Kinross Gold

Stakeholder engagement
The company discloses how often and through which channels it engages with various stakeholder groups.

Key areas and species
The company reports the number of 2021 IUCN Red-Listed Species by level of extinction risk in or adjacent to the locations of its suppliers.

Solid and air pollution
The company discloses the proportion of hazardous waste treated to reduce pollution compared to total waste, the hazardous waste diverted from disposal and the waste directed to disposal.

Indigenous peoples’ and land rights
Kinross Gold is committed to respecting Indigenous Peoples’ rights. The company discloses its processes for identifying and recognising the rights of Indigenous Peoples when activities in its own operations may impact their rights, and it describes how it obtains Indigenous Peoples’ free, prior and informed consent.

Sustainability strategy and accountability
Whilst the company discloses its process for identifying its most relevant sustainability topics and impacts, it has an opportunity to describe the outcome of this process, in relation to its sustainability strategy. The company does not disclose group-wide targets on key sustainability topics for the most material parts of its value chain. The company does not report consistently against all its targets. No evidence was found that the company links performance criteria in senior executives’ remuneration policies to targets and objectives which cover nature, including biodiversity, and social issues. The company does not disclose whether its highest governance body has expertise regarding nature-related topics.

Stakeholder engagement
The company discloses an overview of the issues raised during its stakeholder engagement activities.

Lobbying
The company discloses a list of trade associations of which it is a member wherever it operates. The company does not disclose a clear and detailed framework for assessing alignment of its trade associations with nature-positive policies. The company does not report (potential) misalignment between the lobbying activities of its trade associations and nature-positive policies.

Impact and dependencies assessment
The company has not holistically assessed its impacts or how it depends on nature, including biodiversity. It has an opportunity to start such an assessment across its value chains, focused on quantification of its impacts or dependencies.

Key areas and species
The company discloses the locations that are in or adjacent to areas important for biodiversity within its own operations. The company has 4 sites that contain or are adjacent to areas of important global/national biodiversity (63.084 ha). The company does not disclose the locations of its suppliers that are in or adjacent to areas important for biodiversity. The company does not disclose species populations existing in or adjacent to its own locations. The company discloses the status according to national and international conservation lists of species identified in its own locations.

Ecosystem conversion and restoration
No evidence was found regarding the company’s efforts to avoid ecosystem conversion, including deforestation, or promote restoration. The company has an opportunity to develop a strategy and publicly report on specific, time-bound targets.

Resource exploitation and circularity
No evidence was found regarding the company’s efforts to work towards a circular economy or which organisms it exploits. The company has an opportunity to develop a strategy and publicly report on specific, time-bound targets. The company does not disclose efforts to improve soil health.

Water
The company discloses an increase in water withdrawal from 2020-2021, from 92.339.784 to 92.923.717 m3. The company does not disclose a time-bound target to reduce water withdrawal across its own operations. The company reports that the percentage of water it withdraws from areas of water stress is 3%, and percentage of water consumed from areas of water stress is 4.5%. The company does not engage with suppliers to reduce water withdrawal. The company does not report a decrease in water pollution. The company does not disclose its processes for managing and monitoring discharge water quality. The company does not regularly report on water pollution. The company does not disclose targets to reduce water pollution. The company does not disclose a commitment to respect the right to water. The company does not disclose its processes for implementing preventive and corrective action plans for identified specific risks to the right to water and sanitation in its own operations.

Solid and air pollution
In 2021, the total hazardous waste generated by the company declined 12% from 2020 levels. No evidence that the company reduces plastic use and waste in its own operations was found. The company does not report on the amount of plastic waste generated and proportions directed from or to disposal. The company reports regularly on air quality parameters of emissions of harmful air pollutants. The company does not report time-bound targets to reduce air pollutants across the most material parts of its value chain.

GHG emissions
No evidence that the company reduces its scope 1 and 2 greenhouse gas emissions was found. Furthermore, the company does not disclose a time-bound target to reduce its scope 1 and 2 emissions. The company reports a reduction in its scope 3 emissions (1,000 tonnes CO2e), from 123 in 2020 to 112 in 2021. However, it does not disclose a time-bound target to reduce its scope 3 emissions.

Invasive species
The company has not identified any activities that could lead to the introduction of invasive alien species in its own operations.

Safe, healthy, clean environment
The company does not disclose a commitment to respecting local communities’ right to a safe, clean, healthy and sustainable environment or to zero tolerance for acts of violence, threats, intimidation or judicial harassment committed against land and environmental rights defenders.

Indigenous peoples’ and land rights
The company does not disclose a commitment to respect ownership and use of land and natural resources and related legitimate tenure rights, as set out in the relevant part(s) of the VGGTs or the IFC Performance Standards. No evidence was found that the company requires its business relationships to have a process to identify legitimate tenure rightsholders, paying particular attention to vulnerable or marginalised tenure rightsholders, and to negotiate with them to provide adequate compensation.

The company describes the process for identifying its human rights risks and impacts in specific locations or activities covering its own operations. No evidence that the company describes its process for assessing its human rights risks and discloses what it considers to be its salient human rights issues was found. While the company discloses that it conducts routine human rights risk assessments and that it remediates in locations with the highest risk, no evidence was found that it has a global system to act on all its salient human rights issues. The company provides a case study describing how it has acted on a salient human rights risk issue. While the company discloses the categories of stakeholders it engages with generally on sustainability issues, it is not clear if these stakeholders are those whose human rights have been or may be affected by its activities. The company engages with stakeholders whose human rights have been or may be affected by its activities.

There is no evidence that the company has a publicly available policy statement committing it to respect the health and safety of workers. The company discloses a time-bound target for paying all workers a living wage/ that it has achieved paying all workers a living wage. No evidence that the company describes how it determines a living wage for the regions where it operates was found. No evidence that the company describes how it works to support the payment of a living wage by its suppliers was found. The company discloses the proportion of its total direct operations workforce covered by collective bargaining agreements. While the company states that it encourages its suppliers to respect employees’ right to freedom of association and the right to collective bargaining, it has an opportunity to describe how it works to support the practices of its suppliers in relation to those.

While the company has a publicly available tax strategy in its tax transparency report, there is no evidence this strategy is found in a formal document, approved by the highest governance body. No evidence that the company describes the process for identifying its bribery and corruption risks and impacts in specific locations or activities covering its own operations was found. The company includes anti-bribery and anti-corruption clauses in its contracts with direct business relationships. In a public policy statement, the company discloses its approach to lobbying and political engagement. The company discloses that it discourages political donations and makes limited political donations as permitted by applicable law, however, the company does not provide a publicly available policy statement that specifies that it does not make political contributions.