Our Strategy
Measuring What Matters
At Geo40, corporate responsibility is integrated into the way we operate, innovate, and grow.
Our Environmental, Social and Governance (ESG) framework helps us measure performance, identify opportunities for improvement, and ensure we create long-term value for our stakeholders.
Since commencing formal ESG reporting in 2021 with Socialsuite, we have progressively expanded and refined our measurement framework as our business has grown and matured.
Today, we report against 13 metrics drawn from the World Economic Forum's Stakeholder Capitalism Metrics framework. These metrics are aligned with the United Nations Sustainable Development Goals and provide a globally recognised basis for measuring sustainable business performance.
Our ESG Framework
Our reporting framework is organised across four key pillars:
People
We seek to create a safe, inclusive and rewarding workplace while supporting the wellbeing and development of our people.
Planet
Our technologies exist to improve environmental outcomes. We measure and manage our environmental footprint while enabling geothermal operators to recover valuable minerals, reduce waste streams and improve resource efficiency.
Prosperity
We create value through innovation, responsible growth and the development of technologies that support the transition to a lower-carbon future.
Governance
Strong governance underpins our business. We are committed to ethical conduct, transparency, accountability and effective stakeholder engagement.
Measuring Our Progress
Our ESG programme has evolved from an initial set of leading indicators to a broader framework that reflects the maturity of our business and the expectations of our stakeholders.
The 13 metrics we currently report against provide meaningful coverage across our four ESG pillars and allow us to monitor performance, track progress over time, and identify opportunities for continuous improvement.
We publish our ESG performance annually and use the insights gained to guide decision-making across our business.
Continuous Improvement
ESG is not a static exercise. As Geo40 grows, we continue to review our priorities, reporting practices and performance indicators to ensure they remain relevant to our business, our stakeholders and the communities in which we operate.
Through responsible mineral recovery, innovation, and strong partnerships, we are committed to delivering positive environmental, social, and economic outcomes for future generations.
