Climate Change Data

MAG Silver Corp.

Climate Impact & Sustainability Data (2021, 2022)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:20,050 tCO2e
Scope 1 Emissions:18,307 tCO2e
Scope 2 Emissions:1,743 tCO2e
Renewable Energy Share:84%
Total Energy Consumption:334,470 GJ
Water Consumption:164,000 m3 (96% from treated wastewater)
Waste Generated:185 tonnes (non-hazardous)

ESG Focus Areas

  • Health & Safety
  • Climate Change
  • Water Stress
  • Environmental Stewardship
  • Tailings Management
  • Biodiversity
  • Human Rights
  • Local Communities
  • Gender (Diversity, Equity & Inclusion)
  • Security
  • Business Ethics
  • Transparency

Environmental Achievements

  • 84% of total energy use at the Juanicipio Project came from renewable sources
  • Reduced freshwater use to 4% of total water consumption at Juanicipio Project by using treated wastewater

Social Achievements

  • Launched 25 family-size vegetable gardens and 25 backyard poultry farms at Juanicipio Project
  • 61% local employment at the Juanicipio Project; 92% local employment at the Deer Trail Project
  • Implemented capacity building projects (sewing, handicrafts, bakery, barbershop, jewelry, and carpentry workshops) at Juanicipio Project
  • Zero fatalities at both Juanicipio and Deer Trail Projects
  • Updated Diversity, Equity and Inclusion policy

Governance Achievements

  • Completed a TCFD review
  • Joined the UN Global Compact
  • 38% of Board of Directors are women

Climate Goals & Targets

Environmental Challenges

  • COVID-19 delays impacted construction and commissioning timelines at Juanicipio Project
  • Significant security challenges due to organized crime cartels in Mexico
  • Water stress in the Juanicipio Project area
Mitigation Strategies
  • Implemented COVID-19 safety protocols
  • Collaborated with Fresnillo and local authorities on security measures (unarmed security)
  • Sourced 96% of water used at Juanicipio Project from treated wastewater
  • Developed a Social Management System (SMS) to guide, monitor and measure social performance

Supply Chain Management

Responsible Procurement
  • Prioritizing local procurement at Juanicipio Project

Climate-Related Risks & Opportunities

Transition Risks
  • Regulatory changes in Mexico affecting renewable energy
Opportunities
  • Increased use of renewable energy

Reporting Standards

Frameworks Used: TCFD

Certifications: ISO 14001 (Environment), ISO 45001 (OH&S)

UN Sustainable Development Goals

  • Not disclosed

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:19,677 tCO2e
Scope 1 Emissions:18,808 tCO2e
Scope 2 Emissions:17 tCO2e
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:373,271 GJ
Water Consumption:445,860 m3
Waste Generated:909 tons (domestic and industrial)
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Governance
  • Health & Safety
  • Our People
  • Local Communities
  • Environmental Stewardship

Environmental Achievements

  • 68% of all waste recycled
  • 108,455 plants transplanted, relocated or rescued
  • Water stewardship incorporates repurposed wastewater

Social Achievements

  • Zero fatalities
  • “I Care, We Care” Social Management System implemented
  • 13 community engagement initiatives

Governance Achievements

  • Zero incidents of ethical conflict or corruption
  • Updated policies—Human Rights, Diversity, Equity & Inclusion (DE&I)

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Continued effects of the COVID-19 pandemic
  • Cost inflation and ongoing global and regional supply constraints
  • Security challenges due to the presence of criminal elements in the region (Juanicipio)
Mitigation Strategies
  • Flexible hybrid work model
  • Preventive reporting in safety culture
  • Collaboration with municipal, state and national security forces (Juanicipio)

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Prioritization of local procurement

Climate-Related Risks & Opportunities

Physical Risks
  • Water stress
  • Energy consumption
Transition Risks
  • Changes in climate change regulations
Opportunities
  • Increased access to clean energy sources; improvements to energy efficiency

Reporting Standards

Frameworks Used: SASB, UN Global Compact, GRI

Certifications: Healthy Company Certification (Mexico), Safe and Healthy Working Environment (ELSSA) IMSS (Mexico)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed