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Endeavour Silver Corp. Champions Sustainability and Community Engagement in 2024 ESG Report

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Cashu
16 days ago
Cashu TLDR
  • Endeavour Silver Corp's 2024 ESG report highlights its commitment to sustainable mining, community engagement, and employee safety.
  • The company achieved an 88% water recycling rate and invested $1.1 million in community initiatives, supporting local economies.
  • Endeavour's governance emphasizes diversity, with 38% of its Board comprising women and 95% of procurement from local suppliers.
edr.to Logo
EDR.TO
Endeavour Silver Corp
2.12%

Endeavour Silver Corp's Commitment to Sustainable Mining Practices

Endeavour Silver Corp reinforces its dedication to sustainability and ethical practices in its recently published 2024 Environmental, Social, and Governance (ESG) report. The report, released on June 9, 2025, highlights significant operational growth while emphasizing the company's commitment to community engagement and responsible mining. With a reportable injury rate (RIR) of 1.77, Endeavour demonstrates its focus on employee safety, a crucial aspect of its operational ethos. Furthermore, the company takes pride in the fact that 99% of its workforce in Mexico is locally sourced, illustrating its commitment to supporting local economies and fostering regional development.

The sustainability initiatives outlined in the report are notable for their broad impact. Endeavour Silver invests US$1.1 million in community initiatives, achieving a commendable 100% completion rate for workforce training on its Code of Business Conduct and Ethics. These efforts align with the company’s strategic objectives to ensure that its operations are not only economically viable but also socially responsible. In environmental stewardship, Endeavour boasts an impressive 88% water recycling rate and has planted 52,039 trees with a 72% survival rate. Such initiatives reflect the company's commitment to minimizing its ecological footprint while supporting biodiversity.

Moreover, Endeavour's governance structure exemplifies its commitment to diversity and community involvement, with 38% of its Board of Directors comprised of women and a remarkable 95% of procurement sourced from local suppliers. The CEO’s message within the report underscores a vision of creating long-term value for all stakeholders, balancing economic growth with responsible governance and environmental stewardship. Over the past three years, Endeavour has made substantial progress, achieving nearly 80% of its sustainability targets as outlined in the 2022-2024 Sustainability Strategy, which focuses on improving governance, enhancing training, and implementing environmental initiatives.

In addition to its operational achievements, Endeavour Silver has surpassed its initial community investment target of $2 million, contributing a total of $2.4 million towards education, infrastructure, and economic development. Looking to the future, the company has set new sustainability priorities for 2025, ensuring that its commitment to responsible mining continues to evolve and adapt to the needs of its stakeholders and the environment. Through these initiatives, Endeavour Silver positions itself as a leader in the mining industry, demonstrating that profitability and sustainability can coexist harmoniously.

The content provided here is for informational purposes only and should not be considered financial or investment advice. Investing in stocks carries risks, including potential loss of principal. Always do your own research and consult with a licensed financial advisor before making any investment decisions. We are not responsible for any losses or damages resulting from your use of this information.

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edr.to
Endeavour Silver Corp
TO: EDR.TO
+0.14 (+2.12%)
6.73
USD
At close at Jun 27, 24:33 UTC
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