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Collective Mining Publishes 2022 ESG Report and Achieves Carbon Neutrality
TORONTO, Aug. 23, 2023 /CNW/ - Collective Mining Ltd. (TSXV: CNL) (OTCQX: CNLMF) ("Collective" or the "Company") is pleased to announce it has published its 202
About this update from Collective Mining Ltd
[{"type":"text","content":" TORONTO, Aug. 23, 2023 /CNW/ - Collective Mining Ltd. (TSXV: CNL) (OTCQX: CNLMF) (\"Collective\" or the \"Company\") is pleased to announce it has published its 2022 Sustainability Report, which contains a clear and comprehensive account of the Company's performance in social, environmental, health & safety and governance matters within its area of operations. In addition, Collective has become carbon neutral in 2022 for the first time due to the purchase of carbon credits from the Delfines Cupica Redd+ project. Focused in the department of Chocó, the Delfines Cupica Redd+ initiative is led by ethnic communities of the Chocó region and plays a key role in the conservation of more than 103,000 hectares of tropical forests which benefits approximately 7,000 people. Collective's ESG Report highlights several achievements in 2022 including: Over $180,000 of social investment in projects for the communities such as the construction of a water utilities facility benefitting approximately 900 people, the construction of rural roads and various agricultural initiatives consisting of training and the replacement of more than 200,000 coffee plants. These projects represented more than $400,000 in total investment when combined with our strategic partners. In order to improve the conservation of water sources for the communal water utilities, 1,900 trees were planted in our area of operation which covers approximately five hectares of land. With 28% of the Company's employees being female, the Company continues advancing towards its goal of ultimately becoming gender neutral. By way of comparison, according to the Departamento Administrativo Nacional de Estadísticas - DANE (National Statistics Administrative Department) 17% of the Colombian mining industry is currently represented by females. A material reduction of the Company's Total Recordable Injury Frequency Rate (TRIFR) from 5.3 in 2021 to 0.96 in 2022. The Company remains focused on improving its health & safety culture. Omar Ossma, President and CEO of Collective Mining stated: \"Our results in 2022 demonstrate Collective Mining's strong commitment to sound ESG principles. Our operating model of aligning exploration activities hand-in-hand with a robust ESG program continues to pay dividends for our stakeholders as we advance our Guayabales and San Antonio projects.&n...