Orion Environmental, Social, and Governance Statement
Orion Resource Partners is committed to Responsible Investment. We do this by engaging with our portfolio companies to promote Responsible Mining. Responsible Mining includes avoiding and mitigating environmental and social risks and providing present and future environmental, social, and economic benefits to stakeholders. Our sustainability process starts at the initial due diligence stage, prior to Investment Committee; and continues as we work towards closing a transaction. We engage with the companies throughout the investment life and strive to support them in improving overall sustainability performance.
To address sustainability proactively, Orion’s mine finance and resource royalty funds have committed to using the International Finance Corporation’s Performance Standards (IFC PS)*. This results in us independently assessing the environmental and social aspects of the projects and mines in which we invest. We rely upon the standards for both our initial assessment of a potential investment and the measure of how we expect portfolio companies to manage their businesses sustainably. As part of our commitment to continual improvement, we strive to enhance our focus on Responsible Investments and Responsible Mining.
Orion has been accepted as a signatory to the United Nations-backed Principles for Responsible Investment (the 'Principles'): a set of principles developed by an international group of institutional investors reflecting the increasing relevance of ESG issues to investment practices. The process was convened by the United Nations Secretary-General.
More information can be found at www.unpri.org/.
*IFC PS are generally required for Orion Mine Finance Fund III Orion Mineral Royalty Fund I investments in non-Designated Countries.