Sustainability Reporting

Lucara Diamond Corp. (Lucara) is a relatively new diamond producer and headquartered in Vancouver. Its principal asset is the producing Karowe mine in Botswana.

Since 2012, Lucara’s first year of operation, Prizma has been engaged to assist the company with its sustainability reporting journey. Prizma’s tasks have included benchmarking, site-based data collection and interviews, production of report content and graphic design, assisting with materiality assessment, and transitioning reporting from GRI’s G3 to G4 framework.

Visible sustainability performance pays. Lucara became the recipient of PDAC’s  2016 Environmental and Social Responsibility Award.  This award honors an individual or organization demonstrating outstanding initiative, leadership and accomplishment in protecting and preserving the natural environment and/or in establishing good community relations during an exploration program or operation of a mine. In 2016, Lucara also joined the prestigious Corporate Knights’ 2016 Future 40 Responsible Corporate Leaders in Canada list of mid-sized Canadian companies.

In addition to a fruitful collaboration with Lucara, Prizma has been assisting numerous other organizations with their sustainability reporting efforts. Examples range from transitioning annual environmental to GRI-based sustainability reporting for the Kumtor Gold Mine in Central Asia, to facilitating a stakeholder review panel on behalf of the World Bank in support of its materiality assessment process used for its pioneering GRI-G4 corporate responsibility reporting. 

Prizma, a licensed provider of AA1000-based  assurance services, has also been involved in assurance engagement in the mining sector.

 

Photo credit: Lucara