VAALCO Energy is a Houston, U.S.-based, independent energy company with production, development and exploration assets in Africa and Canada. Buchanan provides ESG advisory to VAALCO. This year we supported the company to develop its approach to managing climate risk. We also created an ESG materiality framework to provide a gap analysis of ESG management and to inform the reporting process. The framework plotted material topics informed by the Global Reporting Initiative (GRI) and Sustainability Accounting Standards Board (SASB). Each of topic was assessed based upon the perceived level of risk to the business and the level of management control in place.
We were engaged once again to deliver VAALCO’s ESG Report. This document builds upon the foundations set in the 2021 report, expanding the disclosure to provide greater detail on the Company’s rigorous ESG management processes. The reporting in line with the Task Force on Climate-related Financial Disclosures (TCFD) was further developed, including conducting a scenario analysis which considered the new asset locations following VAALCO’s merger with TransGlobe.
Click here to read the ESG report
Adriatic Metals is a fully-funded development and exploration company operating in Bosnia. The company engaged Buchanan to support the delivery of its first Sustainability Report. Buchanan worked closely with individuals from across the Company to produce a report that illustrates the company’s strong commitment to Bosnia, its workforce, and the environment.
The report was prepared in accordance with key standards and frameworks including the Task Force on Climate-Related Financial Disclosures, Sustainability Accounting Standards Board, and International Council on Metals & Mining frameworks. The report illustrates the company’s commitment to community engagement, social and environmental performance, and its vision for the future as a sustainable, multi-asset metals producer.
“As the head of sustainability at a mining company, I just had the pleasure of working with Buchanan Communications Ltd on our first sustainability report. Buchanan’s team demonstrated a high level of professionalism, expertise, and commitment to sustainability from the initial consultation to the final report delivery. They were able to work seamlessly with our team, while providing invaluable guidance and recommendations that improved the quality of our report. In addition to providing practical solutions and strategies, they helped us identify material sustainability issues that were relevant to our business and stakeholders. All in all, Buchanan is a great option for any organisation that wants to create a high-quality sustainability report based on its commitment to sustainability.”
Vildana Mahmutovic, Head of Sustainability, Adriatic Metals plc
Click here to read the sustainability report
Buchanan’s ESG Team has worked with Blancco Technology Group over the past three years, supporting the Group to develop its sustainability programme, identify key metrics to measure performance, and articulate its impact story. As the industry standard in data erasure, Blancco’s products facilitate the secure erasure of electronic devices, negating the need for physical destruction and allowing hardware to have a second life. It was important that we communicate this positive environmental impact, whilst also presenting the Group’s strong internal management of ESG.
This month, Blancco published its 2022 ESG Report, building on its impact narrative and demonstrating improved management of ESG risk and opportunity through their performance analysis. The Group achieved carbon neutrality this year and set its first decarbonisation targets; we used the TCFD to map out the governance framework, strategy, and risk management in place to progress the Group on its journey to net zero, including conducting climate scenario analysis.
In September, Norge Mining published their Responsible Business Report for 2021 titled ‘Creating a Positive Legacy’. During this process, Buchanan provided consultancy, copywriting and strategy development to help Norge seize the opportunities presented by specific ESG issues.
Norge is focused on three EU Critical Raw Materials – phosphate, vanadium and titanium. These materials are of major strategic importance to Europe with an urgent requirement to produce them to ensure the security of supply and to meet ESG agendas in which companies are focusing on the provenance of materials to ensure they are ethically and sustainably sourced.
To deliver its plans to move from exploration into development and production, Norge is committed to the highest standards of responsible stewardship. Alignment with international sustainability programmes and disclosure guidance is central to the Company’s strategy for becoming a robust and responsible mining and processing business.
This is the second Report published by Norge outlining the significant progress achieved during 2021 across the Company but particularly from the perspective of sustainability.
Click here to read this report.
Redde Northgate has published its inaugural Sustainability Report. To understand ESG management across the merged Group and articulate a cohesive story, we needed to work with subject matter experts from across all areas of the business. Buchanan developed a robust ESG framework that outlined the material issues, objectives, and approach in each area of E, S and G.
As a fleet management company that is beginning the transition to electric vehicles (EV), it was also important to communicate the Group’s strong Drive to Zero story. We utilised the recommendations of the TCFD as a framework to demonstrate how the Group is taking a considered approach that will result in a holistic EV offering for its customers, as well as the efforts being undertaken to reduce its own carbon footprint.
The report encompasses performance and initiatives from across the Group, whilst also evidencing the standardisation of policies and formation of Group-level functions, and it was aligned to global ESG frameworks.
Click here to read this report.
Buchanan’s ESG Team recently produced Rank Group’s inaugural Sustainability Report. Back in January, we developed and designed the Group’s first interim Responsible Business Report, which set out the ESG strategy and key areas of focus that we established. This work was also supported by the in-depth Materiality Assessment we conducted for the Group, engaging with a range of external and internal stakeholders to understand the most pertinent ESG issues for Rank and the key risks and opportunities that are faced in different areas of the business.
This full-year Sustainability Report represents the Group’s efforts over the course the year and builds upon the framework outlined in the interim report, including tracking performance in each of the focus areas. We also disclosed in line with the recommendations of the TCFD and referenced SASB and GRI.
Click here to read the report.
Following Seraphine’s IPO on the London Stock Exchange, we partnered with them to create a compelling maiden annual report, capturing the purpose at the heart of this international maternity retailer.
Working closely with Lee Williams, Seraphine’s CFO and Chelsey Oliver, Creative and Brand Director (the mum behind the brand), the Buchanan team put together a comprehensive document which brings Seraphine’s heritage and insightful design approach to the fore.
Through the use of bold product imagery, the report demonstrates the Group’s commitment to creating innovative, versatile, sustainable maternity and nursing wear.
Click here to read the report
Buchanan’s Design Team is pleased to announce the launch of its inaugural Annual Report for Velocys, the sustainable fuels technology company. Working closely with Lak Siriwardene, Velocys’ Director of Communications & Sustainability, Buchanan’s team put together a new layout and design that helped bring Velocys’ innovative technology to the fore and convey the Company’s ability to enable the production of commercial scale sustainable aviation fuel.
Click here to read the report.
We’re delighted to have supported Watkin Jones in the development of their integrated annual report for which they won the Small Cap Sustainability Reporting award from IR Magazine. Building on their Future Foundations ESG strategy that sits at the heart of everything they do, the award reflects the skill of their team in producing clear investor-facing communications about ESG issues.
For two consecutive years, Buchanan has provided ESG consultancy to Watkin Jones. We carried out interviews with senior management to understand shifts in the areas that matter most to the Company and provided advisory to the ESG steering committee.
Watkin Jones is the UK’s leading developer and manager of residential for rent, with a focus on the build to rent (‘BtR’) and student accommodation sectors.
We are pleased with their progress over the past two years, including their recent launch of ESG targets. These targets focused on three key pillars of future people, future places and future planet.