TSX: G NYSE:
GG
VANCOUVER, June 5, 2015 /CNW/ - GOLDCORP INC.
(TSX: G, NYSE: GG) has been named one of Canada's 50 Most Socially Responsible
Corporations by Sustainalytics, an independent provider of
environmental, social and governance (ESG) research to
institutional investors and financial institutions around the
world. The annual list recognizes companies with an outstanding
commitment to social and environmental responsibility.
"Operating in a transparent and socially responsible manner is a
commitment that is absolutely fundamental to the way we do
business," said Chuck Jeannes,
Goldcorp's President and CEO. "We're proud of the strides we've
made incorporating best practices into everything from land
reclamation to ensuring we hire local workers and source from local
suppliers where possible. We believe that every community we
work with should prosper. This acknowledgment from Sustainalytics
validates the work we're doing."
Goldcorp has invested significantly in the development of
policies and programs that lead the industry in areas such as
workplace safety, diversity, community development, education and
support for non-profits. Among the key initiatives and
accomplishments:
- The Six Pillar Strategy puts people, safety and sustainability
at the core of Goldcorp operations;
- Goldcorp's Sustainability Excellence Management System is a
framework and set of standards that incorporate best-in-class
environmental, safety, social and human rights practices;
- As a signatory to the Catalyst Accord, Goldcorp is the first
mining company to commit to increasing the representation of women
on its Board to 25% by 2017. The company's gender diversity
policies were also recognized recently with the YWCA Metro
Vancouver Women of Distinction Award for Outstanding Workplace;
- Goldcorp has collaboration agreements in place with all of the
First Nations which assert Aboriginal and treaty rights in the
vicinity of its Canadian mines. The agreements include commitments
to skills training, employment, opportunities for business
development and contracting, and a framework for issues resolution,
regulatory permitting and Goldcorp's future financial
contributions.
- Goldcorp's annual Day of Remembrance – an event unique in the
industry – enables employees to focus on identifying risks and
making operations safer. Each office, operation and project across
Goldcorp's entire business (throughout North and South America) halts all activities, including
production, on this day every year to focus on safety.
- The company's Tailings Stewardship Strategy ensures best
practices are implemented for proper construction, operation,
maintenance, monitoring and, ultimately, closure of Goldcorp's
tailings storage facilities.
- In 2014, Goldcorp paid approximately $62
million in community contributions through community
investments, donations, sponsorships, trusts, infrastructure
investments and collaborative agreements.
"This achievement is consistent with our assessment of Goldcorp.
NEI Ethical Funds engaged intensively with Goldcorp when the
company agreed to conduct a human rights assessment for the Marlin
mine at Guatemala," said
Bob Walker, Vice President Ethical
Funds and ESG Services for NEI Investments. "We recognize
that assessment as the most robust and transparent ever published,
setting the bar for the extractives industry, and a new standard of
corporate responsibility – a standard this company is managing to
attain."
Over the years, Goldcorp has also been recognized for its
achievements in corporate social responsibility and sustainability
by NASDAQ, Dow Jones, Randstad, YWCA, Mexican Centre for
Philanthropy and Alliance for Corporate Social Responsibility and
the Canadian Land Reclamation Association. In 2014, Goldcorp was
awarded the Excellence in Corporate Reporting Award from Chartered
Professional Accountants (CPA) Canada in recognition of the company's
electronic disclosure practices and received an award for the best
corporate sustainability report in 2014 from the Finance and
Sustainability Initiative.
A member of the International Council on Mining and Metals,
Goldcorp publishes an Annual Sustainability Report in accordance
with its commitments under the United Nations' Global Compact and
in alignment with Global Reporting Initiative (GRI) guidelines.
The 50 Most Socially Responsible Corporations list will be
published in upcoming editions of Maclean's and L'Actualité
magazines.
About Goldcorp
Goldcorp is one of the world's fastest growing gold
producers. Its low-cost gold production is located in stable
jurisdictions in the Americas and remains 100% unhedged.
Cautionary Note Regarding Forward Looking Statements
This press release contains "forward-looking statements", within
the meaning of the United States Private Securities Litigation
Reform Act of 1995 Section 21E of the United States Securities
Exchange Act of 1934, as amended, Section 27A of the United States
Securities Act of 1933, as amended and applicable Canadian
securities legislation, concerning the business, operations and
financial performance and condition of Goldcorp Inc. ("Goldcorp").
Forward-looking statements include, but are not limited to,
statements with respect to the future price of gold, silver,
copper, lead and zinc, the estimation of mineral reserves and
resources, the realization of mineral reserve estimates, the timing
and amount of estimated future production, costs of production,
capital expenditures, costs and timing of the development of new
deposits, success of exploration activities, permitting time lines,
hedging practices, currency exchange rate fluctuations,
requirements for additional capital, government regulation of
mining operations, environmental risks, unanticipated reclamation
expenses, timing and possible outcome of pending litigation, title
disputes or claims and limitations on insurance coverage.
Generally, these forward-looking statements can be identified by
the use of forward-looking terminology such as "plans", "expects",
"is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates", "believes" or variations of
such words and phrases or statements that certain actions, events
or results "may", "could", "would", "might" or "will be taken",
"occur" or "be achieved" or the negative connotation
thereof.
Forward-looking statements are made based upon certain
assumptions and other important factors that, if untrue, could
cause the actual results, performances or achievements of Goldcorp
to be materially different from future results, performances or
achievements expressed or implied by such statements. Such
statements and information are based on numerous assumptions
regarding present and future business strategies and the
environment in which Goldcorp will operate in the future, including
the price of gold, anticipated costs and ability to achieve goals.
Certain important factors that could cause actual results,
performances or achievements to differ materially from those in the
forward-looking statements include, among others, gold price
volatility, discrepancies between actual and estimated production,
mineral reserves and resources and metallurgical recoveries, mining
operational and development risks, litigation risks, regulatory
restrictions (including environmental regulatory restrictions and
liability), activities by governmental authorities (including
changes in taxation), currency fluctuations, the speculative nature
of gold exploration, the global economic climate, dilution, share
price volatility, competition, loss of key employees, additional
funding requirements and defective title to mineral claims or
property. Although Goldcorp has attempted to identify
important factors that could cause actual actions, events or
results to differ materially from those described in
forward-looking statements, there may be other factors that cause
actions, events or results not to be as anticipated, estimated or
intended.
Forward-looking statements are subject to known and unknown
risks, uncertainties and other important factors that may cause the
actual results, level of activity, performance or achievements of
Goldcorp to be materially different from those expressed or implied
by such forward-looking statements, including but not limited to:
risks related to the integration of acquisitions; risks related to
international operations, including economic and political
instability in foreign jurisdictions in which Goldcorp operates;
risks related to current global financial conditions; risks related
to joint venture operations; actual results of current exploration
activities; environmental risks; future prices of gold, silver,
copper, lead and zinc; possible variations in ore reserves, grade
or recovery rates; mine development and operating risks; accidents,
labour disputes and other risks of the mining industry; delays in
obtaining governmental approvals or financing or in the completion
of development or construction activities; risks related to
indebtedness and the service of such indebtedness, as well as those
factors discussed in the section entitled "Description of the
Business – Risk Factors" in Goldcorp's annual information form for
the year ended December 31, 2014
available at www.sedar.com. Although Goldcorp has attempted
to identify important factors that could cause actual results to
differ materially from those contained in forward-looking
statements, there may be other factors that cause results not to be
as anticipated, estimated or intended. There can be no
assurance that such statements will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should
not place undue reliance on forward-looking statements.
Forward-looking statements are made as of the date hereof and
accordingly are subject to change after such date. Except as
otherwise indicated by Goldcorp, these statements do not reflect
the potential impact of any non-recurring or other special items or
of any dispositions, monetizations, mergers, acquisitions, other
business combinations or other transactions that may be announced
or that may occur after the date hereof. Forward-looking
statements are provided for the purpose of providing information
about management's current expectations and plans and allowing
investors and others to get a better understanding of our operating
environment. Goldcorp does not undertake to update any
forward-looking statements that are included in this document,
except in accordance with applicable securities laws.
SOURCE Goldcorp Inc.