Facing challenges with discipline and capitalizing on opportunities
Our Board of Directors reviewed the results of our decarbonization roadmap.
We reduced GHG emissions by 0% compared to 2023 and by 0% compared to our 2022 baseline.
0% of our electricity consumption came from renewable sources.
Our climate report aligns with the recommendations of IFRS S2.
0% of the water used in our operations came from municipal wastewater and brackish sources.
We contributed 0.055 Mm3 to the National Agreement for the Human Right to Water and Sustainability in Mexico.
We maximize water reuse, achieving 0% recirculation in industrial and sanitary processes.
0% of our water use, in arid and water-stressed areas, came from these alternative sources such as municipal wastewater and brackish water, contributing to business resilience.
We recorded zero significant noncompliance incidents related to water permits, standards or quality regulations.
Mining-metallurgical waste stewardship
We apply international best practices in engineering and governance tailings management.
03 Mt of tailings reprocessed and reused — 07% of the total deposited tailings—strengthening our commitment to circular economy approach.
We recorded zero significant incidents related to mining and metallurgical waste.
100% of our operations have environmental management plans that incorporate biodiversity considerations.
Zero significant incidents related to air quality.
100% of our sites have a conceptual mine closure plan, which is periodically reviewed.
We reforested with a total of 0,0 plants at our Bismark and Noche Buena closing sites.
Women make up 13.01% of our total workforce and 15.1% of leadership roles.
We implemented a Protocol for addressing harassment, workplace bullying, and sexual violence in the workplace.
We joined the BAL sin Barreras strategy to enhance our diversity, equity, and inclusion efforts.
We advanced the High Potential Strategy to strengthen our approach to health and safety.
A new Safety, Occupational Health, and Environmental Standard was developed for contractor management.
LTIFR: 5.49
TRIFR: 10.82
For the second year in a row, we were recognized as an Empresa Excepcional for our social investment initiatives, including the Peñoles Soccer Academies and the FIRST Robotics Program.
US$7.84 million invested in social development.
75% of our workforce is locally hired.
64% of our value chain partners are local, accounting for 47% of total payments.
Our project "Mujeres del Desierto y Mar" was selected as a model initiative under the Fostering Capacities for Sustainable Development in Mexico, program, as a leading project for promoting women's inclusion in productive activities.
The Ethics and Corporate Values Committee oversees and monitors compliance with our Code of Ethics and Conduct.
The ESG Committee evaluates our environmental, social, and governance performance, identifying risks and opportunities.
The Tailings Review Committee provides internal oversight of the governance and operation of our tailings facilities.
We operate a confidential and secure whistleblower line, Línea Correcta, to report concerns about company operations or unethical behavior.
442 Reports received
356 Cases reviewed
65 Cases involving managers
109 Disciplinary actions taken
32 Control improvements implemented
Lines of Defense in Cybersecurity
First Line Operational Management:
Responsible for daily implementation of cybersecurity risk controls.
Second Line Risk Management and Compliance:
Manages the cybersecurity policies and procedures. Designs, defines, oversees and provides support to the implementation of controls.
Third Line Audit:
Conducts independent internal and external audits to assess control effectiveness and ensure proper function of the first two lines.
In 2024, we updated our Third-Party Code of Ethics and Conduct, outlining the standards we expect from our business partners.
We maintain responsible sourcing certifications from the London Bullion Market Association (LBMA) and the London Metal Exchange (LME).
We collaborate with customers through sustainability assessments such as EcoVadis and ensure transparent reporting of our products' carbon footprint.
86 service providers in our Metals and Mining divisions were recognized for achieving the goal of zero accidents, harm, and fatalities.
We invited strategic suppliers to participate in the Sustainable Supply Chains program offered by the Mexican Stock Exchange.
