"In 2022, we continued to work to further embed ESG across all levels of our business. At the Board of Directors level, we established a new, standalone Sustainability Committee, which will play a key role in overseeing ESG and sustainability matters across the company. We also continued to advance our Board diversity strategy, which establishes a target of 30% female representation on the Board of Directors. During the year, we surpassed this target with 33% female representation on the Board. We also worked in close partnership with PNG Power Limited by making a $1M investment to upgrade the power infrastructure near the mine, increasing power reliability from the electrical grid and helping to further reduce our greenhouse gas emissions.
At K92, we pride ourselves on the significant value we generate for the economy of Papua New Guinea. By December 2022, the number of employees and contractors engaged in our operations increased to 1,477, approximately 94% of whom were Papua New Guinean nationals. We are also very proud of our local education and skills development initiatives, which, in 2022, included a total of 38 tertiary scholarships and 200 graduates from our adult literacy program, 90% of whom were women.”
- CEO and Director, John Lewins