Caledonia Mining Corporation Plc: Publication of 2024 ESG Report

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Caledonia Mining Corporation Plc (CMCL) has published its 2024 ESG Report, highlighting the company's progress in sustainability practices and climate-related business strategies. CEO Mark Learmonth announced key achievements including the completion of a comprehensive climate change risk assessment to evaluate impacts of extreme weather, water stress, energy security, and regulatory changes. The company enhanced its sustainability reporting by conducting an IFRS Sustainability Standards readiness assessment and initiating an Equator Principles gap analysis.

The mining company demonstrated its commitment to community development through investments in local infrastructure, including solar energy installations for schools and clinics, while prioritizing local procurement to boost regional economic growth.

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ST HELIER, Jersey, May 20, 2025 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (NYSE AMERICAN, AIM and VFEX: CMCL) ("Caledonia" or "the Company") announces the publication of its 2024 ESG Report. The full report is available on the Company’s website at www.caledoniamining.com/esg/esg-reports.

Mark Learmonth, Chief Executive Officer, commented:

"I am proud to present Caledonia's 2024 ESG Report, showcasing our evolution toward more sophisticated sustainability practices and our strategic approach to addressing climate-related business challenges.

“In 2024, we took several steps to future-proof our business and further embed ESG within our strategy. This included the completion of a comprehensive climate change risk assessment, giving us a clearer view of the potential impact of extreme weather, water stress, energy security and regulatory change on our business. Understanding these issues is essential to planning for the long term.

“We continued to elevate our sustainability reporting standards in 2024, undertaking an IFRS Sustainability Standards readiness assessment, and commencing an Equator Principles gap analysis to ensure our projects meet the highest standards.

“At Caledonia, our focus remains centred on delivering long-term value, through ensuring responsible operations and investing in the future. We continued investing in our communities, including through installing new solar energy infrastructure for local schools and clinics, and prioritising local procurement to strengthen regional economic development."

Enquiries

Caledonia Mining Corporation Plc Mark Learmonth Camilla Horsfall	Tel: +44 1534 679 800 Tel: +44 7817 841 793
Cavendish Capital Markets Limited (Nomad and Joint Broker) Adrian Hadden Pearl Kellie	Tel: +44 207 397 1965 Tel: +44 131 220 9775
Panmure Liberum (Joint Broker) Scott Mathieson/ Ailsa MacMaster	Tel: +44 20 3100 2000
Camarco, Financial PR (UK) Gordon Poole Elfie Kent Fergus Young	Tel: +44 20 3757 4980
3PPB (Financial PR, North America) Patrick Chidley Paul Durham	Tel: +1 917 991 7701 Tel: +1 203 940 2538
Curate Public Relations (Zimbabwe) Debra Tatenda	Tel: +263 77802131
IH Securities (Private) Limited (VFEX Sponsor - Zimbabwe) Lloyd Mlotshwa	Tel: +263 (242) 745 119/33/39

FAQ

What key initiatives did CMCL announce in its 2024 ESG Report?

CMCL completed a climate change risk assessment, conducted an IFRS Sustainability Standards readiness assessment, began an Equator Principles gap analysis, and invested in community solar energy infrastructure for schools and clinics.

How is Caledonia Mining (CMCL) addressing climate-related business challenges?

CMCL conducted a comprehensive climate change risk assessment to evaluate impacts of extreme weather, water stress, energy security, and regulatory changes on their business operations.

What community investments has CMCL made according to its 2024 ESG Report?

CMCL invested in local communities by installing solar energy infrastructure for schools and clinics, and prioritized local procurement to strengthen regional economic development.

What sustainability reporting standards is CMCL implementing in 2024?

CMCL is implementing IFRS Sustainability Standards and conducting an Equator Principles gap analysis to ensure their projects meet the highest standards.