Inside Fortuna Mining Corp.'s Admirable 2024 Sustainability Success Story

Fortuna Mining Corp. recently basked in the glow of its 2024 achievements. The mining Titan’s seventh annual Sustainability Report illuminated their noteworthy strides in risk management, corporate strategy, governance, and performance. Not only was Fortuna delighting itself with the tale of its 2024 achievements - it also used this opportunity to spotlight their commitment to environmental, social, and governance (ESG) factors, evidence of their commitment to being accountable to both its workforce and clients.

Fortuna’s CEO, Jorge A. Ganoza, believes sustainability isn’t just a necessity, it’s intertwined with success and forms a powerful substrate for efficiency in business operations. It also boosts their image and integrity among investors from diverse locations where they operate. Ganoza takes immense pride in the 2024 accomplishments but insists on continuous improvement for long-term success. Sustainability, according to Ganoza, needs to be woven into every operation, every decision, from the ground up.

Baudrand inked Fortuna’s journey from striving for absolute zero harm, shrinking their environmental impact footprint, and meeting stakeholder expectations to strength the relationship with shareholders, local authorities, communities, lenders, and employees. Among the varying milestones achieved by Fortuna in 2024, an impressive 63 percent of the director board was found to be proficient in safety, sustainability, and ESG, while 30 percent of executive short-term incentive compensation is attributed to ESG performance.

In terms of health and safety, the report glorified zero fatal events, and a Lost Time Injury Frequency Rate (LTIFR) of merely 0.48. Furthermore, over 90 percent of employees received Critical Risk Management (CRM) training. Fortuna also decisively showcased its strong community presence with no significant grievances and a generous contribution to the local community development programs and funds.

In terms of energy consumption, Fortuna impressively sourced 14 percent of its total energy consumption from renewable sources, thereby laying a blueprint for sustainability. This eco-angled mining giant takes its environmental responsibility seriously with zero significant environmental spills and an exhaustive commitment to reducing carbon footprint, evident from the 0.38 tonnes of carbon dioxide equivalent emitted per gold equivalent ounce.

Along with these remarkable strides, Fortuna continued to exhibit ethical, community-focused operations by maintaining clean records with zero cases of human rights violations or corruption incidents. The report emphasized on the transparency and stakeholder engagement to validate Fortuna’s commitment to creating lasting social and environmental impact beyond financial performance construction.