Coeur Publishes 2022 ESG Report
26 Abril 2023 - 05:30PM
Business Wire
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE) today
published its 2022 ESG Report (the “Report”), highlighting the
Company’s efforts to advance its environmental, social and
governance practices and its responsible mining operations. The
Report details Coeur’s public targets, best-in-class corporate
governance practices and positive environmental and social impacts
aligned with generating long-term value for stockholders.
Report Highlights:
- Health and safety – Coeur continued to enhance its focus
on total worker health and safety in 2022, leading the Company to
achieve an 18% decrease in the three-year trailing average in total
reportable injury frequency rate (TRIFR). 2022 had the lowest
combined employee and contractor TRIFR in Company history since
data tracking began.
- Environmental stewardship – The Company took further
action to improve its climate resilience and reporting, including
conducting site-specific scenario analyses, energy and emissions
diagnostics, and including estimated scope 3 emissions for the
first time, leading to being on track to achieve Coeur’s goal to
reduce greenhouse gas (GHG) emissions net intensity by 35% by the
end of 2024. In 2022, the Company recognized an 8.5% reduction in
GHG emissions compared to the base year. Coeur also reintroduced
the public disclosure of SASB aligned water metrics: water
withdrawn, water consumed, water intensity, and water discharged as
well as outlining strategies and processes for managing water at
both water-stressed and water-abundant sites.
- Diversity, Equity & Inclusion – Coeur continues to
differentiate itself on inclusion within and outside of the mining
industry, advancing diversity in meaningful ways during 2022 and
achieving the goal to add at least one new female director to its
Board of Directors by the 2023 Annual Stockholders’ Meeting.
- Communities – In 2022, the Company adopted a formal
Indigenous Peoples Policy to formalize Coeur’s commitment to
establishing long-term mutually beneficial relationships with local
Indigenous communities. The Indigenous Peoples Policy outlines the
Company’s approach to engaging and partnering with Indigenous
Peoples across all phases of the mine life cycle including
exploration, operation and closure.
“Our commitment to advancing ESG principles and remaining a
leader in safe and responsible mining holds true to our pledge to
Pursue a Higher Standard as demonstrated throughout our 2022
ESG Report. As the world continues to move more towards clean
renewable energy, we take pride in being a trusted supplier of
precious and critical minerals for the future,” said Mitchell J.
Krebs, President and Chief Executive Officer. “The health, safety
and well-being of our employees, the communities in which we
operate and the planet, continues to be a top priority at Coeur,
including our Board of Directors who provides pivotal insight and
guidance on every aspect of our business including ESG-related
matters. We will continue striving to evolve and enhance all
aspects of ESG in our business as we work towards maximizing
long-term stakeholder value and advance our efforts towards
becoming America’s premier, growing provider of precious and
critical metals.”
The Company has further aligned its disclosures with the Task
Force on Climate-related Financial Disclosures (TCFD) framework as
well as continuing to incorporate elements of the Sustainable
Accounting Standards Board (SASB) reporting framework for the
Metals and Mining Industry, the United Nations Sustainable
Development Goals (SDGs) and the Global Reporting Initiative (GRI)
into the Report. In addition, Coeur is following the development of
the Task Force on Nature-related Financial Disclosures (TNFD)
framework and plans to incorporate elements of the beta framework
into its external disclosures.
A copy of the Report and a separate document containing ESG data
can be found on the Responsibility section of the Company’s
website:
https://www.coeur.com/responsibility/responsibility-overview/.
About Coeur
Coeur Mining, Inc. is a U.S.-based, well-diversified, growing
precious metals producer with four wholly-owned operations: the
Palmarejo gold-silver complex in Mexico, the Rochester silver-gold
mine in Nevada, the Kensington gold mine in Alaska and the Wharf
gold mine in South Dakota. In addition, the Company wholly-owns the
Silvertip silver-zinc-lead exploration project in British
Columbia.
Cautionary Statements
This news release contains forward-looking statements within the
meaning of securities legislation in the United States and Canada,
including statements regarding the Company’s ESG goals, efforts,
achievements and strategies. Such forward-looking statements
involve known and unknown risks, uncertainties and other factors
which may cause Coeur’s actual results, performance or achievements
to be materially different from any future results, performance or
achievements expressed or implied by the forward-looking
statements. Such factors include, among others, the risk that
anticipated ESG goals are not attained, the risks and hazards
inherent in the mining business (including risks inherent in
developing large-scale mining projects, environmental hazards,
industrial accidents, weather or geologically-related conditions),
changes in the market prices of gold, silver, zinc and lead and a
sustained lower price or higher treatment and refining charge
environment, the uncertainties inherent in Coeur’s production,
exploratory and developmental activities, including risks relating
to permitting and regulatory delays, changes in mining laws, ground
conditions and, grade and recovery variability, any future labor
disputes or work stoppages (involving the Company and its
subsidiaries or third parties), the uncertainties inherent in the
estimation of mineral reserves, changes that could result from
Coeur’s future acquisition of new mining properties or businesses,
the loss of access or insolvency of any third-party refiner or
smelter to which Coeur markets its production, the potential
effects of the COVID-19 pandemic, including impacts to the
availability of our workforce, continued access to financing
sources, government orders that may require temporary suspension of
operations at one or more of our sites and effects on our suppliers
or the refiners and smelters to whom the Company markets its
production and on the communities where we operate, the effects of
environmental and other governmental regulations and government
shut-downs, the risks inherent in the ownership or operation of or
investment in mining properties or businesses in foreign countries,
Coeur’s ability to raise additional financing necessary to conduct
its business, make payments or refinance its debt, as well as other
uncertainties and risk factors set out in filings made from time to
time with the United States Securities and Exchange Commission, and
the Canadian securities regulators, including, without limitation,
Coeur’s most recent report on Form 10-K. Actual results,
developments and timetables could vary significantly from the
estimates presented. Readers are cautioned not to put undue
reliance on forward-looking statements. Coeur disclaims any intent
or obligation to update publicly such forward-looking statements,
whether as a result of new information, future events or otherwise.
Additionally, Coeur undertakes no obligation to comment on
analyses, expectations or statements made by third parties in
respect of Coeur, its financial or operating results or its
securities. This does not constitute an offer of any securities for
sale.
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version on businesswire.com: https://www.businesswire.com/news/home/20230426005778/en/
Coeur Mining, Inc. 200 S. Wacker Drive, Suite 2100 Chicago,
Illinois 60606 www.coeur.com
Investor Contact Jeff Wilhoit, Director, Investor Relations
312-489-5800
Media Contact Donna Sabido, Manager, Corporate Communications
847-962-7630
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