Agnico Eagle recognizes the important role that industry plays in addressing climate change and we are taking action to decarbonize our operations and contribute to a low-carbon economy. We feel the urgency to address the multi-dimensional challenge of climate change and recognize the important role we have in working alongside governments and communities to mitigate risks, while continuing to grow our operations.
As part of our sustainability reporting suite, we are pleased to announce the publication of Agnico Eagle’s 2023 Climate Action Report.
2023 Highlights
The 2023 Climate Action Report outlines certain milestones achieved by Agnico Eagle in 2023:
- GHG Intensity: All 11 of our active operations outperformed the industry average for GHG emissions intensity per gold oz produced1
- Emissions Reduction: 3% reduction in total Scope 1 and 2 emissions compared to 2022, and a 5% decrease versus our 2021 baseline.
- Renewable Energy Adoption: 56% of electricity consumed sourced from renewable sources.
- Standardized Approach: Developed and released our first Climate Action Corporate Standard.
Looking to the Future
Our climate goals for 2024 include continued investment in technological innovation and decarbonization opportunities, updating our Energy and Greenhouse Gas Management Strategy (2017), and ensuring each operation has a Climate Action Plan in accordance with the Corporate Standard with site-specific performance targets.
Join Us on our Journey
We invite you to click here to read our 2023 Climate Action Report.
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1Industry average of 0.829 tCO2e for Scope 1 and 2 emissions per oz of gold produced, as per S&P Global Market Intelligence 2022.