Oceanagold Releases 2023 Sustainability Report
VANCOUVER, BC, May 8, 2024 /CNW/ - OceanaGold Corporation (TSX:OGC) (OTCQX:OCANF) ("OceanaGold" or the "Company") is pleased to publish its annual Sustainability Report and related documents for the year ended December 31, 2023.
Gerard Bond, President and CEO of OceanaGold, said "We made good progress on our sustainability commitments in 2023, consistent with our Purpose of mining gold for a better future. Sustainability remains central to our strategy and Company performance. It matters to our investors who rely on sustainability performance in their investment decisions, to our employees who want to work for a purpose-driven organization and to other stakeholders who expect us to manage the impacts associated with our operations. We are committed to integrating sustainable practices throughout our business, with a particular focus on keeping our people safe and healthy, reducing our environmental impacts, and creating benefits and opportunities beyond our mines."
Megan Saussey, Chief Sustainability Officer of OceanaGold, said "2023 was a year of building on our strong foundations of operating safely and responsibly. Our goal is to be excellent in sustainability, to further enhance the trust we have with our stakeholders and build an even more resilient business."
2023 Sustainability Performance Highlights
- Total Recordable Injury Frequency Rate (TRIFR) of 4.41 and injury severity rate of 0.22.
- Zero material environmental incidents2.
- Independently assured OceanaGold's conformance with the World Gold Council's Responsible Gold Mining Principles (RGMPs) and Conflict-Free Gold Standard.
- Achieved Morgan Stanley Capital International (MSCI) AA and Leader rating.
- Completed a gap assessment against the Global Industry Standard on Tailings Management.
- Board approval of an updated Sustainability Strategy and Climate Change Strategy.
- Energy and greenhouse-gas emission-reduction plans developed for all sites.
- Spent over US$198 million with local suppliers and over US$9 million on social investment contributions.
- Developed a Supplier Code of Conduct.
- New ...
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