Goldcorp 2016 Sustainability Report

2016 SUSTAINABILITY REPORT RESPONSIBLE MINING TABLE OF CONTENTS ABOUT US 3 SAFETY AND HEALTH 111 Message from the CEO 4 Management Approach 112 Key Performance Goals 5 Safety Leadership and Accountability 117 Map of Projects and Operations 8 Injury and Illness Performance Metrics 120 Our Company 9 Occupational Health and Wellness 121 Our Vision and Values 11 Safety and Health Case Studies 123 Our Corporate Governance 13 Supply Chain Management 17 ENVIRONMENTAL STEWARDSHIP 127 Commitment to External Initiatives 18 Management Approach 128 Materials 131 ABOUT THIS REPORT 19 Climate Change Risks and Opportunities 133 Scope and Content 19 Water Management 138 Boundary and Limitations 20 Waste and Hazardous Assurance 21 Materials Management 141 Biodiversity Management 144 OUR PRIORITIES 22 Environmental Compliance 146 Materiality Analysis 22 Transportation 147 Methodology 24 Environmental Stewardship Case Studies 148 Top Material Topics 26 Materiality Matrix 27 MINE CLOSURE 151 Goldcorp and the SDGs 34 Management Approach 152 Objectives and Initiatives 156 STRATEGY AND GOVERNANCE 37 Mine Closure Case Studies 158 Management Approach 38 Governance and Accountability 41 ADDRESSING OUR CHALLENGES 161 Executive Compensation 44 Business Ethics and Compliance 45 GRI INDEX 164 Public Policy Advocacy 50 Contributions to Political Parties 51 GLOSSARY 176 Enterprise Risk Management 52 Strategy and Governance Case Studies 55 CONTACT US 181 COMMUNITIES 58 Management Approach 59 Sustainable Benefits for Communities 63 Stakeholder Engagement 69 Human Rights 79 Communities Case Studies 89 OUR PEOPLE 94 Management Approach 95 Our Workforce 98 Employee Recruitment and Development 99 Diversity and Inclusion 103 Labour and Management Relations 107 Our People Case Studies 108 2016 SUSTAINABILITY REPORT GOLDCORP 2 ABOUT US Goldcorp is a leading gold producer focused on responsible mining practices with safe, low-cost production throughout the Americas. We believe our portfolio of long-lived, high- quality assets positions our company to deliver long-term value. At Goldcorp, sustainable and responsible mining is a company-wide commitment rooted in our values as an organization. We are committed to creating social and economic benefits for all of our stakeholders, at every phase of the mining lifecycle, from early exploration, through to the mine’s eventual closure and reclamation. We believe in safe production, acting ethically, respecting all our stakeholders, open communication, empowering others and innovation. We are committed to being responsible stewards of the environment and complying with the highest applicable health and safety standards. These are core values and strengths that guide our decision-making, everywhere we do business. We call our approach to doing business Together, Creating Sustainable Value. 2016 SUSTAINABILITY REPORT GOLDCORP 3 ABOUT US MESSAGE FROM THE CEO While accolades are not our objective, we were pleased to Welcome to Goldcorp’s 2016 Sustainability Report, our see our external reporting eleventh Sustainability Report. In 2016, despite a volatile recognized in a number of year for the precious metals industry, we strongly reasserted awards this year, one from the our dedication to our vision of Together, Creating Finance and Sustainability Sustainable Value. Initiative and two from the Chartered Professional In the face of continued market volatility, we adopted Accountants of Canada. Our important optimization measures throughout the organization. commitment to indigenous As we undertook these changes, our commitment to relations was also sustainability was not compromised; it was strengthened. acknowledged with a Change We continued improving and implementing our Sustainability Maker award at this year’s Excellence Management System (SEMS) across our Indigenous Works Workplace Inclusion Leadership Awards. operations. We made real progress on water conservation and We will continue to invest in improving our community announced a transformative strategy, called Towards Zero relationships and increasing our transparency in reporting. Water, for drastically reducing fresh water use. We flattened organizational hierarchy and empowered our mine The most far-reaching announcement of the year was the management teams across our sites, a move that strengthens launch of our Towards Zero Water initiative. This represents a the sustainability of our operations and makes local mine company-wide commitment and a complete re-visioning of management responsible for nearly all key decisions that how we use water in mining. With today’s technology, 100% affect communities, from hiring to expansion plans. recycling and re-use of water is not possible in high-volume mining operations, but we are dedicating considerable Throughout the extractive industry, sustainability has become scientific resources to the challenge of steadily reducing our an essential component of doing business. Safe, sustainable water consumption toward that goal. This is a daunting practices are a requirement, from environmental policies to challenge and a strong message to send to our communities workplace safety to proactive and inclusive stakeholder and our peers. Improved stewardship of water resources will engagement. Our commitment to sustainability begins when give us a competitive advantage, socially, practically and the first exploration teams take the time and care to consult economically – and it’s simply the right thing to do. with communities and establish a spirit of openness, transparency and trust. An excellent example is the work done In closing, I want to express my gratitude to the people of by Kaminak Gold at the Coffee project, a new development Goldcorp and the Board, as they have stood with us through property that we recently acquired in Canada’s Yukon. In the a year of change. I know I can count on everyone’s talent and decision to acquire the project, we put serious weight to the dedication as we build a lean, agile Goldcorp that delivers relationships that Kaminak had established with government, long-term sustainable value to all of our stakeholders. In 2017 communities and First Nations groups. They set the and beyond, we will remain committed to health and safety, groundwork that we can carry forward, in a spirit of social and environmental stewardship, and advancing community engagement, openness and transparency, all of Towards Zero Water. Collectively, we continue to strive to which are increasingly important to us and key to the way achieve our vision of Together, Creating Sustainable Value. we do business. I regret to report a fatality in April at the Marlin mine, a tragedy that overshadowed the overall improvement in our safety statistics. We responded with a thorough review and implemented corrective actions across all of our operations. David Garofalo Ensuring Goldcorp is “Safe Enough for Our Families” will continue to be our number one commitment. President and Chief Executive Officer Goldcorp Inc. We are an active member and contributor to national and international organizations that work to improve sustainability in mining. We apply the International Council on Mining and Metals’ Sustainable Development Framework as well as the principles of the United Nations Global Compact. This year we signed on to the UN’s Voluntary Principles on Security and Human Rights and have started to implement its principles throughout our operations. 2016 SUSTAINABILITY REPORT GOLDCORP 4 ABOUT US KEY PERFORMANCE GOALS The following table highlights the progress we made in 2016 towards our short-term sustainability goals. As we strive for continuous improvement, we recognize the importance of setting long-term objectives, with observable and measurable results, that can help us improve our financial and sustainability performance. As a result, we are currently reviewing our sustainability strategy with the intent of identifying and formulating multi-year objectives that are credible, measurable, and aligned with our internal and external business drivers. For more information about our corporate annual objectives, please refer to our Corporate Scorecard in our annual Management Information Circular. LEGEND Goal met Goal partially met Goal not met GOALS 2016 PERFORMANCE DESCRIPTION MOVING FORWARD Strategy and Governance Diversify our Surpassed the targets set by the Catalyst Accord Continue our efforts to diversify our management and (25% of board seats to be held by women by management and governance bodies. governance bodies. 2017) and the 30% Club Canada (30% of board seats to be held by women by 2019). Our entire management team in both Canada and Latin America, including Mine General Managers, participated in Unconscious Bias training, which raised awareness of unconscious and conscious bias in the workplace, and provided strategies for disrupting and overcoming it. Enhance sustainability Completed SEMS audits at four operating sites Continue our internal assurance performance through and established metrics for SEMS performance process to consistently apply SEMS implementation of measurement and reporting. We also rolled out across all sites. systems for SEMS a company-wide training course that built performance awareness of SEMS standards and how to apply measurement, them on the job. compliance assurance and risk management. Implement and pilot a Revised and began piloting our integrated risk Implement our centralized risk risk management framework and conducted several risk management tool to contain site governance framework workshops

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