About
Pan American Silver provides enhanced exposure to silver through large silver reserves and catalysts to grow silver production.
Management Approach to ESG
We operate ethically and apply sustainable business practices throughout the mining lifecycle with the objective of creating value for our Communities of Interest (COIs).
Human Rights
At Pan American Silver, respect for human rights has guided our relationships with our COIs, especially local communities, throughout our history of operating in the Americas.
Policies & Commitments
Pan American Silver has adopted policies, standards, and guidelines that articulate the way our directors, officers and employees are expected to behave and guide our business.
2023 Highlights
Zero
Significant Environmental Incidents
1297531
hours of safety training in 2023
$
14,714,000
in community investments
23%
reduction in GHG Emissions compared to the 2023 base case
Zero
New social disputes
89
Rehabilitated over 89 hectares across our operations
Reduced
over 170,700 m3 in Water Use compared to 2023 base case
45%
Of our Board Members are women, including our Board Chair (Current women Board representation is 56% as of May 8, 2024)
Our Commitment to the UN SDGs
In 2023, we have aligned the objectives of eight prioritized SDGs with our 2023 Sustainability Goals, which will drive our performance and maximize positive impact in these areas.
Here you’ll find a few of these SDG highlights. To see all of our commitments to the UN SDGs, please click the link below.
Goal:
Ensure healthy lives and promote well-being for all at all ages.
Mining can contribute to SDG3 by championing occupational health and safety, offering and encouraging preventative care, mitigating the spread of disease, and increasing mental health awareness in our COI communities.
Learn more about how we’re working on SDG3 on our UN Sustainable Development Goals page.
Goal:
Achieve gender equality and empower all women and girls.
As a historically male-dominated industry, mining can contribute to this SDG by offering equal opportunities for women and practising gender inclusion across the business and project life cycle.
Learn more about how we’re working on SDG5 on our UN Sustainable Development Goals page.
Goal:
Ensure access to affordable, reliable, sustainable and modern energy for all.
Through improving energy efficiency and incorporating renewable energy, the mining industry can make a significant contribution to SDG7.
Learn more about how we’re working on SDG7 on our UN Sustainable Development Goals page.
Goal:
Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.
The mining industry can contribute to SDG8 by providing well-paid direct and indirect jobs. In particular, mining can contribute to the economic outcomes of local communities by supporting and procuring from local suppliers.
Learn more about how we’re working on SDG8 on our UN Sustainable Development Goals page.
Goal:
Target urgent action to combat climate change and its impacts.
Mining companies can contribute to SDG13 by reducing emissions, building climate change resilience, and recognizing climate change in planning and investment.
Learn more about how we’re working on SDG13 on our UN Sustainable Development Goals page.
2023 Sustainability Report
Our 2023 Sustainability Report was prepared in accordance with Global Reporting Initiative (GRI) Standards and the Sustainability Accounting Standards Board (SASB) Standard. It also contains information in consideration of the Task Force on Climate Related Financial Disclosures (TCFD) reporting framework.
- 2023 Reporting Index May 23, 2024
- 2023 Sustainability Performance Data Book May 23, 2024