Climate Change Data

Environmental Metrics

ESG Focus Areas

• Indigenous Peoples
• Tailings Management
• Water Management
• Climate Action

Environmental Achievements

• Commissioning of final dewatering wells, completed major activities for the New Afton Tailings Storage Facility (NATSF) stabilization project
• Rainy River achieved one year and over 2 million hours lost time injury-free
• Water Stewardship protocol included on the Company Scorecard, with New Afton and Rainy River both achieved AAA ratings for this protocol
• New Afton won JT Ryan Award for safest mine in British Columbia and the Yukon
• External Implementation Audit completed on Rainy River Environmental Management System, identifying that it is fully operational and operating as intended
• Recorded the lowest consolidated TRIFR for New Gold
• New Afton commissioned twelve evaporators as part of NATSF stabilization for C-Zone mining
• Performance of New Afton Thickened and Amended Tailings exceeded design density and strength targets
• Rainy River completed an extended tailings dam construction, and raised the Tailings Management Area (TMA) dam by 2 metres
• Rainy River and New Afton implemented operational water balance models to improve water management forecasting and opportunities for water stewardship
• Released the Journey of Responsible Closure Cerro San Pedro Closure Report

Social Achievements

• Updated and introduced policies to meet changing needs of workforce (e.g. Spiritual, Cultural and Religious Leave, Flexible Workplace and Pregnancy and Paternity Leave)
• The Todos por Cerro San Pedro Fondacion has now helped over 2,700 people since 2019
• Increased overall representation of women and Indigenous employees in workforce

Governance Achievements

• Updated policies to meet changing needs of workforce
• Completed a TCFD-aligned Climate Change Risk Assessment by evaluating the financial impact of climate change
• Established and implemented a company-wide Climate Committee, which reviews climate risks and reduction opportunities and discusses progress on the 2030 Target

Climate Goals & Targets

Environmental Challenges

• Flooding events in 2022 impacting Rainy River water management

Mitigation Strategies

• Rainy River made improvements to water management in 2023, in response to flooding events which occurred in 2022. Works included increasing diversions around the Tailings Management Area and Open Pit, increasing clean water discharge capacity and increasing water treatment capacity
• Rainy River and New Afton both updated their operational water balance models to improve forecasting and prediction of water events
• Interdisciplinary Water Teams have been established at both sites which meet regularly to assess water management risks and possible opportunities to further support operations

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Flooding

Reporting Standards

Frameworks Used: TCFD, SASB, UN SDGs, Local Procurement Reporting Mechanism

Awards & Recognition

• JT Ryan Award (New Afton)