Goals & Performance

2021 Goals & Performance

We set ESG goals to focus our efforts in key areas and continually improve our performance. In 2021, we published annual goals in both our 2020 Sustainability Report and our 2020 Communication on Progress. The table below consolidates these goals and details our performance.

2021 Goals	2021 Performance
Achieve zero significant environmental incidents (SEIs) at our operations.	✓
Improve bi-annual environmental audit performance.	✗
Reduce water use by 6% compared to the 2021 base case.	✓
Continue post-closure activities at Alamo Dorado and conduct interim reclamation projects at our active operations.	✓
Achieve 80 hectares net positive impact on vegetation and biodiversity across all our sites.	✓
Reduce 11% of non-rock related waste compared to the 2021 base case.	✗
Reduce 0.3% of energy consumption compared to the 2021 base case.	✓
Reduce GHG emissions by 11% compared to the 2021 base case.	✓
Achieve Level A Towards Sustainable Mining (TSM)* performance for all protocols at all operations.	✗
100% action plans implementation for all the TSM environmental protocols.	✓

2021 Goals	2021 Performance
Achieve zero fatalities.	✗
Maintain Lost Time Injury Frequency (LTIF) of 0.90 or less.	✗
Maintain Lost Time Injury Severity (LTIS) of 525 or less.	✗
Achieve zero new social disputes at our operations.	✓
Resolve all medium and high-risk grievances by the end of 2021.	✓
Review community response mechanism system performance at Mexican operations; expand the internal auditing of response mechanisms to all mines.	✓
Develop a corporate Social Closure Standard, aligned with the TSM Mine Closure Framework, the social closure requirements of the International Council for Minerals and Metals’ (ICMM) Integrated Mine Closure, Good Practice Guide (2019), and Performance Expectation.	✓
Achieve Level A in TSM Aboriginal and Community Outreach Protocol.	✓
Begin the implementation of the new TSM Indigenous and Community Relationships Protocol.	✓
Continue to expand our community engagement activities based on open dialogue and transparency, following international best practices.	✓
Improve access to quality education in the communities near our mines.	✓
Continue to improve access to health care in the communities near our mines in coordination with local government priorities.	✓
Continue to develop additional, alternative economic opportunities in communities near our mines.	✓
Continue the development of community training programs that attract new talent to operations.	✓
Complete the first phase of our Building Respect Together program, covering 70% or more of our workforce.	✓

2021 Goals	2021 Performance
Train 400 key employees on corruption risks.	✓
Certify 100% of Board members, officers, executives, and senior management under the Anti-Corruption Policy and the Code of Ethical Conduct.	✓

* TSM is an initiative of the Mining Association of Canada (MAC) designed to drive operations-level sustainability performance and manage risks.

2022 Goals

UN SDG Icon for SDG 6: Clean Water and Sanitation

UN SDG Icon for SDG 7: Affordable and Clean Energy

2022 Goals	Prioritized UN SDGs	UNGC Principles
Achieve zero significant environmental incidents (SEIs) at our operations.		7, 8, 9 1, 2
Reduce water use by 1% compared to the 2022 base case.		7, 8, 9 1, 2
Reduce energy use by 3% compared to the 2022 base case.		7, 8, 9 1, 2
Reduce GHG emissions by 3% compared to the 2022 base case.		7, 8, 9 1, 2
Continue post-closure activities at Alamo Dorado and conduct interim reclamation projects at our active operations.		7, 8, 9 1, 2
Achieve 100 hectares of reforestation or revegetation across all our sites.		7, 8, 9 1, 2
Reduce non-rock related waste generation by 4% and increase recycled/reused waste by 11% compared to the 2022 base case.		7, 8, 9 1, 2
Improve bi-annual environmental audit performance.		7, 8, 9 1, 2

UN SDG Icon for SDG 3: Good Health and Well Being

UN SDG Icon for SDG 8: Decent Work and Economic Growth

2022 Goals	Prioritized UN SDGs	UNGC Principles
Achieve zero fatalities.		3, 4 1, 2
Maintain Lost Time Injury Frequency (LTIF) of 0.90 or less.		3, 4 1, 2
Maintain Lost Time Injury Severity (LTIS) of 525 or less.		3, 4 1, 2
Achieve zero new social disputes at our operations.		1, 2 3, 4, 5, 6
Resolve all medium and high-risk grievances received through our community response mechanism within the target timeframe.**		1, 2 3, 4, 5, 6
Continue expanding our socio-economic programs and projects in the communities near our mines.		1, 2 6
Complete the second module “Awareness” of our Building Respect Together program, covering 100% of our workforce.		3, 4, 5, 6 1, 2
Implement our Human Capital Development management system at our operations.		3, 4, 5, 6 1, 2
Conduct sustainability audits at the operations in Argentina, Mexico, and Canada.		3, 4, 5, 6 1, 2

UN SDG Icon for SDG 12: Responsible Consumption and Production

2022 Goals	Prioritized UN SDGs	UNGC Principles
Train 400 key employees on Anti-Corruption policy.		10 1, 2
Assess 150 critical suppliers using our supplier due diligence system.		10 3, 4, 5, 6 1, 2
Commence external verification of TSM performance at our operations.		1, 2 3, 4, 5, 6 7, 8, 9

** Grievances should be acknowledged within 15 days of receipt and should be resolved within 90 days of receipt.

2021 Sustainability Report

Our 2021 Sustainability Report is prepared in accordance with Global Reporting Initiative (GRI) Standards and is aligned with Sustainability Accounting Standards Board (SASB) Standard. It also contains information in consideration of the Task Force on Climate Related Financial Disclosures (TCFD) reporting framework and serves as our annual Communication on Progress for the United Nations Global Compact (UNGC).