Corporate Responsibility Report 2017 KINROSS 2017 Corporate Responsibility Report 2017 Corporate Responsibility Report Main Sections Message Performance Our Approach to from Highlights Managing Corporate the CEO Responsibility 03 05 12 Putting People Generating Engaging First – Health Socio-Economic Our and Safety Value Workforce 30 39 47 Empowering Managing Our 2017 CR Local Environmental Data Tables Communities Footprint 60 105 132 This report chronicles our progress over the past two years in delivering on our commitment to responsible mining. Our goal is to provide a transparent account of our impacts, our performance, and our relationships with the communities where we work, our employees and contractors, host governments, and non-proft and non-governmental organizations. This report includes our 2017 Performance Highlights, 2017 CR Data Tables, 2017 Communication on Progress and our GRI Index. 25 years of responsible mining. 2018 marks our 25th year. To learn more about our history, visit our 25th anniversary microsite at 25anniversary.kinross.com. Celebrating Kinross Gold’s 25th Anniversary 25 years of Delivering Value All dollar amounts shown in U.S. dollars unless otherwise noted. KINROSS 2017 Corporate Responsibility Report Contents 02 60 Kinross Gold Profle Empowering Local Communities 03 61 Our Strategy for Empowering Local Communities Message from the Chief Executive Offcer 64 Site Responsibility Plans 66 Community Planning for Mine Closure 07 68 Key Stakeholder Issues About this Report 77 Working with Indigenous Peoples 09 83 Community and Social Development Materiality 84 Kinross Community Focus 84 Americas 12 97 Russia Our Approach to Managing 99 West Africa Corporate Responsibility 104 Engaging on Public Policy 13 Our Corporate Responsibility Vision 13 Our Corporate Responsibility Strategy 105 Managing Our Environmental Footprint 13 Guiding Principles for Corporate Responsibility 15 Advancing the Sustainable Development Goals 106 Our Strategy for Environmental Stewardship 17 Ethical Business Conduct 108 Environmental Compliance 19 Human Rights 108 Spills and Releases 21 Security and Human Rights 109 Water Management 21 Human Rights Due Diligence 112 Materials Use 22 Managing Our Supply Chain 113 Air Emissions 24 Managing Risks 114 Energy and Climate Change 26 Corporate Responsibility Management System 117 Climate Change Risks and Opportunities 29 Corporate Responsibility Governance and 118 Waste Management Organizational Structure 121 Biodiversity 126 Reclamation and Closure 30 Putting People First – Health and Safety 130 Voluntary Commitments and Memberships 31 Health and Safety 36 Health and Wellness 131 39 Awards and Recognitions Generating Socio-Economic Value 132 40 Our Strategy for Value Distribution 2017 CR DataTables 40 Measuring our Beneft Footprint 146 42 Local Employment Glossary 42 Local Procurement 46 Tax Transparency IBC Contact Information 47 Engaging our Workforce Cautionary Statement 50 Workforce Metrics 52 Diversity 54 Employee Development 56 Managing Kinross Talent 58 Compensation 58 Labour Rights 01 KINROSS 2017 Corporate Responsibility Report Kinross Gold Profle Founded in 1993, Kinross Gold Corporation is a senior gold mining company with a diverse portfolio of mines and projects in the United States, Brazil, Chile, Ghana, Mauritania, and Russia. Kinross produces gold in the form of doré that is shipped to refneries for fnal processing. Headquartered in Toronto, Canada, Kinross has approximately 8,850 employees worldwide. The Company is focused on delivering value through operational excellence, balance sheet strength, disciplined growth, and responsible mining. 2017 million $3.3 billion 8,849 $4.6 billion $5.4 billion 2.67 Au eq. oz. REVENUE EMPLOYEES TOTAL EQUITY TOTAL MARKET PRODUCTION WORLDWIDE CAPITALIZATION Operating mine Organic development projects Dvoinoye Fort Knox Kupol Kettle River-Buckhorn Toronto Bald Mountain Round Mountain Tasiast Our operating mines are located across 3 regions – Americas, Russia and West Africa Chirano Paracatu La Coipa TSX: K Toronto Stock Exchange 2017 Gold Production by Region New York Stock Exchange (Au eq. oz.) NYSE: KGC Kinross Gold is a publicly traded company listed 464,664 on the Toronto and the New York stock exchanges. 1,628,418 2.67 (Au eq. oz.) 580,451 Americas (61%) Russia (22%) West Africa (17%) For more information about Kinross’ operational and fnancial performance, see our 2017 Annual Report. 02 KINROSS 2017 Corporate Responsibility Report CEO Message Message from the Chief Executive Offcer This Corporate Responsibility report engagement and reclamation. In marks the 10th anniversary of our its simplest terms our approach is formal CR reporting program, and distilled into four main areas: it is being published as Kinross celebrates its 25th anniversary. • Being protective of our environment During the past 25 years, we have – we have to manage our grown from a small gold producer operations in a way that protects with annual gold production of our workforce, the environment, 83,000 gold equivalent ounces and our host communities from to a global senior gold producer negative impacts with approximately 2.5 million Au eq. oz. in annual production. We • Making a Positive Contribution have also evolved our Corporate – we go beyond avoiding Responsibility programs during negative impacts and also make a this time and I am proud of the positive contribution by creating successes that we have achieved. opportunities for meaningful livelihoods for our employees, J. Paul Rollinson At the heart of our success is opportunities for our suppliers, and our people, and our four core improvements in our communities President and Chief Executive Offcer values: Putting People First; • Acting ethically and transparently High Performance Culture; – as important as what we do Rigorous Financial Discipline; and Safety section of this report, we are is how we do it – ethically, with Outstanding Corporate Citizenship. taking steps to leverage the success respect for human rights, and in These core values provide a in reducing injury frequency rates to engagement with stakeholders common ground for everything we prevent serious injuries and fatalities from happening. do, and help us harness the breadth • Continuous Improvement – we of cultures, traditions and viewpoints strive to continuously improve of our diverse global workforce. In other areas of performance, this our approach to corporate report documents a wide range of responsibility I’m proud to work for Kinross, and success stories in all aspects of our of our accomplishments – not only Looking back on our performance Corporate Responsibility programs. in terms of our operational and over the two years, safety, as always, I would highlight a few examples: fnancial performance, but also in remains our top priority. While we terms of the livelihoods we create have achieved some of the lowest • Our partnership at our Mineral and the benefts we are able to injury frequency rates we have Hill reclamation site with Trout generate in host countries and ever had as a company, it was Unlimited and the Rocky communities where our operations overshadowed by the fatality of one Mountain Elk Foundation stands are located. of our employees at our Kupol mine apart as a leading example in November 2017. This was the of Kinross’ commitment to It takes a lot of effort and frst employee fatality since 2012 at achieve positive benefts for the focus to achieve these results, one of our mine sites – and it drives environment and local community and this report documents in home the importance of always by protecting an important comprehensive detail our approach keeping safety as our frst priority. fsh and wildlife habitat near and performance on a wide range We value the health and safety of our Yellowstone National Park of material issues, from ethics employees above all other priorities, Watch the video. to supply chain, to employee and, as described in the Health and 03 KINROSS 2017 Corporate Responsibility Report CEO Message • In Paracatu, we work closely with indigenous culture. In Russia, we we have articulated eight People non-governmental organizations are supporting programs directed Commitments to strengthen and (NGOs) and local farmers to to indigenous youth living in the evolve our Company’s culture. improve water conservation, far northeast which are opening delivering cleaner water and up new career opportunities and I am confdent that the exceptional greater stream fow rates, enabling young people to stay people we have at Kinross will enabling irrigation and providing and thrive in the region continue to achieve strong results more water for local households Watch the video. in our Corporate Responsibility Watch the video. programs and that we will continue We also recognize that we face to manage and address new • In Mauritania, our Tasiast mine challenges as a normal part of issues that will inevitably arise by is a leading example of how our business, and we are working remaining true to our core values. Kinross is contributing positively to manage them. This includes to improved well-being and managing ongoing issues As always, I am deeply grateful to prosperity in host communities pertaining to water availability in the communities where we operate through our beneft footprint. Brazil and Chile, and stakeholder for their continuing co-operation, Our studies show signifcant expectations in Mauritania. We partnership and support. I pledge positive changes in a wide range strive to continuously improve