OceanaGold Releases 2025 Sustainability Report
Rhea-AI Summary
OceanaGold (TSX: OGC) published its 2025 Sustainability Report and first mandatory IFRS S2 Climate-related Disclosure on April 29, 2026. Highlights include maintained MSCI AA rating, no workplace fatalities, a 36% reduction in TRIFR vs 2024, 38% GHG reduction over three years, $110M local supplier spend, and 60% average water reuse.
The report also notes 100% renewable energy sourcing via Renewable Energy Certificates (RECs) and appointment of David Bickerton as Chief Sustainability Officer effective April 1, 2026.
Positive
- MSCI ESG rating maintained at AA for the third straight year
- Total Recordable Injury Frequency Rate down 36% versus 2024
- Greenhouse gas emissions reduced 38% over the last three years
- Spent $110M with nearly 800 local suppliers; $10M in community projects
- Averaged 60% water reuse or recycling across operating sites
- Appointed David Bickerton as Executive VP and Chief Sustainability Officer effective April 1, 2026
Negative
- Renewable energy sourcing is via RECs (purchased certificates), not direct on-site renewables
- 2030 greenhouse gas goal described as an aspiration (30% absolute reduction), implying non-binding target
News Market Reaction – OGC
In the Apr 30 session, OGC gained 2.93%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
(All financial figures in
Gerard Bond, President and Chief Executive Officer of OceanaGold, said "In 2025 we delivered another year of meaningful progress across our sustainability priorities, while continuing to safely and responsibly deliver gold production. Embedding sustainability into how we operate is fundamental to creating and protecting value for all stakeholders. Significant improvements in our safety performance, strong community and economic contributions, and progress on decarbonization reflect the focus and commitment of our teams across the business."
2025 Sustainability Performance Highlights
- Maintained MSCI "AA" ESG rating for the third consecutive year
- No workplace fatalities or life‑altering injuries during the year, and a
36% reduction in Total Recordable Injury Frequency Rate compared to 2024 - Supported local economies and community development, spending
with nearly 800 local suppliers while contributing$110M to community projects$10M 38% reduction in GHG emissions1 over the last 3 years, with an aspiration of30% absolute reduction in Greenhouse Gas emissions by 2030- Averaging
60% water re‑used or recycled across operating mine sites, and an updated water performance standard and site water management plans for all operating mine sites
The Company appointed David Bickerton as Executive Vice President and Chief Sustainability Officer (CSO) effective April 1, 2026. David brings a deep understanding of OceanaGold's business, culture and Company objectives to this critical role. David joined OceanaGold in 2011 and has held a broad range of roles across the business, most recently as Asset President of Didipio Mine in
1. | OceanaGold sources the equivalent of |
This year is the release of the Company's first annual mandatory IFRS S2 Climate-related Disclosure, which provides information about the Company's approach and annual progress of climate-related governance, strategy, risk management and metrics and targets.
Links to OceanaGold's 2025 sustainability‑related reports
- 2025 Sustainability Report
- 2025 Climate‑related Disclosure (IFRS S2)
- 2025 Climate Transition Plan
- 2025 Sustainability Data Book
- 2025 Conflict‑Free Gold Statement
- 2025 Responsible Gold Mining Principles Conformance Report
About OceanaGold
OceanaGold is a global intermediate gold and copper producer committed to safely and responsibly maximizing the generation of Free Cash Flow from our operations and delivering strong returns for our shareholders. We have a portfolio of four operating mines: the wholly-owned Haile Gold Mine in
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SOURCE OceanaGold Corporation
