Endomines Finland Plc
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:22,932 tCO2e
Total Energy Consumption:19,703,087 kWh
Water Consumption:597,000 m3
Waste Generated:516,000 tonnes (waste rock)
Carbon Intensity:0.49 tCO2e per ounce of gold produced (2023).
ESG Focus Areas
- Environment
- People
- Governance
Environmental Achievements
- Carbon dioxide emissions per ounce of gold produced decreased by 31% to 0.49 tonnes per ounce of gold produced.
- 100% water recirculation achieved.
- Waste management plan updated.
Social Achievements
- Wellbeing survey conducted, showing high employee motivation and work ability.
- Whistleblowing channel opened.
- Increased communication and interaction with investors and the local community.
Governance Achievements
- ESG programme management model introduced.
- Company policies reviewed and updated.
- Risk assessment started.
Climate Goals & Targets
Long-term Goals:
- Starting audited reporting under the EU CSRD-Directive (2026).
- Carbon neutrality (long-term goal).
Medium-term Goals:
- Developing action plans and policies in line with the sustainability programme (2025).
Short-term Goals:
- Development of essential practices, processes and indicators on the basis of materiality assessment (2024).
Environmental Challenges
- Seven accidents leading to absences occurred in 2023.
Mitigation Strategies
- Safety programme launch planned for spring 2024.
- Safety measures implemented, including acquiring electric masks and modifying extraction operations.
- Development project for a safety culture in 2024 with consulting company dss+.
Supply Chain Management
Responsible Procurement
- Using local partners and subcontractors where possible; 131 of 447 suppliers were local companies in North Karelia in 2023.
Climate-Related Risks & Opportunities
Opportunities
- Opportunities for low-carbon gold production due to Finland's increased carbon-neutral electricity generation.