Environmental, Social, and Governance

Mandalay recognizes that Environmental, Social and Governance (“ESG”) risks are critical issues within the mining industry and continues to improve our reporting processes to better align with the Sustainability Standards Accounting Board (“SASB”) standards. The SASB framework focuses on materially sustainable issues relevant to stakeholders that could impact the financial condition or operational performance of a company. The report below details Mandalay’s ESG performance for the year ended December 31, 2020.