Climate Change Data

Lundin Mining Corporation

Climate Impact & Sustainability Data (2015, 2016, 2018, 2019, 2020, 2021, 2022, 2023)

Reporting Period: 2015

Environmental Metrics

Total Carbon Emissions:270,531 t CO2e (Scope 1) + 454,896 t CO2e (Scope 2, location-based) + 56,016 t CO2e (Scope 3)
Scope 1 Emissions:270,531 t CO2e
Scope 2 Emissions:454,896 t CO2e
Scope 3 Emissions:56,016 t CO2e
Total Energy Consumption:8,077,873 GJ
Water Consumption:39.7 million m3
Waste Generated:17,387 tonnes

ESG Focus Areas

  • Governance
  • Economic Performance
  • Our People
  • Health and Safety
  • Social Responsibility
  • Environmental Management

Environmental Achievements

  • No serious environmental incidents at any of our sites.
  • Independent third-party geotechnical tailings reviews successfully completed.
  • 397 tonnes CO2e savings
  • >2,388 GJ Energy Savings

Social Achievements

  • Stakeholder engagement and community investment reached record levels.
  • Landmark, multi-year community investment program put in place with the Municipality of Tierra Amarilla.
  • $14.8 million Community Investment

Governance Achievements

  • Implementation of Responsible Mining Framework
  • Achieved best ever safety record with a Total Recordable Injury Frequency (TRIF) rate performance of 0.9 (excluding one fatality).

Climate Goals & Targets

Environmental Challenges

  • Depressed metals markets and corresponding reduced revenues.
  • Major natural disaster – flooding of the Copiapó river valley in Chile.
  • Increasingly stringent permitting requirements in a politicized environment.
  • One fatality at the Neves-Corvo mine.
Mitigation Strategies
  • Affirmative action to minimize the effects of the low metals price environment.
  • Significant leadership role in disaster relief and rebuilding support in Copiapó.
  • Staffed up with additional permitting expertise.
  • Approval of the Candelaria 2030 Project Environmental Impact Assessment.
  • Implementation of additional safeguards across the Company based on the findings and lessons learned from the fatality investigation.

Supply Chain Management

Responsible Procurement
  • All suppliers expected to conform to the Company’s Code of Conduct, Ethical Values and Anti-Corruption Policy, as well as our Responsible Mining Policy, and Responsible Mining Framework.

Climate-Related Risks & Opportunities

Physical Risks
  • Reduced rainfall and increased evaporation (Neves-Corvo, Aguablanca)
  • Increased precipitation and snowfall (Eagle)
  • Increased evaporation (Candelaria)

Reporting Standards

Frameworks Used: GRI G4

Third-party Assurance: Prizma LLC (limited assurance)

Awards & Recognition

  • 2015 Canadian Mineral Processor of the Year award (Jennifer Abols)

Reporting Period: 2016

Environmental Metrics

Scope 1 Emissions:234,470 tonnes CO2e
Scope 2 Emissions:438,620 tonnes CO2e (location-based)
Scope 3 Emissions:26,302 tonnes CO2e
Total Energy Consumption:7,450,620 GJ
Water Consumption:37.1 million cubic metres
Waste Generated:19,209 tonnes
Carbon Intensity:0.5 tonnes CO2e per tonne of concentrate produced

ESG Focus Areas

  • Health and Safety
  • Environmental Management
  • Social Responsibility
  • Governance
  • Economic Performance

Environmental Achievements

  • 44% reduction in fresh water consumption at European operations over the last two years
  • No serious environmental incidents at any of our sites in 2016
  • Full implementation of the Tailings Stewardship program across all operations
  • Successful execution of health, safety, environmental and product stewardship audits

Social Achievements

  • 30% reduction in total recordable injuries over 2015
  • 33% reduction in lost time injuries over 2015
  • Significant increase in corporate staffing in the areas of permitting, closure, social investment, and stakeholder engagement
  • Improved local procurement of goods and services near our mines
  • Continued significant social investments in the communities where we operate

Governance Achievements

  • Joined the United Nations Global Compact (UNGC)
  • Initiated the process of integrating UNGC principles and sustainable development goals
  • Revised Code of Conduct to enhance anti-corruption and human rights policies
  • Updated Whistleblower Policy

Climate Goals & Targets

Medium-term Goals:
  • Advance the development of targets for improved energy efficiency and GHG emissions reduction by 2017
Short-term Goals:
  • Ensure all LMC sites and operations have community investment policies and plans by 2017
  • Complete integrated HSEC audits at all sites by 2017
  • Complete Social Impact Management Standard and initiate roll-out by 2017
  • Complete the Responsible Mining Management System (RMMS) and develop a communication plan for roll-out by 2017

Environmental Challenges

  • Chilean government resolution assessing a $4 million fine related to alleged environmental permit infractions (prior to LMC’s acquisition)
  • Globally depressed metals markets
  • Unconfirmed claim of discrimination during a corporate office hiring process
Mitigation Strategies
  • Legal process ongoing for Chilean fine
  • Reduced operating costs through spending restraint
  • Review of unconfirmed discrimination claim ongoing

Supply Chain Management

Responsible Procurement
  • Code of Conduct, Ethical Values and Anti-Corruption Policy, Responsible Mining Policy

Climate-Related Risks & Opportunities

Physical Risks
  • Reduced precipitation and increased temperature at Candelaria

Reporting Standards

Frameworks Used: GRI G4/Mining & Metals Sector Supplement, AA1000AS–2008

Certifications: ISO 14001 (Minera Candelaria and Minera Ojos del Salado)

Third-party Assurance: Bureau Veritas

UN Sustainable Development Goals

  • UN Sustainable Development Goals

Communicate on implementation progress of the 10 UNGC Principles on an annual basis.

Awards & Recognition

  • International Green Apple Award for Environmental Best Practices (Galmoy Mine reclamation)

Reporting Period: 2018

Environmental Metrics

Scope 1 Emissions:366,653 tCO2e
Scope 2 Emissions:473,276 tCO2e (location-based), 500,999 tCO2e (market-based)
Scope 3 Emissions:20,435 tCO2e
Renewable Energy Share:49% (electricity)
Total Energy Consumption:9,052,897 GJ
Water Consumption:31,846,420 m³ withdrawn; 13,750,367 m³ discharged
Waste Generated:22,500 tons (19,500 tons non-hazardous)
Carbon Intensity:0.063 tCO2e/tonne mined (2018)

ESG Focus Areas

  • Safety
  • Economic Performance
  • Governance
  • Human Rights
  • Biodiversity
  • Product Stewardship
  • Water Management
  • Climate Change
  • Stakeholder Engagement
  • Community Investment
  • Diversity and Inclusion

Environmental Achievements

  • No Level 3 or above environmental incidents were reported in 2018.
  • All operations’ environmental performance improved through enhanced communications, site visits, audits, and facility inspections.
  • Reclaimed almost 79.2 million cubic meters of water, equal to using every cubic meter of Lundin Mining’s total water withdrawn approximately 2.5 times.
  • Renegotiated Candelaria's electrical power purchase agreement, achieving a minimum of 80% renewable energy starting in 2023.

Social Achievements

  • Overall safety performance better than target for a sixth consecutive year.
  • Reduction of Lost Work Days by 12% from 2017 and by 26% from 2016.
  • Total community investment expenditures of approximately $12 million.
  • Implemented a new Community Investment Policy that focuses on being a catalyst and partner in sustainable development for the regions where we operate.
  • Increased the number and percentage of female employees at each operation.

Governance Achievements

  • Completed a formal Board Diversity Policy.
  • Updated Diversity and Inclusion Policy.
  • No known incidents of corruption in 2018.
  • Updated Responsible Mining Policy.

Climate Goals & Targets

Long-term Goals:
  • Develop a five-year, Company-wide Sustainability Strategy.
Medium-term Goals:
  • Achieve 80% renewable energy at Candelaria by 2023.
  • Extend mine life at existing operations.
Short-term Goals:
  • Achieve a TRIF rate of 0.60 or better.
  • Increase Zero Harm weeks over 2018 performance.
  • Complete first environmental conformance audits against the new RMMS across all sites.

Environmental Challenges

  • Global political events clouded the outlook for base metal demand, leading to declining prices for much of the year.
  • Lower than average unemployment rates at several of the Company’s geographic locations have increased the challenges of recruiting and retaining employees.
  • Climate change and related risks (flooding, drought, wildfires).
  • Evolving regulatory landscape.
  • Maintaining social license and community support.
Mitigation Strategies
  • Initiated the development of a Five-Year Sustainability Strategy.
  • Refined our Stakeholder Engagement Standard.
  • Implemented Health and Safety Action Plans.
  • Developed alternative sourcing strategies (e.g., desalination plant at Candelaria).
  • Implemented various dust control, greenhouse gas (GHG), energy conservation and green energy initiatives.

Supply Chain Management

Responsible Procurement
  • Focus on local procurement (95% of goods and services procured locally or nationally in 2018).
  • Initiated development of a Responsible Sourcing – Supply Chain Standard.

Climate-Related Risks & Opportunities

Physical Risks
  • Flooding
  • Extreme rainfall
  • Drought
  • Wildfire
Transition Risks
  • Regulatory changes requiring GHG emission reductions.
  • Market shifts towards low-carbon technologies.
Opportunities
  • Development of energy-efficient products.
  • Increased demand for base metals in low-carbon technologies.
  • Sourcing lower-carbon electricity and fuels.

Reporting Standards

Frameworks Used: GRI Standards (Core option), UN Global Compact

Certifications: ISO 14001 (Candelaria Complex)

Third-party Assurance: Bureau Veritas

UN Sustainable Development Goals

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

Various initiatives throughout the report contribute to these goals.

Awards & Recognition

  • UNGC Canada Peer Review Program (first place for 2017 Sustainability Report)
  • Top-three sustainability reports for Non-Renewable Resources by the Finance and Sustainability Initiative (FSI / IFD) for the third year in a row.
  • Canadian National Railway (CN) Safe Handling Award (Eagle Mine)

Reporting Period: 2019

Environmental Metrics

Total Carbon Emissions:452,848 tCO2e (Scope 1) + 493,355 tCO2e (Scope 2, location-based) + 480,858 tCO2e (Scope 2, market-based)
Scope 1 Emissions:452,848 tCO2e/year
Scope 2 Emissions:493,355 tCO2e/year (location-based), 480,858 tCO2e/year (market-based)
Scope 3 Emissions:29,419 tCO2e/year (transport only)
Renewable Energy Share:2% of total fuel supplies
Total Energy Consumption:10,738,795 GJ/year
Water Consumption:34,702,540 m3/year
Waste Generated:34,500 tons/year
Carbon Intensity:Decreasing trend in GHG emissions intensity per tonne mined

ESG Focus Areas

  • Health and Safety
  • Economic Performance
  • Social Performance
  • Environment
  • Governance
  • Human Rights

Environmental Achievements

  • Total fresh surface water withdrawal decreased by 7% compared to 2018
  • Reduction in energy intensity and GHG emissions intensity, per tonne rock mined, from 2016 to 2019
  • No Level 3 or above environmental incidents (although two Level 3 incidents were recorded, environmental impact was minimized)

Social Achievements

  • Total community-investment expenditures of approximately $7.45 million
  • Modest improvement in Total Recordable Injury Frequency (TRIF) rate over 2018 – 0.66 vs 0.67
  • Zero fatalities
  • Roll out the Diversity and Inclusion Policy to all employees and Board members
  • Employee engagement survey conducted with an 89% participation rate

Governance Achievements

  • RMMS audit implementation and integration
  • Corporate climate change adaptation and mitigation planning toolkit developed
  • No known incidents of corruption

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Finalize a corporate-wide sustainability strategy to supplement and align with long-term environmental strategy
  • Implement our Human Rights Policy and act to address the opportunities for improvement from site-level HRRIA findings
Short-term Goals:
  • Achieve a Total Recordable Injury Frequency (TRIF) rate of 0.60 or better
  • No Level 3 incidents
  • Advance implementation of the site-level 5-year social performance plans and develop a 5-year strategic social performance plan for Chapada

Environmental Challenges

  • Overall safety performance resulted in an increase in total recordable injuries compared to 2018, attributed to the addition of a new mine, increased work hours, activities associated with improvement projects, and several significant, planned maintenance shutdowns.
  • Two Level 3 incidents reported in 2019 (tailings spills at Neves-Corvo mine)
  • Increased GHG emissions due to increased fuel consumption at Candelaria and the addition of Chapada
Mitigation Strategies
  • Immediate implementation of Health and Safety Action Plans
  • Swift site response and corrective actions to minimize environmental impact of tailings spills
  • Development of a corporate climate change adaptation and mitigation planning toolkit
  • Focus on recordable injury prevention through the elimination of repeat or similar incidents and by enhancing workplace hazard recognition and elimination processes

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Fair and equitable bidding processes, evaluations and awarding of contracts under competitive environments that are managed responsibly
  • Collaborative Sourcing Strategy focused on synergies and volume-level benefits across our portfolio of operations

Climate-Related Risks & Opportunities

Physical Risks
  • Severe flooding events
  • Extreme rainfall events
  • Prolonged droughts
Transition Risks
  • Regulation relating to emission levels and energy efficiency becoming more stringent
  • Cumulative-effects concerns impacting permitting for future expansions
  • Financial impacts associated with increased tax and regulation focused on lowering emissions
Opportunities
  • Assisting local government departments, emergency services and communities during flood and wildfire events
  • Potential opportunities for maintaining environmental flows in water courses and lakes
  • Opportunities associated with emerging low-carbon and more energy-efficient technologies

Reporting Standards

Frameworks Used: GRI Standards: Core option

Certifications: ISO 14001 (Candelaria, Ojos del Salado, Chapada), OHSAS 18001 (Candelaria, Chapada)

Third-party Assurance: Apex Companies, LLC

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 9 (Industry, Innovation and Infrastructure)
  • Goal 12 (Responsible Consumption and Production)
  • Goal 13 (Climate Action)

Initiatives contributing to these goals are described throughout the report.

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Eagle Mine awarded CN Safe Handling Award

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:873,527 tCO2e (market-based Scope 2)
Scope 1 Emissions:458,186 tCO2e
Scope 2 Emissions:415,341 tCO2e (market-based)
Scope 3 Emissions:38,649 tCO2e (transport only)
Renewable Energy Share:Approximately 60% of electricity, 4% of fuel
Total Energy Consumption:11,264,826 GJ
Water Consumption:74,813 ML withdrawn, 23,567 ML discharged
Waste Generated:37,600 tons (91% non-hazardous)
Carbon Intensity:2.22 tCO2e/t Cu eq

ESG Focus Areas

  • Safety
  • Governance
  • Human Rights
  • Economic Performance
  • Social Performance
  • Environment
  • Climate Change
  • Water Stewardship
  • Tailings Management
  • Community Development
  • Stakeholder Engagement
  • Indigenous Relations
  • Diversity and Inclusion

Environmental Achievements

  • No Level 3 or above environmental incidents.
  • 13% decrease in Level 2 incidents.

Social Achievements

  • COVID-19 community support totaling $3.1 million.
  • Successful renegotiation of collective bargaining agreements with unions in Brazil and Sweden without significant labor disruption.
  • Implementation of engagement survey action plans.

Governance Achievements

  • Formal adoption of the Global Industry Standard on Tailings Management (GISTM).
  • Approval of Human Rights Standard.
  • Establishment of a Diversity, Inclusion, Anti-Racism and Discrimination Committee.

Climate Goals & Targets

Long-term Goals:
  • Integrate climate-related risks and opportunities into our Company-wide Risk Management Framework.
  • Develop a five-year corporate Sustainability Strategy.
Medium-term Goals:
  • Develop a five-year corporate social performance strategy.
  • Implement the Social License to Operate Index at all sites.
  • Develop gap assessment and site-level action plans to support the implementation of GISTM.
  • Develop a corporate water report.
Short-term Goals:
  • Zero fatalities.
  • TRIF rate of 0.55 or better.
  • Zero Level 3 or above environmental incidents.
  • Roll out Human Rights Standard and train all Company leaders and key operational staff.

Environmental Challenges

  • COVID-19 pandemic impacting operations and communities.
  • Fatality at Neves-Corvo mine.
  • Suspension of Zinc Expansion Project activities at Neves-Corvo due to COVID-19.
  • Interruption of processing activities at Chapada mine due to mill motor damage.
  • Work stoppages during strike action at Candelaria.
  • Allegations of anti-union activity at Candelaria.
  • Allegations of environmental damage and human rights breaches at Candelaria.
Mitigation Strategies
  • Implementation of Pandemic Response Plan.
  • Additional safeguards implemented at Neves-Corvo based on investigation findings.
  • Resumption of ZEP activities in January 2021.
  • Chapada and Candelaria returned to full production capacity in Q4 2020.
  • Engagement with unions and appropriate steps taken to resolve complaints at Candelaria.
  • Engagement with Chilean National Contact Point (NCP) regarding complaints.
  • Settlement of lawsuit alleging groundwater extraction beyond permitted limits at Candelaria.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Prioritizing local and national suppliers.
  • Vendor Onboarding and Certification program.
  • Collaborative Sourcing Strategy focused on synergies and volume-level benefits.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
  • Resource shortages
  • Water shortages
Transition Risks
  • Regulatory changes
  • Increased costs associated with reducing emissions
Opportunities
  • Development of energy-efficient products
  • Assisting communities during extreme weather events
  • Fuel-switching, renewable energy sources, energy efficiency improvements

Reporting Standards

Frameworks Used: GRI Standards: Core option, SASB reporting framework – Mining & Metals Standard (2018)

Certifications: ISO 14001:2015 (Candelaria, Ojos del Salado, Chapada), OHSAS 18001 (Candelaria, Chapada - recertification under ISO 45001 in 2021)

Third-party Assurance: Apex Companies, LLC (moderate assurance under AA1000AS v3, reasonable assurance for GHG emissions under ISO 14064-3)

UN Sustainable Development Goals

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

Initiatives contributing to these goals are detailed throughout the report.

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Eagle Mine received the Canadian Pacific (CP) Safe Handling award.
  • Neves-Corvo mine was awarded the Sustainable Transport Certificate by Medway.

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:959,007 Metric Tons CO2e (Location-based) 988,494 Metric Tons CO2e (Market-based)
Scope 1 Emissions:478,253 Metric Tons CO2e
Scope 2 Emissions:480,754 Metric Tons CO2e (Location-based) 510,241 Metric Tons CO2e (Market-based)
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:11,931,194 Gigajoules
Water Consumption:Withdrawal: 81,831 Mega Liters Discharge: 27,758 Mega Liters
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Safety
  • Water Management
  • Energy Consumption
  • Greenhouse Gas Emissions
  • Stakeholder Engagement
  • Grievance Mechanism

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:
  • Not disclosed

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: AA1000 Assurance Standard (AS) v3

Certifications: ISO 14064-3: Second edition 2019-04

Third-party Assurance: Apex Companies, LLC

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:858,117 tCO2e/year
Scope 1 Emissions:455,142 tCO2e/year
Scope 2 Emissions:402,976 tCO2e/year (market-based)
Scope 3 Emissions:Estimated 68% of total emissions (screening-level)
Renewable Energy Share:Approximately 4% of fuel and 59% of electricity
Total Energy Consumption:11,890 TJ/year
Water Consumption:83,126 ML/year (withdrawal)
Waste Generated:142 million tonnes/year (tailings and waste rock)
Carbon Intensity:0.006 tonnes CO2e/tonne mined (2022)

ESG Focus Areas

  • Climate change
  • Tailings management
  • Water stewardship
  • Community relations
  • Economic development
  • Workplace health and safety
  • Fatal Risk Management
  • Diversity and inclusion
  • Human rights
  • Business ethics
  • Mining innovation
  • Responsible production and supply chain

Environmental Achievements

  • Scope 1 and Scope 2 emissions were almost 15% lower than the 2019 adjusted target base year.
  • Candelaria was awarded The Copper Mark™.
  • Chapada’s tailings were certified and registered by the Brazilian Ministry of Agriculture as an agricultural remineralizer.

Social Achievements

  • Launched Social Investment Impact Framework (SIIF) and pilot projects to measure the impact of flagship community investment projects.
  • Improved community relationships following the sinkhole event near Alcaparrosa Mine.
  • Implemented Tierra Amarilla Neighbourhood Blasting Training and Monitoring Program.
  • Launched Project I.D.E.A. entrepreneurship program for high school students in Portugal.

Governance Achievements

  • Updated Responsible Mining Policy to include climate commitment.
  • Updated Whistleblower Policy.
  • Board was composed of 37.5% women, executive team 30%.

Climate Goals & Targets

Long-term Goals:
  • Net-zero emissions by 2050 (target mentioned, but no specific plan detailed).
Medium-term Goals:
  • Achieve a 35% reduction in Scope 1 and 2 (market-based) emissions by 2030.
  • Develop economic diversification strategies for each jurisdiction.
Short-term Goals:
  • Align tailings facilities at Candelaria, Chapada, and Neves-Corvo to the GISTM by August 2023.
  • Achieve a TRIF rate of 0.55 or better.

Environmental Challenges

  • Two fatalities occurred at Neves-Corvo.
  • Sinkhole event near Alcaparrosa Mine at Candelaria.
  • Community concerns regarding dust emissions at Candelaria and Chapada.
  • Community concerns regarding water quality near Chapada.
  • Supply chain disruptions due to global events.
  • Increased production costs due to inflation.
Mitigation Strategies
  • Accelerated introduction of Fatal Risk Management (FRM).
  • Comprehensive engagement plan to address sinkhole event.
  • Implementation of dust suppression programs.
  • Additional water management initiatives at Chapada.
  • Increased local and national procurement to mitigate supply chain issues.
  • Various cost-saving initiatives.

Supply Chain Management

Supplier Audits: 4,752 active business partners and 2,109 vendors onboarded through Global Business Partner Onboarding program.

Responsible Procurement
  • Business Partner Code of Conduct
  • Local and national supplier prioritization

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
  • Water shortages
  • Flooding
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Development of energy-efficient products
  • Increased demand for copper and nickel

Reporting Standards

Frameworks Used: GRI Standards (plus the Mining & Metals Sector Supplement), TCFD

Certifications: ISO 14001, ISO 45001, Copper Mark™ (Candelaria)

Third-party Assurance: Apex Companies, LLC

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 8 (Decent Work and Economic Growth)
  • Goal 9 (Industry, Innovation and Infrastructure)
  • Goal 13 (Climate Action)
  • Goal 17 (Partnerships for the Goals)

The company's initiatives contribute to these goals through various programs and targets.

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Copper Mark™ (Candelaria)

Reporting Period: 2023

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

  • Responsible Mining
  • Climate Change (GHG emissions reduction)
  • Water Management
  • Tailings Management

Environmental Achievements

  • Ambitious but achievable goal to reduce Scope 1 & 2 GHG absolute emissions by 35% by 2030 (compared to 2019 baseline year)
  • Zinkgruvan’s investment in renewable electricity since 2017 benefiting Scope 2 emissions
  • Candelaria’s freshwater demands met through seawater desalination facility
  • Continued implementation of the Global Industry Standard on Tailings Management (GISTM)
  • Committed to the Copper Mark assurance framework

Social Achievements

  • Leading ISS Environment & Social Quality Scores
  • Carbon Disclosure Project (“CDP”) score of ‘B’, above industry and North American averages

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Reduce Scope 1 & 2 GHG absolute emissions by 35% by 2030
Short-term Goals:
  • Not disclosed

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: CDP Climate Change and Forestry programs, aligned with the Task Force on Climate-related Financial Disclosures (TCFD)

Certifications: Copper Mark

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed