Kenmare Resources sets up sustainability committee
Kenmare Resources (CDI)
352.00p
08:44 08/11/24
Titanium minerals and zircon producer Kenmare Resources, which operates the Moma Titanium Minerals Mine in northern Mozambique, announced on Thursday that its board had approved the establishment of a sustainability committee.
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The London-listed firm said the sustainability committee would be chaired by Elizabeth Headon, a non-executive director, with fellow non-executive directors Clever Fonseca, Graham Martin and Tim Keating as the other members.
Following her appointment as chair of the sustainability committee, Headon would stand down from her roles on the remuneration committee and the nomination committee.
Other committee membership was unchanged, although the name of the audit committee had been changed to the audit and risk committee.
The board said the changes were taking effect immediately.
“Kenmare is committed to being a responsible corporate citizen and in line with best practice environmental, social and governance standards, we are pleased to establish a sustainability committee,” said the company’s chairman Steven McTiernan.
“The committee will have responsibility for ensuring that Kenmare has the appropriate strategies, policies and operational controls in place to maintain a socially responsible business and that a positive and sustainable legacy remains beyond the lives of our mining operations.”