About
Pan American Silver provides enhanced exposure to silver through large silver reserves and catalysts to grow silver production.
2023 Goals | Prioritized UN SDGs | UNGC Principles |
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Achieve zero significant environmental incidents (SEIs) at our operations. |
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Achieve 90% of environmental audit corrective actions completed on time. |
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Implement projects and initiatives to reduce water withdrawn for use by 47,000 m3 which represents approximately 0.3% of the 2023 base case. |
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Implement projects and initiatives to reduce energy use by 116,000 GJ which represents approximately 2% of the 2023 base case. |
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Implement projects and initiatives to reduce GHG emissions by 73,000 t CO2Eq which represents approximately 19% of the 2023 base case. |
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Continue post-closure activities at Alamo Dorado and conduct interim reclamation projects at our active operations. |
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Achieve 80 hectares of reforestation or revegetation across all our operations. |
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Implement projects and initiatives to reduce nonrecycled and/or non-reused non-rock waste by 450 t which represents approximately 4% of the 2023 base case. |
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2023 Goals | Prioritized UN SDGs | UNGC Principles |
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Train 440 key employees on Anti-Corruption policy. |
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Assess 160 critical suppliers using our supplier due diligence system. |
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We set ESG goals to focus our efforts in key areas and continually improve our performance. The table below consolidates these goals and details our performance.
2022 Goals | 2022 Performance |
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Achieve zero significant environmental incidents (SEIs) at our operations. | ✓ |
Improve bi-annual environmental audit performance. | ✗ |
Reduce water use by 1% compared to the 2022 base case. | ✓ |
Reduce energy use by 3% compared to the 2022 base case. | ✓ |
Reduce GHG emissions by 3% compared to the 2022 base case. | ✓ |
Continue post-closure activities at Alamo Dorado and conduct interim reclamation projects at our active operations. | ✓ |
Achieve 100 hectares of reforestation or revegetation across all our sites. | ✗ |
Reduce non-rock related waste generation by 4% and increase recycled/reused waste by 11% compared to the 2022 base case. | ✗ |
Commence external verification of Towards Sustainable Mining (TSM)* performance at all operations. | ✓ |
2022 Goals | 2022 Performance |
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Train 400 key employees on Anti-Corruption policy. | ✓ |
Assess 150 critical suppliers using our supplier due diligence system. | ✓ |
* TSM is an initiative of the Mining Association of Canada (MAC) designed to drive operations-level sustainability performance and manage risks.
** Grievances should be acknowledged within 15 days of receipt and should be resolved within 90 days of receipt.