Page 9 - ARE Sustainability Report - Sept 2021

Environment - Minimising our footprint
Part of AR3’s purpose is to unlock the materials critical to producing cleaner and more a ordable energy technologies to provide a more sustainable future.
To support this purpose, AR3 continues to seek new and innovative ways to investigate and extract these materials in a safe and environmentally responsible manner.
We believe environmental protection and stewardship are the keys to ensuring long-term viability of our business, including maintaining the necessary support from our host communities and governments.
GREENHOUSE GAS EMISSIONS
AR3 recognises climate change e ects poses considerable near and long-term challenges for society and has potential to impact our own operational and nancial performance.
According to the most recent IPCC report (2021), natural drivers and internal variability of the climate system has enhanced and at times masked, underlying human-induced long-term e ects on global temperatures. We are now at a point globally, where the economy will need to accelerate the transition into renewable sources of energy to reach net zero CO2 as a minimum requirement to stabilise human induced global temperature increases.
Rare earth minerals and their role in permanent magnet technologies, will play an essential role in the transition to more renewable energy sources such as wind power and in decarbonising the worlds energy landscape, through the adoption of electric vehicle transportation.
In addition, AR3 will look for measures to abate their own generated CO2 Scope 1 and Scope 2 emissions generated through exploration and administrative activities.
9 | 2021AR3SustainabilityReport