How a public mineral exploration and development company tackled their first year of climate reporting

“As an established titanium and rare earth exploration company listed on the Canadian and Australian stock exchanges, we recognize that transparent and accurate climate reporting is essential to maintaining investor trust and meeting the evolving expectations of global markets. Partnering with Carbonhound allowed us to produce a full greenhouse gas (GHG) inventory that aligned with IFRS standards and to publish it alongside our annual reports. It gave us credibility and momentum at a critical stage in our growth.”

Customer Highlights

  • Resouro used energy, fuel, business travel, and supplier data across Brazil and Canada to complete their first GHG inventory.
  • The Resouro team collaborated closely with Carbonhound to quantify Scope 1, 2, and 3 emissions in line with IFRS S2 standards.
  • Their finance and operations teams worked together to publish an audit-ready report within 60 days of year-end, building investor trust through transparency.

Why a critical minerals company is preparing for ESG transparency

Resouro Strategic Metals Inc. is a Canadian-based exploration company focused on discovering and developing critical mineral resources in Brazil which are vital to the global energy transition. What makes Resouro stand out in this industry is their respect for the communities and environment that they operate in. 

As an early-stage public company, Resouro is listed on the Toronto Stock Venture Exchange (TSXV), Australian Stock Exchange (ASX) and the OTC Markets (OTCQB). Operating across multiple exchanges gives Resouro access to capital markets, increases international visibility, and introduces a high bar for investor expectations around governance, transparency, and environmental responsibility. But with no prior emissions tracking system in place and pressure mounting to align with global standards, Resouro needed to ensure that they delivered their first climate disclosures.

Why was preparing their Greenhouse Gas inventory so important?

For Resouro, the immediate challenge was to complete a comprehensive greenhouse gas (GHG) inventory for their baseline year and publish it within 120 days of their fiscal year-end as part of their annual sustainability reporting. The team understood that accurate and timely reporting, particularly for GHG emissions, would be essential not only to meet listing obligations but to build long-term credibility with their investor community.

Resouro chose to work with Carbonhound to complete their full GHG inventory, covering Scope 1, 2, and 3 emissions. Carbonhound collaborated with the team members at Resouro Strategic Metals to collect the data necessary to complete their inventory in a timely manner ahead of publishing their annual report. 

The Carbonhound platform provided a streamlined interface to quantify emissions across locations, apply relevant emissions factors, and align calculations with IFRS S2 climate-related disclosure standards. In doing so, Resouro was able to integrate financial-grade sustainability data with the same rigour they applied to their financial statements.

Preparing a IFRS S2 compliant report in less than 60 days

Despite it being their first reporting year, Resouro completed their GHG inventory just 1–2 weeks after the close of their fiscal year. Working closely with Carbonhound, they finalized a comprehensive and audit-ready emissions report in under 60 days, well ahead of public disclosure deadlines.

This rapid and efficient reporting process allowed Resouro to include a GHG inventory in their 2025 sustainability report, published alongside their annual financial filings. The inclusion of emissions data in alignment with IFRS S2 standards demonstrated Resouro’s commitment to transparency and ESG leadership which is essential and critical for maintaining credibility with investors and regulatory bodies across multiple jurisdictions.

Using emissions reporting to set the standard

Resouro’s collaboration with Carbonhound marks a major milestone in their Sustainability journey. By completing their first GHG inventory with precision and speed, the company has shown that even early-stage mining firms can lead with integrity and accountability. Their emissions data now provides a foundation for tracking progress, managing risks, and making informed decisions as the company continues to explore and develop high-value mineral assets.

In a sector where scrutiny is high and timelines are tight, Resouro has set a new standard for emissions transparency, proving that climate accountability is not just for mature companies, but for those building the future of clean energy supply chains from the ground up.

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How a public mineral exploration and development company tackled their first year of climate reporting

Resouro had never reported on their emissions before but knew they needed to meet investor expectations and regulatory standards across multiple stock exchanges. With tight timelines and no internal systems in place, they partnered with Carbonhound to build their first GHG inventory from the ground up—completing an IFRS-aligned, audit-ready report in under 60 days.