Kinross Gold Releases Corporate Responsibility Report

Aug 23, 2016 3:00 PM ET

Kinross Gold Corporation released its Corporate Responsibility Report, a comprehensive account of the Company’s commitment to sustainable mining and transparency in 2014 and 2015.

“Mining responsibly is integral to our business strategy and our approach to operational excellence,” said J. Paul Rollinson, President and CEO. “The mining industry has a unique opportunity to make a positive and lasting contribution to the well-being of employees and host communities. At Kinross, we believe our long term strength is underpinned by our ability to transform that opportunity into real and sustainable returns for all our stakeholders.” 

Highlights of the 2015 Corporate Responsibility Report, which is available at http://2015corporateresponsibilityreport.kinross.com:

Health & Safety

  •  Best safety performance in the company’s history in 2015
  •  23% decline in total reportable injury frequency rate from 2013-2015

Economic Benefit

  •  US$4.8 billion spent in host countries through wages, taxes and procurement from 2014-2015  
  •  97.4% of Kinross workforce hired in host countries
  •  79% of goods and services sourced in-country

Community Engagement

  • 168,000 interactions with stakeholders in 2015
  • Reached more than 770,000 beneficiaries through community programs, initiatives and events through cash and in-kind contributions representing 1.4% of EBITDA

Environment

  •  38% reduction in water use over past two years
  •  10% increase in the volume of waste recycled at our mines

Four video case studies illustrate the Company’s progress related to the environment, communities, workforce and economic benefit.

2015 Corporate Responsibility Report case study videos:

 Safety: Building A Safety Culture at Round Mountain
 Partnerships: Advancing Community Health Through Project C.U.R.E
 Community: Celebrating Education at Integrar Na Praça in Paracatu
 Environment: Advancing Reclamation at Buckhorn Mine

The Report complies with the Global Reporting Initiative (GRI) G4, in “accordance” with Core.

Media Contact:
Louie Diaz
416-369-6469