Appian Capital Advisory LLP (“Appian” or the “Company”), the investment advisor to long-term value focused private equity funds that invest solely in mining and mining related companies, is pleased to announce that it has been awarded Best ESG Mining Investment Strategy Global 2022 by CFI.co.
Highlights of the CFI.co judging panel’s findings:
- Since its launch in 2012, Appian has been investing in metals and mining operations and related infrastructure that support the green energy transition including copper, nickel and rare earths
- The Company considers the social and environmental impacts of all potential investment projects as part of a 360-degree due diligence process to create shared benefits with host communities
- Appian has created 4,650 jobs directly and over 11,000 indirectly. Its workforce is 16 percent female with 85 percent of employees recruited locally
- In 2019, the Company’s philanthropic arm, the Appian Way Charity Foundation, decided to focus on educational projects that would deliver the greatest impact per dollar spent
The ESG award if part of CFI.co’s wider Awards Programme, which recognises individuals and organisations that contribute significantly to the convergence of economies and add value for all stakeholders.
The CFI.co judging panel’s full report:
Appian Capital Advisory: Best ESG Mining Investment Strategy Global 2022
Since its launch in 2012, Appian has been investing in metals and mining operations and related infrastructure that support the green energy transition such as copper, nickel and rare earths. Headquartered in London, but with offices globally, the firm has helped its portfolio companies and local stakeholders develop 8 assets into production in the last 4 years alone.
Appian’s strategic vision revolves around ESG from an end product perspective as well as a social license to operate perspective. Appian considers the social and environmental impacts of all potential investment projects as part of a 360-degree due diligence process to create shared benefits with host communities. At present, there are three active mining operations, extracting nickel, copper and cobalt from two sites in Brazil and one in West Africa. The Company manages two equity funds and has eight international locations, alongside US$2bn in assets under management, including co-investment. Appian has created 4,650 jobs directly and over 11,000 indirectly. Its workforce is 16 percent female with 85 percent of employees recruited locally.
In 2019, the Company’s philanthropic arm, Appian Way Charity Foundation (“AWCF”), decided to focus on educational projects that would deliver the greatest impact per dollar spent. The AWCF approved a US$1.7m budget to implement teacher training programmes expected to benefit 120 teachers and 8,000 students. It also donated US$25,000 to the Young Mining Professionals Scholarship Fund to support post-secondary and post-graduate studies in the field.
Michael W. Scherb, Founder and CEO of Appian, commented:“ESG is at the heart of everything Appian does so it’s fantastic to be recognized for our achievements in this area. We’ve always been acutely aware of Appian’s role in both our local communities and wider society, so a strong commitment to ESG is absolutely central to our success. It’s a really exciting time for Appian right now, and following the recent appointment of Silvio Lima to lead our ESG and Community Engagement programmes, I look forward to driving even greater progress in this area and delivering value for all of our stakeholders.”
For further information:
FGS Global +44 (0)20 7251 3801 / [email protected]
Charles O’Brien, Richard Crowley, Theo Davies-Lewis
Appian Capital Advisory +44 (0)20 7004 0951 / [email protected]
Michael W. Scherb
About Appian Capital Advisory LLP
Appian Capital Advisory LLP is the investment advisor to long-term value-focused private equity funds that invest solely in mining and mining-related companies.
Appian is a leading investment advisor in the metals and mining industry, with global experience across South America, North America, Australia and Africa and a successful track record of supporting companies to achieve their development targets, with a global operating portfolio overseeing nearly 5,000 employees.
Appian has a global team of 58 experienced professionals with presences in London, Toronto, Vancouver, Lima, Belo Horizonte, Montreal and Perth.
About Appian Way Charitable Foundation
The Appian Way Charitable Foundation seeks to contribute to the health and equal education of the children in the communities and principal regions Appian invests into, with the aim of contributing to social advancement and improving long-term environmental stability in these regions.
CFI.co is a print journal and online resource reporting on business, economics, and finance. The journal recognises that the traditional distinction between emerging and developed markets is now far less meaningful as world economies converge. Headquartered in London, the world’s most multicultural city, CFI.co covers and analyses the drivers behind that change. Combining the views of leading multilateral and national organisations with thought leadership from some of the world’s top minds – CFI.co’s dedicated editorial team ensures that readers better understand the forces influencing and reshaping the global economy.
About the CFI.co Awards Programme
Each year, CFI.co seeks out individuals and organisations that contribute significantly to the convergence of economies and truly add value for all stakeholders. Reporting from frontlines of economies on the move, CFI.co realises that best practice is to be found throughout the world. The Awards Programme aims to identify and reward excellence wherever it is found. The programme aims to inspire others to further improve their own performance.
More about CFI.co’s awards can be found here.
You can download a PDF version of the Appian press release here.
Cover photo: Appian portfolio company MVV has been running a Women Entrepreneurs programme, helping local women to produce, sell and market their local produce. Recently, the group opened a brick and mortar shop to add a sales and distribution channel to the programme.