Business
Endeavour Silver Releases Inaugural Climate Report
VANCOUVER, British Columbia, March 09, 2023 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (NYSE: EXK; TSX: EDR) (“Endeavour” or the “Company”), today publishes its
About this update from Endeavour Silver Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, March 09, 2023 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (NYSE: EXK; TSX: EDR) (“Endeavour” or the “Company”), today publishes its inaugural climate strategy report, entitled “Our Climate Journey”. The report highlights our approach to climate change and aligns with the recommendations of the Task Force on Climate-related Financial Disclosures (“TCFD”), providing specific climate-related information in four areas: governance, strategy, risk management, and metrics and targets. “We are pleased to publish our first TCFD-aligned report, demonstrating our longstanding commitment to transparency and disclosure on sustainability issues that matter to our stakeholders,” says Dan Dickson, CEO. “For Endeavour Silver, like many other organizations, we are in the early days of understanding our footprint, opportunities and long-term pathway to a more sustainable business. We are trying to be thoughtful and diligent in assessing what the climate emergency means for our Company and the most effective steps we can take.” As a primary silver producer, our business has an essential role in enabling the transition to a low carbon economy. We believe that future demand for silver will be heavily driven by the global response to climate change. In particular, markets are likely to respond to the widespread adoption of renewable energy sources as a means of de-carbonizing global energy supply. This demand will favor industrial applications in silver such as photovoltaics, which is currently the fastest growing segment of silver demand. Protecting the planet is one of the three pillars of Endeavour’s 2022-2024 Sustainability Strategy. Through the strategy, we are elevating our environmental stewardship to reduce negative impacts, protect ecosystems and support environmental sustainability. Our focus is on mobilizing action towards a low-carbon economy, by minimizing our production of direct and indirect greenhouse gas (“GHG”) emissions and developing a climate risk response plan. Added Dan: “As a mining company, we proactively manage risk all the time, and now we’re integrating climate-related risks into our risk management practices. We also view climate change beyond risk. It’s an opportunity for us to build a more climate-smart business that’s well positioned for a lower-carbon future.” With the release of our first...