Nickel Asia exceeds DEI target, strengthens ESG tracking at midterm review

Listed natural resources development company Nickel Asia Corp. (NAC) said it has surpassed its diversity, equity and inclusion (DEI) target and enhanced sustainability tracking systems as it marked the midpoint of its 2030 environmental, social and governance (ESG) agenda.

The company assessed its sustainability performance five years after launching its “Sustainability Journey” in 2021, aligned with the United Nations Sustainable Development Goals (SDGs).

NAC recently convened a hybrid conference involving data owners, resident mine managers, project managers, verifiers and sector heads to review progress across its ESG pillars.

The evaluation used a digital platform that provides a science-based assessment of the company’s sustainability initiatives over the past five years.

“One of NAC’s biggest accomplishments highlighted during this activity is securing accurate data on greenhouse gas emissions accounting, growth of coverage of biodiversity protection in mining areas, and solid waste and energy consumption management, to name a few,” said Anaelle Milano, assistant manager for environment programs.

Milano said the data enables the company to interpret its sustainability performance more effectively, offering insights into both gains and challenges in achieving targets under its sustainability roadmap.

On the social front, NAC reported exceeding its internal DEI target, with women now comprising 35 percent of employees in middle management roles, above the company’s 30-percent goal.

Paolo Alonzo, assistant manager for social programs, also highlighted the company’s economic contribution through local procurement, which reached P11.5 billion in 2025.

The spending supports local value chains and drives economic activity in host communities, including the creation of indirect employment, he said.

Under its governance pillar, NAC cited progress in implementing anti-bribery policies and strengthening incident and risk management systems.

The company said the data gathered from the review will inform strategies as it enters the second phase of its sustainability journey, with longer-term targets extending to 2050.

NAC said the midterm report underscores its commitment to transparency and accountability, noting that stakeholders increasingly view sustainability disclosures as equally important as financial reporting.

The company added that its approach places strong emphasis on robust data collection to ensure that sustainability targets are measurable, credible and grounded in evidence.

Nickel Asia Corp. (PSE: NIKL) operates seven nickel mines in the Philippines, holds a 10-percent stake in the Taganito high-pressure acid leach (HPAL) project, and has a growing renewable energy portfolio spanning solar, wind and geothermal developments.


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