Climate Change Data

Allied Gold Corporation

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:271,037 t CO2e/year
Scope 1 Emissions:233,216 t CO2e/year
Scope 2 Emissions:37,821 t CO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:11% of total energy use
Total Energy Consumption:3,662,825 GJ/year
Water Consumption:Not disclosed
Waste Generated:1,688 tonnes non-mineral waste; 360 tonnes hazardous waste
Carbon Intensity:0.78 t CO2e/oz gold produced

ESG Focus Areas

  • Safety
  • Health
  • Diversity, Equity, and Inclusion
  • Climate Change
  • Community Engagement/Development
  • Respecting Human Rights
  • Legal Compliance and Business Ethics
  • Environmental Management
  • Tailings Management
  • Water Management
  • Hazardous Materials Management
  • Land Acquisition & Resettlement
  • Community Health & Safety
  • Employment & Workforce Relations
  • Occupational Health and Safety
  • Artisanal Mining

Environmental Achievements

  • Zero significant environmental incidents (Level 4 or above)

Social Achievements

  • USD 2.7 million invested in community development (mines)
  • 92% of employees are national employees
  • 26% of all new hires in 2023 were women
  • 18% reduction in Group’s malaria incidence rate

Governance Achievements

  • Updated core corporate governance policies
  • Zero confirmed incidents of bribery or corruption
  • Zero substantiated allegations of human rights abuses

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Regionally tailor Voluntary Principles on Security and Human Rights (VPSHR) training package by FY 24 to reach compliance by end of FY 25
  • Year-on-year improvement in percentage of women employees
  • Continue to increase the local management representation in the countries in which we operate
Short-term Goals:
  • Internal gap assessment against Responsible Gold Mining Principles
  • Initiate updated VPSHR training programme
  • Develop a Corporate Diversity, Equity, and Inclusion strategy
  • Develop a robust succession planning process
  • Develop a recruitment strategy for operations
  • Develop the Safety Culture Journey with critical risk management
  • Continued implementation of malaria strategy across all sites
  • Roll out of incident and hazard management software
  • Develop consolidated water management plans for each site

Environmental Challenges

  • Rapid growth and harmonizing sustainability approach across the company
  • Increases in global consolidated injury frequency rates
  • Concerning trend of Serious Potential Incidents related to light vehicles
  • Artisanal and small-scale gold mining (ASGM) activities
  • Addressing grievances related to alleged damage of community assets from blasting
  • Managing water-related risks, including water scarcity and discharges
  • Managing tailings storage facilities (TSFs) and ensuring long-term stability
  • Managing waste rock and tailings
  • Addressing climate change risks and opportunities
Mitigation Strategies
  • Launched safety culture project
  • Launched Drive Safe Campaign
  • Developed strategy to reduce ASGM risks and impacts
  • Implemented predictive pit dewatering tools and improved wet weather action planning
  • Developed and implemented TSF monthly dashboard
  • Conducted inaugural corporate climate risk and opportunity assessment
  • Implemented progressive rehabilitation

Supply Chain Management

Supplier Audits: Approximately 2,000 suppliers assessed using a third-party tool

Responsible Procurement
  • Code of Conduct
  • Supplier sustainability requirements

Climate-Related Risks & Opportunities

Physical Risks
  • Increased frequency/intensity of rainfall
  • Increased frequency of droughts
  • Rising temperatures
Transition Risks
  • Changes to policy and regulations
  • Higher insurance costs
  • Shifting investor and wider stakeholder expectations
Opportunities
  • Improvements in voluntary markets to support nature-based solutions for carbon sequestration
  • Technological improvements to support transition to low carbon economy

Reporting Standards

Frameworks Used: SASB Standard, TCFD recommendations, GRI Standards, UN Sustainable Development Goals, UNGPs on Business and Human Rights, Voluntary Principles on Security and Human Rights, International Cyanide Management Code, IFC Performance Standards

Certifications: ISO 14001, ISO 45001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed