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 mining operations in both Peru and Argentina have a lower GHG emissions intensity compared to other gold and silver mines globally (2022: 1.81tCO2e/koz Ag eq; 0.13 tCO2e/oz Au eq). This is a result of our underground mining operations having lower emissions compared to open pit mines, utilizing low-carbon grid-based electricity, and prioritizing the use of renewable energy when available. For instance, we signed a new contract to source renewable energy for the Ares and Arcata mines in January 2022.

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.