Pan American Silver Releases 2020 Sustainability Report
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Pan American Silver has released its 2020 Sustainability Report, which includes details on the company’s environmental, social, corporate governance, and health and safety goals and performance.
“Pan American remains committed to continuously improving our sustainability performance. We are implementing industry best practices, including the Mining Association of Canada’s Towards Sustainable Mining (TSM) protocols, the Voluntary Principles for Security and Human Rights, and the World Gold Council Conflict-Free Standard,” said Michael Steinmann, president and CEO.
“Our primary concern remains the health and safety of our employees and contractors, and the communities in which they live and work. When COVID-19 was declared a global pandemic, we engaged our crisis response team to plan for and manage issues related to the virus,” added Steinmann.
Pan American Silver’s 2020 Sustainability Highlights Include:
• Achieving zero significant environmental incidents at its operations
• Ensuring safe management of tailings facilities during mine suspension related to the COVID-19 pandemic
• Achieving reduction of greenhouse gas emissions from energy projects at all operations, including 100 percent
renewable electrical energy supply certified at its Morococha mine in Peru
• Entering into a 3-year, $1.5 million partnership commitment with UNICEF Canada to provide health and
education to vulnerable children in Latin America
• Becoming signatories to the United Nations Global Compact
• Adopting an inclusion and diversity policy
• Achieving a 17.3 percent increase in the percentage of new female hires and promotions and increased
representation of women on its board of directors
About Pan American Silver
Pan American owns and operates silver and gold mines located in Mexico, Peru, Canada, Argentina, and Bolivia. They also own the Escobal mine in Guatemala that is currently not operating. As the world’s second largest primary silver producer with the largest silver reserve base globally, they provide enhanced exposure to silver in addition to a diversified portfolio of gold producing assets. Pan American has a 26-year history of operating in Latin America, earning an industry-leading reputation for corporate social responsibility, operational excellence and prudent financial management.
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