Centerra Gold Publishes 2024 Sustainability Report
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Centerra Gold (NYSE: CGAU) has released its 2024 Sustainability Report, highlighting significant ESG achievements. The company reported total global scope 1 and 2 GHG emissions of 137,719 and 34,727 tCO2e respectively, with emissions of 0.28 tCO2e per gold ounce at Mount Milligan and Öksüt mines, significantly below industry average of 0.66 tCO2e. Notable achievements include a reduced injury rate of 0.71, 31% increase in Indigenous business collaboration, and $134 million in local procurement spending. The company exceeded its 2026 gender diversity goals with 38% female board representation and 33% among officers. Environmental initiatives included implementing climate strategy, improving water recycling at Mount Milligan, and achieving ISO 50001 certification at Öksüt.
Centerra Gold (NYSE: CGAU) ha pubblicato il suo Rapporto di Sostenibilità 2024, evidenziando importanti risultati ESG. L'azienda ha riportato emissioni globali totali di gas serra di scope 1 e 2 pari rispettivamente a 137.719 e 34.727 tCO2e, con emissioni di 0,28 tCO2e per oncia d'oro nelle miniere di Mount Milligan e Öksüt, ben al di sotto della media del settore di 0,66 tCO2e. Tra i risultati più rilevanti si segnalano una riduzione del tasso di infortuni a 0,71, un aumento del 31% nella collaborazione con imprese indigene e 134 milioni di dollari spesi in approvvigionamenti locali. L'azienda ha superato gli obiettivi di diversità di genere fissati per il 2026, con una rappresentanza femminile del 38% nel consiglio di amministrazione e del 33% tra i dirigenti. Le iniziative ambientali hanno incluso l'implementazione di una strategia climatica, il miglioramento del riciclo dell'acqua a Mount Milligan e l'ottenimento della certificazione ISO 50001 a Öksüt.
Centerra Gold (NYSE: CGAU) ha publicado su Informe de Sostenibilidad 2024, destacando importantes logros en ESG. La compañía reportó emisiones globales totales de gases de efecto invernadero de alcance 1 y 2 de 137,719 y 34,727 tCO2e respectivamente, con emisiones de 0.28 tCO2e por onza de oro en las minas Mount Milligan y Öksüt, muy por debajo del promedio de la industria de 0.66 tCO2e. Entre los logros destacados se incluyen una tasa de lesiones reducida a 0.71, un aumento del 31% en la colaboración con negocios indígenas y 134 millones de dólares en compras locales. La empresa superó sus objetivos de diversidad de género para 2026 con un 38% de representación femenina en el consejo y un 33% entre los ejecutivos. Las iniciativas ambientales incluyeron la implementación de una estrategia climática, mejora del reciclaje de agua en Mount Milligan y la certificación ISO 50001 en Öksüt.
Centerra Gold (NYSE: CGAU)는 2024년 지속 가능성 보고서를 발표하며 중요한 ESG 성과를 강조했습니다. 회사는 전 세계 범위 1 및 2 온실가스 배출량을 각각 137,719 및 34,727 tCO2e로 보고했으며, Mount Milligan과 Öksüt 광산에서 금 온스당 배출량은 0.28 tCO2e로 업계 평균인 0.66 tCO2e보다 훨씬 낮았습니다. 주목할 만한 성과로는 부상률 0.71 감소, 토착 기업과의 협력 31% 증가, 1억 3,400만 달러의 지역 조달 지출이 포함됩니다. 회사는 2026년 성별 다양성 목표를 초과 달성하여 이사회 여성 비율 38%, 임원진 여성 비율 33%를 기록했습니다. 환경 이니셔티브로는 기후 전략 실행, Mount Milligan의 물 재활용 개선, Öksüt의 ISO 50001 인증 획득이 포함되었습니다.
Centerra Gold (NYSE : CGAU) a publié son rapport de durabilité 2024, mettant en avant d'importantes réalisations en matière d'ESG. La société a déclaré des émissions mondiales totales de gaz à effet de serre de scope 1 et 2 de 137 719 et 34 727 tCO2e respectivement, avec des émissions de 0,28 tCO2e par once d'or dans les mines de Mount Milligan et Öksüt, bien en dessous de la moyenne du secteur qui est de 0,66 tCO2e. Parmi les réalisations notables figurent un taux de blessure réduit à 0,71, une augmentation de 31 % de la collaboration avec les entreprises autochtones et 134 millions de dollars dépensés en achats locaux. L'entreprise a dépassé ses objectifs de diversité de genre pour 2026 avec 38 % de femmes au conseil d'administration et 33 % parmi les cadres. Les initiatives environnementales ont inclus la mise en œuvre d'une stratégie climatique, l'amélioration du recyclage de l'eau à Mount Milligan et l'obtention de la certification ISO 50001 à Öksüt.
Centerra Gold (NYSE: CGAU) hat seinen Nachhaltigkeitsbericht 2024 veröffentlicht und dabei bedeutende ESG-Erfolge hervorgehoben. Das Unternehmen meldete globale Treibhausgasemissionen der Scope 1 und 2 von jeweils 137.719 und 34.727 tCO2e, mit Emissionen von 0,28 tCO2e pro Unze Gold in den Minen Mount Milligan und Öksüt, was deutlich unter dem Branchendurchschnitt von 0,66 tCO2e liegt. Zu den bemerkenswerten Erfolgen zählen eine verringerte Verletzungsrate von 0,71, eine 31%ige Steigerung der Zusammenarbeit mit indigenen Unternehmen und 134 Millionen US-Dollar Ausgaben für lokale Beschaffung. Das Unternehmen übertraf seine Ziele zur Geschlechtervielfalt für 2026 mit 38% Frauenanteil im Vorstand und 33% unter den Führungskräften. Umweltinitiativen umfassten die Umsetzung einer Klimastrategie, Verbesserung der Wasserwiederverwertung in Mount Milligan und die Zertifizierung nach ISO 50001 in Öksüt.
Positive
- Emissions per ounce of gold (0.28 tCO2e) significantly below industry average (0.66 tCO2e)
- Improved safety metrics with reduced injury frequency rate to 0.71 from 0.76
- 31% increase in Indigenous business collaboration and 19% Indigenous employee representation in BC
- 26% increase in local procurement spending to $134 million
- Exceeded 2026 gender diversity goals with 38% female board representation
Negative
- None.
TORONTO, June 05, 2025 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE: CGAU) announces that it has published its 2024 Sustainability Report, which outlines the Company’s performance on Environmental, Social and Governance (“ESG”) topics. Key highlights and achievements from the report are included below. The full report can be accessed on Centerra’s website at: www.centerragold.com/sustainability/overview/
Paul Tomory, President and Chief Executive Officer of Centerra, commented “At Centerra, we continue to believe that responsible mining is a key driver of long-term value and profitable growth. In 2024, we achieved several key milestones in workplace health and safety, climate and environment, and governance and transparency. Our sustainability reporting continues to evolve, and we are committed to meeting rising expectations through increased transparency and alignment with accepted frameworks and standards.”
Environmental
- Total global scope 1 and 2 greenhouse gas (“GHG”) emissions were 137,719 and 34,727 tonnes of carbon dioxide equivalent (“tCO2e”), respectively. Emissions per ounce of gold produced at the Company’s two main operating mines, Mount Milligan and Öksüt, was 0.28 tCO2e per ounce, which is well below the sector’s weighted average emissions intensity of 0.66 tCO2e per ounce.
- Centerra continued to implement its climate change strategy with a focus on economically feasible site-level decarbonization initiatives, refining climate risk scenario analysis, and strengthening climate disclosures.
- Centerra completed a climate resiliency plan outlining key climate physical and transitional risk and opportunities across all operations.
- Öksüt earned an ISO 50001 energy management system certification and attained certification from the International Cyanide Management Institute, confirming full compliance with the International Cyanide Management Code.
- Mount Milligan implemented initiatives to improve mine water recycling to reduce freshwater intake volumes, further strengthening recycling and conservation goals.
Social
- Reduced total reportable injury frequency rate to 0.71, down from 0.76 in the prior year.
- Increased collaboration with Indigenous-owned businesses by
31% to 21 businesses, up from 16 in from 2023 and achieved19% Indigenous employee representation across British Columbia operations. - Local procurement spending across all operating jurisdictions increased by
26% from 2023, for a total of$134 million spent in 2024. - Continued global talent management initiatives aimed at identifying and developing future leadership potential.
Governance
- Centerra surpassed its 2026 gender diversity goal for a second year in a row with
38% female representation on the Board of Directors and33% among officers of the Company. - Received independent assurance of conformance with the World Gold Council’s Responsible Gold Mining Principles.
About Centerra Gold
Centerra Gold Inc. is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold and copper properties in North America, Türkiye, and other markets worldwide. Centerra operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the Öksüt Mine in Türkiye. The Company also owns the Kemess Project in British Columbia, Canada, the Goldfield Project in Nevada, United States, and owns and operates the Molybdenum Business Unit in the United States and Canada. Centerra’s shares trade on the Toronto Stock Exchange (“TSX”) under the symbol CG and on the New York Stock Exchange (“NYSE”) under the symbol CGAU. The Company is based in Toronto, Ontario, Canada.
For more information:
Lisa Wilkinson
Vice President, Investor Relations & Corporate Communications
(416) 204-3780
Lisa.Wilkinson@centerragold.com
Additional information on Centerra is available on the Company’s website at www.centerragold.com, on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov/edgar.
FAQ
What are Centerra Gold's (CGAU) greenhouse gas emissions per ounce of gold production in 2024?
Centerra Gold reported 0.28 tCO2e emissions per ounce of gold at its Mount Milligan and Öksüt mines, well below the industry average of 0.66 tCO2e per ounce.
How did Centerra Gold's safety performance improve in 2024?
Centerra Gold reduced its total reportable injury frequency rate to 0.71 in 2024, down from 0.76 in the previous year.
What is Centerra Gold's female representation on its Board of Directors in 2024?
Centerra Gold achieved 38% female representation on its Board of Directors, exceeding its 2026 gender diversity goal.
How much did Centerra Gold spend on local procurement in 2024?
Centerra Gold spent $134 million on local procurement in 2024, representing a 26% increase from 2023.
What percentage of Indigenous employees does Centerra Gold have in its British Columbia operations?
Centerra Gold achieved 19% Indigenous employee representation across its British Columbia operations in 2024.
Centerra Gold