1. OceanaGold published its annual Sustainability Report for 2024. 2. The company maintained an 'AA' rating from MSCI and progressed on sustainability strategies. 3. Employee engagement scores reached 80%, exceeding industry benchmarks. 4. No material environmental incidents reported; over 100ha of land rehabilitated. 5. Significant investment in local communities of over $193 million.
Sustainability progress can enhance OCANF’s brand and investor confidence, similar to positive trends in ESG-focused companies leading to stock price increases in the past.
Commitment to sustainability and community engagement can improve investor sentiment, likely increasing OCANF’s attractiveness in a competitive market focused on ESG factors.
Sustainable practices may yield long-term benefits, improving operational resilience and shareholder value over time, as seen with other mining companies emphasizing ESG commitments.
/PRNewswire/ - OceanaGold Corporation (TSX: OGC) (OTCQX: OCANF) ("OceanaGold" or the "Company") is pleased to publish its annual Sustainability Report and related documents for the year ended December 31, 2024.
Gerard Bond, President and CEO of OceanaGold, said "We made good progress on our sustainability commitments in 2024, consistent with our Purpose of mining gold for a better future. Operating safely and responsibly is a strategic imperative for OceanaGold, as we know that a comprehensive, integrated and company-wide approach to sustainability is fundamental to creating and protecting value for all our stakeholders."
Megan Saussey, Chief Sustainability Officer of OceanaGold, said "2024 was a year of implementation of our updated three-year Sustainability Strategy, with a focus on strengthening our core responsible business practices and maintaining consistent performance across the business."
Links to OceanaGold's Sustainability-related Reports
OceanaGold is a growing intermediate gold and copper producer committed to safely and responsibly maximizing the generation of Free Cash Flow from our operations and delivering strong returns for our shareholders. We have a portfolio of four operating mines: the Haile Gold Mine in the United States of America; Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand.
SOURCE OceanaGold Corporation