Adaptable. Sustainable. Accountable
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Adaptable. Sustainable. Accountable. Sustainability Report 2020 Contents About This Report 1 Agnico Eagle At-a-Glance 2 A Message from Our CEO 4 A Message from Our Senior Vice-President 5 Our Approach 7 Our COVID-19 Response 9 Measuring Up: Our Performance, Objectives and Targets 12 Stakeholder Engagement 14 Sustainability Materiality Assessment 16 Governance 18 Health, Safety and Wellness 22 Hazard Identification and Risk Assessment 24 Crisis Management and Emergency Preparedness 24 Global Safety Performance 26 Health, Safety and Security Initiatives and Training 29 Mental Health and Wellness 29 Environmental Stewardship 30 Energy and Climate Change 32 Water Stewardship 38 Tailings and Waste Management 41 Environmental Compliance 42 Integrated Closure 43 Biodiversity 45 Our People 46 Our Workforce Demographic 48 Diversity and Inclusion 49 Engaging Our People 52 Maximizing Local Employment 53 Retaining, Training and Developing Our People 56 Employee Turnover 56 Our Communities 58 Community Engagement 60 Indigenous Relations 63 Tracking Community Feedback and Issues 64 Benefit Footprint 65 Agnico Eagle Global Performance Summary Data 68 Forward-Looking Statements IBC Introduction Health, Safety Environmental Our People Our Communities Performance and Wellness Stewardship Summary Data About This Report The 2020 Sustainable Development Report marks the Adaptable. Sustainable. Accountable. 12th year that Agnico Eagle Mines Limited (“Agnico Eagle” The theme of Agnico Eagle’s 2020 sustainability report or the “Company”) has produced a detailed account of our reflects our strategy of building a growing, high-quality, health, safety, environmental, and social performance. low risk, sustainable business even in unpredictable times. It is intended to provide a better understanding of how the We maintain the right mind-set to adapt to changing Company manages the challenges associated with health, circumstances and to remain resilient in the face of what safety, environment, and social risks. is unknown. We continue to integrate environmental, social, and economic considerations into our growth This report reflects our performance from January 1 to plans. We take responsibility for our actions in order to December 31, 2020 and has been prepared in accordance build trust and meet the evolving needs and expectations with the Global Reporting Initiative (GRI) Standards: Core of stakeholders. Options, with additional mining industry specific indicators from the Sustainability Accounting Standards Board (SASB) Metals and Mining disclosures and metrics. To facilitate assessment of our performance against these frameworks, we have highlighted the standards throughout our report and included references to the relevant content that can be found on our website. A five-year global performance summary of key indicators is included on page 68 of this report. Our 2020 GRI and SASB indexes and disclosures of performance indicators by operation can be found on our website. Our performance metrics do not include Canadian Malartic Mine (50% Agnico Eagle) unless specified otherwise. The Canadian Malartic Mine sustainability performance is published in a separate report that can be accessed at canadianmalartic.com. On February 2, 2021 Agnico Eagle acquired TMAC Resources and the Hope Bay Mine and Project. Hope Bay’s performance is not included in this report as it covers our performance during 2020. Unless otherwise specified, all funds are reported in USD and all information in this report is as of December 31, 2020. Some photos contained in this report were taken prior to the COVID-19 pandemic and any mandatory preventive and hygiene measures. Navigating the Report Contact Us Table of contents We invite your + Supporting content (external links) comments and questions about this MT Material Topics report. To learn more, please visit our website Navigate to a different section at agnicoeagle.com or send us an email at [email protected] Agnico Eagle Mines Limited 2020 Sustainability Report 1 Introduction Health, Safety Environmental Our People Our Communities Performance and Wellness Stewardship Summary Data Agnico Eagle At-a-Glance 1 Agnico Eagle has established 2 a valuable reputation for Baker Lake staying true to our mission, 3 faithfully executing our business strategy, and Canada for delivering measured responsible growth. 10 13 4 14 5 6 Thunder Bay 11 15 Ottawa Toronto Mining Operations 1. Hope Bay Mine and Project 2. Meadowbank Complex 3. Meliadine Mine Nunavut, Canada Nunavut, Canada Nunavut, Canada Underground mine Open pit mine and Underground mine in Nunavut Territory, underground development and open pit mine northern Canada project in Nunavut Territory, in Nunavut Territory, in northern Canada in northern Canada On February 2, 2021, Agnico Eagle completed 2020 payable production: 2020 payable production: the acquisition of TMAC. Hope Bay Property hosts 209,413 oz of gold 318,889 oz of gold three known deposits Mineral Reserves containing significant and Mineral mineral reserves and Resources mineral resources. For a detailed 4. LaRonde Complex 5. Goldex Mine 6. Canadian Malartic Mine description of the Quebec, Canada Quebec, Canada (50%) Underground mines in Underground mine in Company’s mineral Quebec, Canada Abitibi region, Quebec Abitibi region, Quebec Open pit mine and reserves and mineral developing the Odyssey resources, please 2020 payable production: 2020 payable production: underground project in see the Company’s 349,913 oz of gold 127,540 oz of gold Abitibi region news release dated February 11, 2021 at 2020 payable production: agnicoeagle.com. 284,317 oz of gold 7. Kittilä Mine 8. Pinos Altos Complex 9. La India Mine Lapland, Finland Chihuahua State, Mexico Sonora State, Mexico Underground mine, Open pit and underground Open pit mine with heap northern Finland mines with milling and leach operation in Mulatos heap leach operation in Gold Belt 2020 payable production: northern Mexico 208,125 oz of gold 2020 payable production: 2020 payable production: 84,974 oz of gold 153,397 oz of gold 2 Agnico Eagle Mines Limited 2020 Sustainability Report Introduction Health, Safety Environmental Our People Our Communities Performance and Wellness Stewardship Summary Data 7 60+ years in operation since 1957 Oulu Finland Helsinki 8 12 9 La Paz Mexico Mexico City Exploration Projects 10. Hammond Reef 11. Kirkland Lake 12. Santa Gertrudis Northwestern Ontario, Northeastern Ontario, Sonora, Mexico Canada Canada An historical heap A gold exploration The Kirkland Lake project leach operation that project where open pit covers approximately produced approximately mineral reserves and 27,312 hectares and mineral 565,000 ounces of gold mineral resources have reserves and mineral at a grade of 2.1 g/t gold been outlined. resources have been outlined from 1991 to 1994. on several properties. Closed Sites Offices 13. Lapa 14. Eagle & Telbel 15. Cobalt-Coleman Exploration Quebec, Canada Quebec, Canada Properties – Chihuahua & Hermosillo, Ontario, Canada Mexico Mining activities ceased Mining activities ceased in – Kittilä, Finland on December 31, 2018. 1993. Infrastructure areas Mining activities – Barsele, Sweden Closure and rehabilitation have been rehabilitated ceased in 1989; post- – Reno, USA activities are underway. and revegetated. Post- closure monitoring and – Val-d’Or, Canada closure monitoring and maintenance are carried maintenance activities are out. Updates of the closure Administration and carried out. The Company is plans were approved by Support Services also currently testing some government authorities – Chihuahua & Hermosillo, rehabilitation techniques to in 2020 and rehabilitation Mexico allow for more permanent work is ongoing. – Kuopio, Finland solutions to close the – Rouyn-Noranda, Preissac tailings storage facility. & Val-d’Or, Canada – Mirabel, Canada – Toronto, Canada Agnico Eagle Mines Limited 2020 Sustainability Report 3 Introduction Health, Safety Environmental Our People Our Communities Performance and Wellness Stewardship Summary Data A Message from Our CEO Sean Boyd Vice-chairman and Chief Executive Officer Agnico Eagle understands that Responsible management of this resource is essential everywhere, particularly in our industry, where we face environmental, social and governance scarcity of fresh water and abundance of water at the (ESG) considerations are not a burden same time. but an opportunity to drive improved We must respect our environmental and social commitments performance and deliver on our vision and continue to focus on building strong and mutually beneficial relationships with our many stakeholders. We to build a growing, high-quality, low understand that these relationships are fragile and we must risk, sustainable business. continuously earn the trust of our stakeholders and the broader environmental community. Throughout this report, you will read a detailed We must fully engage our workforce, giving our people account of our 2020 performance and the near-term the right opportunities to achieve their full potential. opportunities, challenges and risks associated with our We must maintain our culture and focus, and increase our business. But in order to maintain Agnico Eagle’s social inclusivity, to remain a leading employer thriving through license to operate, we must look well into the future to societal changes and risks. improve the sustainability of our business – proactively Sustainability is a mindset and we see it as an opportunity managing our long-term opportunities, challenges and to do