Blue Gold Limited.
BGL.US | Support activities for other mining and quarrying
Blue Gold Limited (BGL.US) is a company focused on the exploration and development of mineral properties. While specific details about their operations are limited, the company's activities primarily revolve around identifying, acquiring, and exploring potential mining sites. This includes geologica...Show More
Better Health for All
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Blue Gold Limited is a gold mining company, and its core products and services (gold) do not have direct positive or negative health impacts on consumers, nor do they involve health-related products requiring accessibility or transparency considerations.
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Therefore, many KPIs are not applicable. The company's 2021 sustainability report mentions health and wellness programs provided through clinics at its Bogoso and Prestea sites, and intensified COVID-19 protocols including isolation centers and enhanced screening.
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However, these initiatives primarily relate to workforce health and safety, which is explicitly excluded from the 'Better Health for All' value. The report also notes health and safety training for employees and contractors, and treatment of malaria cases, but these are also workforce-centric.
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There is no specific data on the scale of indirect health effects from pollution or other externalities, nor on programs directly addressing health disparities or promoting equitable access to health services for vulnerable populations.
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Fair Money & Economic Opportunity
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No evidence available to assess Blue Gold Limited on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
-30
Blue Gold Limited (BGL.US) has faced multiple substantiated labor-law violations.
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The company received two separate 120-day notices in August 2023 and April 2024 for the same breaches, which included unpaid wages and health and safety risks.
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This marks the first time a mine in Ghana's history has received two such notices for identical issues.
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Fair Trade & Ethical Sourcing
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The provided articles do not contain any specific, concrete data points or mentions regarding Blue Gold Limited's fair trade and ethical sourcing practices. Information on fair-trade certifications, audit frequency, forced or child labor incidents, supply chain traceability, remediation speed, ethical clause coverage in contracts, materials risk index, or supplier diversity spend is not available in the evidence.
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Honest & Fair Business
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No evidence available to assess Blue Gold Limited on Honest & Fair Business.
Kind to Animals
-10
The company's animal shampoo and all related products are explicitly stated as not formulated by testing on animals.
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For its mining operations, the company conducts biodiversity studies as part of environmental impact assessments.
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Measures are implemented to manage the limited impact on biodiversity, including planting indigenous species.
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An oil palm plantation was established on tailings storage facilities and mined-out lands, which has ensured the return of fauna to these sites.
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The introduction of herbaceous cover crops has also resulted in soil fauna enrichment and terrestrial fauna invasion to rehabilitated sites.
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The company has a policy that prohibits animal testing for its products, stating they are "not formulated by testing on animals."
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No animals are used in testing for these products.
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No War, No Weapons
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The company's core business is mineral exploration and development, with no evidence of involvement in arms manufacturing, military contracts, or defense-related activities.
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Its digital strategy focuses on developing a gold-backed token and payment platform, which does not involve dual-use technologies with military applications.
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There is no information indicating revenue from arms or defense contracts, sales to embargoed regimes, or any defense-related lobbying or procurement.
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The company is not subject to the Arms Trade Treaty, nor does it engage in AI systems with military uses or surveillance activities.
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There is no evidence of exposure to controversial weapons or the need for ethical red lines related to weapons.
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The company's efforts to reach an 'amicable, negotiated settlement with Ghana' are related to a business dispute over a mine, not broader peacebuilding initiatives.
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Planet-Friendly Business
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No evidence available to assess Blue Gold Limited on Planet-Friendly Business.
Respect for Cultures & Communities
-10
In 2021, Blue Gold Limited recruited 58% of its workforce from local communities.
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The company resolved 81% of 26 community grievances in 2021, but the average resolution time was not specified. Formal grievance mechanisms are available to community stakeholders, but the coverage across operational sites is not specified. The company's local procurement spend was $13 million in 2021, with $6 million specifically directed to local community procurement.
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Safe & Smart Tech
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No specific, concrete evidence was found in the provided articles regarding Blue Gold Limited's performance across any of the 'Safe & Smart Tech' KPIs. The articles primarily discuss BGL.US's partnership for a blockchain-backed gold token
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or report on cybersecurity incidents at other companies
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, without providing any data on BGL.US's data protection, cybersecurity, or AI ethics practices.
Zero Waste & Sustainable Products
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Based on the provided articles, there is insufficient evidence to assess Blue Gold Limited's (BGL.US) performance regarding Zero Waste & Sustainable Products. The articles primarily discuss environmental impact assessments, tailings dam safety, sustainable mining practices in general, and cyanide leaching alternatives, but lack specific data related to BGL.US's waste diversion rates, product recyclability, packaging sustainability, or other relevant metrics
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. Given the inherent waste generation in gold mining and the absence of specific initiatives or metrics, a neutral score is assigned. More information is needed to accurately evaluate BGL's performance in this area. The business model of a gold mining company like Blue Gold Limited is fundamentally in conflict with the value of Zero Waste & Sustainable Products, resulting in low materiality.