Environmental and Social Impact Assessment (ESIA)

At PGM Nigeria Limited, we recognize the significance of thorough Environmental and Social Impact Assessment (ESIA) as a fundamental step in our commitment to sustainable and responsible business practices. ESIA serves as a comprehensive tool for identifying and managing potential environmental and social impacts associated with our projects, ensuring that our operations align with the highest standards of environmental stewardship and social responsibility.

Understanding the ESIA Process:

1. Scoping:
The ESIA process begins with scoping, where we define the boundaries and key elements of the assessment. This involves identifying potential environmental and social impacts, determining the scope of the assessment, and engaging with stakeholders to gather valuable input.

2. Baseline Studies:
In-depth baseline studies are conducted to establish the existing environmental and social conditions in the project area. These studies provide a foundation for evaluating changes that may occur due to the proposed project, including impacts on air and water quality, biodiversity, and socio-economic factors.

3. Impact Assessment:
PGM Nigeria Limited conducts a thorough impact assessment, evaluating potential positive and negative effects of the project on the environment and local communities. This includes assessing direct and indirect impacts, cumulative effects, and potential mitigation measures.

4. Stakeholder Engagement:
We actively engage with stakeholders, including local communities, regulatory authorities, and non-governmental organizations, throughout the ESIA process. Stakeholder input is crucial in understanding concerns, gathering local knowledge, and incorporating diverse perspectives into the assessment.

Implementation of Mitigation Measures:

Upon completion of the ESIA, PGM Nigeria Limited is committed to implementing effective mitigation measures to minimize adverse impacts and enhance positive outcomes. This involves:

• Environmental Management Plans (EMP): Developing and implementing plans to manage and mitigate environmental impacts.
• Social Management Plans (SMP): Outlining strategies for addressing social impacts, promoting community engagement, and ensuring fair and inclusive practices.
• Monitoring and Reporting: Establishing monitoring programs to track the effectiveness of mitigation measures and regularly reporting progress to stakeholders.

Conclusion:
The preparation and implementation of Environmental and Social Impact Assessment at PGM Nigeria Limited exemplify our commitment to responsible project development. Through a transparent and inclusive process, we aim to create positive impacts while minimizing our environmental footprint and promoting social well-being.