KENMARE RESOURCES PLC.
KMR.LSE | Mining of iron ores
Kenmare Resources plc is an established mining company operating the Moma Titanium Minerals Mine in northern Mozambique. The company extracts and processes ilmenite, which is then sold to customers globally. Ilmenite is primarily used to produce titanium dioxide pigment, a white pigment used in pain...Show More
Better Health for All
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Kenmare Resources' core mining and processing operations do not use toxic chemicals, resulting in a neutral direct health impact from its principal goods.
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Through its Kenmare Moma Development Association (KMAD), the company allocated 29.87% of KMAD's total funds in 2024 to health infrastructure and water/sanitation projects, including a state-of-the-art clinical analysis laboratory.
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KMAD provides health services to the approximately 45,000 people in affected localities, with the Topuito Health Centre laboratory serving over 20,000 people.
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However, some boreholes provided by KMAD have water quality issues with levels of nitrates, faecal coliforms, and iron above WHO limits.
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The company identifies and mitigates potential negative health externalities like increased HIV prevalence.
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Support for the healthcare workforce is basic, with 6 out of 12 volunteers completing a five-month training program in 2024, and only 7 active from an original 20 trained volunteers.
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KMAD undertakes extensive health education, including 951 communication campaigns reaching 18,595 people on various health topics such as COVID-19 prevention, malaria, and family planning.
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The company demonstrates a strong emphasis on preventative health measures through these campaigns, provision of clean water, and malaria prevention programs. KMAD's programs promote health equity by focusing on women's involvement and providing scholarships for vulnerable families.
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During public health emergencies, KMAD included COVID-19 prevention in its campaigns and the new laboratory can store donated blood for emergencies.
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Fair Money & Economic Opportunity
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No evidence available to assess KENMARE RESOURCES PLC on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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No evidence available to assess KENMARE RESOURCES PLC on Fair Pay & Worker Respect.
Fair Trade & Ethical Sourcing
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No evidence available to assess KENMARE RESOURCES PLC on Fair Trade & Ethical Sourcing.
Honest & Fair Business
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No evidence available to assess KENMARE RESOURCES PLC on Honest & Fair Business.
Kind to Animals
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No evidence available to assess KENMARE RESOURCES PLC on Kind to Animals.
No War, No Weapons
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No evidence available to assess KENMARE RESOURCES PLC on No War, No Weapons.
Planet-Friendly Business
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Kenmare Resources published a Climate Strategy Report in 2021, which is aligned with the Task Force on Climate-related Financial Disclosures (TCFD).
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The company also reported a 12% reduction in emissions, though the scope of these emissions was unspecified.
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Kenmare publishes annual Sustainability Reports, Sustainability Fact Books, Climate Strategy Reports, and KMAD Annual Reports.
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Reports are available for 2020 through 2024.
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For example, the 2024 Annual Report and 2024 Sustainability Fact Book were published on April 14, 2025, and a 2024 Double Materiality Assessment was published on April 8, 2025.
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The company has achieved compliance with the European Commission’s Corporate Sustainability Reporting Directive (CSRD) for the first time
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and is a constituent of the FTSE4Good Index Series.
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Respect for Cultures & Communities
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No evidence available to assess KENMARE RESOURCES PLC on Respect for Cultures & Communities.
Safe & Smart Tech
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No evidence available to assess KENMARE RESOURCES PLC on Safe & Smart Tech.
Zero Waste & Sustainable Products
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No evidence available to assess KENMARE RESOURCES PLC on Zero Waste & Sustainable Products.