Fortuna publishes its 2024 Sustainability Report
Fortuna Mining Corp. (NYSE: FSM) has released its seventh annual Sustainability Report for 2024, showcasing significant achievements in ESG performance. The company reported zero fatal incidents, with a Lost Time Injury Frequency Rate of 0.48 and maintained strong environmental standards with zero significant spills. Notable metrics include a carbon intensity of 0.38 tonnes CO2e per gold equivalent ounce and 14% renewable energy usage.
The company demonstrated robust community engagement with $103 million in government payments and $9.2 million allocated to community development. Fortuna employs 5,099 full-time workers, with 41% from local communities and 16% being women. The report highlights the company's governance structure, with 63% of directors having ESG expertise and 30% of executive short-term incentives tied to ESG performance.
Fortuna Mining Corp. (NYSE: FSM) ha pubblicato il suo settimo Rapporto annuale sulla Sostenibilità per il 2024, evidenziando importanti risultati nelle performance ESG. L'azienda ha registrato zero incidenti mortali, con un tasso di frequenza degli infortuni con perdita di tempo pari a 0,48, mantenendo elevati standard ambientali con zero sversamenti significativi. Tra i dati rilevanti figurano un'intensità di carbonio di 0,38 tonnellate di CO2 equivalente per oncia equivalente d'oro e un utilizzo del 14% di energia rinnovabile.
La società ha mostrato un forte impegno verso la comunità, con 103 milioni di dollari versati al governo e 9,2 milioni di dollari destinati allo sviluppo comunitario. Fortuna impiega 5.099 lavoratori a tempo pieno, di cui il 41% proviene dalle comunità locali e il 16% è rappresentato da donne. Il rapporto sottolinea la struttura di governance aziendale, con il 63% dei direttori esperti in ESG e il 30% degli incentivi a breve termine per i dirigenti legati alle performance ESG.
Fortuna Mining Corp. (NYSE: FSM) ha publicado su séptimo Informe anual de Sostenibilidad para 2024, mostrando logros significativos en desempeño ESG. La compañía reportó cero incidentes fatales, con una tasa de frecuencia de lesiones con tiempo perdido de 0,48, manteniendo altos estándares ambientales con cero derrames significativos. Métricas destacadas incluyen una intensidad de carbono de 0,38 toneladas de CO2e por onza equivalente de oro y un uso del 14% de energía renovable.
La empresa demostró un sólido compromiso comunitario con 103 millones de dólares en pagos al gobierno y 9,2 millones de dólares destinados al desarrollo comunitario. Fortuna emplea a 5.099 trabajadores a tiempo completo, con un 41% proveniente de comunidades locales y un 16% mujeres. El informe resalta la estructura de gobernanza de la compañía, con un 63% de los directores con experiencia en ESG y un 30% de los incentivos ejecutivos a corto plazo vinculados al desempeño ESG.
Fortuna Mining Corp. (NYSE: FSM)는 2024년 제7차 연례 지속가능성 보고서를 발표하며 ESG 성과에서 중요한 성과를 보여주었습니다. 회사는 사망 사고 0건을 기록했으며, 유실 시간 손상 빈도율은 0.48로 안전 지표가 우수했습니다. 또한 중대한 환경 유출 사고 0건을 유지하며 엄격한 환경 기준을 준수했습니다. 주요 지표로는 금 등가 온스당 0.38톤의 탄소 집약도와 14%의 재생 에너지 사용률이 포함됩니다.
회사는 정부에 1억 3백만 달러를 납부하고 920만 달러를 지역사회 개발에 할당하는 등 강력한 지역사회 참여를 보여주었습니다. Fortuna는 5,099명의 정규직 직원을 고용하고 있으며, 이 중 41%는 지역사회 출신이고 16%는 여성입니다. 보고서는 63%의 이사가 ESG 전문성을 보유하고 있으며, 임원 단기 인센티브의 30%가 ESG 성과에 연동되어 있음을 강조합니다.
Fortuna Mining Corp. (NYSE : FSM) a publié son septième rapport annuel de durabilité pour 2024, mettant en avant des réalisations significatives en matière de performance ESG. L'entreprise a déclaré zéro incident mortel, avec un taux de fréquence des accidents avec arrêt de travail de 0,48, tout en maintenant des normes environnementales strictes avec zéro déversement important. Parmi les indicateurs notables figurent une intensité carbone de 0,38 tonnes CO2e par once équivalente d'or et une utilisation de 14 % d'énergie renouvelable.
L'entreprise a démontré un engagement communautaire solide avec 103 millions de dollars versés au gouvernement et 9,2 millions de dollars alloués au développement communautaire. Fortuna emploie 5 099 travailleurs à temps plein, dont 41 % issus des communautés locales et 16 % de femmes. Le rapport souligne la structure de gouvernance de l'entreprise, avec 63 % des administrateurs ayant une expertise ESG et 30 % des incitations à court terme des cadres liées à la performance ESG.
Fortuna Mining Corp. (NYSE: FSM) hat seinen siebten jährlichen Nachhaltigkeitsbericht für 2024 veröffentlicht und dabei bedeutende Erfolge in der ESG-Leistung präsentiert. Das Unternehmen meldete keine tödlichen Unfälle, mit einer Unfallhäufigkeit von 0,48 und hielt hohe Umweltstandards mit keinen bedeutenden Verschmutzungen ein. Bemerkenswerte Kennzahlen sind eine Kohlenstoffintensität von 0,38 Tonnen CO2e pro Goldäquivalentunze und ein Anteil von 14 % erneuerbarer Energien.
Das Unternehmen zeigte ein starkes Engagement für die Gemeinschaft mit 103 Millionen US-Dollar an Zahlungen an die Regierung und 9,2 Millionen US-Dollar für die Gemeindeentwicklung. Fortuna beschäftigt 5.099 Vollzeitmitarbeiter, von denen 41 % aus lokalen Gemeinden stammen und 16 % Frauen sind. Der Bericht hebt die Governance-Struktur hervor, wobei 63 % der Direktoren ESG-Expertise besitzen und 30 % der kurzfristigen Anreize für Führungskräfte an die ESG-Leistung gekoppelt sind.
- None.
- Only 16% of workforce are women, showing room for improvement in gender diversity
- Relatively low renewable energy usage at 14% of total consumption
VANCOUVER, British Columbia, May 21, 2025 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to announce the publication of its seventh annual Sustainability Report, highlighting key developments in 2024 related to governance, corporate strategy, risk management, and performance. The report also outlines Fortuna’s commitments and progress on the environmental, social, and governance (ESG) factors most material to our business and stakeholders.
Jorge A. Ganoza, President, and CEO, stated, “Sustainability is not just a responsibility - it is a strategic imperative that underpins our success as an efficient business and a trusted partner to our investors and stakeholders in the countries where we operate, now and in the future. We take pride in our 2024 performance, while acknowledging that continuous improvement is essential in the areas that matter most.” Mr. Ganoza added, “Our leadership team is fully committed to embedding sustainability—particularly the prioritization of health and safety—into every aspect of our decision-making, from daily operations to long-term strategic planning.”
Julien Baudrand, Senior Vice President of Sustainability, commented, “This report outlines Fortuna’s progress in aligning with leading industry practices, including Critical Risk Management, the Global Industry Standard on Tailings Management (GISTM), and ISO 14001 and 45001 certifications. It also highlights our 2024 achievements, such as top-tier performance in health and safety, industry-leading greenhouse gas emissions intensity per ounce of gold produced, and no significant negative impacts on the environment or our host communities.” Mr. Baudrand concluded, “Striving for sustainability excellence - by achieving zero harm, minimizing our environmental footprint, and meeting stakeholder expectations - strengthens our relationships with shareholders, lenders, local authorities, communities, and employees, while creating lasting value for Fortuna.”
Key facts and figures from the 2024 Sustainability Report:
Governance
- 63 percent of our directors possess expertise in safety, sustainability, and ESG
- 30 percent of executive short-term incentive compensation is tied to ESG performance
- Enterprise Risk Management (ERM) incorporates sustainability-related factors
Workforce Health and Safety
- Zero fatal incidents
- Lost Time Injury Frequency Rate (LTIFR): 0.48
- Total Recordable Incident Frequency Rate (TRIFR): 1.36
- 93 percent of employees received training in Critical Risk Management (CRM)
Community Relations
- Zero significant community grievances
- US
$103 million contributed in government payments - US
$9.2 million allocated to community development programs and funds - 41 percent of employees are from local communities
Environment
- Zero significant environmental spills
- Zero non-compliances associated with water quality permits, standards, or regulations
- Carbon intensity: 0.38 tonnes of carbon dioxide equivalent emitted per gold equivalent ounce
- 14 percent of total energy consumption sourced from renewables
- Freshwater consumption intensity: 0.23 m3 per tonne of processed ore
- 58 percent of water is recycled or reused
Human Capital, Human Rights, and Business Ethics
- Zero recorded cases of human rights violations
- Zero recorded incidents of corruption
- 5,099 full-time workers, including contractors
- 16 percent of the workforce are women
The report also highlights the transformative projects that we are leading across our host countries in Latin America and West Africa, demonstrating how our initiatives create lasting social and environmental value that extends beyond financial performance.
As part of our ongoing commitment to transparency and stakeholder engagement, we have introduced a new companion resource: the Sustainability Data Booklet. This document is aligned with the 2023 SASB Metals & Mining Standard, TCFD recommendations, and GRI Standards 2021, including the newly released GRI 14: Mining Sector Standard (2024). It is complemented by our Interactive Analyst Center, which offers downloadable, site-specific ESG data for enhanced accessibility and insight.
Fortuna’s 2024 Sustainability Report is available on our website: www.fortunamining.com
We welcome questions and feedback at: sustainability@fmcmail.com
About Fortuna Mining Corp.
Fortuna Mining Corp. is a Canadian precious metals mining company with three operating mines and exploration activities in Argentina, Côte d’Ivoire, Mexico, and Peru, as well as the Diamba Sud Gold Project located in Senegal. Sustainability is integral to all our operations and relationships. We produce gold and silver and generate shared value over the long-term for our stakeholders through efficient production, environmental protection, and social responsibility. For more information, please visit www.fortunamining.com
ON BEHALF OF THE BOARD
Jorge A. Ganoza
President, CEO, and Director
Fortuna Mining Corp.
Investor Relations:
Carlos Baca | info@fmcmail.com | fortunamining.com | X | LinkedIn | YouTube
Forward-Looking Statements
This news release contains forward-looking statements which constitute “forward-looking information” within the meaning of applicable Canadian securities legislation and “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 (collectively, “forward-looking statements”). All statements included herein, other than statements of historical fact, are forward-looking statements, including, without limitation, statements pertaining to the Company’s sustainability plans, targets, strategies, and goals, such as working towards a zero harm workplace, implementing the Global Industry Standard for Tailings Management, and minimizing our environmental footprint. Often, but not always, these forward-looking statements can be identified by the use of words such as “believe”, “expect”, “anticipate”, “contemplate”, “target”, “plan”, “goal”, “budget”, “aim”, “intent”, “estimate”, “may”, “should”, “could”, “future” and similar expressions, including negative variations.
Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any results, performance or achievements expressed or implied by the forward-looking statements. Such risks, uncertainties, and factors include, among others, risks associated with climate change; risks associated with mining regime changes in the Company’s operating jurisdictions, including those related to permitting and approvals, environmental and tailings management, labour, trade relations, and transportation, other factors including accidents, equipment breakdown, environmental risks; as well as those factors discussed under “Description of the Business - Risk Factors” in the Company’s Annual Information Form, a copy of which can be found on the Company’s profile on the SEDAR+ website at www.sedarplus.ca. Although the Company has attempted to identify important factors that could cause actual actions, events, or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events, or results to differ from those anticipated, estimated or intended. Forward-looking statements contained herein are based on the assumptions, beliefs, expectations, and opinions of management, including, but not limited to, continued availability of water and power resources at the Company’s operations; financial and physical impacts of climate change and climate change initiatives on markets and the Company’s operations; the availability and effectiveness of technologies needed to achieve the Company’s sustainability goals and strategies; the accuracy of the Company’s current mineral resource and reserve estimates; that the Company’s activities will be in accordance with the Company’s public statements and stated goals; and that there will be no material adverse change affecting the Company or its properties. Forward-looking statements are made as of the date hereof and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by law. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, investors should not place undue reliance on forward-looking statements.
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