Historical Operating Results and Sustainability Framework
Climate Change Strategy
Mitigate GHG emissions by an amount equal to 30% of our 2020 baseline by 2030, on a "business-as-usual” basis(1)
.
•
GHG Emissions Mitigation Target
Leverages Eldorado's low emissions intensity (2)
Supports alignment with Eldorado's SIMS, and
commitments to the RGMPS, TSM and the TCFD
Will be continually reassessed, pending further
•
opportunities for energy use and GHG emissions reduction
Opportunities under investigation include access to
cleaner energy and electricity, fleet decarbonization,
and onsite renewable electricity generation
Did you know?
The Lamaque mine in Québec is powered exclusively by
nearly emissions-free hydroelectricity, which helps to make
it among the lowest GHG intensity gold mines in the world.
Capitalize on Eldorado's lower emissions intensity relative to industry peers, further reduce
our carbon footprint, and ensure business resilience in response to climate change.
REDUCE CARBON
FOOTPRINT
Implement an Energy
and Carbon Management
System (ECMS) at all
operations
Establish energy and
GHG emission reduction
targets to drive continuous
improvement
Drive efficiencies through
technology and process
improvements in a phased
approach
Create a culture of
energy and climate
responsibility through
leadership, awareness,
effective governance and
recognition
Q
INTEGRATE CARBON IN
DECISION MAKING
Include carbon and energy
considerations in stage-
gate decision making
within the Eldorado
Corporate Investment
Framework
Apply a shadow price
on carbon within project
evaluations and annual
budgeting
Integrate carbon
considerations into
procurement criteria
and decisions
SUPPORT THE LOW-
CARBON TRANSITION
Seek to replace fossil fuel
energy sources with low-
carbon energy supplies
(renewables) where
feasible
Seek to introduce
electrification and low-
carbon processes and
technologies where
feasible
Climate Change & GHG Emissions Report (LINK)
MANAGE
CLIMATE RISKS
Regularly assess materiality
of climate risks and
opportunities to the
business using recognized
approaches
Model physical impacts
of climate change on
our assets and regions
where we operate to
inform planning and
decision making
ENHANCE
RESILIENCE
Develop climate change
adaptation models
and tools to prepare
for anticipated climate
changes and ensure
business resilience
As part of community
investment, work in
partnership with local and
regional governments to
understand and adapt to
the impacts of climate
change
eldorado gold (1) In a "business as usual" scenario, action is not taken to reduce emissions. Target applies to operating mines during the baseline year (Lamaque, Kışladağ, Efemçukuru, Olympias and Stratoni). 48
0.44 tCO2e/oz Au average Scope 1 and Scope 2 GHG emissions intensity.View entire presentation