This dedicated section of the website is intended to provide investors with access to information and materials relating to Hochschild's approach to Environmental, Social and Governance issues
Female Board Representation
Proportion of electricity sourced from renewable sources to service Peruvian sites
Investor FAQs on Hochschild's approach to ESG
Hochschild does not currently qualify for inclusion in FTSE4Good or other ESG-themed indices. We are constantly evaluating such opportunities and details of relevant developments will be provided on the website.
Hochschild Mining participates in the Carbon Disclosure Project (all questionnaires). In addition, the Company has published a report in line with the recommendations of the Taskforce on Climate Related Financial Disclosures in its 2021 Annual Report.
Our operations in both Peru and Argentina have a lower greenhouse gas (GHG) emissions intensity compared to other gold and silver mines globally (1.57 tCO2e/koz Ag eq; 0.13 tCO2e/oz Au eq). This is due to the underground nature of our mining operations (which generally have lower GHG emissions than larger open pit mines) and our low-carbon, grid-based electricity supply. The underground mines consist of narrow high-grade veins in both Peru and Argentina allowing us to have a GHG intensity that is lower than the average of the World Gold Council members.
Hochschild is committed to achieving net zero operations by 2050. In order to achieve this, a number of recommendations arising from an externally-commissioned report are in the process of being finalised, which will result in the setting of interim targets.
Further information will be published on the website in due course.
At Hochschild, we are committed to providing equal employment opportunities for all, regardless of race, gender, religion, ethnicity, age or any other distinguishing characteristic or trait. We believe diversity brings new and innovative ideas that contribute to our overall business success. We are particularly focused on bringing more women into our workforce and addressing the gender imbalance in an industry typically dominated by men. We believe that gender diversity and decent work for all are key to ensuring that the Company’s economic growth is both sustainable and inclusive.
Gender diversity is also linked to higher productivity levels and, in mining, improved environmental performance and safety records.
Long-term ESG-related objectives, including in relation to gender diversity, are in the process of being set and will be published on this website.