07:47:41 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Equinox Gold Corp (2)
Symbol EQX
Shares Issued 312,319,599
Close 2023-05-03 C$ 7.54
Market Cap C$ 2,354,889,776
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Equinox Gold talks 2022 ESG highlights

2023-05-03 16:34 ET - News Release

Mr. Greg Smith reports

EQUINOX GOLD PUBLISHES 2022 ESG REPORT

Equinox Gold Corp. has published its 2022 environmental, social and governance (ESG) report. The 2022 ESG Report and data tables summarizing the Company's performance against relevant Global Reporting Initiative (GRI) and Sustainability Accounting Standards Board (SASB) metrics are available for review and download on Equinox Gold's website at www.EquinoxGold.com.

Greg Smith, President & CEO of Equinox Gold, commented: "Equinox Gold's 2022 ESG Report summarizes our responsible mining commitments and management approach to key ESG issues. We also published our inaugural Climate Action Report in February and expect to publish our first Water Stewardship Report later this year. We have worked over the last five years to ensure responsible mining principles are incorporated into the foundation of our business strategy. We are seeing positive results from those efforts, achieving all our ESG objectives during 2022, and will continue to build on that performance going forward."

2022 ESG Highlights

Environment

  • Improved our environmental performance by 7% compared to 2021, with no major incidents and a Significant Environmental Incident Frequency Rate of 0.63 per million hours worked
  • Reduced greenhouse gas (GHG) emissions by 10% compared to 2021
  • Set a target to achieve a 25% reduction in our GHG emissions by 2030 compared to our "business-as-usual" forecast were no intervention measures taken
  • Published our first Climate Action Report using the Task Force on Climate-related Financial Disclosures framework
  • Updated our Tailings Management Overview Report and published data for the second time to CDP
  • Entered into renewable energy wind and solar power contracts for select Brazil operations
  • Used 58% recycled water at our operations
  • Reclaimed 145 hectares of land
  • Planted 18,966 trees in reforestation projects around our sites

Social

  • Improved our health and safety performance by 30% compared to 2021, with no fatalities and a Total Recordable Injury Frequency Rate of 2.12 per million hours worked
  • Had no lost-time incidents during the fourth quarter, and six of eight sites had no lost-time injuries during 2022
  • Provided 203,000 hours of training to our employees, of which more than 36% was on health and safety topics
  • Invested US$8.7 million to support community initiatives
  • Launched an employee share purchase plan in which 75% of eligible employees participate

Governance

  • Achieved Level A ratings in at least 75% of Towards Sustainable Mining protocols at all mine sites
  • Developed Social Management Standards and Human Rights Management Standards
  • Completed the United Nations Global Compact Target Gender Equality Program
  • Completed Code of Ethics training for our entire workforce

2023 ESG Priorities

  • Continue to improve our health and safety and environmental performance Implement our Social Management Standards, Human Rights Management Standards and Environmental Management Standards across all sites
  • Develop a water stewardship strategy and publish our first Water Management Report
  • Update our Tailings Management Overview Report and publish data to CDP
  • Develop a Diversity and Inclusion Strategy based on international best practices
  • Achieve Level A ratings in 100% of Towards Sustainable Mining protocols

More information about Equinox Gold's 2022 performance, 2023 targets and commitments to responsible mining is available in the reports and other disclosure on our website at www.equinoxgold.com/responsible-mining.

We seek Safe Harbor.

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