Trident Royalties PLC

ESG (Environmental Social & Governance)

Compliance with the highest levels of ESG forms the foundation of the Group’s investments.

Due Diligence

When conducting due diligence, environmental, social and governance issues are considered critical components to the long-term success of any project, which in turn, is key to Trident’s success. Trident will typically assess the following as part of its due diligence:

  • Community initiatives and engagement with indigenous peoples
  • Safety records
  • Whether the operator is committed to the principles of the International Council on Mining & Metals or other relevant standards
  • Water management and reduction plans
  • Other environmental programmes and initiatives put in place by the operator including carbon reduction and biodiversity protection
  • Operating plans and closure plans
  • Workplace standards, protections and policies


The nature of Trident’s royalty investments is such that it does not operate any of the properties underlying its royalty portfolio and, consequently, it does not always have the ability to influence the manner in which the operations are carried out. Nevertheless, a responsible approach to a project’s environmental impact and its sustainability management is essential to the success of the project over its life.

As part of the Trident’s investment decision process, careful consideration is given to the environmental aspects of any potential asset purchase during the due diligence phase. In particular, Trident typically engages with consultants who have the requisite expertise to ensure that it can consider any risks in this regard.

Social & Community

Trident acknowledges that, whilst its activities have little direct contact with communities, it can positively influence the social practices and policies of companies with which it conducts business. Positive social and community relationships are essential to profitable, sustainable and successful mining activities.

Trident endeavours to ensure that companies it works with have appropriate procedures in place to facilitate this engagement. More specifically, Trident’s investment decision process for potential asset purchases involves due diligence relating to the full range of CSR issues, including the social and community aspects of the project.