Appian Capital Advisory: Best ESG Mining Investment Strategy Global 2022
Since its launch in 2012, Appian Capital Advisory 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 firm 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. The CFI.co judging panel announces Appian Capital Advisory as the 2022 global award winner for Best ESG Mining Investment Strategy.