Climate Change Data

Endeavour Silver Corp.

Climate Impact & Sustainability Data (2013, 2014, 2015, 2016, 2019, 2021, 2022, 2022-2024, 2023)

Reporting Period: 2013

Environmental Metrics

Total Carbon Emissions:67,937 tCO2e/year
Scope 1 Emissions:23,500 tCO2e/year
Scope 2 Emissions:44,437 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:668,362.42 GJ/year
Water Consumption:3,788,317 m3/year
Waste Generated:28,720 kg hazardous waste; 594,000 kg scrap metal; 31,120 kg tires; 78,690 L liquid waste
Carbon Intensity:0.04 tCO2e/tonne processed

ESG Focus Areas

  • Economic Value Distribution
  • Local Hiring and Community Relations
  • Procurement Practices
  • Health and Safety
  • Water Management
  • Waste Management
  • Greenhouse Gas Emissions
  • Community Engagement
  • Mine Closure Planning

Environmental Achievements

  • Recycled and reused 81.28% of total water withdrawal across operations.
  • Reduced GHG emissions intensity to 0.04 tCO2e/tonne processed.

Social Achievements

  • Implemented local community engagement programs benefiting 45,002 individuals.
  • Invested $480,445 in community development initiatives.

Governance Achievements

  • Developed closure plans for all three operating sites, with financial provisions totaling $6,352,000.

Climate Goals & Targets

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

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • 92% of procurement spent locally (state and nation wide)

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2014

Environmental Metrics

Total Carbon Emissions:81,146 tCO2e/year
Scope 1 Emissions:22,122 tCO2e/year
Scope 2 Emissions:59,024 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:753,438 GJ/year
Water Consumption:3,226,125 m3/year
Waste Generated:Not disclosed
Carbon Intensity:0.058 tCO2e per tonne of material processed

ESG Focus Areas

  • Governance
  • Economic
  • Health and Safety
  • Labour Relations
  • Natural Resources
  • Waste
  • Energy
  • Social (Community)

Environmental Achievements

  • Rehabilitated over twenty-one hectares of land across our operations
  • Planted nearly 40,000 trees
  • Implemented a company-wide garbage separation program
  • All sites now have water monitoring programs exceeding regulatory expectations
  • 22% improvement in reportable injury frequency rate

Social Achievements

  • All three mines awarded the distinction of Socially Responsible Company (Empresa Socialmente Responsible)
  • Bolañitos and El Cubo received a Promoting Environmental Culture award
  • Contributions to education and employability remain one of our top community investment priorities
  • Self employment initiatives at Bolañitos continue to grow

Governance Achievements

  • Updated Anti-Bribery and Anti-Corruption Policy to include the Corruption of Foreign Public Officials Act (Canada)
  • Created and implemented a separate Anti-Bribery and Anti-Corruption Policy
  • Successfully renegotiated the annual union contract at El Cubo, including a salary increase

Climate Goals & Targets

Long-term Goals:
  • Become a premier senior silver producer
  • Make a positive difference in people’s lives
Medium-term Goals:
  • Achieve zero fatalities
  • Achieve minimum 18% reduction in the Reportable Injury Frequency Rate
  • Reduce energy consumption by at least 4%
  • Develop at least one social closure action plan
Short-term Goals:
  • Implement a formal complaint and feedback mechanism
  • Implement a new five Point Safety Inspection Program

Environmental Challenges

  • Two fatal accidents at mining operations in early 2014
  • Falling precious metal prices
  • Higher than normal absenteeism rate at El Cubo
  • Historically challenging relationship with a union at El Cubo
  • High turnover rate across operations
  • Security risks associated with mining operations
Mitigation Strategies
  • Immediately closed affected mine areas and conducted investigations
  • Put every employee through rigorous safety training program
  • Brought in external safety experts for company-wide assessment and intensive safety training
  • Developed an aggressive new mine plan for El Cubo to reduce unit operating costs
  • Implemented a full safety retraining program at all three mines
  • Hired a Safety Manager and Safety Training Coordinator
  • Developed a new five Point Safety Inspection Program
  • Improved communication and cooperation with unions
  • Renegotiated union contracts
  • Implemented measures to improve security, including additional security staff and improved procedures

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Contracting Services and Working with Third Parties Policy
  • Preference given to local suppliers in competitive bidding

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI G4 Sustainability Reporting Guidelines

Certifications: Empresa Socialmente Responsible, Promoting Environmental Culture, Gender Equity Model Certification

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Socially Responsible Company (Empresa Socialmente Responsible)
  • Promoting Environmental Culture

Reporting Period: 2015

Environmental Metrics

Total Carbon Emissions:79,481 tCO2e
Scope 1 Emissions:14,866 tCO2e
Scope 2 Emissions:64,615 tCO2e
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:718,164 GJ
Water Consumption:5,527,492 m3
Waste Generated:Not disclosed
Carbon Intensity:0.051 tCO2e/tonne processed

ESG Focus Areas

  • Economic Performance
  • Market Presence
  • Indirect Economic Impacts
  • Procurement Practices
  • Labour Practices
  • Environment
  • Water
  • Effluents and Waste
  • Energy
  • Biodiversity
  • Compliance
  • Society
  • Local Communities

Environmental Achievements

  • Reduced hazardous waste intensity from 0.036 kg per tonne of processed ore in 2014 to 0.022 kg in 2015
  • Increased percentage of water recycled and reused from 87.7% in 2014 to 89.2% in 2015
  • Planted 31,318 trees

Social Achievements

  • Community investment of $456,551 benefiting 17,982 people
  • Improved safety performance with lower injury rates compared to previous years

Governance Achievements

  • Implemented standardized tracking of community investment beneficiaries

Climate Goals & Targets

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

Environmental Challenges

  • Maintaining high standards of environmental compliance
  • Managing water usage and discharge
  • Minimizing waste generation
Mitigation Strategies
  • Investing in environmental protection and monitoring
  • Implementing water recycling and reuse programs
  • Improving waste management practices

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • 18% of procurement spent locally (within state)

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2016

Environmental Metrics

Total Carbon Emissions:73,407 tCO2e/year
Scope 1 Emissions:9,018 tCO2e/year
Scope 2 Emissions:64,391 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:636,000 GJ/year
Water Consumption:5,381,280 m3/year
Waste Generated:Not disclosed
Carbon Intensity:0.050 tCO2e/tonne of processed material

ESG Focus Areas

  • Governance
  • Economic Performance
  • Environmental Protection
  • Health and Safety
  • Community Engagement

Environmental Achievements

  • Reduced total energy consumption by 12%
  • Recycled approximately 91% of water used
  • Planted approximately 34,500 trees with an 87% survival rate
  • Zero spills

Social Achievements

  • All three mines received the Socially Responsible Company award from CEMEFI
  • Reduced Reportable Injury Frequency Rate by 6.6%
  • Provided 68,079 hours of employee training and 39,351 hours of induction training
  • Trained 21 local residents for the Terronera project

Governance Achievements

  • Developed a formal internal grievance mechanism for employees and contractors
  • Developed an external grievance mechanism for community members and other stakeholders

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • AISC of less than $15.00/oz
  • Consolidated direct costs less than or equal to $72/tonne
  • Zero spills
  • Reduce fresh water intensity by 5%
  • Source 5% of energy from green energy
  • Implement Community Investment Policy with 50% funding for education and employability

Environmental Challenges

  • One fatality at Guanaceví mine due to a rock fall incident
  • Increase in Lost Time Injury Severity rate (17%) and Lost Time Injury Frequency rate (37%)
  • Environmental permitting becoming more stringent and unpredictable
  • Community concerns regarding road conditions, water damage to homes, dust generation, and tailings ponds
Mitigation Strategies
  • Implemented additional procedures, training, and safeguards following the fatality
  • Hired a new Regional Health and Safety Manager
  • Adding expertise in environmental permitting to the management team
  • Addressing community concerns through dialogue, repairs, and improvements to infrastructure and processes

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Contracting Services and Working with Third Parties Protocol; priority given to local suppliers

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Environmental regulatory changes, new environmental taxes
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI G4

Certifications: ISO 9001 (Guanaceví and Bolañitos), Socially Responsible Company (CEMEFI and Alliance for Social Responsibility)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Socially Responsible Company award (CEMEFI and Alliance for Social Responsibility)

Reporting Period: 2019

Environmental Metrics

ESG Focus Areas

  • Sustainability

Social Achievements

  • Released 2019 Sustainability Report outlining sustainability initiatives and results.

Climate Goals & Targets

Environmental Challenges

  • Suspension of mining operations due to the COVID-19 pandemic.
Mitigation Strategies
  • Implemented a coronavirus prevention and response plan; sent employees home on full salary during suspension; restarted operations with health protocols and ore stockpiles; adjusted mine plans to enhance short-term cash flow.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2021

Environmental Metrics

Renewable Energy Share:7.5%
Carbon Intensity:0.057 CO2e per tonne (2021)

ESG Focus Areas

  • People
  • Planet
  • Business

Environmental Achievements

  • 93% water recycling and reuse rate
  • 21% reduction in hazardous waste intensity
  • 54,750 trees planted in reforestation projects, with a survival rate of 84%
  • 12% decrease in Greenhouse Gas emissions intensity

Social Achievements

  • 42% reduction in reportable injury rate (RIR)
  • Average of 44 training hours provided to employees and contractors
  • $302K USD contributed to help build resilient and thriving communities

Governance Achievements

  • 100% of employees completed training on our Code of Business Conduct & Ethics
  • Sustainability Strategy developed to guide sustainability efforts for the next three years (2022-2024)
  • 98.8% of procurement was from local and national suppliers in Mexico

Climate Goals & Targets

Long-term Goals:
  • Net zero emissions (target year not specified)
Medium-term Goals:
  • Achieve zero fatalities and accidents; maintain or improve Lost-Time Incident (LTI) score
  • Reduce emissions intensity of operating sites
  • Increase representation of women on the board
Short-term Goals:
  • Align Endeavour's Safety System with ISO 45001
  • Reduce emissions intensity of operating sites

Environmental Challenges

  • One fatality in Guanaceví
  • COVID-19 pandemic impacts
  • Increased energy consumption and emissions due to production increase and new mining area in Bolañitos
Mitigation Strategies
  • Implemented over a dozen measures to prevent similar fatalities, including enhanced contractor training and improved on-site contractor management
  • Maintained and intensified health protocols at operations
  • Implemented measures to streamline energy needs and costs at all sites (timers on equipment, more efficient long-haul production equipment, adjusted water pump capacity)
  • Exploring LNG and natural ventilation for Terronera

Supply Chain Management

Responsible Procurement
  • Preference for local and national suppliers in Mexico
  • Updated policy on Contracting Goods and Services and Working with Third Parties

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
Transition Risks
  • Regulatory changes, market shifts
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards: Core option, SASB

Certifications: ISO 14001

UN Sustainable Development Goals

  • Goal 4 (Quality Education)
  • Goal 7 (Affordable and Clean Energy)
  • Goal 8 (Decent Work and Economic Growth)
  • Goal 13 (Climate Action)

Initiatives such as the Endeavour Scholarship Program, energy efficiency measures, local hiring, and reforestation contribute to these goals.

Awards & Recognition

  • 'Socially Responsible Company' Distinction from CEMEFI

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:54,602 tonnes of CO2 equivalent
Renewable Energy Share:13.9% (Bolañitos)
Water Consumption:3.4 million m3
Carbon Intensity:0.064 tCO2e per unit of output

ESG Focus Areas

  • Safety, Health & Wellness
  • Engaged & Inclusive Workplace
  • Thriving Communities
  • Carbon Footprint
  • Tailings & Waste Management
  • Water & Biodiversity Stewardship
  • Governance & Risk Management
  • Ethical Culture
  • Sustainable Supply Chain

Environmental Achievements

  • Zero significant environmental spills or incidents
  • 94% water recycling and reuse rate
  • 61,905 trees planted in reforestation projects, with an average survival rate of 80%
  • 78% of waste diverted from landfills
  • Minimized emissions intensity of operating sites to 0.064 (2021: 0.057)

Social Achievements

  • Reportable injury rate (RIR) dropped to 0.87, from 1.22 in 2021
  • 15% women in the workforce, 18% in leadership positions
  • 98% of the workforce in Mexico from within the country
  • 30 average training hours per employee and contractor
  • $433,167 in community investments
  • 155 scholarships granted

Governance Achievements

  • 100% of employees completed training on the Code of Business Conduct and Ethics
  • Human Rights Policy published
  • Published TCFD disclosures
  • Average complaint resolution time was 27 days

Climate Goals & Targets

Long-term Goals:
  • Align Endeavour’s Safety Management System with ISO 45001
  • Achieve zero fatalities and accidents
  • Maintain or improve LTI score
  • Reduce absenteeism rate
  • Expand mental wellness programs
Medium-term Goals:
  • Invest $2.0M in community programs
  • Award 500 scholarships
  • Increase general business or employability skills
  • Grow small businesses in local communities
  • Improve community health services
Short-term Goals:
  • Decrease average turnover to 17.5%
  • Maintain or increase local hiring percentage
  • Achieve 16% women in our workforce, 25% in leadership positions
  • Improve employee engagement
  • Provide 48 hours of training per worker annually

Environmental Challenges

  • Turbulent macroeconomic environment, from price, cost and supply chain pressures
  • Increased energy consumption (7% over 2021), resulting in an 8% increase in GHG emissions
  • Increased hazardous waste intensity (38% increase compared to 2021)
  • Turnover rose to 17.5%, from 16.3%
  • Decreased percentage of procurement from Mexico (90% in 2022 vs 99% in 2021)
Mitigation Strategies
  • Implementing the 2022-2024 Sustainability Strategy
  • Revamping the onboarding process to reduce turnover
  • Implementing new safety strategies
  • Implementing a supplier prequalification questionnaire with ESG criteria
  • Developing local suppliers in the area

Supply Chain Management

Supplier Audits: 30% of suppliers evaluated by 2024

Responsible Procurement
  • Endeavour’s Code of Conduct
  • Policy on Procurement and Contracts
  • Local sourcing

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards, SASB standards

Awards & Recognition

  • ‘Socially Responsible Company’ distinction by the Mexican Center for Philanthropy

Reporting Period: 2022-2024

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • People
  • Planet
  • Business

Environmental Achievements

  • Not disclosed

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Zero fatalities by 2024
  • Maintain or improve Lost-Time Incident (LTI) score year over year
  • Reduction in absenteeism rate by 2024
  • Improve disclosure of climate risks and opportunities, in line with the Task Force on Climate-Related Financial Disclosures (TCFD) by 2024
  • Publish TCFD disclosures by 2024
  • Identify and implement strategies to minimize emissions, including by developing a climate risk response plan by 2024
  • Minimize emissions intensity of operating sites by 2024
  • Strengthen our tailings management practices across the entire tailings facility lifecycle, applying guidance from the new Global Industry Standard on Tailings Management by 2024
  • Align with the Global Industry standard on Tailings Management by 2024
  • Mobilize action to reduce our carbon footprint by 2024
  • Tailings stability factor of at least 1.5 when static and 1.0 in dynamic conditions by 2024
  • Work with contractors to improve waste management by 2024
  • >80% waste recycling/repurposing (for hazardous waste, scrap, paper, metal, tires, wood) by 2024
  • Collaborate with local authorities to address waste challenges by 2024
  • One new initiative per site that supports and improves municipal waste management by 2024
  • Reduce our impact on shared water resources through best practices in water conservation and management by 2024
  • Maintain the intensity of fresh water consumption below 0.45 m3 / ton processed by 2024
  • Maintain process water recycling rate above 85% by 2024
  • Seek opportunities to transition from reforestation to restoration of deforested areas by 2024
  • Increase number and survival rate of trees planted annually using species that are in accordance to the vegetation structure of the region by 2024
  • Partner with local conservation groups and/or government authorities to share data, monitor and conserve flora/fauna by 2024
  • Report on conservation efforts and biodiversity monitoring, focusing on flora/fauna impacted by 2024
  • Partner with local conservation groups and/or government authorities to protect water bodies by 2024
  • Increase in households with access to improved water supply or sewage infrastructure by 2024
  • Hazardous waste intensity below 0.2 ton/ton processed by 2024
  • Identify waste in our operations that can be repurposed for other uses, and establish the value chain to achieve this by 2024
  • Identify opportunities to enhance our governance practices by 2024
  • Expand and strengthen sustainability disclosures by 2024
  • Improve Board diversity by 2024
  • Increase the representation of women on the Board of Directors by 2024
  • Review and update risk management framework to ensure we’re monitoring and mitigating both traditional and emerging risks, including ESG risks by 2024
  • Enterprise risk register implemented and operational by 2024
  • Continue building a caring culture, based on our Te cuido culture (“I take care of you”) that fosters a safe and ethical workplace by 2024
  • 4 hours of annual training on ethics and anti-corruption per employee by 2024
  • 100% of contractors have completed ethics and anti-corruption orientation by 2024
  • Resolution time of less than 30 days from first contact to final resolution by 2024
  • Implement supplier development plan for our mining sites by 2024
  • Maintain or increase number of local suppliers by 2024
  • Maintain 95% of procurement from the country where we operate and from the State where we operate by 2024
  • Implement supplier evaluation system that integrates enhanced sustainability criteria by 2024
  • 30% of suppliers evaluated by 2024
  • 100% of suppliers comply with Endeavour’s Code of Conduct included in their contract terms and conditions by 2024
  • Promote and enhance the Grievance Mechanism by 2024

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: ISO 45001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:60,169 tCO2e/year (Scope 1 & 2)
Scope 3 Emissions:24,032 tCO2e/year (Bolañitos & Guanaceví)
Renewable Energy Share:14% (Bolañitos)
Water Consumption:3.3 million m3/year
Waste Generated:1,029,935 tons/year (non-mineral)
Carbon Intensity:0.069 tCO2e/tonne processed

ESG Focus Areas

  • People
  • Planet
  • Business

Environmental Achievements

  • 89% water recycling and reuse rate
  • 78% waste recycling/repurposing
  • 58,580 trees planted in reforestation projects, with 72% average survival rate
  • Minimized emissions intensity (tCo2e GHG/Tonne processed) of operating sites to 0.069

Social Achievements

  • Launched employee well-being program, "Te Cuido"
  • 99% of workforce in Mexico hired locally
  • $854,620 invested in communities in Mexico and Canada
  • 142 scholarships awarded

Governance Achievements

  • Achieved >30% women representation on the Board of Directors
  • Developed Anti-money Laundering and Anti-terrorist Financing Protocol
  • 100% of employees completed business conduct and ethics training
  • Published inaugural TCFD report

Climate Goals & Targets

Long-term Goals:
  • Minimize emissions intensity
  • Invest $2 million in community programs over three years
Medium-term Goals:
  • Achieve 48 hours of training per worker annually
  • Increase female representation in the workforce to 16%
Short-term Goals:
  • Align with the Global Industry Standard on Tailings Management (GISTM) by 2026
  • Reduce average turnover

Environmental Challenges

  • Increased LTIs (Lost Time Injuries) in 2023 compared to 2022
  • Increased energy consumption and GHG emissions
  • Dry weather conditions impacting water recycling and reforestation
  • Gender imbalance in the workforce
Mitigation Strategies
  • Implementing new safety initiatives, such as “Eye on Risk” safety week
  • Developing a roadmap for reducing emissions
  • Implementing a more structured process for workers to follow if they will be absent from work
  • Mandating at least one female candidate in the interview process for new senior management positions

Supply Chain Management

Responsible Procurement
  • Supplier Standards of Conduct
  • Procurement and Contracts policy
  • Local sourcing

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards, SASB Standards

Certifications: ISO 14001, ISO 45001

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 8 (Decent Work and Economic Growth)
  • Goal 9 (Industry, Innovation and Infrastructure)
  • Goal 10 (Reduced Inequalities)
  • Goal 12 (Responsible Consumption and Production)
  • Goal 13 (Climate Action)

Endeavour's activities contribute to these goals through sustainable mining practices, community investment, and responsible resource management.

Awards & Recognition

  • Socially Responsible Company distinction by the Mexican Center for Philanthropy