Climate Change Data

Environmental Metrics

ESG Focus Areas

• Health & Safety
• Society
• Environment
• Economy

Environmental Achievements

• Remediated 177,300 m2 of drill pads at Windfall Lake Project and 26,250 m2 at Garrison Project.
• Implemented a Spill Management Plan with four reportable spills in 2016 (all cleaned).

Social Achievements

• Hired First Nations community members to work on exploration campaigns in Quebec and Ontario.
• Maintained open communication with Aboriginal and local communities through meetings, presentations, and notification letters.
• Provided $326,662 in contracts and purchases from Aboriginal businesses.

Governance Achievements

• Osisko’s Board of Directors approved a set of corporate governance guidelines and a Code of Business Conduct and Ethics.
• Established committees including Audit Committee, Corporate Governance & Nominating Committee, Compensation Committee, and Health, Safety and Environment & Corporate Social Responsibility Committee.

Climate Goals & Targets

Environmental Challenges

• Potential impacts of exploration activities on the environment, cultural heritage, and traditional activities of Aboriginal communities.
• Managing potential spills and environmental incidents.

Mitigation Strategies

• Environmental baseline data collection and assessment at Windfall Lake and Marban projects.
• Implementation of Spill Management Plan.
• Ongoing dialogue with host communities to address concerns.
• Hiring of community members and engagement with Aboriginal communities.

Supply Chain Management

Responsible Procurement

• 89% of purchases in Quebec and Ontario in 2016
• Over $326,662 spent on goods and services from First Nations, local suppliers, and contractors

Climate-Related Risks & Opportunities

Awards & Recognition

• Best North American Exploration Mining Company of the Year
• Mining Journal’s 2016 Lifetime Achievement Award (Ned Goodman)

Environmental Metrics

ESG Focus Areas

• Health & Safety
• Society
• Environment
• Economy

Environmental Achievements

• Implemented spill management plan
• Conducted drill pad reclamation
• Received government approval for a mine water treatment system and dewatered the exploration ramp
• Updated the site restoration plan
• Filed the project description with the federal government and the preliminary project notification with the Québec government for the Windfall Lake Project
• 71,144 m3 of water treated at the Windfall Lake Project

Social Achievements

• Established donation and sponsorship guidelines
• Focused on hiring employees from local communities and utilizing local contractors with Aboriginal joint venture partnerships
• Held more than 65 meetings in host communities
• Appointed Amy Satov to the Board of Directors to promote diversity
• More than 92 First Nation people worked at Osisko Mining’s projects at peak activity
• Provided five student internships and 12 summer jobs

Governance Achievements

• Developed and implemented an occupational health and safety management system
• Approved corporate governance guidelines
• Adopted a code of ethics

Climate Goals & Targets

Environmental Challenges

• Spills (79 in 2017)
• Non-conformities with water quality (2 in 2017)

Mitigation Strategies

• Spill management plan with employee training and spill kits
• Prompt reporting and remediation of spills
• Installation of warning signs, disinfection, and corrective actions for water quality issues

Supply Chain Management

Responsible Procurement

• Utilizing local contractors and Aboriginal joint venture partnerships

Climate-Related Risks & Opportunities

Awards & Recognition

• Québec Mining Exploration Association’s Discovery of the Year award
• 2017 Exploration Award North America from Mines and Money Americas

Environmental Metrics

ESG Focus Areas

• Health and Safety
• Environment
• Community Relations
• Workforce Development
• Economic Development

Environmental Achievements

• Added an air-stripping unit to improve water treatment
• Began calculating greenhouse gas (GHG) emissions
• Added a new waste compactor to reduce GHG emissions through minimizing transportation
• Updated Closure plan and financial assurance

Social Achievements

• Reduced injury frequency rates year over year despite an increase in work hours
• Increased training and completed risk assessments on Windfall job positions
• Established a Windfall Environmental Monitoring Committee to share environmental information with the Cree First Nation of Waswanipi
• Developed an action plan to address the “Calls for Justice for Extractive and Development Industries” from the National Inquiry into Missing and Murdered Indigenous Women and Girls
• 83% of purchases were in Québec and Ontario, including $40 million with First Nations-owned businesses and joint ventures
• 20% of our workforce at Windfall are First Nations

Governance Achievements

• Osisko Mining’s Corporate Governance practices comply with those set out by the Canadian Securities Administrators
• Set an objective of 40% representation of women on the Board of Directors by December 31, 2021

Climate Goals & Targets

Environmental Challenges

• Maintaining a drug and alcohol free environment on the Windfall Camp road
• Controlling the levels of ammoniacal nitrogen in the ramp water and in the contact water from the lined stockpile
• Rehabilitating areas impacted by drilling activities due to intense infill drilling
• Managing stakeholder expectations during the exploration stage of the Windfall Project

Mitigation Strategies

• Working with contractors to maintain and enforce a zero drug and alcohol policy
• Commissioning an air stripping unit to improve reduction of ammoniacal nitrogen concentrations in the effluent
• Applying and improving environmental management programs
• Providing real benefits for host communities and planning for future socio-economic prosperity
• Studying the calls for action included in the National Inquiry into Missing and Murdered Indigenous Women and Girls final report

Supply Chain Management

Responsible Procurement

• 83% of purchases in Québec and Ontario
• $40 million with First Nations-owned businesses and joint ventures

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Health & Safety
• Human Resources
• Environment
• Community Relations
• Governance

Environmental Achievements

• Partial reclamation of 17,800 m2 of impacted areas
• 376,844 m3 of water treated and returned to the environment
• Construction of a new collecting pond to improve management of contact and mine water
• 0 non-compliance for effluent
• 29,115 kg of food waste composted
• 11,625 kg of cardboard composted
• Removal (reclamation) of the unlined stockpile (45,500 tonnes)

Social Achievements

• Lowered the loss time incident frequency rate (LTIFR) by 20%
• No work-related fatality at Windfall since 2016
• Implemented a COVID-19 testing laboratory at Windfall, performing over 9,400 tests
• Introduced a new Health & Safety Policy and updated operating procedures
• Introduced a new Community Relations Policy
• Recognized by the Cree Nation Government as a “role model for natural resource development”
• Won the Mercure award in the Desjardins Sustainable Development Strategy category

Governance Achievements

• Revised four main policies (H&S, HR, Environment, Community Relations)
• Improved information available on the company website
• Received an “A” level rating by MSCI
• 30% women on the Board of Directors

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic and its impact on operations and workforce
• Controlling ammoniacal nitrogen levels in ramp and stockpile water
• Workforce scarcity in the region
• Unconscious bias in hiring First Nation core cutters

Mitigation Strategies

• Developed and implemented COVID-19 prevention protocols in collaboration with Cree communities
• Invested in a COVID-19 testing laboratory to secure exemption from self-isolation law
• Developed alternative sourcing strategies
• Reviewed posting and selection criteria to address unconscious bias in hiring
• Engaged with regional committees to address workforce scarcity
• Implemented the ECOTHORTM technology to reduce ammoniacal nitrogen

Supply Chain Management

Responsible Procurement

• Favouring local purchases and contracts
• Targeted opportunities for local and First Nation businesses
• Development of a local procurement program (planned for 2021)

Climate-Related Risks & Opportunities

Awards & Recognition

• Mercure award in the Desjardins Sustainable Development Strategy category

Environmental Metrics

ESG Focus Areas

• Health and Safety
• Human Resources
• Environmental
• Community Relations
• Responsible Procurement
• Governance

Environmental Achievements

• 423,323 m3 of water treated and returned to the environment
• 0 non-compliance for effluent
• 30,300 kg of food waste and 12,000 kg of cardboard composted
• Partial reclamation of surface areas used for drilling

Social Achievements

• 21,049 COVID-19 tests performed, ensuring worker safety
• 0 fatalities
• $85 million spent with First Nations businesses or joint ventures
• $240,000 contributed to various donations and sponsorships
• 120 First Nations people worked at Windfall
• 50% of the senior management team are women or gender queer

Governance Achievements

• Approved a Responsible Procurement policy and a Supplier Code of Conduct
• MSCI sustainability rating of A
• No non-compliances found in five CNESST audits

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacting operations and community engagement
• Increased Health & Safety incident frequency rates
• Scarcity of skilled labor in northern communities
• Managing ammoniacal nitrogen levels in water
• Climate change impacts on infrastructure design

Mitigation Strategies

• Implemented mandatory vaccination policy and COVID-19 testing protocols (21,049 tests)
• Revised introductory site sessions for safety training
• Initiated a program for the management and qualification of contractors
• Developed actions to increase employee retention (exit interviews)
• Installed a new ammoniacal nitrogen evaporation unit and other water treatment improvements
• Installed a weather station at the Windfall site to support design efforts

Supply Chain Management

Responsible Procurement

• Responsible Procurement Policy
• Supplier Code of Conduct
• Prioritizing local and First Nations businesses ($85 million spent)

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather

Opportunities

• Development of energy-efficient products
• Connection to provincial hydroelectric grid

Awards & Recognition

• 2021 Mercure award in the Desjardins Sustainable Development Strategy category
• 2021 Indigenous and Community relations Award of the Mining Magazine

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Switching from diesel-generated electricity to hydroelectricity at the Windfall Project, significantly reducing power costs and greenhouse gas emissions.

Social Achievements

• Signed a definitive agreement with Miyuukaa Corp. for the construction of a transmission line and transportation of hydroelectric power to the Windfall Project.
• Lodged over 100 firefighters from the Quebec fire-fighting agency at the Windfall camp to support provincial fire-fighting efforts.

Governance Achievements

• TSX approved the Corporation's notice of intention to make a normal course issuer bid (NCIB Program).

Climate Goals & Targets

Environmental Challenges

• Forest fires in the Abitibi and Eeyou Istchee James Bay regions resulted in a slowdown of drilling activities.

Mitigation Strategies

• Osisko and the Partnership withdrew their employees until it was deemed safe to return to normal levels of activity.
• The Corporation resumed underground drilling activities and increased all other regular site activities back to normal levels as the local fire situation improved.

Supply Chain Management

Climate-Related Risks & Opportunities