Climate Change Data

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Investing in an emerging market (Argentina) entails risks such as expropriation, changes in laws, political and economic instability, corruption, delays in obtaining permits, import/export regulations, repatriation limitations, underdeveloped infrastructure, and disease outbreaks.
• Argentina's economic problems (price instability, inflation, interest rates, social instability, political unrest) can affect AbraSilver's business.
• High levels of corruption in Argentina pose risks of unauthorized payments violating anti-bribery laws and impacting permit approvals.
• Argentina's political and socio-economic instability (past crises, economic recession, high inflation, unemployment) can negatively affect AbraSilver's operations.
• Frequent and unpredictable changes in Argentina's tax rates, capital controls, and foreign exchange restrictions can affect profitability and operations.
• Risk of nationalization of mining assets in Argentina.
• Changes in Argentinian environmental legislation could have adverse effects on our operations.
• Public perception of mining and concerns around climate change may affect the market price of the Common Shares and the Company's ability to operate.
• The physical risks of climate change (extreme weather, resource shortages, water shortages) could adversely impact the Company’s operations.

Mitigation Strategies

• The Company acquires and transfers marketable securities to facilitate intragroup funding transfers between its Canadian headquarters and its Argentine operating subsidiaries, minimizing the time in which the funds are kept in Argentinian pesos in order to mitigate the inflationary effects.
• The Company has adopted various measures which mandate compliance with these anti-corruption, anti-bribery, and anti-money laundering laws, and has implemented training programs, compliance controls and procedures, and reviews and audits to ensure compliance with such laws.
• The Company will seek to operate in a socially responsible manner.
• While the Company is committed to operating responsibly and reducing the negative effects of its operations on the environment, its ability to reduce emissions, energy and water usage by increasing efficiency and by adopting new innovation is constrained by technological advancement, operational factors and economics.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• extreme weather events, resource shortages, changes in rainfall and in storm patterns and intensities, water shortages, changing sea levels and extreme temperatures.
• Climate-related events such as mudslides, floods, droughts and fires

Transition Risks

• Governments are introducing climate change legislation and treaties at the international, national, and local levels, and regulations relating to emission levels and energy efficiency are evolving and becoming more rigorous.