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Kinross Gold Releases 2022 Sustainability and ESG Report
TORONTO, May 09, 2023 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) (“Kinross” or the “Company”) is pleased to announce the publication of
About this update from Kinross Gold Corporation
[{"type":"text","content":" TORONTO, May 09, 2023 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) (“Kinross” or the “Company”) is pleased to announce the publication of its 2022 Sustainability and ESG Report (the “Report”), providing a comprehensive summary of the Company’s progress over the past year in furthering its Environmental, Social and Governance (ESG) strategy. “Sustainability is a critical component of our business and every facet of our operations at Kinross,” said J. Paul Rollinson, President and CEO. “Building on the solid sustainability foundation we’ve established over three decades, we have updated our ESG strategy, focusing on three pillars: Workforce and Community, Natural Capital, and Climate and Energy. We see each pillar as a key focus area for us, with short and long term performance targets embedded into our business. Our updated ESG strategy and sharpened focus will enhance the management of our social and environmental performance in a transparent, collaborative, and responsible manner, generating long term value for our stakeholders.” Kinross’ Sustainability and ESG Report, now in its 15th year, provides a comprehensive update to the Company’s stakeholders on the progress made in 2022, and what the Company aims to achieve in 2023 and beyond. Kinross’ 2022 Sustainability and ESG Report, available at https://www.kinross.com/2022-Sustainability-and-ESG-Report/, details the Company’s approach to responsible mining that underpins its operational success. The foundation of Kinross’ ESG governance structure is its core values, commitment to key international frameworks and standards, and Safety and Sustainability Policy, which grounds the Company’s First Priorities and its commitment to environmental stewardship, social responsibility and governance. In 2022, Kinross strengthened its oversight of the ESG function with the establishment of an ESG Executive Committee, which has taken a leadership role in ESG risk management, enhanced transparency and reporting, as well as identifying ESG opportunities within the business. Additionally, Kinross enhanced its ESG metric in the executive short-term incentive compensation plan by increasing its weighting from 20% to 25% with the addition of a new ESG initiative metric. This metric focused on updating the Company’s ESG strategy and diversity action plan and, in 2023, will focus ...