Eldorado Gold Publishes 2025 Sustainability Report, Incorporating Climate Change Strategy and Data
Emphasizes Sustainability as a
(All dollar figures are in US dollars, unless otherwise stated)
“At Eldorado, sustainability starts with our people,” said
2025 Report Highlights and Achievements:
(Organized by the four pillars of our Sustainability Framework)
Safe, Inclusive and Innovative Operations
At Eldorado, we prioritize a positive culture of health and safety where everyone values their own and others’ safety and well-being. Protecting the health and safety of our employees, contractors, suppliers and communities is a cornerstone of our operating philosophy. We are focused on driving an engaged positive culture, as part of our continued efforts to eliminate fatalities, serious injuries and occupational diseases.
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50% women on our Board of Directors and 38% women across our Officers and Senior Management(1);
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25% global female hire rate achieved;
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57% decrease in potentially fatal occurrence frequency rate; and
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25% global completion of Courageous Safety Leadership workshops.
Engaged and Prosperous Communities
From the initial stages of exploration to the eventual reclamation and rehabilitation of a mine site, we rely on the relationships with our stakeholders and Indigenous peoples to work toward socially inclusive and sustainable development. By maintaining open and transparent communication, providing competitive wages and benefits, prioritizing local hiring and procurement, contributing our fair share of taxes and royalties, and investing in community programs and infrastructure, we work hard to support the development goals of our host communities and governments.
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81% of our employees reside in local and host communities;
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77% of our contractors are sourced from countries of operations;
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$7.6 million in community investment, representing a 68% increase year over year; and -
$1.2 billion spent on local/national procurement with suppliers, representing a 47% increase year over year.
Healthy Environments Now and for the Future
As a global company, we are subject to the environmental laws and regulations in each of our operating jurisdictions. We work closely with our regional teams to understand local regulations and align our environmental practices to meet these requirements and our Sustainability Integrated Management System (“SIMS”) standards. Our Climate Change Strategy sets out how we identify, assess, manage, and disclose climate-related risks, opportunities, and impacts across our operations and development projects.
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0.42 tCO2e/oz Au average Scope 1 and Scope 2 GHG emissions intensity for operating mines(2);
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46% of our GHG emissions mitigation target achieved(3);
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76% water recycled and reused; and
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48,280 indigenous plants established across 9,036 hectares to advance biodiversity and reclamation.
Responsibly Produced Products
The products we produce, primarily gold today and copper-gold concentrate in the future, play an essential role in the global economy and modern society. Gold serves as a store of value, supports financial systems, and contributes to a wide range of applications, including technology, medicine and innovation. Copper is a critical material for electrification and the energy transition, supporting the shift to a lower-carbon economy. With first copper concentrate expected in 2026, our entry into copper production is expected to contribute to these global outcomes.
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Continuous improvement of our sustainability management system framework, SIMS, including the rollout of new training for our workforce;
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Completed a
Mining Association of Canada’s Towards Sustainable Mining verification at theLamaque Complex , with Level AAA scores for all applicable protocols; -
Full conformance with World Gold Council’s Responsible Gold Mining Principles and Conflict-Free Gold Standard; and
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Independent Human Rights and Voluntary Principles on Security assessments completed across all operating sites.
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Notes:
| (1) | Data as at |
| (2) | GHG emissions intensity per ounce of gold includes only those operations that produced gold during the year ( |
| (3) | This figure represents Eldorado’s estimated Scope 1 and Scope 2 GHG emissions mitigated from mines included in the GHG emissions mitigation target ( |
About
Eldorado is a gold and base metals producer with mining, development and exploration operations in
Contact
Investor Relations
647 271 2827 or 1 888 353 8166
[email protected]
Media
236 885 6251 or 1 888 353 8166
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Cautionary Note about Forward-looking Statements and Information
Certain of the statements made and information provided in this news release are forward-looking statements or information within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Often, these forward-looking statements and forward-looking information can be identified by the use of words such as “anticipate”, “believe”, “budget”, “continue”, “commitment”, “confident”, “deliver”, “estimate”, “expect”, “forecast”, “foresee”, “future”, “goal”, “generate”, “guidance”, “intend”, “opportunity”, “outlook”, “plan”, “project”, “potential”, “prospective”, “scheduled” “strive”, or “target” or the negatives thereof or variations of such words and phrases or similar words or statements that certain actions, events or results “can”, “could”, “likely”, “may”, “might”, “will”, or “would” be taken, occur or be achieved.
Forward-looking statements or information contained in this news release include, but are not limited to, statements or information with respect to: sustainability commitments, both generally in the pillars of our Sustainability Framework and in specific initiatives developed within each pillar; our beliefs with respect to our impact and approach to sustainability; our initiatives to foster a more inclusive, connected and equitable workplace; our focus on creating long-term value through responsible mining; our ongoing efforts towards our climate change strategy; and generally our strategy, plans and goals.
Forward-looking statements and forward-looking information are by their nature based on a number of assumptions that management considers reasonable. However, if such assumptions prove to be inaccurate, then actual results, activities, performance or achievements may be materially different from those described in the forward-looking statements or information. These include assumptions concerning, among other things: the current or future price of gold, copper and other commodities; anticipated values, costs, expenses and working capital requirements; the geopolitical, economic, permitting and legal climate that we operate in; general business and economic conditions, including interest rates, inflation, commodity and power prices, credit and financial market conditions and the impact of foreign exchange rates and tax rates and related frameworks; our ability to address the negative impacts of climate change and adverse weather; and our ongoing relations with regulators, communities, and our partners. In addition, except where otherwise stated, we have assumed a continuation of existing business operations on substantially the same basis as exists at the time of this news release. Even though we believe that the assumptions and expectations represented by such statements or information are reasonable, there can be no assurance that the forward-looking statements or information will prove to be accurate. Many assumptions may be difficult to predict and are beyond our control.
Forward-looking statements or information contained in this news release are subject to a variety of known and unknown risks, uncertainties and other factors which could cause actual events or results to differ from those expressed or implied by the forward-looking statements or information, including, but not limited to: prices of commodities and consumables; construction and development risks at the Skouries project, the
The inclusion of forward-looking statements and information is designed to help you understand management’s current views of our near and longer-term prospects, and it may not be appropriate for other purposes. There can be no assurance that forward-looking statements or information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Except as required by law, we do not expect to update forward-looking statements and information continually as conditions change and you are referred to the full discussion of the Company’s business contained in the Company’s reports filed with the securities regulatory authorities in
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