Environment, Social and Governance

Environment

Positive Climate action: Savannah's lithium could help to remove millions of tonnes of CO2 from the EU transport sector
Impact mitigation: The EIA features a host of individual measures to eliminate, mitigate, or minimise impacts
Air quality: Active dust suppression including spraying unpaved roads. Decarbonisation strategy initiated targeting net-zero Scope 1 & 2 carbon emissions over the life of the Project

Water usage: Project to be self-sufficient through on-site water harvesting and storage, & wastewater recycling
Smart Project design: Impact of transport, noise, light and dust emission minimised

Social

Committed to sharing the socio-economic benefits the Project can bring with local communities
The Barroso Lithium Project is expected to create 200+ long-term direct jobs
Preference for sourcing from local suppliers could create hundreds of additional indirect jobs too

Project Information Centres opened in local communities
Sponsorship of local cultural and sporting events & teams
Donations to local firefighting service (forest fire mitigation)
Repairs made to local housing stock

Governance

As a UK Plc listed on the AIM market of the London Stock Exchange, transparency is obtained on a similar basis for all shareholders as the Company adheres to all reporting requirements

Adheres to QCA Corporate Governance Code
Directors’ interests are aligned with the shareholders as they have invested nearly £10m cash in the company and have shareholdings totaling 19%