Centerra Gold Inc.
Climate Impact & Sustainability Data (2010, 2016, 2017, 2018, 2019, 2021, 2023)
Reporting Period: 2010
Environmental Metrics
ESG Focus Areas
- Health and Safety
- Environment
- Community
- Governance and Standards
Environmental Achievements
- Began reforestation project at Boroo
- Enhanced waste management and recycling processes
- Reduced spills by 25% in 2010 at Boroo
Social Achievements
- Assisted with a development organization to establish its small business development committee near Kumtor
- Operated the fruit-processing plant in the Jety Oguz Region
- Partnered with Canadian Department of Foreign Affairs to improve community development
Governance Achievements
- Completed gap analysis for International Cyanide Management Code
- Established Board CSR Committee and published first CR report
- Obtained CN Code certification
Climate Goals & Targets
- Not disclosed
- Achieve CN Code certification
- Reduce total spills by 10% over 2010
- Implement a full waste management program at Boroo
Environmental Challenges
- Boroo workforce reduction
- One medium-volume, uncontained fuel spill at Boroo
- Gatsuurt permitting pending due to Water and Forest Law
- Political unrest in Kyrgyz Republic
Mitigation Strategies
- Immediate containment and remediation of fuel spill at Boroo
- Improved pre-operation inspection and maintenance
- Innovative reforestation and tree offset plan for Gatsuurt
- Close working relationships with Kyrgyz stakeholders
Supply Chain Management
Responsible Procurement
- Local procurement emphasized
Climate-Related Risks & Opportunities
Physical Risks
- Increased storm intensity, drought, receding glaciers
Reporting Standards
Frameworks Used: GRI (G3 C-level)
Certifications: CN Code
Reporting Period: 2016
Environmental Metrics
ESG Focus Areas
- Governance
- Sustainability Management
- Stakeholder Engagement
- Human Rights
- Environmental Protection
- Occupational Health & Safety
- Workplace Practices
- Fostering Local Economies
- Local Communities
- Business Development
- Closure Planning
- Energy and Climate
Environmental Achievements
- Kumtor Mine completed update of Conceptual Closure Plan
- Local procurement at Kumtor increased
- Received forestry usage permit and operating permit for the Öksüt Project
- Carried out EBRD-Environmental and Social Impact Assessment disclosure events in all key communities in Mongolian operations
- Mount Milligan Mine is a zero-discharge operation, where 99% of the water used in mining is recycled.
Social Achievements
- Rolled out a new Centerra-branded safety leadership program called Work Safe, Home Safe across all assets and business units
- Kumtor Mine increased local procurement
- Two principal operations (Kumtor and Mount Milligan) spent approximately $78 million on local procurement in 2016
- Implemented a specific management plan to deal with the threat of illegal incursions and mining at Boroo and Gatsuurt sites while ensuring alignment with the Voluntary Principles on Security & Human Rights (VPs)
- Completed a feasibility study on Greenstone Gold Mines Hardrock Project
Governance Achievements
- Completed $1.03 billion acquisition of Thompson Creek Metals Company Inc.
- Entered into a project debt financing facility of $150 million with UniCredit and the European Bank for Reconstruction and Development to finance the eventual development of the Öksüt Project.
- Established a new credit facility with a syndicate of lenders, amounting to $325 million which was used for the acquisition of Thompson Creek Metals.
Climate Goals & Targets
- Not disclosed
- Not disclosed
- Reduce the volume of solid domestic waste to be landfilled by 50% at Kumtor Mine
- Reduce waste management costs by 20% at Kumtor Mine
- Complete implementation of Work Safe | Home Safe program at KGC by the end of Q4 2017
Environmental Challenges
- One fatality at Kumtor
- Various commissions, inquiries, and investigations by Kyrgyz authorities alleging non-compliance with Kyrgyz laws and environmental damage at Kumtor Mine
- Challenges to procure goods locally in Mongolia (lack of existing businesses, unsatisfactory quality, low financial literacy)
- Court decision restricting the ability of KGC to transfer assets in June 2016
- Geotechnical challenges at various sites (waste dump movement, glacier movement, pit wall stability, tailings dam stability, etc.)
Mitigation Strategies
- Appealed court decisions related to Kumtor Mine; entered into a comprehensive settlement in September 2017
- Developed and implemented a specific management plan to deal with illegal incursions and mining in Mongolia
- Developed 10 local suppliers in Mongolia
- Implemented a range of adaptive practices to respond to current and potential disruptions tied to climate change (revised emergency preparedness procedures, focused on site water management measures and waste recycling programs)
- Wide range of monitoring practices, risk assessments, advanced technologies, third-party reviews, stakeholder engagement, retaining experts, maintaining special policies and procedures, and undertaking operational measures to address geotechnical challenges
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Strict criteria for local suppliers (sustainability, quality, price)
- Support for existing and potential local suppliers to overcome barriers
- Proactive seeking out of local vendors in Canada, with extra weighting given to local businesses in comparable bids
Climate-Related Risks & Opportunities
Physical Risks
- Alpine warming trends and alpine glacial retreat at Kumtor Mine
- Water scarcity in Mongolia
Transition Risks
- Regulatory changes related to glacier management
Opportunities
- Energy efficiency improvements
Reporting Standards
Frameworks Used: GRI Standards: Core option, GRI’s Mining and Metals Sector Supplement
Certifications: ISO 14001 (generally aligned)
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Certificate of Compliance with the International Cyanide Management Code (ICMI)
Reporting Period: 2017
Environmental Metrics
ESG Focus Areas
- Governance
- Sustainability Management
- Stakeholder Engagement
- Human Rights
- Fostering Local Economies
- Environmental Protection
- Occupational Health & Safety
- Workplace Practices
Environmental Achievements
- Reduced water consumption at Mount Milligan Mine through recycling (98% recycled water)
- 100% of industrial waste recycled at Kumtor Mine
- Implemented a biodegradable waste processing station at Kumtor Mine
Social Achievements
- Launched safety leadership program "Work Safe - Home Safe"
- Increased local procurement at Kumtor Mine (22% in 2017)
- Developed 10 local suppliers at Boroo Mine in Mongolia
- Implemented a Community Development Plan (CDP) for all operational sites and projects
- Invested over $59.8 million in the Issyk-Kul Development Fund (IKDF) since 2009
Governance Achievements
- Entered into a comprehensive settlement agreement with the Government of the Kyrgyz Republic to resolve outstanding matters affecting the Kumtor Project
- Completed rollout of safety leadership program across all assets and business units
- Exceeded 2017 guidance for all-in sustaining costs
Climate Goals & Targets
- Not disclosed
- Not disclosed
- Not disclosed
Environmental Challenges
- One fatality at Kumtor Mine
- Temporary shutdown of Mount Milligan mill due to fresh water shortage
- Allegations of non-compliance with Kyrgyz laws and environmental damage at Kumtor Mine
- Illegal/artisanal mining at Mongolian sites (Boroo and Gatsuurt)
- Geotechnical challenges at various mine sites
Mitigation Strategies
- Investigation and revised procedures for maintenance of light vehicles at Kumtor and all sites
- Restarted Mount Milligan mill once sufficient water became available
- Entered into a strategic agreement with the Government of the Kyrgyz Republic to resolve outstanding issues at Kumtor Mine
- Implemented a specific management plan to deal with illegal mining at Gatsuurt, aligning with the Voluntary Principles of Security & Human Rights
- Risk assessments, geotechnical committees, advanced monitoring technologies, third-party reviews, stakeholder engagement, and retaining experts to manage geotechnical challenges
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Strict criteria for local suppliers (Kumtor)
- Support for existing and potential local suppliers (Kumtor)
- Building a local supplier database (Mount Milligan)
- Prioritizing local businesses in bidding (Canada)
Climate-Related Risks & Opportunities
Physical Risks
- Alpine warming trends and glacial retreat (Kumtor)
- Water scarcity (Mount Milligan)
- Extreme weather events
Transition Risks
- Regulatory changes
- Market shifts
Opportunities
- Energy efficiency improvements
Reporting Standards
Frameworks Used: GRI Standards: Core option, GRI’s Mining and Metals Sector Supplement
Certifications: ISO 14001 (at various sites)
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2018
Environmental Metrics
ESG Focus Areas
- Environmental Responsibility
- Occupational Health and Safety
- Community Investment
- Economic Performance
- Biodiversity
- Glacier Management
- Water Management
- Ethical Conduct and Anti-Corruption
- Local Procurement
Environmental Achievements
- Spent about $5.7 million for environmental assessment and protection.
- Recycled 100% of industrial waste for the fourth consecutive year.
- Reduced the volume of solid domestic waste to be landfilled.
- Achieved 100% composting of food waste from the camp kitchen.
Social Achievements
- Employed 3,491 people, with Kyrgyz nationals making up more than 98% of full-time staff.
- Contributed $7.3 million to the Issyk-Kul Development Fund.
- Employees volunteered more than 5,000 hours to social work.
- Implemented Work Safe | Home Safe Safety Leadership program.
Governance Achievements
- Established a Compliance and Projects department to ensure compliance.
- Implemented Centerra’s Work Safe | Home Safe program Phase II.
- Developed an online video for anti-corruption training.
Climate Goals & Targets
- Mine closure in 2026
- Not disclosed
- Not disclosed
Environmental Challenges
- Geotechnical issues related to ground movement in the pit and dumps.
- Completion of the Strategic Agreement with the Kyrgyz Republic Government.
- Challenges in local procurement due to limited experience in the region.
- High dust levels in the Barskoon Valley.
Mitigation Strategies
- Implemented various safety initiatives and the Work Safe | Home Safe program.
- Continued cooperation with the Kyrgyz Republic Government to satisfy conditions precedent to the completion of the Strategic Agreement.
- Supported potential local suppliers and helped them overcome barriers.
- Watered down road to reduce dust levels.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Local procurement policy, supporting local businesses.
Climate-Related Risks & Opportunities
Physical Risks
- Glacial Lake Outburst Flood (GLOF)
Transition Risks
- Changes in legislation regarding glacier protection.
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI Standards: Core option
Certifications: International Cyanide Management Institute (ICMI) certified for cyanide transportation
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Clean Water and Sanitation
- Responsible Consumption and Production
- Good Health and Well-being
- Decent Work and Economic Growth
- Industry, Innovation and Infrastructure
- Partnership for the Goals
KGC's initiatives contribute to these goals through responsible environmental management, community investment, employee well-being, and local economic development.
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Best in the nomination “Community Service” from the American Chamber of Commerce in the Kyrgyz Republic.
Reporting Period: 2019
Environmental Metrics
ESG Focus Areas
- Environmental Protection
- Occupational Health and Safety
- Community Development
- Economic Contribution
- Governance
- Biodiversity
Environmental Achievements
- No reportable spills > Level 1
- STP construction completed
- ETP upgrade completed
- Annual average ammonia discharge from the ETP was compliant with MAD discharge limits
- Conceptual Closure Plan (CCP) updated and supplemented
- 100% recycling of industrial waste
- Reduction of the volume of solid domestic waste to be landfilled
- 100% composting of food waste from the camp kitchen
Social Achievements
- Increased the percentage of Kyrgyz Republic citizens among the Company staff to 99%
- Spent about $71 million on local procurement
- Contributed $8.5 million to the Issyk-Kul Development Fund
- Implemented Work Safe | Home Safe (WS | HS) Phase II
- Implemented Visible Felt Leadership (VFL) Program for managers
- Completed 3,845 employee trainings totaling 133,026 hours
- Zero days of material business interruptions
Governance Achievements
- Established Compliance and Projects department
- Resolved all environmental claims through the pre-trial process
- Obtained all necessary permits for 2020
- Implemented a critical control management program for 10 key Safety risks
- Introduced the Visible Felt Leadership Program for supervisors
- Released an online anti-corruption training video
Climate Goals & Targets
- Not disclosed
- Extend the life of the mine beyond 2026
- Reduce TRIFR to less than 0.13
- Conduct WS | HS Phase III Refresher Training
- Improve VFL training program for all KGC supervisors
- Commence implementation of Critical Controls Management Standard for all critical risks
- Increase ETP capacity
- Implement CCP recommendations
Environmental Challenges
- Rockslide at the Kumtor Lysyi waste rock dump resulting in two employee deaths
- Geotechnical conditions of the pit and waste dumps
- Compliance with all permits/approvals, including the Strategic Agreement
- Corruption risks in Kyrgyzstan
- Dust burden along the access road passing through the Barskoon Valley
- Vandalism of dust monitoring stations
Mitigation Strategies
- Search and rescue operations
- Investigation into the causes of the rockslide
- Implementation of measures to reduce the rate of dump deformations
- Engagement of independent third party geotechnical consultants
- Implementation of the Strategic Agreement
- Zero-tolerance policy for unethical behavior
- Compliance Hotline
- Regular watering of the road
- Installation of dust counters and sensors
- Implementation of critical control measures for light vehicles
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- 100% of food products purchased locally since 2008
- About 2/3 of active KGC suppliers are residents of the Kyrgyz Republic
Climate-Related Risks & Opportunities
Physical Risks
- Glacial Lake Outburst Flood (GLOF)
Transition Risks
- Changes in Kyrgyz Republic legislation regarding glacier protection
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI Standards: Core option
Certifications: International Cyanide Management Code (for cyanide transportation)
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Clean Water and Sanitation
- Responsible Consumption and Production
- Good Health and Well-being
- Decent Work and Economic Growth
- Industry, Innovation and Infrastructure
- Partnership for the Goals
KGC's initiatives contribute to these goals through environmental protection, occupational health and safety programs, community development projects, and economic contributions.
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- 2019 Central Asia HR Brand Award
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Climate Change
- Diversity, Equity & Inclusion (DE&I)
- Health and Safety
- Water Stewardship
- Biodiversity
- Human Rights
- Community Relations
- Responsible Gold Mining Principles (RGMPs)
Environmental Achievements
- GHG emissions intensity decreased by 30% to 0.35 tonnes of CO2 equivalent per ounce (tCO2e)
- Overall GHG emissions decreased by 74% year-on-year (excluding Kumtor)
- Öksüt's ADR facility and heap leach area recycled water accounted for 30.95% of total water usage
- Mount Milligan won a progressive Reclamation Award
Social Achievements
- Extraordinary progress on global DE&I strategic plan; 18% of leadership roles globally held by women
- Indigenous representation in British Columbia operations increased by 2% to 18% (50% higher than Canadian average)
- Zero fatalities in 2021
- Reduction in total number of reportable injuries (27 in 2021 vs 37 in 2020)
- Increased local procurement spend at Mount Milligan by 20%
- Öksüt significantly increased community investment (tripled to $1.5 million)
- Öksüt drastically reduced the number of grievances received year-over-year
Governance Achievements
- Successfully completed Year 2 RGMP assurance; on track for full conformance by September 2022
- Öksüt Mine’s Health and Safety Management System certified under ISO 45001
- Executive compensation linked to RGMP implementation in 2021
Climate Goals & Targets
- Achieve full conformance with RGMPs by September 2022
- Develop a comprehensive climate change strategy in 2022
Environmental Challenges
- COVID-19 pandemic
- Illegal seizure of Kumtor Mine by Kyrgyz Republic government
- Climate change risks (water availability, wildfires, extreme weather)
- Regulatory changes related to GHG emissions
Mitigation Strategies
- Global Crisis Management Team implemented pandemic response plan
- Improved water management at Mount Milligan and Öksüt
- Wildfire response plan developed at Mount Milligan
- Proactive monitoring and assessment of regulatory environment
- Development of a comprehensive climate change strategy (to be implemented in 2022)
Supply Chain Management
Responsible Procurement
- Supplier Code of Conduct
- Strategic sourcing in North America to mitigate risks
Climate-Related Risks & Opportunities
Physical Risks
- Water availability
- Wildfires
- Inclement weather
- Seismic events
Transition Risks
- Regulatory changes
- Market shifts
Opportunities
- Energy efficiency improvements
- Development of new water sources
Reporting Standards
Frameworks Used: SASB Metals & Mining Industry Standard, GRI Standards, TCFD
Certifications: ISO 14064-3 (GHG emissions verification), ISO 45001 (Öksüt Mine's H&S Management System)
UN Sustainable Development Goals
- SDG 3 (Good Health and Well-being)
- SDG 5 (Gender Equality)
- SDG 6 (Clean Water and Sanitation)
- SDG 8 (Decent Work and Economic Growth)
- SDG 12 (Responsible Consumption and Production)
- SDG 15 (Life on Land)
Centerra's initiatives contribute to these SDGs through various environmental, social, and governance programs and policies.
Awards & Recognition
- 44th Annual Reclamation Award (Mount Milligan)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Governance
- Health and Safety
- Environmental Stewardship
- Climate Change
- Social Performance
Environmental Achievements
- Öksüt Mine attained certification from the International Cyanide Management Institute, confirming complete adherence to the International Cyanide Management Code.
- Mount Milligan Mine was awarded a Mine Reclamation Award from the British Columbia Technical and Research Committee on Reclamation.
Social Achievements
- Reduced the total number of reportable incidents by 17%.
- Increased local procurement spend in British Columbia by 29% and continued to strengthen relationships with local suppliers.
- Contributed over $3.2 million in community investments and donations across our operations.
Governance Achievements
- Centerra achieved its 2026 gender diversity goal two years ahead of schedule.
- The Company has female representation among directors and officers of 38% and 33%, respectively.
- Centerra received independent assurance of its conformance with the 51 Responsible Gold Mining Principles.
Climate Goals & Targets
- Öksüt Mine to achieve ISO 50001 energy management system certification by the end of 2024.
- Identify feasible emission reduction pathways and initiatives, establishing attainable targets in 2024.
Environmental Challenges
- Mercury detection in the Öksüt Mine's ADR plant, leading to temporary production halt.
- Climate-related risks such as water stress, wildfires, and extreme heat events.
Mitigation Strategies
- Construction and commissioning of a mercury abatement system at Öksüt Mine.
- Qualitative scenario analyses conducted on Company-wide physical and transitional risks to further the Climate and Nature Strategy.
- Implementation of Wildfire Trigger Action Response Plan and site-wide wildfire evacuation plan at Mount Milligan.
- Heat management processes audited by a third party at Öksüt.
Supply Chain Management
Responsible Procurement
- Prioritization of local vendors.
- Supplier Code of Conduct.
Climate-Related Risks & Opportunities
Physical Risks
- Water stress
- Wildfires
- Extreme heat events
Transition Risks
- Carbon pricing
- Access to capital
- Increasing reporting requirements
- Societal pressure for decarbonization
Opportunities
- Energy efficiency improvements
- Development of low-carbon technologies
Reporting Standards
Frameworks Used: SASB, GRI, TCFD, RGMPs
Certifications: ISO 14001 (Öksüt), International Cyanide Management Code (Öksüt)
Third-party Assurance: Cedar Water Strategy
UN Sustainable Development Goals
- 3
- 5
- 6
- 8
- 12
- 13
- 15
- 17
Centerra's initiatives contribute to these SDGs through various programs and policies related to health and safety, gender equality, water management, economic growth, responsible consumption and production, climate action, biodiversity, and partnerships.
Awards & Recognition
- Mine Reclamation Award (Mount Milligan)