Our Approach & Performance

“The Company is committed to attracting and retaining a diverse workforce, having an environment that is welcoming and respectful and upholding human rights.

We constantly strive to improve our stewardship of the environment and work towards achieving our short and medium-term climate goals.”

Gillian Winckler, Chair of the Board

“On the environmental front, we exceeded our goals in key metrics, including reduction of greenhouse gas emissions and energy use.

As we look forward to 2023 and beyond, our focus continues to be on delivering strong operational and ESG performance.”

Michael Steinmann, CEO

View Sustainability Report

Fire-Rescue Team Members Conducting Drills

Management Approach to ESG

We operate ethically and apply sustainable business practices throughout the mining lifecycle with the objective of creating value for our Communities of Interest (COIs).

Learn More about Management Approach to ESG

Two Pan American Silver Mine Employees Having a Conversation

Human Rights

At Pan American Silver, respect for human rights has guided our relationships with our COIs, especially local communities, throughout our history of operating in the Americas.

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Plant at Dusk in the Foreground with Pan American Silver Mining Operation in the Background

Policies & Commitments

Pan American Silver has adopted policies, standards, and guidelines that articulate the way our directors, officers and employees are expected to behave and guide our business.

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2022 Highlights

Significant Environmental Incidents

1185250

hours of safety training in 2022

14700000

in community investments

GHG emission reduction compared to 2022 base case

100

of our workforce received training on module 2 of our “Building Respect Together” Program

hectares achieved of rehabilitated or restored land

Reduction in water use compared to 2022 base case

37.5

Of our Board members are women at the end of 2022, including our Board Chair (current women board representation is 45%)

View Our Goals & Performance

Our Commitment to the UN SDGs

In 2022, we have aligned the objectives of eight prioritized SDGs with our 2023 Sustainability Goals, which will drive our performance and maximize positive impact in these areas.

Here you’ll find a few of these SDG highlights. To see all of our commitments to the UN SDGs, please click the link below.

View All our Prioritized UN SDG Goals

Goal:

Ensure healthy lives and promote well-being for all at all ages.

Mining can contribute to SDG3 by championing occupational health and safety, offering and encouraging preventative care, mitigating the spread of disease, and increasing mental health awareness in our COI communities.

Learn more about how we’re working on SDG3 on our UN Sustainable Development Goals page.

Goal:

Achieve gender equality and empower all women and girls.

As a historically male-dominated industry, mining can contribute to this SDG by offering equal opportunities for women and practising gender inclusion across the business and project life cycle.

Learn more about how we’re working on SDG5 on our UN Sustainable Development Goals page.

Goal:

Ensure access to affordable, reliable, sustainable and modern energy for all.

Through improving energy efficiency and incorporating renewable energy, the mining industry can make a significant contribution to SDG7.

Learn more about how we’re working on SDG7 on our UN Sustainable Development Goals page.

Goal:

Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.

The mining industry can contribute to SDG8 by providing well-paid direct and indirect jobs. In particular, mining can contribute to the economic outcomes of local communities by supporting and procuring from local suppliers.

Learn more about how we’re working on SDG8 on our UN Sustainable Development Goals page.

Goal:

Target urgent action to combat climate change and its impacts.

Mining companies can contribute to SDG13 by reducing emissions, building climate change resilience, and recognizing climate change in planning and investment.

Learn more about how we’re working on SDG13 on our UN Sustainable Development Goals page.

Goal:

Ensure healthy lives and promote well-being for all at all ages.

Learn more about how we’re working on SDG3 on our UN Sustainable Development Goals page.

Goal:

Achieve gender equality and empower all women and girls.

As a historically male-dominated industry, mining can contribute to this SDG by offering equal opportunities for women and practising gender inclusion across the business and project life cycle.

Learn more about how we’re working on SDG5 on our UN Sustainable Development Goals page.

Goal:

Ensure access to affordable, reliable, sustainable and modern energy for all.

Through improving energy efficiency and incorporating renewable energy, the mining industry can make a significant contribution to SDG7.

Learn more about how we’re working on SDG7 on our UN Sustainable Development Goals page.

Goal:

Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.

Learn more about how we’re working on SDG8 on our UN Sustainable Development Goals page.

Goal:

Target urgent action to combat climate change and its impacts.

Mining companies can contribute to SDG13 by reducing emissions, building climate change resilience, and recognizing climate change in planning and investment.

Learn more about how we’re working on SDG13 on our UN Sustainable Development Goals page.

2022 Sustainability Report

Our 2022 Sustainability Report is prepared in accordance with Global Reporting Initiative (GRI) Standards and the Sustainability Accounting Standards Board (SASB) Standard. It also contains information in consideration of the Task Force on Climate Related Financial Disclosures (TCFD) reporting framework.