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Hudbay Minerals Announces Release of its 19th Annual Sustainability Report
TORONTO, June 02, 2022 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) today announced the release of its integrated annua
About this update from Hudbay Minerals Inc
[{"type":"text","content":" TORONTO, June 02, 2022 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) today announced the release of its integrated annual and sustainability report (“Annual Sustainability Report”). The Annual Sustainability Report provides transparency and progress on key accomplishments and initiatives in 2021 along with goals for the upcoming year and long-term future. Hudbay believes global demand for the metals that it mines continues to rise alongside the need for green technology that will play an essential role in meeting the challenge of climate change. Hudbay is committed to a reduced greenhouse gas (“GHG”) emissions future. The company is currently working toward specific emissions reduction targets to align with the global 2030 and 2050 climate change goals. In 2021, to better understand the nature of the company’s GHG footprint and the best options for approaching and achieving sustainable GHG reductions, Hudbay began work on a 10-year Greenhouse Gas Reduction Roadmap. The roadmap will identify key sources of emissions, including Scope 3 emissions, and the nature of the changes – operational or technical – that will be required to make full or significant changes in each source area. Hudbay’s 2021 Annual Sustainability Report disclosures were mapped to the Global Reporting Initiative (GRI), the Sustainability Accounting Standards Board (SASB) Metals & Mining industry standard and the Task Force on Climate-related Financial Disclosures (TCFD). Hudbay also provides disclosure through the CDP Climate, Water, and Forests questionnaires. To inform Hudbay’s sustainability programs and improve its performance, the company applies and voluntarily supports several international best practice standards, including ISO 14001, ISO 45001, ISO 9001, Towards Sustainable Mining, the Voluntary Principles on Security and Human Rights and International Finance Corporation (IFC) Performance Standards. As a member of the Mining Association of Canada, Hudbay implements the Towards Sustainable Mining (TSM) Protocols at all of its operations, with the goal to maintain a score of “A” or higher for all protocols. In 2021, we achieved a rating of “AA” across all TSM tailings management protocol indicators in both Manitoba and Peru. Hudbay’s Board of Directors commits to provide the Company direction and oversight wi...