Climate Change Data

Environmental Metrics

ESG Focus Areas

• Occupational health and safety
• Public health
• Water management
• Mine waste and tailings management
• Human rights
• Inclusion and diversity
• Climate change and greenhouse gas emissions
• Business ethics
• Community relationships

Environmental Achievements

• Reduced GHG emissions by 5%
• Improved environmental performance by 58% compared to 2020
• Implemented programs to improve energy efficiency at mine sites
• Progressed initiatives to increase renewable energy sources

Social Achievements

• Achieved zero fatalities
• Achieved a Total Recordable Injury Frequency Rate (TRIFR) of 3.05 per million hours worked (19% better than 2020)
• Improved LTIFR by 7% compared to the 2021 target
• Expanded incident reporting and near-miss reviews
• Joined the UN Global Compact Target Gender Equality Program
• Implemented a new Social Responsibility & Human Rights Policy
• Conducted independent human rights analysis of operations

Governance Achievements

• Created an ESG Committee and an Enterprise Risk Management Committee
• Achieved 95% average approval vote for directors
• Implemented a new Environment and Climate Change Policy
• 14% of corporate objectives and CEO compensation linked to ESG performance in 2022 (6% health & safety, 3% environmental, 5% ESG targets)

Climate Goals & Targets

Environmental Challenges

• Business interruptions due to social conflicts at Los Filos (32 days of operation lost)
• Heavy rain incident at Aurizona causing increased turbidity in waterways
• High water stress areas (Mesquite and Mercedes)

Mitigation Strategies

• Open dialogue with union leaders and protesting workers at Los Filos, resulting in resolution
• Installation of a new water treatment plant at Aurizona
• Improved monitoring of lime and other regulated substances at Castle Mountain
• Additional mixing of water from blasting areas prior to treating site water at Greenstone
• Replacement of a faulty water meter at RDM

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Preferential hiring and procurement locally
• Requirement that suppliers conduct business ethically and responsibly

Climate-Related Risks & Opportunities

Physical Risks

• Drought
• Wildfires

Transition Risks

• Increased cost of energy

Opportunities

• Renewable energy sources (solar, hydro)

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: ISO 14001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• SDG 3: Good Health and Well-being
• SDG 6: Clean Water and Sanitation
• SDG 8: Decent Work and Economic Growth
• SDG 15: Life on Land

Initiatives aligned with these SDGs are described in detail within the report.

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Chairman’s Safety Award (Castle Mountain in 2020, Mesquite in 2021)
• COO Most Improved Safety Award (Aurizona in 2021)

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Improved environmental performance by 7% compared to 2021, with no major incidents and a Significant Environmental Incident Frequency Rate of 0.63 per million hours worked
• Reduced greenhouse gas (GHG) emissions by 10% compared to 2021
• Set a target to achieve a 25% reduction in GHG emissions by 2030
• Published first Climate Action Report using the Task Force on Climate-related Financial Disclosures framework
• Updated Tailings Management Overview Report and published data to CDP for the second time
• Entered into renewable energy wind and solar power contracts for select Brazil operations
• Used 58% recycled water at operations
• Reclaimed 145 hectares of land
• Planted 18,966 trees in reforestation projects

Social Achievements

• Improved health and safety performance by 30% compared to 2021, with no fatalities and a Total Recordable Injury Frequency Rate of 2.12 per million hours worked
• No lost-time incidents during the fourth quarter, and six of eight sites had no lost-time injuries during 2022
• Provided 203,000 hours of training to employees (more than 36% on health and safety)
• Invested US$8.7 million to support community initiatives
• Launched an employee share purchase plan with 75% participation

Governance Achievements

• Achieved Level A ratings in at least 75% of Towards Sustainable Mining protocols at all mine sites
• Developed Social Management Standards and Human Rights Management Standards
• Completed the United Nations Global Compact Target Gender Equality Program
• Completed Code of Ethics training for all workforce

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Beat all environmental targets, with a Significant Environmental Incident Frequency Rate of 0.29 (target was 1.40 or less)
• Reduced greenhouse gas emissions by 4%
• Continued to implement best practices for tailings and heap leach management
• Initiated the process to implement a comprehensive water stewardship strategy
• 11,786 trees planted in reforestation projects

Social Achievements

• Beat all safety targets, realizing a 31% improvement compared to 2022 with a Total Recordable Injury Frequency Rate of 1.47 (target was 3.25 or less)
• Improved community and Indigenous engagement practices and achieved Towards Sustainable Mining Level A performance for the Indigenous and Community Relations protocol at 100% of operating mines and Level AA at 60% of operating mines
• Invested $9.5 million to support local community projects and non-profits
• Launched our Supplier Code of Conduct

Governance Achievements

• Launched Supplier Code of Conduct to ensure suppliers adhere to high standards of responsible business conduct
• 8% of corporate incentive plan tied to ESG factors
• 100% of workforce and directors completed Code of Conduct and Business Ethics training

Climate Goals & Targets

Environmental Challenges

• A fatality at our Santa Luz Mine in Brazil

Mitigation Strategies

• Reinforced commitment to safety at all levels
• Site-wide safety stop and three full days of safety refresher training at Santa Luz Mine following the fatality

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events

Transition Risks

• Regulatory changes

Opportunities

• Resource efficiency opportunities
• Energy source opportunities
• Product and service opportunities
• Market access opportunities
• Resilience opportunities

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: ISO 14001 (planned for 2024), ISO 45001 (evaluated in 2023)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 8 (Decent Work and Economic Growth)
• Goal 13 (Climate Action)
• Goal 6 (Clean Water and Sanitation)
• Goal 15 (Life on Land)
• Goal 17 (Partnerships for the Goals)

Equinox Gold's initiatives contribute to these goals through various programs and strategies outlined in the report.

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed