Soma Gold CorpSoma Gold Corp - ESG Rating & Company Profile powered by AI

Industry Group:Gold

This ESG rating includes seventeen United Nations SDGs including: 'Gender Equality', 'Sustainable Cities & Communities' and 'Life below Water'. This page is a zero-cost Sustainability assessment for Soma Gold Corp. Jump to the end of the page for potential risks for Soma Gold Corp based on sector, geography and marketcap.

Soma Gold Corp in the Gold industry gained a UN SDG ESG Transparency Score of 6.4; made up of an environmental score of 8.0, social score of 6.0 and governance score of 5.3.

SDG Transparency Score for Soma Gold Corp 
Low
0 - 3

6.4

Medium Impact
4 - 6
High
7 - 10
Last Score Update: 2023-07-01
What drives the score for Soma Gold Corp 
8.0

Environmental

6.0

Social

5.3

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
1Newmont Corporation
9.2
High
2Gold Fields Ltd
8.8
High
236Vista Gold Corp
6.5
High
236Yamana Gold Inc
6.5
High
250Soma Gold Corp
6.4
High
250Alamos Gold Inc
6.4
High
250Igo Windward Pty Ltd
6.4
High
.........
866ZYQC Group Holding Ltd
0.0
Low
866Zamanco Minerals Ltd
0.0
Low
.........
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Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

Does Soma Gold Corp have an accelerator or VC vehicle to help deliver innovation?

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Does Soma Gold Corp disclose current and historical energy intensity?

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Does Soma Gold Corp report the average age of the workforce?

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Does Soma Gold Corp reference operational or capital allocation in relation to climate change?

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Does Soma Gold Corp disclose its ethnicity pay gap?

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Does Soma Gold Corp disclose cybersecurity risks?

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Does Soma Gold Corp offer flexible work?

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Does Soma Gold Corp have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does Soma Gold Corp disclose the number of employees in R&D functions?

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Does Soma Gold Corp conduct supply chain audits?

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Does Soma Gold Corp 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 Soma Gold Corp conduct 360 degree staff reviews?

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Does Soma Gold Corp disclose the individual responsible for D&I?

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Does Soma Gold Corp 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 Soma Gold Corp disclose current and / or historical scope 2 emissions?

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Does Soma Gold Corp disclose water use targets?

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Does Soma Gold Corp have careers partnerships with academic institutions?

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Did Soma Gold Corp have a product recall in the last two years?

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Does Soma Gold Corp disclose incidents of discrimination?

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Does Soma Gold Corp allow for Work Councils/Collective Agreements to be formed?

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Has Soma Gold Corp issued a profit warning in the past 24 months?

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Does Soma Gold Corp disclose parental leave metrics?

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Does Soma Gold Corp disclose climate scenario or pathway analysis?

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Does Soma Gold Corp disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does Soma Gold Corp disclose the pay ratio of women to men?

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Does Soma Gold Corp support suppliers with sustainability related research and development?

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Does Soma Gold Corp disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?

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Does Soma Gold Corp 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 Soma Gold Corp involved in embryonic stem cell research?

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Does Soma Gold Corp disclose GHG and Air Emissions intensity?

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Does Soma Gold Corp disclose its waste policy?

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Does Soma Gold Corp report according to TCFD requirements?

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Does Soma Gold Corp disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does Soma Gold Corp disclose energy use targets?

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Does Soma Gold Corp disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does Soma Gold Corp have a policy relating to cyber security?

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Potential Risks for Soma Gold Corp
These potential risks are based on the size, segment and geographies of the company.

Soma Gold Corp., a junior gold mining company, engages in the acquisition, exploration, and development of mineral properties in South America. It holds a 100% interest in the Zara exploration properties covering an area of approximately 29,000 hectares located in Antioquia, Colombia; the El Limon gold mine located in Colombia; and El Bagre gold mining complex located in the Antioquia, Colombia. It also holds interest in the Nechí Gold project located in Antioquia, Colombia. The company was formerly known as Para Resources Inc. and changed its name to Soma Gold Corp. in May 2020. Soma Gold Corp. is headquartered in Vancouver, Canada.

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