Guiding Principles

Every day we must make decisions that directly impact our environment and our stakeholders, including our employees, members of the communities we operate in, and our host governments. These decisions must never be driven by financial considerations alone.

At Endeavour, we recognise that we must all – from the leadership down – take responsibility for what happens in our name and drive sustainable activity to build and maintain the trust that forms our licence to operate.

To inform this decision making and ensure we adhere to high standards from an environment, social and governance perspective, we are members of the World Gold Council and ascribe to the Responsible Gold Mining Principles, as well as drawing on the following international standards and initiatives to guide our management imperatives and approaches.

Official Participation

World Gold Council

Endeavour joined the World Gold Council in January 2019. The World Gold Council is the market development organisation for the gold industry.

In September 2019, the Council published its 10 Responsible Gold Mining Principles, which it believes address key environmental, social and governance issues for the gold mining sector. The Principles are a framework that set out clear expectations for consumers, investors and the downstream gold supply chain as to what constitutes responsible gold mining.

Companies implementing the Responsible Gold Mining Principles will be required to obtain external assurance from a third party, independent assurance provider. This will provide further confidence to purchasers of gold that the gold they buy is responsibly mined and sourced.

View website: www.gold.org

Global Reporting Initiative (GRI)

GRI is an independent international organization that has pioneered sustainability reporting since 1997. The GRI Sustainability Reporting Standards are the first and most widely adopted global standards for sustainability reporting.

Endeavour has been reporting its economic, environment, social and governance performance to the GRI standards since 2017.

View website: www.globalreporting.org

Carbon Disclosure Project (CDP)

The Carbon Disclosure Project (CDP) is a not-for-profit charity that runs the global disclosure system for companies, investors, cities, states and regions to manage their environmental impacts. It encourages companies throughout the world to measure, manage, disclose and ultimately reduce their greenhouse gas emissions.

Endeavour has been disclosing the company’s fuel consumption and greenhouse gas emissions, air quality, water stewardship, and waste management since 2017 in our annual sustainability report. In 2019, we commenced disclosure through CDP.

View website: www.cdp.net

Guiding Frameworks

UN Sustainability Development Goals (SDG)

The 2030 Agenda for Sustainable Development, adopted by all United Nations (UN) Member States in 2015, provides a shared blueprint for peace and prosperity for people and the planet, now and into the future. At its heart are the 17 Sustainable Development Goals (SDGs), which are an urgent call for action by all countries - developed and developing - in a global partnership. They recognize that ending poverty and other deprivations must go hand-in-hand with strategies that improve health and education, reduce inequality, and spur economic growth – all while tackling climate change and working to preserve our oceans and forests.

Endeavour firmly believes that the mining industry has an opportunity to contribute positively to the SDGs. Click here to find out more about Endeavour’s contribution to the SDGs.

View website: https://www.un.org/sustainabledevelopment/sustainable-development-goals/

IFC Environmental and Social Performance Standards

The International Finance Corporation (IFC) Environmental and Social Performance Standards form part of the IFC’s Sustainability Framework, which promotes sound environmental and social practices, encourages transparency and accountability, and contributes to positive development impacts. It is a global benchmarking framework for environmental and social risk management.

Endeavour seeks to align its management approaches and practices with the IFC Environmental and Social Performance standards in assessing and managing environmental risks, informing labour and working conditions as well as guiding land acquisition and involuntary resettlement.

View website: www.ifc.org/wps/wcm/connect/Topics_Ext_Content/IFC_External_Corporate_Site/Sustainability-At-IFC/Policies-Standards/Performance-Standards

Extractive Industry Transparency Initiative (EITI)

EITI is the global standard to promote the open and accountable management of oil, gas and mineral resources. The EITI Standard requires the disclosure of information along the extractive industry value chain from the point of extraction, to how revenues make their way through the government, and how they benefit the public.

Endeavour supports EITI’s mission to strengthen public and corporate governance, promote understanding of natural resource management, and provide the data to inform reforms for greater transparency and accountability in the extractives sector. Our host countries are EITI compliant and all our payments to governments are reported to the Canadian government on a country and project basis, as required under the Extractive Sector Transparency Measures Act (ESTMA), please click here for further details.

View website: eiti.org

ICMM is an international organisation dedicated to a safe, fair and sustainable mining and metals industry. The ICMM has published 10 Principles for sustainable development to inspire change in the mining and metals industry and promote improved performance.

Endeavour supports the work the ICMM is doing, particularly with regards to tailings storage facilities. Endeavour has published details of its tailing storage facilities here in response to the Church of England Pensions Board and Council on Ethics of the Swedish National Pension Funds.

View website: www.icmm.com

World Health Organization (WHO) Guidelines for Drinking-water Quality

WHO produces international norms on water quality and human health in the form of guidelines that are used as the basis for regulation and standard setting world-wide. The Guidelines for drinking-water quality (GDWQ) promote the protection of public health by advocating for the development of locally relevant standards and regulations (health based targets), adoption of preventive risk management approaches covering catchment to consumer (Water Safety Plans) and independent surveillance to ensure that Water Safety Plans are being implemented and effective and that national standards are being met.

Endeavour uses the WHO guidelines for water management. Any water that is discharged is treated, if required, in order to meet WHO quality standards before being safely discharged back into the environment.

View website: https://www.who.int/water_sanitation_health/water-quality/guidelines/en/

International Cyanide Management Code (Cyanide Code)

The Cyanide Code is a voluntary industry program for gold and silver mining companies. It focuses exclusively on the safe management of cyanide and cyanidation mill tailings and leach solutions. The objective of the Cyanide Code is to improve the management of cyanide used in gold and silver mining and assist in the protection of human health and the reduction of environmental impacts.

Endeavour’s Environmental Policy commits to aligning with the International Cyanide Management Code for the Manufacture, Transport and Use of Cyanide in the Production of Gold. We are audited against this standard on a regular basis by an accredited third party.

View website: www.cyanidecode.org

ISO 45001 OH&S

This is a standard to help organizations to improve employee safety, reduce workplace risks and create better, safer working conditions, all over the world.

For Endeavour, protecting our workforce is a core value as well as fundamental prerequisite to achieving long-term success and upholding our commitment to sustainability. In 2018, all operational sites started working on upgrading and standardizing their processes to the group standard, which is aligned with ISO 45001 for safety.