Centerra Gold Sets New Benchmarks in Sustainability with 2023 ESG Report
TORONTO, July 18, 2024 - Centerra Gold Inc. (Centerra or the Company) (TSX: CG) (NYSE: CGAU) has made significant strides in its commitment to environmental, social, and governance (ESG) practices, as highlighted in its recently published 2023 ESG Report. The comprehensive report underscores Centerra’s dedication to sustainability-related material topics and sets new benchmarks for the industry.
With increasing global attention on ESG factors, Centerra’s report showcases its efforts to minimize environmental impact, promote social responsibility, and uphold robust governance practices. These initiatives reflect Centerra’s commitment to sustainable mining operations and its proactive approach to meeting evolving stakeholder expectations.
Environmental Stewardship
Centerra’s report shines a spotlight on its environment preservation efforts, which include energy efficiency initiatives, climate change mitigation strategies, and responsible water management. The company has achieved its greenhouse gas emissions reduction target two years ahead of schedule, and its commitment to renewable energy has resulted in significant decreases in carbon emissions. Additionally, Centerra has implemented innovative biodiversity conservation practices and responsible tailings management, ensuring minimal impact on ecosystems.
Social Responsibility
Centerra recognizes the importance of maintaining strong relationships with local communities and enhancing the well-being of its employees. The company’s support for sustainable community development is evident in its partnerships with local organizations, investments in education and health programs, and job creation initiatives. In line with its commitment to fostering diversity and inclusivity, Centerra has made notable progress in gender diversity within its workforce and is actively working towards increasing Indigenous representation.
Governance Excellence
Centerra has always prioritized robust governance practices, and the report highlights its continued efforts in this area. The company’s comprehensive risk management strategy and transparent disclosure policies ensure high accountability to stakeholders. Centerra’s commitment to ethical conduct, compliance with international standards, and responsible supply chain management demonstrates its dedication to maintaining the highest governance standards.
Centerra’s 2023 ESG Report serves as a testament to the company’s commitment to sustainable practices and its positive impact on communities and the environment. The report highlights Centerra’s achievements and progress while setting new industry benchmarks, positioning Centerra as a leader in sustainable mining.
Centerra’s CEO, John Williamson, expressed his satisfaction with the company’s accomplishments, stating, We are proud of the significant progress we have made in integrating ESG principles into our operations. Our commitment to sustainability goes hand in hand with our ambition to create long-term value for our shareholders, employees, and the communities in which we operate.
The full 2023 ESG Report can be accessed on Centerra’s website at www.centerragold.com/sustainability.
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