Climate Change Data

Environmental Metrics

ESG Focus Areas

• Responsible Mining
• Human Rights
• Environmental Performance
• Social Performance
• Governance
• Climate Change
• Labor-Management Relations
• Resettlement

Environmental Achievements

• Achieved zero level three or greater environmental events
• Achieved 87% corporate environmental audit compliance
• 90% of planned rehabilitation completed
• Haile Gold Mine achieved full compliance certification from the International Cyanide Management Institute (ICMI)

Social Achievements

• Total recordable injury frequency rate (TRIFR) decreased from 4.53 in 2018 to 3.57 in 2019
• Employee turnover decreased from 23% in 2018 to 13% in 2019
• Invested US$3,880,552 in social programs, donations, in-kind support, and community infrastructure
• Percentage of women in leadership positions increased

Governance Achievements

• Launched the OceanaGold Responsible Mining Framework
• Launched the External Affairs and Social Performance management system
• Completed human rights impact assessments at Haile and Didipio Mines
• Reviewed and updated the Anti-Bribery and Anti-Corruption Policy

Climate Goals & Targets

Environmental Challenges

• Temporary suspension of underground mining at Didipio Mine in July 2019 and processing in October 2019 due to roadblocks preventing access for supplies and concentrate transport
• Ongoing grievances over surface rights acquisition at the Didipio Mine
• Strike by a small number of employees at Waihi Operation during union negotiations

Mitigation Strategies

• Voluntarily ceased all trucking in and out of the Didipio Mine to prevent escalation
• Legal action to challenge the legality of the Governor’s order in the Philippines
• Notices of Temporary Lay-Off issued to Didipio Mine employees (deferred until April 2020)
• Ongoing engagement with the Nueva Vizcaya Provincial Government and other stakeholders

Supply Chain Management

Responsible Procurement

• Prioritization of local procurement

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards – Core Option, GRI G4 Mining and Metals Sector Disclosures, ICMM Sustainable Development Framework, UN Global Compact

Certifications: ISO 14001 (implied), ISO 45001 (implied)

Third-party Assurance: Bureau Veritas

Awards & Recognition

• Various awards received at Didipio, Haile, Waihi, and Macraes operations

Environmental Metrics

ESG Focus Areas

• Responsible Mining
• Climate Change
• Human Rights
• Community Engagement
• Environmental Management
• Health and Safety
• Governance and Ethics

Environmental Achievements

• Achieved zero level three or greater environmental events
• Achieved 84% corporate environmental audit compliance
• Commenced first assessment of Scope 3 emissions
• Protected 512 hectares of additional wetland areas at Haile Gold Mine
• Completed 18 hectares of aerial seeding on the Top Tipperary Tailings Embankment at Macraes

Social Achievements

• Invested over US$4 million in social programs, donations, in-kind support and community infrastructure
• Prioritised local procurement, investing over US$99 million in local procurement and US$135.8 million in employee wages and benefits
• Completed HRIA at Haile Gold Mine and commenced HRIAs at Waihi and Macraes
• Released first Modern Slavery Statement
• Implemented a new Speak Up Policy

Governance Achievements

• Strengthened corporate governance, ethics and compliance
• Commenced responsible supply chain program
• Reissued corporate governance documents to meet globally benchmarked performance expectations
• Maintained “A” rating with MSCI and “outperformer” ranking by Sustainalytics

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacting operations and communities globally
• Suspension of Didipio Mine operations throughout 2020
• Restriction of supply to Didipio Mine
• Two rounds of employee redundancies at Didipio Mine (584 employees)
• Stakeholder concerns regarding environmental and human rights performance at Didipio Mine

Mitigation Strategies

• Adopted common intervention and control strategies to protect workforce health and wellbeing
• Continued supporting workforce and communities
• Focused on renewing FTAA for Didipio Mine
• Provided support to employees impacted by redundancies
• Engaged proactively with government agencies and stakeholders
• Provided COVID-19 relief for communities
• Implemented emergency back-up fuel deliveries to Didipio Mine

Supply Chain Management

Responsible Procurement

• Group-wide Procurement Standard
• Pre-qualification assessment for major contracts
• Onboarding training for contractors
• Development of a Responsible Supply Chain Framework

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Improved energy efficiency
• Decarbonisation of energy supply

Reporting Standards

Frameworks Used: GRI Standards – Core Option, GRI G4 Mining and Metals Sector Disclosures, UN Global Compact, TCFD

Certifications: ISO 14001, ISO 45001

Third-party Assurance: Bureau Veritas

Environmental Metrics

ESG Focus Areas

• Responsible Gold Mining Principles (RGMP)

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Responsible Gold Mining Principles (RGMP), Assurance Framework for the Responsible Gold Mining Principles, Guidance on Implementing and assuring the RGMPs: Supplement to the Assurance Framework

Third-party Assurance: Bureau Veritas Australia Pty Ltd