Evolution Mining Ltd.
Industry Group: Precious Metals
Country/Region: Australia
Identifier: ASX:EVN
Evolution Mining is an Australian-based gold miner. It sold around 720,000 ounces of gold in fiscal 2024 from six wholly or majority owned mines in Australia and Canada. Formed in 2011 via the merger of Conquest Mining and Catalpa Resources and the purchase of Newcrest Mining’s Mt Rawdon and Cracow mines, Evolution has acquired more mines and sold the generally less attractive, higher-cost mines. Cowal and Mungari were purchased in 2015, with an initial interest in Glencore’s Ernest Henry mine following in 2016, Red Lake in Canada in 2020, the rest of Ernest Henry in 2022 and an 80% stake in the Northparkes copper and gold mine in December 2023. It had roughly 15 years of gold reserves at the end of December 2023.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Precious Metals 31 out of 107
Universe
Global Universe 9101 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Evolution Mining Ltd. |
27.4
Medium
|
31 out of 107 |
Harmony Gold Mining Co. Ltd. |
32.9
High
|
61 out of 107 |
Alamos Gold, Inc. |
35.1
High
|
65 out of 107 |
Zhaojin Mining Industry Co., Ltd. |
47.6
Severe
|
91 out of 107 |
Shanjin International Gold Co., Ltd. |
58.8
Severe
|
106 out of 107 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Evolution Mining Ltd.'s Exposure is High
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Evolution Mining Ltd.'s Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for Evolution Mining Ltd.
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What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Evolution Mining Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level