ESG Consultant Appointed to Map Sustainability Pathway for AVL

Globally recognised consultancy Advisian to undertake Environmental, Social and Governance gap analysis for AVL as part of its Bankable Feasibility Study

• Environmental, Social and Governance (ESG) consultancy appointed
• Global consultancy Advisian to undertake gap analysis as part of Bankable Feasibility Study (BFS)
• AVL has a existing strong focus on ESG areas such as:
  • Green hydrogen strategy for emission reduction
  • Renewable energy focused subsidiary VSUN Energy
  • Active community engagement in areas of planned operations in the Mid West Region
• AVL’s ESG roadmap to be outlined effectively for investors
• Outcomes will inform the development of a detailed plan for AVL to operate in a sustainable and ethical manner as it moves towards production of vanadium from the Australian Vanadium Project
• ESG goals are high on the agenda of investors globally and include:
  • Scope 1 emissions reduction
  • Ethical and good governance business practices
  • Social and environmental responsibility for local communities
• Final roadmap recommendations will be incorporated into the BFS implementation plan
• Vanadium as a critical, steel and battery metal is a strong contributor to global emission reduction and sustainable use of metals