Kinross releases 2024 Sustainability Report

Core Insights - Kinross Gold Corporation published its 2024 Sustainability Report, highlighting significant progress in its Sustainability Strategy and commitment to responsible mining [2][3] Group 1: Sustainability Performance - The company generated a total economic benefit of $4.0 billion to host countries through various contributions, including $416 million in government payments, $680.7 million in wages, $2.9 billion in procurement, and $13 million in community support [6] - Since 2010, Kinross has contributed $54 billion to the economies of its host countries [6] - The company maintained a low injury frequency rate and engaged over 12,000 employees and business partners in the Safety Excellence Program [6] Group 2: Workforce and Community - Kinross achieved 99% local employment within its workforce, with approximately 93% of management positions filled by individuals from host countries, marking a 1% increase from 2023 [6] - Gender diversity improved, with 22% female representation in senior management and 25% in Senior Leadership Team positions [6] - The company completed over 58,000 stakeholder engagements, including with local communities and indigenous peoples [6] Group 3: Environmental Stewardship - Kinross maintained best-in-class tailings management standards with a 32-year record of zero tailings breaches [10] - The company recycled 75% of water at operating mine sites and reclaimed 95 hectares of land in 2024 [10] - The Tasiast solar power plant generated 50,615 MWh of clean energy, representing 17% of total electrical power at the site [10] Group 4: Recognition and Reporting Standards - Kinross received high rankings in sustainability, including recognition in the S&P 2025 Global Sustainability Yearbook and a score in the 94th percentile in Moody's ranking [5] - The 2024 Sustainability Report included independent assurance of 49 performance metrics and aligned with various international reporting standards [4]