What’s New

Prizma assists Miner with TCFD and negative ESG risk rating

September 15, 2021. Prizma was recently engaged by a listed precious metals mining company to assist with its ESG positioning and disclosure to improve its lagging ratings with ESG risk ratings agencies, such as Sustainalytics. Assignment includes a fresh look at materiality assessment and a review focused on the recommendations of the Task Force for Climate-related Financial Disclosure (TCFD).


Prizma provides MAC TSM Verification Services in Botswana

September 1, 2021. Prizma was recently engaged by Lucara Diamond Corp. to provide external verification services with respect to the company’s implementation of the Mining Association of Canada (MAC) Towards Sustainable Mining (TSM) Performance Indicators at the Karowe Mine in Botswana. The MAC TSM standards have been adopted by the Botswana Chamber of Mines since 2017.


Prizma participates in HSEC Workshop about Benban Solar Park in Egypt 

August 27, 2021. Prizma sponsored and participated in a Health, Safety, Environment and Community (HSEC) training workshop using the Benban Solar Park as a case study (32 plots, 10,000 workers at peak construction, 1.5GW). Benban’s development was co-financed by the AFDB, AIIB, EBRD, IFC and others. Access short Vimeo clip here (1:17 minutes).


Interview with Prizma’s Founder Featured by the European Bank

August 10, 2021. As part of its 30th anniversary celebration, the European Bank (EBRD) invited a few alumni to reflect on their time at the EBRD. Mehrdad Nazari, Prizma’s Director, served ten years as a Principal Environmental Specialist at the EBRD in London. An edited version of the interview can be access here. Mehrdad’s LinkedIn profile can be accessed here.



Prizma’s Team Includes a Certified User of IHA’s Sustainability Tools 

May 19, 2021. Mehrdad Nazari, Prizma’s Lead ESG Advisor, successfully completed the International Hydropower Association’s course to become a Certified User of IHA’s Sustainability Tools. These tools can assist investors and developers to evaluate ESG gaps/performance of hydropower projects in need of a financial or reputational boost.



Prizma Supports Lucara with ESAP for US$220 Million Loan

April 15, 2021. Prizma was engaged by Lucara Diamond Corp. to assist with the implementation of its Environmental and Social Action Plan (ESAP) related to a US$220 million project finance mandate to fund the underground expansion at the Karowe Mine in Botswana. A syndicate of ING, Natixis, Société Générale, Africa Finance Corporation, and Afreximbank acted as the Mandated Lead Arrangers.



Prizma estimated GHG Emissions for Gold Project in West Africa

March 4, 2021. Prizma was engaged by Roxgold Inc. (later merged with Fortuna Silver Mines Inc.) to assist with estimating greenhouse gas (GHG) emissions for the Séguéla Gold Project located in Côte d’Ivoire. The estimate was completed in line with the IFC Performance Standards and the Equator Principles.



Prizma awarded IMAG grant by Wisconsin Economic Development Corporation

December 9, 2020. –  Prizma was awarded an International Market Access/Global Business Development Grant by the Wisconsin Economic Development Corporation for FY2021. This will support Prizma to further develop its advisory services and market access.