Latest news with #Sustainability
National Post
2 days ago
- Business
- National Post
Pan American Silver Releases 2024 Sustainability Report
Article content VANCOUVER, British Columbia — Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ('Pan American' or the 'Company') today released its 2024 Sustainability Report (the 'Report'), outlining Pan American's approach and performance in environmental, social and governance (ESG) matters. Spanish and Portuguese versions of the Report will be available shortly. Article content Article content Highlights of Pan American's 2024 ESG performance include: Article content Reduced water use by over 220,000 m 3 compared to the 2024 base case 1. Completed the installation of a new filter tailings storage facility at the Huaron mine in Peru. Surpassed the annual greenhouse gas emissions (GHG) reduction target, which keeps the Company on track to reduce its global Scope 1 and 2 GHG emissions by at least 30% by 2030 2. Contributed US$20.3 million to local communities, including the launch of three new economic development programs. Health and education programs are also a focus of the Company's community investments. Women accounted for 23% of hires in approved and budgeted vacant positions. Evaluated 264 suppliers through the new supplier due diligence platform. Article content The Report outlines Pan American's 2025 ESG performance goals and has been prepared in alignment with the Global Reporting Initiative (GRI) Standards and the Sustainability Accounting Standards Board (SASB) Metals & Mining Sustainability Accounting Standard. The Report also contains information that considers the recommendations of the Taskforce on Climate-related Financial Disclosures (TCFD). Article content This Report marks the 15 th annual Sustainability Report published by Pan American. For more information on Pan American's sustainability efforts and to access all reports, visit Article content Pan American also reported today its progress toward conformance with the World Gold Council's Responsible Gold Mining Principles (RGMP). These principles establish clear expectations for consumers, investors and the downstream gold supply chain regarding responsible gold mining. Article content Pan American's ESG performance in 2024 was recognized by S&P Global, placing the Company in the top 7% of the Metals & Mining industry. Additionally, Pan American was included in the S&P Global Sustainability Yearbook 2025, which distinguishes companies demonstrating strong commitments to responsible mining, environmental stewardship, and transparent reporting. The Company's ESG performance improvements were also acknowledged by MSCI Inc., which upgraded Pan American's score from BBB to A. Article content Pan American is a leading producer of silver and gold in the Americas, operating mines in Canada, Mexico, Peru, Brazil, Bolivia, Chile and Argentina. We also own the Escobal mine in Guatemala that is currently not operating, and we hold interests in exploration and development projects. We have been operating in the Americas for over three decades, earning an industry-leading reputation for sustainability performance, operational excellence and prudent financial management. We are headquartered in Vancouver, B.C. and our shares trade on the New York Stock Exchange and the Toronto Stock Exchange under the symbol 'PAAS'. Learn more at Article content Certain of the statements and information in this news release constitute 'forward-looking statements' within the meaning of the United States Private Securities Litigation Reform Act of 1995 and 'forward-looking information' within the meaning of applicable Canadian provincial securities laws. All statements, other than statements of historical fact, are forward-looking statements or information. Forward-looking statements or information in this news release relate to, among other things: the anticipated reduction of the Company's global Scope 1 and 2 GHG emissions by at least 30% by 2030. Article content These forward-looking statements and information reflect the current views of Pan American with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by Pan American, are inherently subject to significant operational, business, economic and regulatory uncertainties and contingencies, and such uncertainty generally increases with longer-term forecasts and outlook. These assumptions include: Pan American's ability to continue to achieve its GHG emissions reduction objectives, and the timing for any such achievements; future changes in the environment and climate that may be unanticipated and the impacts on our business, availability of funds for Pan American's projects and future cash requirements; prices for energy inputs, labour, materials, supplies and services (including transportation); no labour-related disruptions at any of our operations; all necessary permits, licenses and regulatory approvals for our operations are received in a timely manner; our ability to secure and maintain title and ownership to properties and the surface rights necessary for our operations and activities; and our ability to comply with environmental, health and safety, and other laws. The foregoing list of assumptions is not exhaustive. Article content Forward-looking statements and information involve many known and unknown risks, uncertainties and other factors that could cause actual results or performance to be materially different from the results or performance that are or may be expressed or implied by such forward-looking statements or information, including, but not limited to, factors, such as: metal price fluctuations, fluctuation in the costs of energy, labour, materials and other inputs, fluctuations in currency markets and exchange rates, operational risks and hazards inherent with the business of mining (including environmental accidents and hazards, industrial accidents, and severe weather events); risks relating to the credit worthiness, financial condition or business practices of suppliers, refiners and other parties with whom Pan American does business; inadequate insurance, or inability to obtain insurance, to cover these risks and hazards; our ability to obtain all necessary permits, licenses and regulatory approvals in a timely manner; changes in laws, regulations and government practices, as well as other legal or economic developments, in the jurisdictions where we may carry on business; and those factors identified under the heading 'Risks Related to Our Business' in Pan American's most recent Form 40-F and Annual Information Form filed with the U.S. Securities and Exchange Commission and with Canadian provincial securities regulatory authorities, respectively. Pan American has attempted to identify important factors, but there may be other factors that cause results not to be as anticipated, estimated, intended or described. Investors are cautioned against attributing undue certainty or reliance on forward-looking statements and information. Pan American does not intend, nor assume, any obligation to update or revise forward-looking statements and information except to the extent required by applicable law. Article content Article content Article content Article content Article content Contacts Article content For more information contact: Article content Brent Bergeron Senior VP, Corporate Affairs & Sustainability Ph: 604-684-1175 Email: ir@ Article content Article content
Arab News
2 days ago
- General
- Arab News
Pope Leo XIV visits Vatican's hilltop summer residence that Francis turned into museum
The center is located in the gardens of the Vatican's Castel Gandolfo property on Lake AlbanPope Urban VIII built the palace on the northern end of town in 1624ROME: Pope Leo XIV visited the papal summer palace south of Rome on Thursday as questions swirled whether he will use it himself to escape the heat or follow in Pope Francis' footsteps and keep the hilltop estate as a museum and environmental paid a visit to the Borgo Laudato Si, an educational sustainability project that grew out of Francis' 2015 environmental encyclical 'Praised Be,' the Vatican said. The center is located in the gardens of the Vatican's Castel Gandolfo property on Lake Alban in the hills south of Urban VIII built the palace on the northern end of town in 1624, to give popes an escape from the sweltering Roman summers. It was enlarged over succeeding pontificates to its present size of 55 hectares (136 acres), which is actually bigger than Vatican City past used it regularly in summer, and Pope Benedict XVI famously closed out his papacy in the estate on Feb. 28, 2013. But Francis, a homebody who never took a proper vacation during his 12-year pontificate, decided to remain in Rome in 2014 he decided to open Castel Gandolfo's gardens to the public, and later turned part of the palazzo itself into a museum, in part to help offset the economic downturn the town experienced with no popes holding weekly Sunday prayers there in a former missionary priest who spent the bulk of his priesthood in Peru, hasn't said where he will live full-time in Rome, much less whether he will use the palace as a summer sustainability project, which is open to the public, has taken over operations of the working farm in the gardens of the estate, which includes 20 hectares (50 acres) of agricultural and farming land, greenhouses and service buildings. The farm, which provides dairy and fresh produce to the Vatican, aims to create a 'circular economy' in keeping with the call of Francis' encyclical to better care for God's creation.
Free Malaysia Today
2 days ago
- Business
- Free Malaysia Today
Sarawak charts greener path with Sustainability Blueprint 2030
Sarawak premier Abang Johari Openg at the launch of the Asia Carbon Conference 2025 in Kuching today. Others are Colombian ambassador to Malaysia Alejandro Rosselli Londoño (left) and Sarawak state secretary Abu Bakar Marzuki. (Bernama pic) PETALING JAYA : Sarawak is leading the way as Malaysia's first state to launch a Sustainability Blueprint 2030, setting the pace for a greener future. State premier Abang Johari Openg said the blueprint, developed by the state's energy and environmental sustainability ministry, features 10 pillars with 48 strategies and 111 action plans. 'The Sarawak Sustainability Blueprint 2030 encompasses every facet of our sustainability agenda, designed to integrate green principles into the very fabric of our society and economy,' he said in his keynote address at the Asia Carbon Conference 2025 in Kuching today, Bernama reported. Abang Johari said the blueprint sets a strong example for environmental action at the state level. He said the strategic roadmap for Sarawak's transition to a green economy outlines the state's commitment to accelerating renewable energy adoption, advancing carbon capture and storage, and enhancing forest and land conservation. It includes promoting green industries and investments, building sustainable cities through circular economy practices and developing a future-ready workforce through education, skills and research. Looking ahead, he said, Sarawak has pledged to publish a comprehensive greenhouse gas inventory report by 2027 to track the state's emissions and stay within its carbon budget. Abang Johari also said the Sarawak government is finalising its own carbon plan aimed at facilitating carbon market investments. 'The carbon plan is pivotal to offer a detailed implementation framework designed to catalyse carbon trading and foster a vibrant carbon market. 'Central to the plan is its focus on establishing a well-regulated and investor-friendly carbon market that balances supply and demand, thereby incentivising emissions reductions and attracting green investments to Sarawak,' he said.
Malay Mail
2 days ago
- Business
- Malay Mail
Sarawak launches Malaysia's first Sustainability Blueprint 2030 to drive green economy
KUCHING, May 29 — Sarawak has become the first state in Malaysia to launch a Sustainability Blueprint 2030, marking a major step towards building a greener and more sustainable future. Premier Tan Sri Abang Johari Tun Openg said the blueprint, developed by the Ministry of Energy and Environmental Sustainability Sarawak (MEESty), features 10 strategic thrusts, 48 strategies and 111 action plans. 'This comprehensive document, meticulously crafted and recently finalised by our MEESty, serves as our strategic roadmap for Sarawak's profound transition to a green economy. 'The Sarawak Sustainability Blueprint 2030 encompasses every facet of our sustainability agenda, designed to integrate green principles into the very fabric of our society and economy,' he said in his keynote address at the Asia Carbon Conference 2025 here today. He said the blueprint sets a strong example for environmental action at the state level. Abang Johari said the strategic roadmap for Sarawak's profound transition to a green economy also outlines the state's commitment to accelerating the renewable energy transition, advancing carbon capture and storage, as well as enhancing forest and land conservation. It includes promoting green industries and investments, building sustainable cities through circular economy practices and developing a future-ready workforce through education, skills and research. Looking ahead, he said Sarawak has pledged to publish a comprehensive Greenhouse Gas (GHG) Inventory report by 2027 to track the state's emissions and stay within its carbon budget. Meanwhile, he said the Sarawak government is finalising its own Carbon Plan aimed at facilitating carbon market investments in the state. 'The Carbon Plan is pivotal to offer a detailed implementation framework designed to catalyse carbon trading and foster a vibrant carbon market. 'Central to the Carbon Plan is its focus on establishing a well-regulated and investor-friendly carbon market that balances supply and demand, thereby incentivising emissions reductions and attracting green investments to Sarawak,' he added. — Bernama
Al Bawaba
3 days ago
- Business
- Al Bawaba
Winners Revealed at 6th GPCA Supply Chain Excellence Awards
The Gulf Petrochemicals and Chemicals Association (GPCA), the voice of the chemical industry in the Arabian Gulf, is pleased to announce the winners of the 6th GPCA Supply Chain Excellence Awards, which took place in a star-studded award ceremony during the 16th GPCA Supply Chain Conference on 27 May 2025 at the Address Sky View Hotel, Dubai, Awards attracted a total of 38 submissions from 20 companies across the GCC. Each winner received a trophy of recognition during the award ceremony. An esteemed panel of judges comprising leading industry experts shortlisted finalists across four award categories: Supply Chain Innovation, Best LSP of The Year, Excellence in Sustainability, and Women in Supply Chain. The Awards were open to all regional chemical supply chain and logistics operators and providers, who have developed and integrated innovative and sustainable solutions in their winners and finalists at this year's Awards are:Category 1: Supply Chain Innovation AwardWinner: Borouge for 'Value Chain Optimization and Digitalization of Sales & Operations Planning (S&OP) Using AI'Runner up: Almajdouie & De Rijke Limited Co. (MdR) for 'Operations and Maintenance of Radio Shuttle Racking System'Category 2: Best Logistics Service Provider (LSP) of the YearWinner: ALFRED TALKE Runner up: DP WorldCategory 3: Excellence in Sustainability AwardWinner: TruKKer for 'Sustainable Logistics through Electric Truck Integration and Backhaul Optimization'Runner up: Borouge for 'Reducing GHG emissions by transforming the Supply Chain Transportation Network'Category 4: Women in Supply Chain AwardWinner: Sara Alhababi, Sadara Chemical Company Runner up: Alhanof Ahmed Al-Buainain, Sipchem Dr. Abdulwahab Al-Sadoun, Secretary General, GPCA, commented: 'Congratulations to all winners and finalists of this year's GPCA Supply Chain Excellence Awards. An inspiring ingenuity, great commitment to excellence, and dedication to advancing supply chain operations in the GCC were demonstrated across all nominations we received. While there could be only one winner in each category, every nominee showcased outstanding achievement and hard work, reflecting the region's drive for supply chain excellence. We celebrated their contributions and look forward to recognizing even greater accomplishments at next year's Awards, as we continue striving for excellence across the Arabian Gulf region.'
