Climate Change Data

Metalor Technologies International

Climate Impact & Sustainability Data (2021, 2023)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:22,552 tons of CO2e/year
Renewable Energy Share:Varied by site; San Luis Potosí reached 35% from photovoltaics.
Total Energy Consumption:45,695 MWh/year
Water Consumption:163,955 m3/year
Waste Generated:1,281 tons/year (chemical waste) and 449.65 tons/year (other waste)

ESG Focus Areas

  • Climate Change
  • Circular Economy
  • Social Progress
  • Responsible Supply Chain
  • Economic and Social Responsibility
  • Environmental Responsibility
  • Employer Responsibility

Environmental Achievements

  • Reduced CO2 emissions by 0.28% despite a 27% increase in net sales from 2018.
  • Installed photovoltaic panels at the San Luis Potosí site in Mexico, generating 874 MWh of green electricity per year.
  • Allocated a budget of around 12 million USD to install photovoltaic panels at nine major Metalor Group sites, aiming to reduce electricity consumption by 16% and CO2 emissions by 11%.

Social Achievements

  • Funded research with the University of Lausanne resulting in a secure system named Geoforensic Passport to verify the physical origin of mined gold.
  • Trained 7 employees to be sworn assayers in 10 years.
  • Implemented a grievance mechanism for reporting concerns related to illegal activity or ethical misconduct.

Governance Achievements

  • Implemented a due diligence documentation and KYC questionnaire to assess and monitor potential and existing customers.
  • Passed the LBMA annual audits and RJC Code of Practices midterm review in March 2021.

Climate Goals & Targets

Long-term Goals:
  • Reduce CO2 emissions to 15,614 tons by 2030.
  • Reduce water consumption to 152,283 m3 by 2030.
  • Reduce waste to 433.17 tons (chemical) and 1,217 tons (other) by 2030.
  • Achieve 16% reduction in group electricity consumption and 11% reduction in group CO2 emissions by 2030.
Medium-term Goals:
  • Reduce electricity consumption by 16% and CO2 emissions by 11% through photovoltaic installations.
  • Reduce water consumption by 20%.
Short-term Goals:
  • Reduce water consumption by 40% (Marin site).

Environmental Challenges

  • Traceability in precious metal supply chains.
  • Reducing CO2 emissions.
  • Developing philanthropic actions.
  • Increasing scope for carbon footprint.
  • Defining group objectives on the social pillar.
Mitigation Strategies
  • Developed the Geoforensic Passport system for gold traceability.
  • Implemented a multi-year budget for environmental projects, including photovoltaic panel installations.
  • Ongoing efforts to reduce energy consumption, water usage, and waste generation.
  • Plans to develop philanthropic actions, increase carbon footprint scope, and define group social objectives.

Supply Chain Management

Supplier Audits: Regular audits, including extended site visits.

Responsible Procurement
  • Supply Chain Policy requiring precious metals from legal and ethical sources.
  • Due diligence processes and compliance with international standards.
  • Supplier assessment procedures.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 14001 (Switzerland, France, UK), RJC, LBMA, LPPM, ISO 17025, ISO 17034

Third-party Assurance: Mazars Ltd

Sustainable Products & Innovation

  • Geoforensic Passport system

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:23019.4 tCO2e/year
Scope 1 Emissions:5077.2 tCO2e/year
Scope 2 Emissions:11502.2 tCO2e/year
Scope 3 Emissions:6440.0 tCO2e/year
Renewable Energy Share:25% (target 26% by 2030)
Total Energy Consumption:46586.9 MWh/year
Water Consumption:194953.8 m3/year
Waste Generated:1543.8 tons/year (chemical waste)
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change
  • Circular Economy
  • Social Progress
  • Responsible Supply Chain
  • Economic and Social Responsibility
  • Environmental Responsibility
  • Employer Responsibility

Environmental Achievements

  • Installed solar panels on production sites in San Luis Potosi (Mexico), Port Huron (USA), Yuen Long (Hong Kong), Whuzong (China), with plans to deploy on all sites by 2026.
  • Reduced CO2 emissions by 3% despite a 30% increase in net sales since 2018.
  • Reduced gas consumption by 7% vs 2022 and 17% vs 2018.
  • Reduced water consumption by 5% vs 2018.

Social Achievements

  • Implemented e-learning training on anti-corruption for 364 managers (23% increase).
  • No grievances related to the 10 UNGC principles.
  • Reduced accident frequency rate by 30% and severity rate by 50% compared to 2022.
  • Maintained group turnover at 13% and absenteeism at 3.1%.

Governance Achievements

  • Implemented a due diligence documentation and KYC questionnaire to assess and monitor potential and existing customers.
  • Passed LBMA, LPPM, AML, RJC CoC annual audits in 2023.

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon neutrality by 2050.
Medium-term Goals:
  • Reduce CO2 emissions by 30% on-site vs 2018 by 2030.
  • Achieve 26% renewable energy share by 2030.
  • Reduce gas consumption by 30% vs 2018 by 2030.
Short-term Goals:
  • Reduce water consumption by 30% by 2030.
  • Reduce waste by 20% by 2030.
  • Complete the deployment of solar panels on all sites by 2026.

Environmental Challenges

  • Need to increase scope for carbon footprint calculation, especially Scope 3.
  • Need to define group objectives on the social pillar.
  • Accident rate, although improved, is still above the target of zero accidents.
Mitigation Strategies
  • Expanding carbon footprint calculation to all sites for the 2024 CSR report.
  • Developing group objectives for the social pillar in future reports.
  • Implementing safe behavior programs, H&S training, and monthly reviews to achieve zero accidents.

Supply Chain Management

Supplier Audits: 100% due diligence process for precious metal-containing materials and waste; annual audits according to LBMA/LPPM/RJC and LBA standards.

Responsible Procurement
  • 100% due diligence process for precious metal-containing materials and waste.
  • Supplier code of conduct for non-precious metal suppliers.

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 14001, RJC, LBMA, LPPM, ISO 17025, ISO 17034

Third-party Assurance: Mazars SA

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed