Workflow
Eldorado Gold Publishes 2023 Sustainability Report; Our Sustainability Framework in Action
Eldorado GoldEldorado Gold(US:EGO) Newsfilter·2024-05-31 21:05

Core Message - Eldorado Gold Corporation published its 2023 Sustainability Report, highlighting its ESG performance and achievements across its global operations [1][2] Sustainability Framework Pillars Safe, Inclusive and Innovative Operations - Achieved AAA level in Biodiversity Conservation Management and Tailings Management at Olympias against MAC-TSM standards [2] - Reduced potentially fatal occurrence frequency rate by 20% globally [6] - Achieved a 10% reduction in lost-time injury frequency rate (LTIFR) from 2022, the lowest in 12 years [6] Responsibly Produced Products - Received full conformance assurance with the World Gold Council's Responsible Gold Mining Principles (RGMP) Year 3 requirements [6] - Formally adopted the first-ever Supplier Code of Conduct across global operations [6] Engaged and Prosperous Communities - Board of Directors composition exceeded diversity targets with 56% female representation and 11% from other designated groups [6] - 79% of employees hired from local communities and 99% from the countries where the company operates [6] - Paid $693 million to domestic suppliers, an 18% increase from 2022 [6] - Invested $4.29 million in community projects, with 56% focused on education, infrastructure, and economic development [6] - Zero major community or human rights incidents reported [7] Healthy Environments Now and for the Future - No major environmental incidents or significant spills across global sites [13] - Implemented Climate Change Strategy targeting a 30% reduction in GHG emissions by 2030 from 2020 levels [13] - Operationalized the first electric haul truck at the Lamaque Complex for underground operations [13] Reporting Standards - The 2023 Sustainability Report aligns with GRI Universal Standards, SASB Metals & Mining Standard, and UN Guiding Principles Reporting Framework [9] Company Overview - Eldorado Gold is a gold and base metals producer with operations in Canada, Türkiye, and Greece [11] - The company trades on the Toronto Stock Exchange (TSX:ELD) and the New York Stock Exchange (NYSE:EGO) [11]