TC’s ESG Commitment
TC’s ESG Commitment: Sustainable Gold Mining with a Focus on People, Planet, and Progress
Gold mining companies increasingly incorporate Environmental, Social, and Governance (ESG) principles into their operations. This integration aims to reduce environmental impacts, promote community development, and ensure transparent governance. The shift responds to growing pressures from investors, regulators, and consumers concerned about the industry’s ecological footprint and ethical practices.
Environmental Initiatives: TC is making significant investments in technologies designed to minimize water usage, lower carbon emissions, and rehabilitate mining sites after extraction. The company is transitioning from diesel-powered generators to renewable energy sources such as solar and wind, which will help reduce greenhouse gas emissions. Additionally, TC is implementing strict waste management practices to mitigate contamination risks to local ecosystems.
Social Responsibility: TC is actively collaborating with local communities to provide employment, infrastructure, and educational opportunities. Building positive relationships is essential for maintaining the social license to operate, especially in Perú, where local farming communities own the land surface. This commitment includes fair labor practices and respect for Indigenous rights, monitored by third-party auditors.
Governance Improvements: The company has strengthened anti-corruption measures, improved transparency in reporting, and enforced stricter adherence to ethical supply chain standards. TC publishes annual sustainability reports to communicate its ESG progress, attracting socially conscious investors. These efforts contribute to shaping a more sustainable and responsible future for gold mining.