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Sustainability from the ground up

Sustainability at Eldorado Gold

Eldorado Gold is committed to implementing sustainability from the ground up in service of our vision to build a safe, sustainable, high-quality business in the gold mining sector creating value today and for future generations. This means we consider sustainability in everything we do, from exploration to closure, and in our relationships with customers, communities, investors and other stakeholders.

Sustainability Pillar
Safe, Inclusive and Innovative Operations

People are at the core of our business. By keeping our people safe, providing well-paid jobs and fostering inclusivity and diversity in our workforce, our operations contribute to the social and economic development of the communities in which we work.

2023 Sustainability Highlights

56% Women on our Board of Directors, and 11% self-identified as a member of another designated group

Reduced Potentially Fatal Occurrence Frequency Rate by 20% at our operations

Achieved target to reduce lost-time injury frequency rate (LTIFR) by 10% from 2022, with the lowest LTIFR in our 12 years of reporting

Missed target to reduce total recordable injury frequency rate (TRIFR) by 10% from 2022

Supported diversity within our supply chain through multiple partnerships as part of our continued sponsorship of the Artemis Project, which brings together women-led businesses related to mining

Sustainability pillar
Responsibly Produced Products

Eldorado is committed to responsibly producing gold and other metals that offer a wide range of uses. Our products advance sustainable development and contribute to economic growth around the world.

2023 Sustainability Highlights

SIMS Olympias completed a Sustainability Integrated Management System Compliance Verification, including external verification of MAC-TSM results, and Eldorado received assurance of full conformance to RGMP Year 3 requirements

Voluntary Principles on Security and Human Rights being implemented at all operating mines after initial human rights assessments performed by a third party in 2021-2022

Supplier Code of Conduct formally adopted across our global operations, to help our suppliers align with Eldorado’s standards for health and safety, labour and human rights, environment, social performance and more

Sustainability pillar
Engaged and Prosperous Communities

From the initial stages of exploration to the eventual reclamation and rehabilitation of a mine site, Eldorado relies on the relationships we have with our stakeholders to work toward socially inclusive and sustainable development.

2023 Sustainability Highlights

79% of our employees are from local communities and 99% are from countries of operation

US$4.29 million in community investment

US$693 million paid to domestic suppliers

Zero major social incidents

Sustainability pillar
Healthy Environments Now and for the Future

We carefully plan, design and build operations to mitigate our environmental impacts, and work with host communities and governments to ensure that our operations meet acceptable standards of practice and adhere to regulations. By investing in technologies and implementing leading environmental practices, where feasible, we seek to safely manage tailings and waste, restore disturbed land, reduce our water and energy consumption and protect the ecosystems surrounding our sites.

2023 Sustainability Highlights

Industry leader in dry-stack tailings implementation

0.40 tCO2e/oz Au average Scope 1 and Scope 2 GHG emissions intensity for operating mines

First electric haul truck operationalized at Lamaque, which is expected to mitigate an estimated 1,700 tCO2e per year, based on preliminary testing

Zero major environmental incidents

MAC-TSM Level AAA achieved at Olympias on Biodiversity Conservation Management and Tailings Management, based on a verified assessment