Climate Change Data

SALAZAR RESOURCES LIMITED

Climate Impact & Sustainability Data (2022-2023)

Reporting Period: 2022-2023

Environmental Metrics

ESG Focus Areas

  • Community Development
  • Training and Education
  • Sustainable Economic Development
  • Environmental Sustainability
  • Carbon Footprint Reduction

Environmental Achievements

  • Initial evaluation of carbon and greenhouse gas emissions for El Domo project completed, covering Scope 1 and 2 emissions. Identified emissions reduction strategies aligned with corporate and project objectives.

Social Achievements

  • Training program provided to 265 individuals from local project communities in technical trades and support of local businesses (2022-2023).
  • Mine operator training program executed in partnership with Stracon-Ripconciv Joint Venture and UTPL, with 25% female participation in 2022.
  • Promotion of local suppliers and service providers, resulting in Curimining becoming a major purchaser of local goods and services and employing many local residents.
  • Resumption of community activities, including arts, culture, and sports programs in partnership with Nobis and Salazar Foundations, benefiting underprivileged youth and women.
  • Community roundtables established for participatory dialogue on key community issues, engaging 40-70 individuals from various stakeholder groups.

Governance Achievements

  • Active engagement with Ecuadorian communities and transparent community consultation.

Climate Goals & Targets

Short-term Goals:
  • Further expand and explore commercially the findings of the initial carbon and greenhouse gas emissions evaluation for El Domo.

Environmental Challenges

  • Lack of a national level emissions trading scheme in Ecuador.
Mitigation Strategies
  • Exploring unique carbon sinking and credit opportunities within the El Domo project area and Curipamba district, considering the experience of other Latin American jurisdictions with emissions trading schemes.

Supply Chain Management

Responsible Procurement
  • Promotion of local suppliers and service providers

Climate-Related Risks & Opportunities

Opportunities
  • Planned connection to the national power grid (over 80% renewable), proximity to deep water ports, solar factor for energy generation and plant life growth, unique carbon reduction and electrification opportunities.