Business
First Majestic Announces 2024 Sustainability Report and Mailing of 2025 AGM Meeting Materials
Vancouver, British Columbia--(Newsfile Corp. - April 10, 2025) - First Majestic Silver Corp. (NYS...
About this update from First Majestic Silver Corp.
[{"type":"text","content":"First Majestic Announces 2024 Sustainability Report and Mailing of 2025 AGM Meeting MaterialsVancouver, British Columbia--(Newsfile Corp. - April 10, 2025) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the \"Company\" or \"First Majestic\") is pleased to announce the release of its 2024 Sustainability Report and the mailing of its meeting materials for the Company's upcoming 2025 Annual General Meeting of Shareholders (the \"2025 AGM\").2024 SUSTAINABILITY REPORTThe Company's 2024 Sustainability Report has been prepared primarily in alignment with the Sustainability Accounting Standards Board (\"SASB\") reporting standards, and summarizes the Company's sustainability-related performance for the 2024 calendar year.Record Safety Performance: Achieved the Company's best health and safety performance on record, including a 48% annual reduction in TRIFR and 70% annual reduction in LTIFR.Inclusive Excellence: Invested in our own employees' futures, recording 16 inter-company transfers, 67 promotions to higher roles, and providing 33% of our mine site employees with skills-based training.Carbon Reduction: Reporting our lowest carbon footprint on record, achieving a 33% annual reduction in carbon footprint per tonne of ore processed, and a total reduction in our carbon footprint of 44% compared to the baseline set out in our first sustainability report in 2019.Community Involvement: Partnered with our local communities on impactful projects, investing over US$1.2 million in our communities during 2024. Strong community support is reflected in an 89% annual reduction in community complaints and no community-related technical delays in 2024.ESG Recognition: The Company continued its trend of improvement within sustainability ratings and rankings, and by the end of 2024, we placed in the top 20% of the mining industry as ranked by ISS ESG, the top 34% by S&P Global, the top 41% by Sustainalytics, and the top 42% by the London Stock Exchange Group.The 2024 Sustainability Report provides shareholders and stakeholders of First Majestic an annual progress report against our public sustainability commitments. The Company is pleased to share that in 2024 we met all of our sustainability targets and commitments and achieved our best carbon footprint and health and safety performance on record. \"Sustainability and Accountabil...