Compañía Minera Antamina S.A.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:840 kt CO2e (Total GHG emissions, categories 1 and 2)
Scope 1 Emissions:614 kt CO2e
Scope 2 Emissions:226 kt CO2e
Water Consumption:16,762.9 megaliters (total water used in operations)
Waste Generated:27,566.5 tons (total waste generated)
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- 100% of water used in operations sourced from surface rainwater collection.
- Approached final stage of managing a Modification of the Environmental Impact Study (MEIA) to extend mine life until 2036.
Social Achievements
- Implemented five pillars of social management strategy focusing on institutional development, education, infrastructure, entrepreneurship, and disaster prevention.
- 67 Works for Taxes (OXI) agreements registered, amounting to S/ 1,890 million in projects.
- Recordable Accident Frequency Rate (TRIFR) of 0.69 and a Recordable Accident Severity Rate (TRISR) of 11.1 in 2023.
- 42% of workforce from Áncash and 12% women, including in senior management positions.
- Zero occupational diseases in 2023.
Governance Achievements
- Successfully passed the ISO 37001 certification audit (“Anti-Bribery Management System”).
- 100% of training goals met for corporate compliance.
- Implemented Compliance Ambassadors Program.
Climate Goals & Targets
Long-term Goals:
- Extend mine life until 2036 (MEIA).
Medium-term Goals:
- Complete execution of W1 Ore project.
- Achieve 5% savings in project costs through Es+Lean program.
Short-term Goals:
- Achieve Capex execution above 95%.
Environmental Challenges
- Supply chain disruptions are not explicitly mentioned, but the report highlights challenges related to meeting environmental regulations and managing tailings.
- Addressing 723 observations from SENACE and technical reviewers for the MEIA.
Mitigation Strategies
- Robustly addressed 723 observations from SENACE, ANA and other technical reviewers for the MEIA.
- Continuous work to identify potential observations and complex issues that could delay the MEIA evaluation process.
- Implementation of various projects to improve operational efficiency and environmental performance (e.g., automatic dust suppressant additive system, new water tanks).
Supply Chain Management
Responsible Procurement
- Purchases and services totaling US$ 1.984 billion, US$ 1.787 billion from domestic suppliers, US$ 49.28 million for 113 suppliers in Ancash.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Greenhouse Gas Protocol (GHG Protocol), Intergovernmental Panel on Climate Change (UN-IPCC) guidelines, ISO Standard 14064:2018 - Part 1, ICMM International Standards
Certifications: ISO 45001, ISO 37001, ISO 9001, ISO 14001, ISO 27001
Third-party Assurance: SGS
Awards & Recognition
- Merco Talent Ranking: Best Mining Company in Attracting and Retaining Talent in Peru (eleventh consecutive year)