has adopted an environmental, social and governance (ESG) framework in a bid to improve shareholder outcomes from its kaolin and high purity alumina (HPA) assets.
The industrial resources developer's WA-based operations, including the Cadoux Kaolin Project and a HPA processing centre in Kwinana, will now fall under global ESG reporting standards and an economic overlay.
Overall, the World Economic Forum has created 21 core metrics and disclosure requirements that form the global ESG standards, which FYI will report on and align with as it implements ESG policies within its organisation.

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