Aya Gold & Silver Inc.

Climate Impact & Sustainability Data (2022, 2023)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:1,148 tCO2e (projected for 2025)

Scope 2 Emissions:56,000 tCO2e (2021 baseline)

Renewable Energy Share:100% (target by 2025)

Water Consumption:400,000 m3/year (projected requirement)

ESG Focus Areas

Health & safety
Water management
Community relations
Governance
Labor/Management relations
Climate Change

Environmental Achievements

61% of total water use recycled
Installation of 10 hydropanels
88% reduction in Scope 2 carbon emissions by 2025 (compared to 2021 baseline)
Commissioned quarterly audits on TSFs and began process to bring existing TSFs to GISTM compliance

Social Achievements

Grew workforce by 32%
Increased female representation in Morocco
Maintained 99% national workforce
Over 20,000 beneficiaries from community program
Expanded base camp with 67 new bedrooms
Renovated three schools and a children’s football field
Commenced mobile health program

Governance Achievements

Increased female board representation to 25% (37% after June 2023 AGM)
Added sector-specific expertise to the board composition
Aligned executive compensation to ESG and climate change performance indicators
Adopted advisory Say-on-pay and clawback policy
Met with shareholders holding +80% of outstanding shares

Climate Goals & Targets

Long-term Goals:

Not disclosed

Medium-term Goals:

Achieve near-zero Scope 2 emissions by 2025
Implement a biodiversity management plan
Implement an environmental emergency response plan

Short-term Goals:

Zero fatalities
Significant reduction in LTIFR and TRIFR
Start drills for emergency preparedness
Implement employee grievance mechanism

Environmental Challenges

Alignment with health and safety objectives and values remained challenging, resulting in an increase in LTIs due to more extensive reporting and employee buy-in.
Initial lack of community capacity, community relations department, and history of engagement with local communities.

Mitigation Strategies

Heavy investment in employee training and continuous education of best practices, on-site precautionary measures and procedures, and implementation of the Environmental and Social Management System (ESMS).
Strengthened H&S department, increasing staff from one to six employees.
Established an action plan for community engagement aligned with Moroccan ambitions in environment, H&S, and human development.
Developed a new HR policy encompassing commitments to human rights, workers’ rights, grievance mechanisms, and inclusion, diversity, respect, non-discrimination, and equal opportunities.

Supply Chain Management

Responsible Procurement

75% national and 13% local procurement (increased to 37% after June 2023 AGM)

Climate-Related Risks & Opportunities

Physical Risks

Extreme weather events

Transition Risks

Not disclosed

Opportunities

Not disclosed

Reporting Standards

Frameworks Used: GRI, TCFD

Certifications: ISO 14001, ISO 45001

Sustainable Products & Innovation

Not disclosed

Awards & Recognition

Not disclosed

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:16,466 tCO2-e

Scope 1 Emissions:5,119 tCO2-e

Scope 2 Emissions:11,347 tCO2-e

Scope 3 Emissions:49,704 tCO2-e

Renewable Energy Share:19%

Total Energy Consumption:15,737,926 KWh

Water Consumption:693,999 m3

Waste Generated:1,216,854 tons

Carbon Intensity:58.5 tonnes of CO2 per thousand tonnes of ore processed