The Philippines’ mining industry continues to navigate a series of challenges and demands— striking a balance between operational efficiency, regulatory compliance, and environmental responsibility, all while upholding transparency and ethical practices. In response to the evolving demands, Nickel Asia Corporation (NAC), one of the country’s largest producers of lateritic nickel ore, has reinforced its environmental, social, and governance (ESG) responsibilities by modernising its reporting systems through Convene ESG.
Publicly listed on the Philippine Stock Exchange (PSE), NAC is a diversified natural resources development company with a portfolio that includes seven operating nickel mines, a stake in Taganito High-Pressure Acid Leach (HPAL) plant, and a rapidly growing renewable energy subsidiary. Looking towards the future, NAC aims to contribute to sustainable national development by adopting its ESG roadmap to the highest standards in the responsible utilisation of the country’s natural resources.
Why Nickel Asia Revamped Its ESG Reporting
With its extensive operations across various subsidiaries, NAC faced challenges in consolidating ESG data from its subsidiaries. Previously, NAC relied on manual reporting processes utilising spreadsheets and in-house systems, which were supervised by consultants. While these tools enabled compliance with the Global Reporting Initiative (GRI) Framework, manual data collection is exposed to inconsistencies, limited scalability, and concerns over long-term data accuracy.
NAC’s reporting challenges were particularly evident in manually tracking key environmental factors, such as energy usage, fuel consumption, and vehicle operations, in spreadsheets. The growing need for precise carbon accounting added another layer of complexity, especially as the industry focuses on reducing greenhouse gas (GHG) emissions. NAC’s objective to align its operations with the Towards Sustainable Mining (TSM) initiative, which outlines specific mining industry standards, added another level of compliance. It underscored the need for a more advanced and streamlined ESG reporting solution.
Aiming to optimise the workflow and enhance the scope of their ESG reporting, NAC sought a solution that could consolidate data down to the lowest operational level. This includes data on climate resilience and disaster risk reduction initiatives. The company’s commitment to producing compliant and accurate sustainability reports for its stakeholders prompted it to replace inefficient manual processes with Convene ESG.
How Convene ESG Enhances Nickel Asia’s ESG Reporting for Greater Scalability and Accuracy
NAC strategically chose Convene ESG to empower its teams, enabling real-time data visualisation for enhanced accuracy and transparency. Convene ESG supports NAC by:
Automating data management
Executing manual processes, such as tracking data solely on spreadsheets, made the system prone to data inconsistencies, human error, and potential manipulation. Convene ESG modernised these workflows by automating data collection, mapping, visualisation, and archiving — securing data from multiple sources and maintaining accuracy. The platform also simplifies data consolidation, eliminating tedious manual tasks and ensuring reports are fully compliant with both global and local mining industry standards, including those specific to the Philippines.
Simplifying carbon accounting
Introducing a technology-driven system for gathering data on climate resilience and carbon accounting enhances the actionability of NAC’s ESG reports for regulators and environmental organisations. Convene ESG enables NAC to accurately quantify Scopes 1, 2, and 3 emissions.
Aligning with mining ESG requirements
Driven by its strong commitment to achieving its sustainability goals, NAC continues to enhance data management initiatives, with a particular focus on ESG reporting. The company actively works toward aligning its operations with recognised local and international mining standards, such as the TSM, the Committee for Mineral Reserves International Reporting Standards (CRIRSCO), and the Philippine Mining Reporting Code Committee (PMRC).
To support this commitment, NAC leverages Convene ESG, a platform that facilitates customising and streamlining of sustainability reporting templates. By tailoring its reports to suit both local and global mining industry requirements, NAC has improved its adaptability to future developments in ESG standards, reinforcing its dedication to responsible mining practices.
Driving growth with ESG goal oversight
Nickel Asia Corporation prioritises providing its decision-makers and staff easy access to a system that allows them to set and monitor shared goals efficiently. Convene ESG’s dashboard has Goal Setting and Tracking features that increase the visibility and accessibility of progress reports. These dashboards enable NAC to break down broad sustainability goals into specific, manageable action items for better accountability and communication among those involved.
With Convene ESG’s comprehensive suite of features and dedicated support, NAC is well-positioned to publish credible and polished mining ESG reports. These high-quality reports not only strengthen the company’s long-term market value but also provide regulators and government agencies with valuable insights into ESG performance. Such insights support them in benchmarking and developing initiatives that address social and environmental concerns.
Transform outdated workflows and create excellent sustainability reports to achieve ESG goals faster with Convene ESG. Book a free demo today!
