Camino Adopts Environmental and Social Governance Reporting Initiative with Digbee Ltd.
Camino Adopts Environmental and Social Governance Reporting
Initiative with Digbee Ltd.
VANCOUVER, BC / ACCESSWIRE / September 20, 2021 / Camino Corp.
(TSXV:COR)(OTC PINK:CAMZF)(WKN:A116E1) ("Camino" or the "Company") is pleased
to announce the completion of its Environmental and Social Governance (ESG) disclosure
submission with Digbee Ltd. (Digbee). Digbee, a United Kingdom based company, is a new
mining-focused expert network and ESG disclosure platform with a goal to provide improved
disclosure and better access to capital markets for mining companies involved with strong ESG
practices. Digbee has been endorsed by leading financial firms who support the Digbee ESG
initiative such as Blackrock, BMO, and Dundee Corporation.
"Taking a leadership role in developing a strong ESG strategy is important to advance our
current portfolio of copper assets, and to support our corporate development efforts to build a
larger and successful copper business. We view having a strong ESG strategy as a competitive
advantage, and personally, a rewarding aspect of our business," said Jay Chmelauskas, Camino
President & CEO. "Copper is the enabling metal for sustainable electrified businesses and
renewable energy. Thus, when copper mining is implemented with state-of-art practices, it forms
a key part of our sustainable economy."
Figure 1. Financial Groups Partnered with Digbee's Platform
Jamie Strauss, Digbee CEO, commented, "There are 100's of billions of dollars of investment
capital looking for sustainable investments. It is becoming very apparent that commodities like
copper and other critical metals are part of a necessary supply chain to transition the world from
fossil fuels. Part of Digbee's goal is to connect capital markets to best in practice metals miners
through a credible means to track real ESG. We are pleased to have Camino become an early
adopter with Digbee."
Camino is part of a select group of mining companies participating in this inaugural reporting
cycle. The platform enables mining companies to evaluate positive initiatives and provides a
standardized framework on which to build and improve ESG practices. Camino is committed to
its continued efforts to be a leader in ESG implementation for mining explorers and to establish a
transparent reporting framework.
Digbee's reporting framework is aligned with global standards, including the Equator Principles,
which provide a framework for financial institutions to assess environmental and social risks in
projects. Digbee's ESG framework currently maps to the following Global Standards:
Figure 2. Digbee ESG Framework maps to global standards
About Digbee Ltd.
Digbee has partnered with leaders in the ESG world to develop a right-sized, future-looking and
industry endorsed set of frameworks for all stages of mining companies to assess and disclose
their ESG metrics while ensuring best practice. This impact-based approach has recognised over
25 initiatives and reporting frameworks, is practical and addresses real risk. The questionnaire is
accompanied with clear rationale and guidance. Submitted annually, through a Board Approval
process, Digbee ESG allows comparison to peers, helps management and the Board to integrate
ESG within the company strategy while improving risk management, and will become the
benchmark for engagement with capital providers and other stakeholders.
About Camino Minerals Corporation
Camino is a discovery and development stage copper exploration company. The Company is
focused on advancing its high-grade Los Chapitos copper project located in Peru towards
potential resource delineation and new discoveries. In addition, the company has commenced
field studies at its copper and silver Plata Dorada project. Camino has also recently acquired the
Maria Cecilia copper porphyry project. The Company seeks to acquire a portfolio of advanced
copper assets that have the potential to deliver copper into an electrifying copper intensive global
economy. For more information, please refer to Camino's website at www.caminocorp.com.
ON BEHALF OF THE BOARD
"Jay Chmelauskas"
President and CEO
For further information, please contact:
Camino Investor Relations
Tel: (604) 493-2058
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Cautionary Note Regarding Forward Looking Statements: Certain disclosures in this release
constitute forward-looking information. In making the forward-looking disclosures in this
release, the Company has applied certain factors and assumptions that are based on the
Company's current beliefs as well as assumptions made by and information currently available
to the Company. Forward-looking information in the release includes the prospectivity of future
exploration work on the Los Chapitos projects the ability to complete the necessary permit
requirements for drilling, or that actual results of exploration and engineering activities are
consistent with management's expectations. Although the Company considers these assumptions
to be reasonable based on information currently available to it, they may prove to be incorrect,
and the forward-looking information in this release is subject to numerous risks, uncertainties
and other factors that may cause future results to differ materially from those expressed or
implied in such forward-looking information. Such risk factors include, among others, that
actual results of the Company's exploration activities will be different than those expected by
management, that the Company will be unable to obtain or will experience delays in obtaining
any required approvals and the state of equity and commodity markets. Readers are cautioned
not to place undue reliance on forward-looking statements. The Company does not intend, and
expressly disclaims any intention or obligation to, update or revise any forward-looking
statements whether as a result of new information, future events or otherwise, except as required
by law.
SOURCE: Camino Minerals Corp.