Generation Mining Limited
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Indigenous community relations
- Environmental assessment and permitting
- Sustainable mine development
Environmental Achievements
- Received federal and provincial environmental assessment approvals for the Marathon Project.
- The Panel’s report on the environmental assessment of the Marathon Project sets out recommendations for mitigating adverse effects.
Social Achievements
- Entered into a Community Benefits Agreement with the Biigtigong Nishnaabeg First Nation.
- Added several experienced senior executives to the team, including a Vice President, Sustainability.
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Begin construction of the Marathon Project in 2023 (subject to final permitting and financing).
Environmental Challenges
- Securing project financing.
- Meeting the conditions set out in the federal decision statement and provincial approval order.
Mitigation Strategies
- Received strong initial non-binding expressions of interest from more than a dozen lenders for project financing, with total offers exceeding $1 billion.
- The Company is advancing the actions outlined in the Decision Statement and Approval Order along with the required federal and provincial permits.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Agreement with Hycroft Mining Holding Corporation for the purchase of surplus mills
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed