Pan American Silver provides enhanced exposure to silver through large silver reserves and catalysts to grow silver production.
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. Our Global Code provides the foundation for responsible business conduct and defines the key principles for operating ethically and in compliance with the law, for workplace relationships, and working with COIs. Our policy commitments and standards are based on industry best practices, international norms and performance standards, and respond to COI expectations.
Visit our Corporate Governance page for more information on other company policies, guidelines and charters.
We are members and supporters of industry associations that help us advance our sustainability performance. Our participation provides a forum to learn from and dialogue with our peers, as well as a platform through which we collaborate and contribute to industry best practices. We also take part in initiatives that help address key sustainability challenges of relevance to our Company and COIs.
In 2020, our CEO signed the BlackNorth Initiative’s CEO pledge committing Pan American Silver to take steps to end anti-Black systemic racism.
Through our membership in MAC, we are currently implementing the Towards Sustainable Mining (TSM) performance system. Our TSM performance is discussed in the Sustainability Governance and Management section.
We are working with the Silver Institute on a new study to assess and communicate silver’s unique role in low-carbon energy solutions.
To support the wellbeing and rights of children, we have been working with UNICEF Canada for several years. In 2020, we entered into a 3-year $1.5 million partnership commitment with UNICEF Canada, to provide support in the areas of health and education to vulnerable children and families in the Latin American countries where we operate. The program will put emphasis in COVID-19 related issues.
We are advancing the interests of women and facilitating conversations on inclusion and diversity in mining sector.
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).