At Star Royalties, maintaining strong Environmental, Social and Governance (“ESG”) principles is fundamental to our very foundation. Stemming from decades of combined management experience in capital markets and assessing and evaluating companies’ ESG track records, we have adopted best-in-class practice approaches in each area as a core philosophy in the creation of the Company.
From an environmental perspective, we created a pure-green investment company, Green Star Royalties, in October 2021 in order to accelerate and streamline the growth of our carbon credit and green strategy. Green Star Royalties has a focus on funding the development of carbon offset projects with the most reputable counterparties in the lowest-risk jurisdictions. Star Royalties’ majority ownership of Green Star Royalties also allows us to be carbon negative as our attributable ownership of Green Star Royalties’ existing and future carbon offset projects will provide us with carbon credits to more than offset our direct CO2 emissions from corporate activities and our attributable CO2 emissions from our gold equivalent ounces. Both Star Royalties and Green Star Royalties have a zero-hydrocarbon investment mandate.