Far Resources LtdFar Resources Ltd - ESG Rating & Company Profile powered by AI

Industry Group:Diversified Mining

The article contains a Q&A table about Far Resources Ltd. The report of Far Resources Ltd leverages intelligence from across the internet and also from public disclosures by Far Resources Ltd. This ESG rating for Far Resources Ltd indicates the company's reporting of the UN Sustainable Development Goals.

Far Resources Ltd in the Diversified Mining industry gained a UN SDG ESG Transparency Score of 4.2; made up of an environmental score of 6.0, social score of 4.0 and governance score of 2.7.

SDG Transparency Score for Far Resources Ltd 
Low
0 - 3

4.2

Medium Impact
4 - 6
High
7 - 10
Last Score Update: 2023-07-01
What drives the score for Far Resources Ltd 
6.0

Environmental

4.0

Social

2.7

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1South32 Ltd
8.9
High
2Sandfire Resources Ltd
8.3
High
268Rockfire Resources PLC
4.4
High
268Thunderstruck Resources Ltd
4.4
High
280Far Resources Ltd
4.2
High
280Alderan Resources Ltd
4.2
High
280Alien Metals Ltd
4.2
High
.........
637Waymar Resources Ltd
0.0
Low
637Wedgemount Resources Corp
0.0
Low
.........
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Peer Companies Benchmark
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Frequently Asked Questions

Does Far Resources Ltd have an accelerator or VC vehicle to help deliver innovation?

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Does Far Resources Ltd disclose current and historical energy intensity?

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Does Far Resources Ltd report the average age of the workforce?

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Does Far Resources Ltd reference operational or capital allocation in relation to climate change?

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Does Far Resources Ltd disclose its ethnicity pay gap?

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Does Far Resources Ltd disclose cybersecurity risks?

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Does Far Resources Ltd offer flexible work?

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Does Far Resources Ltd have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does Far Resources Ltd disclose the number of employees in R&D functions?

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Does Far Resources Ltd conduct supply chain audits?

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Does Far Resources Ltd disclose incidents of non-compliance in relation to the health and safety impacts of products and services?

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Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')

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Does Far Resources Ltd conduct 360 degree staff reviews?

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Does Far Resources Ltd disclose the individual responsible for D&I?

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Does Far Resources Ltd disclose current and historical air emissions?

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Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')

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Is executive remuneration linked to climate performance?

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Does the Board describe its role in the oversight of climate-related risks and opportunities?

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Does Far Resources Ltd disclose current and / or historical scope 2 emissions?

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Does Far Resources Ltd disclose water use targets?

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Does Far Resources Ltd have careers partnerships with academic institutions?

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Did Far Resources Ltd have a product recall in the last two years?

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Does Far Resources Ltd disclose incidents of discrimination?

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Does Far Resources Ltd allow for Work Councils/Collective Agreements to be formed?

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Has Far Resources Ltd issued a profit warning in the past 24 months?

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Does Far Resources Ltd disclose parental leave metrics?

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Does Far Resources Ltd disclose climate scenario or pathway analysis?

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Does Far Resources Ltd disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does Far Resources Ltd disclose the pay ratio of women to men?

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Does Far Resources Ltd support suppliers with sustainability related research and development?

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Does Far Resources Ltd disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?

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Does Far Resources Ltd reflect climate-related risks in its financial statements?

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Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')

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Is Far Resources Ltd involved in embryonic stem cell research?

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Does Far Resources Ltd disclose GHG and Air Emissions intensity?

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Does Far Resources Ltd disclose its waste policy?

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Does Far Resources Ltd report according to TCFD requirements?

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Does Far Resources Ltd disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does Far Resources Ltd disclose energy use targets?

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Does Far Resources Ltd disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does Far Resources Ltd have a policy relating to cyber security?

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Potential Risks for Far Resources Ltd
These potential risks are based on the size, segment and geographies of the company.

Foremost Lithium Resource & Technology Ltd., an exploration company, engages in the identification and development of mineral properties in Canada and the United States. It explores for lithium, silver, and gold properties. The company has 100% interests in the Zoro Lithium project that comprise three contiguous areas/claims with a total area of approximately 3,603 hectares located in Snow Lake, Manitoba; and the Winston property that includes 149 unpatented lode, the Ivanhoe and Emporio patented, and four unpatented mining claims located in Sierra County, New Mexico. It also holds an option agreement to acquire a 100% interest in the Jean Lake lithium-gold project that covers an area of 1002 hectares located to the north of Winnipeg, as well as 90% interests in the Hidden Lake project comprises five contiguous claims covering approximately 1,659.29 hectares located in the Northwest Territories. The company was formerly known as Far Resources Ltd. and changed its name to Foremost Lithium Resource & Technology Ltd. in January 4, 2022. Foremost Lithium Resource & Technology Ltd. was incorporated in 2005 and is headquartered in Vancouver, Canada.

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