Sustainability Disclosure & Reporting
A variety of environmental and social factors may have a material impact on the long-term success of a company, and good governance includes appropriate board oversight of these material environment, social, and governance (ESG) factors.
In 2020 we performed a detailed ESG-specific materiality assessment to identify the company’s key ESG factors that are most likely to be considered material to stakeholders, such as investors, governments, communities, and other ecosystem participants and how they should be disclosed by the company.
In our latest 2022 Sustainability Report, we measure and report on our sustainability performance using the guidelines provided by the Global Reporting Initiative (GRI) Standards: Core Option and the Sustainability Accounting Standards Board (SASB) Metals and Mining Standard. The report also has a first disclosure alignment of our climate change performance with the Task Force on Climate-related Financial Disclosures (TCFD).
In 2015, the United Nations Member States adopted the 2030 Agenda for Sustainable Development, a shared blueprint for peace and prosperity for people and the planet. The countries where we operate - Argentina, Burkina Faso, Canada, Côte d'Ivoire, Mexico, and Peru - are United Nation Member States.
At its heart are 17 Sustainable Development Goals (SDGs), an urgent call for action by all countries - developed and developing - in a global partnership. They recognize that ending poverty and other deprivations must go hand-in-hand with strategies that improve health and education, reduce inequality, and spur economic growth – all while tackling climate change and working to preserve our oceans and forests.
At Fortuna, we recognize that our exploration, mining, processing, and transportation activities have impacts on the communities and environments where we work. We also recognize the role we can play to enable sustainable development by carrying out action plans that provide substantive support and develop local capabilities.
This recognition that we share the responsibility for helping to build sustainable societies and create green growth outcomes with governments and other companies in the private sector is critical. Our impact is amplified when we are transparent and report on our performance against international development goals.
Our six-pillar sustainability approach is aligned with 10 of the 17 SDGs which we have used as a reference to define our priorities. By reporting under the GRI standards, our contributions and commitment to the SDGs are clear.