Climate Change Data

Environmental Metrics

ESG Focus Areas

• Workforce Health & Safety
• Climate Change
• Tailings Management
• Water Management
• Air Quality Management
• Waste Management
• Biodiversity
• Social Relations
• Business Ethics and Code of Conduct

Environmental Achievements

• Reduced carbon intensity by 27% compared to 2022
• Improved fuel efficiency by 7% compared to 2022
• 26 hectares of reclaimed areas seeded
• 103,000 trees planted
• >6,000 m3 of contact water treated per day
• Installed a belt filter press system in the Quintette processing plant replacing the thermal dryer, further reducing emissions

Social Achievements

• 5% increase in employee productivity
• 8% higher employee engagement from survey
• 57% lower Lost Time Injury Frequency Rate (LTIFR)
• >$70 million work completed by local indigenous-owned businesses
• >600 external engagement sessions on our operations and projects
• >40 community events supported and attended
• Employee turnover reduced by 8% compared to 2022

Governance Achievements

• Expanded emergency response program and crisis management capabilities
• Implemented a new Safety Leadership Training program
• Received 26 reports of alleged violations through the whistleblower service, all of which were investigated and managed appropriately

Climate Goals & Targets

Environmental Challenges

• Evolving carbon legislation in BC (BCCT, OBPS, LCFS, CFR)
• Supply, functionality at frigid temperatures, and procurement costs of HDRD
• Potential impacts of physical climate hazards on the supply of renewable fuels
• Exposure to wildfires at the mining sites and adjacent towns
• Projected exposure to the cost of renewable fuel supplies across North America
• Exposure to evolving legislative changes such as the OBPS and methane emission caps
• Exposure to energy pricing and supply (fuel and electricity)
• Inclusion of additional potential impacts on workforce attraction and retention

Mitigation Strategies

• Implementing a new idling policy for mining equipment
• Working with operational, maintenance and technology teams and major vendors to produce real-time idling reports
• Developing a communications plan to encourage operators to reduce idling
• Planning to procure material volumes of HDRD starting in the summer of 2024
• Implementing a new three-year Strategic Energy Management Plan
• Installing more energy-efficient equipment
• Developing science-based mine specific fugitive methane emission levels
• Capturing fugitive methane where possible
• Further improving the fuel efficiency of our mining operations
• Increasing use of HDRD
• Introducing electric mining equipment into our pit operations

Supply Chain Management

Supplier Audits: 7 of 10 largest suppliers engaged in 2023

Responsible Procurement

• Proactive engagement with principal vendors to establish a transparent, accountable supply chain
• Working collaboratively to reduce emissions across the total supply chain

Climate-Related Risks & Opportunities

Physical Risks

• Wildfires
• Potential impacts of physical climate hazards on the supply of renewable fuels

Transition Risks

• Projected exposure to the cost of renewable fuel supplies
• Carbon tax implications
• Evolving legislative changes (OBPS, methane emission caps)
• Exposure to energy pricing and supply

Opportunities

• Reducing carbon intensity through the supply chain
• Identifying electrification and energy efficiency opportunities
• Increasing use of HDRD

Reporting Standards

Frameworks Used: SASB, TCFD

Awards & Recognition

• Environmental Managers’ Association of BC’s 2023 emission & discharge control award