Hecla Mining Company (NYSE:HL) today released its 2021 Sustainability Report, highlighting the Company's environmental, social and governance (ESG) performance and 2022 sustainability targets. The theme of this year's report is "Building Strong Communities Through Responsible Mining."
"Throughout our more than 130 years in operation, Hecla's focus has been on responsible mining practices, safety, and building strong communities where our mines operate," said Hecla President and Chief Executive Officer Phillips S. Baker, Jr. "We reduced our GHG scope 1 and 2 emissions by 44% over 2019 baseline levels and achieved net zero on scope 1 & 2 emissions in 2021. Our commitment to transparent reporting and sustainability will continue as the United States' largest miner of silver, a metal that is a key part in decarbonizing our energy sources."
HIGHLIGHTS OF 2021 SUSTAINABILITY REPORT
Climate Change: Achieved net zero on Scope 1 and Scope 2 carbon emissions and reduced emissions by 44% from 2019 baseline levels.
Total Energy Intensity: Continued to reduce energy intensity, exceeding multi-year 5% energy intensity reduction goal.
Renewable Energy: 99% of electricity used at Hecla's mines was line power with 70% generated by renewable hydropower.
Health and Safety: All-Injury Frequency Rate of 1.45, a 76% reduction since 2012 and 40% lower than the U.S. national average.
Community Investment: Total economic impact of more than $700 million in the communities where Hecla operates.
Stakeholder Engagement: Conducted first third-party assessment of ESG priority topics.
REPORTING FRAMEWORKS
For the first time, Hecla prepared the Sustainability Report with reference to the Global Reporting Initiative (GRI) Standards. For the fourth year, the Company benchmarked its performance against the Sustainability Accounting Standards Board (SASB) Metals and Mining standards. This is also the second year for the Company to report against relevant aspects of the Task Force on Climate-Related Financial Disclosures (TCFD) as well as against Mining Association of Canada's Towards Sustainable Mining (TSM) framework, for its Casa Berardi mine in Quebec, Canada.
The full 2021 Sustainability Report, along with the ESG data tables and GRI, SASB, TCFD, and TSM content indices, can be accessed on Hecla's website here Hecla-2021-Sustainability-Report.pdf.
ABOUT HECLA
Founded in 1891, Hecla Mining Company (NYSE:HL) is the largest silver producer in the United States. In addition to operating mines in Alaska, Idaho and Quebec, Canada, the Company owns a number of exploration properties projects in world-class silver and gold mining districts throughout North America.
Growth Opportunity Partners (Growth Opps), a leading community financial institution and Green Bank, and the International Brotherhood of Electrical Workers (IBEW) today announced a groundbreaking agreement to collaborate on the implementation of the...
Power Knot LLC, the market leader for onsite organic waste management solutions, has been awarded the 2024 Innovation Award of Excellence by Restaurants Canada. This esteemed recognition was presented at the Restaurants Canada Show, Canada's premier...
The Honourable Lawrence MacAulay, Minister of Agriculture and Agri-Food, will host an event at the University of Prince Edward Island's Canadian Centre for Climate Change and Adaptation in St. Peter's Bay where he will highlight new investments in...
Innovafeed, a global leader in the production of insect ingredients for high-quality animal feed, pet food and plant nutrition, inaugurated its North American Insect Innovation Center (NAIIC) in Decatur, Illinois on the 18th of April. This pilot...
The Climate Trust (TCT), Oregon-based nonprofit leader in carbon offset project finance and development, has recently partnered with Burnett County, Wisconsin to develop a carbon project including 95,000 acres of forestland that has been entered into...