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2023 Environmental, Social, and Governance Report Released by Centerra Gold

kent-jackson by kent-jackson
July 18, 2024
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2023 Environmental, Social, and Governance Report Released by Centerra Gold
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Centerra Gold Inc. (TSX: CG) (NYSE: CGAU) has released its 2023 Environmental, Social and Governance (ESG) Report, showcasing remarkable progress in sustainability efforts. Key environmental achievements include emissions of 0.22 tonnes CO2e per ounce of gold produced at main operating sites, an expanded GHG inventory totaling 141,174 CO2e, and Öksüt mine’s certification for International Cyanide Code compliance. These achievements demonstrate Centerra’s commitment to environmental responsibility.

Social accomplishments include a 17% decrease in reportable incidents, a 29% increase in local procurement spending in British Columbia, and over US$3.2 million in community investments, indicating a strong focus on community well-being. Governance milestones feature the early completion of 2026 gender diversity goals and independent assurance of adherence to Responsible Gold Mining Principles, reflecting Centerra’s dedication to ethical governance.

Positive


  • Emissions per ounce of gold produced at main operating sites were 0.22 tonnes CO2e

  • 17% decrease in reportable incidents

  • 29% increase in local procurement spending in British Columbia

  • Over US$3.2 million contributed to community investments and donations

  • Achieved 2026 gender diversity goal two years ahead of schedule

  • Received independent assurance of conformance with Responsible Gold Mining Principles

07/18/2024 – 05:00 PM

TORONTO, July 18, 2024 (GLOBE NEWSWIRE) — Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE: CGAU) has published its 2023 Environmental, Social and Governance (“ESG”) Report, focusing on sustainability-related material topics. Key highlights from the report are outlined below.

Paul Tomory, President and Chief Executive Officer of Centerra, highlighted the significance of the company’s sustainability journey in 2023, underscoring the positive impacts on long-term viability and growth. ESG remains a core value at Centerra, embraced by its leadership and governance structures.

Environmental

  • Emissions per ounce of gold produced at Centerra’s main sites were 0.22 tonnes CO2e, showcasing a commitment to reducing environmental impact.
  • Centerra expanded its GHG inventory, with consolidated global Scope 1 and 2 emissions totaling 141,174 CO2e, demonstrating a comprehensive approach to emissions tracking.
  • Öksüt mine received certification from the International Cyanide Management Institute, affirming adherence to industry standards.
  • Mount Milligan mine was recognized with a Mine Reclamation Award, highlighting environmental stewardship.

Social

  • Reportable incidents decreased by 17%, showcasing a commitment to safety and operational excellence.
  • Local procurement spending in British Columbia increased by 29%, promoting economic growth in local communities.
  • Centerra’s contributions of over US$3.2 million to community investments signify a dedication to social responsibility.

Governance

  • The company achieved its 2026 gender diversity goal early, with 38% female representation on the Board and 33% among Officers, reflecting a commitment to diversity and inclusion.
  • Centerra received independent assurance of conformance with the Responsible Gold Mining Principles set by the World Gold Council, reflecting ethical governance practices.

About Centerra

Centerra Gold Inc. is a leading Canadian gold mining company operating globally with a focus on sustainability. The company’s portfolio includes mines in North America, Türkiye, and other regions, emphasizing responsible mining practices. Centerra is committed to transparent reporting and fostering positive relationships with stakeholders.

For more information:
Lisa Wilkinson
Vice President, Investor Relations & Corporate Communications
(416) 204-3780
lisa.wilkinson@centerragold.com 

Lana Pisarenko
Senior Manager, Investor Relations
(416) 204-1957
lana.pisarenko@centerragold.com 

Additional information on Centerra is available on the Company’s website at www.centerragold.com, on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov/edgar.


FAQ

What were Centerra Gold’s (CGAU) GHG emissions in 2023?

Centerra Gold’s consolidated global Scope 1 and 2 emissions totaled 141,174 tonnes of carbon dioxide equivalent (CO2e) in 2023.

Did Centerra Gold (CGAU) achieve its gender diversity goals in 2023?

Yes, Centerra Gold achieved its 2026 gender diversity goal two years ahead of schedule, with 38% female representation on the Board of Directors and 33% among Officers of the Company.

What environmental certification did Centerra Gold’s (CGAU) Öksüt mine receive in 2023?

Centerra Gold’s Öksüt mine attained certification from the International Cyanide Management Institute, confirming complete adherence to the International Cyanide Code.

How much did Centerra Gold (CGAU) invest in community initiatives in 2023?

Centerra Gold contributed over US$3.2 million to community investments and donations across its operations in 2023.

Insight:

Centerra Gold’s commitment to sustainability is evident in achieving key environmental, social, and governance milestones. By exceeding gender diversity goals, reducing emissions, and investing in community welfare, Centerra exemplifies responsible corporate citizenship and sets a benchmark for sustainable mining practices.

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Centerra Gold Inc. (TSX: CG) (NYSE: CGAU) has released its 2023 Environmental, Social and Governance (ESG) Report, showcasing remarkable progress in sustainability efforts. Key environmental achievements include emissions of 0.22 tonnes CO2e per ounce of gold produced at main operating sites, an expanded GHG inventory totaling 141,174 CO2e, and Öksüt mine’s certification for International Cyanide Code compliance. These achievements demonstrate Centerra’s commitment to environmental responsibility.

Social accomplishments include a 17% decrease in reportable incidents, a 29% increase in local procurement spending in British Columbia, and over US$3.2 million in community investments, indicating a strong focus on community well-being. Governance milestones feature the early completion of 2026 gender diversity goals and independent assurance of adherence to Responsible Gold Mining Principles, reflecting Centerra’s dedication to ethical governance.

Positive


  • Emissions per ounce of gold produced at main operating sites were 0.22 tonnes CO2e

  • 17% decrease in reportable incidents

  • 29% increase in local procurement spending in British Columbia

  • Over US$3.2 million contributed to community investments and donations

  • Achieved 2026 gender diversity goal two years ahead of schedule

  • Received independent assurance of conformance with Responsible Gold Mining Principles

07/18/2024 – 05:00 PM

TORONTO, July 18, 2024 (GLOBE NEWSWIRE) — Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE: CGAU) has published its 2023 Environmental, Social and Governance (“ESG”) Report, focusing on sustainability-related material topics. Key highlights from the report are outlined below.

Paul Tomory, President and Chief Executive Officer of Centerra, highlighted the significance of the company’s sustainability journey in 2023, underscoring the positive impacts on long-term viability and growth. ESG remains a core value at Centerra, embraced by its leadership and governance structures.

Environmental

  • Emissions per ounce of gold produced at Centerra’s main sites were 0.22 tonnes CO2e, showcasing a commitment to reducing environmental impact.
  • Centerra expanded its GHG inventory, with consolidated global Scope 1 and 2 emissions totaling 141,174 CO2e, demonstrating a comprehensive approach to emissions tracking.
  • Öksüt mine received certification from the International Cyanide Management Institute, affirming adherence to industry standards.
  • Mount Milligan mine was recognized with a Mine Reclamation Award, highlighting environmental stewardship.

Social

  • Reportable incidents decreased by 17%, showcasing a commitment to safety and operational excellence.
  • Local procurement spending in British Columbia increased by 29%, promoting economic growth in local communities.
  • Centerra’s contributions of over US$3.2 million to community investments signify a dedication to social responsibility.

Governance

  • The company achieved its 2026 gender diversity goal early, with 38% female representation on the Board and 33% among Officers, reflecting a commitment to diversity and inclusion.
  • Centerra received independent assurance of conformance with the Responsible Gold Mining Principles set by the World Gold Council, reflecting ethical governance practices.

About Centerra

Centerra Gold Inc. is a leading Canadian gold mining company operating globally with a focus on sustainability. The company’s portfolio includes mines in North America, Türkiye, and other regions, emphasizing responsible mining practices. Centerra is committed to transparent reporting and fostering positive relationships with stakeholders.

For more information:
Lisa Wilkinson
Vice President, Investor Relations & Corporate Communications
(416) 204-3780
lisa.wilkinson@centerragold.com 

Lana Pisarenko
Senior Manager, Investor Relations
(416) 204-1957
lana.pisarenko@centerragold.com 

Additional information on Centerra is available on the Company’s website at www.centerragold.com, on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov/edgar.


FAQ

What were Centerra Gold’s (CGAU) GHG emissions in 2023?

Centerra Gold’s consolidated global Scope 1 and 2 emissions totaled 141,174 tonnes of carbon dioxide equivalent (CO2e) in 2023.

Did Centerra Gold (CGAU) achieve its gender diversity goals in 2023?

Yes, Centerra Gold achieved its 2026 gender diversity goal two years ahead of schedule, with 38% female representation on the Board of Directors and 33% among Officers of the Company.

What environmental certification did Centerra Gold’s (CGAU) Öksüt mine receive in 2023?

Centerra Gold’s Öksüt mine attained certification from the International Cyanide Management Institute, confirming complete adherence to the International Cyanide Code.

How much did Centerra Gold (CGAU) invest in community initiatives in 2023?

Centerra Gold contributed over US$3.2 million to community investments and donations across its operations in 2023.

Insight:

Centerra Gold’s commitment to sustainability is evident in achieving key environmental, social, and governance milestones. By exceeding gender diversity goals, reducing emissions, and investing in community welfare, Centerra exemplifies responsible corporate citizenship and sets a benchmark for sustainable mining practices.

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