Lundin Mining 2021 sustainability report

Lundin Mining Corporation has published its 2021 Sustainability Report outlining its long-term sustainability strategy.

Their 2021 Sustainability Report has been prepared in accordance with the Global Reporting Initiative (“GRI”) Standards and broadly mapped against the Sustainability Accounting Standards Board (“SASB”) Metals & Mining Standard.

2021 Highlights Include:

Safest year ever for Total Recordable Injury Frequency rate of 0.54 per 200,000 person hours worked

New Focused on the Future Sustainability Strategy Framework approved

Significantly reduced Level 2 environmental incidents to seven, as compared to 16 in 2020

New Human Rights Policy approved, complementing and enhancing pre-existing commitments to human rights and replacing Human Rights Standard

Continued implementation of the Global Industry Standard on Tailings Management (GISTM).

Aim to implement the Standard over the next two to four years, the action plans being prioritized as defined by GISTM classifications

Amended our Diversity and Inclusion Policy to include a target for achieving and maintaining a Board composition in which women comprise at least 30% of all directors, and to sustain at least 30% of executive officer positions held by women

Initiated Global Success Factors project to drive global talent management processes

Continued to support COVID-19 response programs in local communities

Developed a five-year Corporate Social Performance Strategy to support our vision of Thriving Communities

Implemented the Social License to Operate (SLO) Index at all sites to enhance our

Understanding of the level of trust and acceptance towards our operations

Successful roll out of Global Business Partner Onboarding to further due diligence process of partners related to Code of Conduct, Ethical Values, and Anti-Corruption

Commenced company-wide Operations Business Intelligence project as the foundation of digital business transformation

IT cybersecurity maturity improved by 20% through the implementation of key technology and security projects

“We delivered many lasting improvements in safety, environmental and social performance in 2021, as highlighted in our 12th annual Sustainability Report,” said Peter Rockandel, President and CEO. “Integral to Lundin Mining’s continued success is that our approach to Responsible Mining keep pace with climate change, the demands of the green economy for the metals we produce, and evolving employee and stakeholder expectations. To ensure we accomplish these, in late 2020, we began a journey to refresh our approach to sustainability and develop a new long-term strategy.”

“Though Lundin Mining is already a leader with an industry-low greenhouse gas (“GHG”) emission intensity for the base metals we produce, we acknowledge our role in the call for action to reduce emissions, commit to low-carbon alternatives, and develop climate resilience,” commented Kristen Mariuzza, Vice President Environment & Social Performance. “We are pleased to announce an interim scope 1 and scope 2 GHG absolute emissions reduction target of 35% by 2030 compared to our 2019 baseline year. Setting a 2030 target places us clearly on our climate commitment pathway to 2050.”

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