Climate Change Data

Coeur Mining, Inc.

Climate Impact & Sustainability Data (2021)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:299,279 tCO2e (market-based)
Scope 1 Emissions:208,490 tCO2e
Scope 2 Emissions:93,539 tCO2e (market-based)
Renewable Energy Share:44% (Wharf), 29% (Rochester), 25% (Palmarejo)
Total Energy Consumption:3,954,772 GJ
Carbon Intensity:14.27 kg CO2e/ton processed (market-based)

ESG Focus Areas

  • Climate Change
  • Greenhouse Gas Emissions
  • Site Expansion, Reclamation & Closure
  • Tailings
  • Water
  • Human Rights
  • Local Supply & Hiring
  • Local Community Development & Engagement
  • Diversity, Equity and Inclusion
  • Employee Training & Development
  • Living Wage
  • Workforce Health & Safety
  • Anti-bribery & Anti-corruption
  • Board Diversity
  • Board ESG Oversight
  • Ethics & Compliance
  • Sustainability Integral to Company Strategy

Environmental Achievements

  • Completed a comprehensive self-assessment against the Global Industry Standard on Tailings Management (GISTM)
  • Completed an initial climate change scenario analysis, including below 2-degree Celsius scenarios
  • Improved greenhouse gas emissions (GHG) reporting and tracking progress on our net intensity reduction goal
  • Achieved a 19% decrease in the three-year trailing average of permit discharge exceedances
  • Sourced approximately 44% of Wharf’s power in 2021 from wind, resulting in lowered emissions
  • Optimized blasting and increased bench height at Rochester
  • Implemented Ventilation-on-Demand in underground mines at Kensington

Social Achievements

  • Achieved a 30% increase in employee participation in the culture survey
  • Experienced a 2% increase in the diversity of the employee population
  • Launched the Mobile Maintenance Trainee program in partnership with the University of Alaska Southeast
  • Launched a new skilled trades program at Rochester
  • Coeur Mexicana hosted 89 apprentices in 2021 and hired 43 into permanent positions
  • Coeur Silvertip supported the 2021 Eco-Canada BEAHR training program
  • Coeur Wharf supported 13 summer students and interns in 2021
  • Coeur’s Chicago Office supported 15 interns across U.S. locations in 2021
  • Provided 147 scholarships across locations
  • Launched Coeur Mexicana’s Dignified Housing Project

Governance Achievements

  • Refreshed corporate governance guidelines and Code of Conduct
  • Added a metric to the executive long-term incentive program for 2022-2024 tied to achievement of the public GHG emissions net intensity reduction goal
  • Maintained an ISS Quality Score of “1”
  • Conducted regular ethics and Code training programs for all employees

Climate Goals & Targets

Short-term Goals:
  • Reduce GHG emissions intensity by 35% by the end of 2024

Environmental Challenges

  • Slight increase in GHG emissions year-over-year
  • 11% increase in the three-year trailing average of significant spills
  • 1.5% increase in voluntary turnover among diverse employees
  • Contractor performance challenges in 2021
Mitigation Strategies
  • Revised GHG emissions reduction goal to 35% net intensity reduction by 2024
  • Tied reductions to a portion of the 2022 executive performance share award
  • Increased focus on reducing GHG emissions across the organization
  • Completed a cross-functional review of contractor management and identified multiple areas for improvement
  • Developing company-wide dashboards on key environmental compliance risks
  • Enhanced root cause investigations related to environmental indicators and knowledge sharing on lessons learned across sites

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
  • Impacts on water management
  • Impacts on supply chains
Transition Risks
  • Regulatory compliance risks
  • Rising carbon costs
  • Reputational risks
Opportunities
  • Increased product demand
  • Technology advancements
  • Operational efficiencies
  • Potential to attract ESG-focused investors

Reporting Standards

Frameworks Used: SASB, TCFD, UN SDGs, GRI

Certifications: CORESafety®

UN Sustainable Development Goals

  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 10
  • 12
  • 13
  • 15

Coeur mapped its ESG-related strategies and activities to the SDGs and identified 10 that best align with its business and the areas in which it has the greatest potential impact.

Awards & Recognition

  • NIOSH Mine Safety and Health Technology Innovations Award