Fortuna Mining's Commitment to Sustainability in 2024 Report
Fortuna Mining Corp. Unveils 2024 Sustainability Report
VANCOUVER, British Columbia — Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is thrilled to share its seventh annual Sustainability Report, which highlights notable advancements made throughout 2024. This comprehensive report focuses on governance, corporate strategy, risk management, and performance, reinforcing Fortuna's commitment to the environmental, social, and governance (ESG) factors that are critical to both the business and its stakeholders.
Leadership Commitment to Sustainability
Jorge A. Ganoza, President and CEO of Fortuna, emphasizes that sustainability is not merely a duty, but a strategic necessity that drives efficiency and cultivates trust among investors and stakeholders. In his statement, Mr. Ganoza proudly reflects on the company's performance and recognizes the importance of continuous improvement in crucial areas. He also reinforces the leadership team's dedication to weaving sustainability—especially health and safety—into all facets of decision-making, from routine operations to robust strategic planning.
Remarkable Insights from the 2024 Sustainability Report
Julien Baudrand, Senior Vice President of Sustainability, highlights Fortuna's alignment with industry best practices, citing initiatives such as Critical Risk Management and adherence to global standards. The 2024 report signals a year marked by outstanding achievements: a leading performance in health and safety, industry-leading greenhouse gas emissions intensity per ounce of gold produced, and a commendable track record of negligible negative impacts on the environment or host communities.
Key Facts and Figures
Fortuna's 2024 Sustainability Report provides an array of key data:
- Governance: 63% of board directors have expertise in safety and ESG; 30% of executive compensation is linked to ESG performance.
- Workforce Health and Safety: Zero fatalities reported, with a Lost Time Injury Frequency Rate (LTIFR) of 0.48.
- Community Relations: Zero significant grievances from the community, with contributions of US$103 million in government payments.
- Environmental Impact: Zero significant environmental spills and compliance with all water quality standards.
- Human Capital: 5,099 workers, with no reported violations of human rights or corruption.
Transformative Initiatives and Community Engagement
The report also showcases the transformative projects spearheaded by Fortuna in Latin America and West Africa. These initiatives reflect the company's dedication to generating lasting social and environmental impact beyond mere financial success. Fortuna aims to create long-term shared value for its stakeholders through committed stewardship and sustainability practices.
Transparency and Enhanced Accessibility
To promote transparency and stakeholder engagement, Fortuna has introduced the Sustainability Data Booklet in alignment with the 2023 SASB Metals & Mining Standard, TCFD guidelines, and GRI Standards, including the newly introduced GRI 14: Mining Sector Standard (2024). This resource is enriched by the Interactive Analyst Center, providing accessible, site-specific ESG data tailored for stakeholders.
About Fortuna Mining Corp.
As a Canadian mining enterprise, Fortuna Mining Corp. boasts three operational mines as well as exploration activities across several countries. The company is dedicated to responsible practices in gold and silver production, ensuring environmental guardianship and social responsibility are at the forefront of its operations. Fortuna is committed to generating long-term value for stakeholders while maintaining a sustainable approach.
Frequently Asked Questions
What is the focus of Fortuna's 2024 Sustainability Report?
The report emphasizes governance, corporate strategy, risk management, and key ESG factors relevant to the company and its stakeholders.
Who is Fortuna Mining Corp.?
Fortuna Mining Corp. is a Canadian precious metals mining company producing gold and silver while ensuring sustainability and social responsibility across its operations.
How does Fortuna ensure workforce safety?
Fortuna achieved a Lost Time Injury Frequency Rate of 0.48 and reported zero fatal incidents, demonstrating a strong commitment to health and safety.
What environmental standards does Fortuna adhere to?
Fortuna complies with essential standards like ISO 14001, emphasizing minimal environmental impact and sustainability in its operations.
Where can I find more information about Fortuna Mining Corp.?
More details about Fortuna Mining and its sustainability initiatives can be found on their official website: www.fortunamining.com.
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