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OceanaGold Releases 2025 Sustainability Report

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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.

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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

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+2.93% Session close to close

In the Apr 30 session, OGC gained 2.93%, reflecting a moderate positive market reaction.

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(All financial figures in United States dollars unless otherwise stated)

VANCOUVER, BC, April 29, 2026 /PRNewswire/ - OceanaGold Corporation (TSX: OGC) (NYSE: OGC) ("OceanaGold" or the "Company") is pleased to publish its annual Sustainability Report for the year ended December 31, 2025. The report outlines OceanaGold's sustainability performance and progress across safety, health, people and culture, community and social performance, environment, tailings management, and climate.

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 $110M with nearly 800 local suppliers while contributing $10M to community projects
  • 38% reduction in GHG emissions1 over the last 3 years, with an aspiration of 30% 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 the Philippines.

1.

OceanaGold sources the equivalent of 100% renewable energy, through the purchase of Renewable Energy Certificates (RECs).

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

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 the United States of America; the wholly-owned Macraes and Waihi operations in New Zealand; and the 80%-owned Didipio Mine in the Philippines.

OceanaGold Logo (CNW Group/OceanaGold Corporation)

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/oceanagold-releases-2025-sustainability-report-302757857.html

SOURCE OceanaGold Corporation

FAQ

What sustainability progress did OceanaGold (OGC) report in 2025?

OceanaGold reported maintained MSCI AA, no workplace fatalities, and a 36% TRIFR reduction versus 2024. According to the company, the report details safety, community spend of $110M, and environmental metrics including a 38% GHG cut over three years.

How much did OceanaGold (OGC) spend with local suppliers in 2025?

OceanaGold spent $110M with nearly 800 local suppliers in 2025. According to the company, this spending supported local economies and was accompanied by $10M in community project contributions during the year.

What climate targets did OceanaGold (OGC) disclose for 2030?

OceanaGold aspires to a 30% absolute reduction in greenhouse gas emissions by 2030. According to the company, this sits alongside a reported 38% emissions reduction achieved over the prior three years.

Does OceanaGold (OGC) use renewable energy at its operations?

OceanaGold sources the equivalent of 100% renewable energy through purchased Renewable Energy Certificates (RECs). According to the company, RECs are used to match energy consumption with renewable attributes rather than direct on-site generation.

Who is OceanaGold's new Chief Sustainability Officer and when did they start?

David Bickerton was appointed Executive VP and Chief Sustainability Officer, effective April 1, 2026. According to the company, he joined OceanaGold in 2011 and most recently served as Asset President of Didipio mine.