Hecla Mining Company Releases 2020 Sustainability Report
May 13 2021 - 6:33PM
Business Wire
Hecla Mining Company (NYSE:HL) today released its 2020
Sustainability Report, which comprehensively assembles the
Company’s environmental, social and governance (ESG) goals,
performance, and focus areas.
“The theme and title of this year’s report are Small Footprint,
Large Benefit,” said Hecla President and Chief Executive Officer
Phillips S. Baker, Jr. “Because our operations are low tonnage and
mostly underground, they directly affect less than 3,900 acres,
less than just one operation at many other mining companies. Yet we
continually take steps to reduce our environmental footprint while
providing long-term economic and social support to the communities
where we operate.”
Hecla’s 2020 ESG Highlights:
- Achieving a 36% reduction in greenhouse gas (GHG) emissions
from 2019
- Attaining more than our multi-year 5% energy reduction goal—76%
of our line power was from hydropower
- Mobilizing and organizing operations to protect the health and
safety of our workforce even before COVID-19 was deemed a pandemic,
and helping address community needs, including food, supplies, and
financial assistance
- Reducing our 2020 All-Injury Frequency Rate by 24% to 1.22—an
80% reduction since 2012
- Completing reclamation of the 300-acre Troy Tailings Storage
Facility. As a result, the State of Montana reduced the required
financial assurance by nearly $8 million
- Approving and publishing a human rights policy statement that
codifies our commitment to respecting human rights
- Increasing diversity with a new director with risk management,
ESG and mining expertise
- Signing a Cooperation Agreement between Hecla Quebec and the
Council of the Abitibiwinni First Nation (CAFN) that ensures
employment and business opportunities for CAFN
For the third year, Hecla benchmarked its performance against
the Sustainability Accounting Standards Board (SASB) Metals and
Mining framework. The SASB metrics are included in our
sustainability report and on www.hecla-mining.com. This is also the first year
that Hecla reported against relevant aspects of the Task Force on
Climate-Related Financial Disclosures (TCFD).
Annual Meeting of Shareholders
For health and safety reasons due to COVID-19, Hecla’s Annual
Meeting of Shareholders will be a virtual meeting and conducted via
live webcast on Wednesday, May 19, 2021, at 1:00 p.m. ET.
Shareholders and guests may access the webcast on Hecla’s website
at www.virtualshareholdersmeeting.com/HL2021. During the meeting,
Mr. Baker will highlight the Company’s Sustainability report and
answer questions.
ABOUT HECLA
Founded in 1891, Hecla Mining Company (NYSE:HL) is the largest
silver producer in the United States. In addition to operating
mines in Alaska, Idaho and Quebec, Canada, the Company owns a
number of exploration properties and pre-development projects in
world-class silver and gold mining districts throughout North
America.
Category: Press Release
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Jeanne DuPont Senior Communications Coordinator
800-HECLA91 (800-432-5291) Investor Relations Email:
hmc-info@hecla-mining.com Website: www.hecla-mining.com
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