Climate Change
Lundin Gold recognizes that climate change presents a broad set of transitional and physical risks and opportunities for its business and is working to ensure the Company’s long-term resilience against these impacts.
Lundin Gold recognizes its responsibility for addressing its impact on climate change and the importance of supporting the goals of the Paris Agreement to reduce GHG emissions. As a result, the Company regularly monitors, updates, and reports its understanding of the potential impacts of climate change on its business and strategically works to improve its climate resilience for the benefit of its stakeholders. We believe in being transparent with and accountable to our stakeholders regarding our progress. In line with this, Lundin Gold supports the Taskforce for Climate-related Financial Disclosure (TCFD) and publishes a TCFD Climate Change Report each year.
Since 2017, Lundin Gold has been tracking and reporting Scope 1 and 2 greenhouse gas (GHG) emissions at Fruta del Norte. In addition, Lundin Gold recently commenced reporting its estimates of Scope 3 emissions. The GHG emissions intensities are calculated per ounce of gold produced and per tonne of ore milled. The Company has set a goal to be carbon neutral by 2030 with respect to its Scopes 1 and 2 emissions based on its current life of mine plan.
