The theme of Agnico Eagle’s 2021 Sustainability Report, “Building Better Together”, highlights the opportunities to build better relationships and connections with our employees, business partners, communities, and other stakeholders.
Company Growth
Our merger with Kirkland Lake Gold, which was completed in February 2022, makes the new Agnico Eagle the largest gold producer in Canada, one of the largest gold producers in Australia, and the third largest gold producer in the world. Agnico Eagle now operates 11 mines and numerous projects in four countries and employs more than 14,000 people. Performance data in the Report from both legacy companies is provided separately, and consolidated where appropriate, to provide our stakeholders with a complete understanding of Agnico Eagle’s current business practices. While each operation is at a different point in its sustainability journey, we all share the same commitment to sustainable, responsible mining. We have much expertise to share with one another, and building connections and relationships is more important than ever.
Teamwork
Even when we get all the technical things right, it is only by coming together as a team that we find opportunities to improve our sustainability performance, contribute to our communities, and take care of one another as we ensure that every ounce of gold we produce is mined safely and responsibly.
Inclusion
This year’s report emphasizes the need to build a culture of inclusion and a sense of belonging across our organization, to enhance our sustainability performance and extend our ESG leadership further. This approach will allow Agnico Eagle to become the world’s leading gold company – not only for investors, but also for employees, communities, and indigenous stakeholders.
Climate Change
We continue to be leaders in operating GHG efficient gold mines with a combined intensity of 0.37 tonnes of CO2 equivalent for every ounce of gold produced and 8 of 11 mines operating below the industry average1. In 2021, we set a target of Net-Zero emissions by 2050, progressed our decarbonization and climate resilience plans and strengthened our climate change governance.
Our Core Values
Even as we grow and expand around the globe, our goals and values haven’t changed. We believe in generating superior long-term returns for our shareholders, creating a great place to work for our employees and contributing positively to the communities and countries in which we operate. As we move forward in a new, stronger Agnico Eagle, we will embrace the same passion, leadership and resiliency that has made us successful in the past.
To learn more about how we are building the new Agnico Eagle on a strong track record of environmental, social and governance performance, I encourage you to click here to read the online version of our 2021 Sustainability Report, or here for our comprehensive performance data tables.
I also invite you to follow Agnico Eagle’s social media channels at the links below, as we feature and share more sustainability highlights and initiatives from our operations around the world.
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Carol Plummer
Executive Vice-President, Operational Excellence
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1 Industry average of 0.697 tCO2e per ounce of gold produced, as per S&P Global Market Intelligence 2021.