2 0 2 0 Sustainability Report
Ta b l e o f C o n t e n t s
- About Ero Copper
- About This Report
- 2020 Highlights
- Message From the CEO
- Sustainability Governance & Strategy
- 2021 Sustainability Goals
- Business Ethics, Human Rights & Diversity
- Occupational Health & Safety
- Community Relations & Investments
- Water
- Energy & Greenhouse Gas (GHG) Emissions
- Climate Change
- Waste & Tailings Management
- Biodiversity & Mine Closure
- Global Reporting Initiative (GRI) Tables
- GRI Index
- Sustainability Accounting Standards Board (SASB) Data Tables
- Disclaimer
E R O C O P P E R | 2020 S U S T A I N A B I L I T Y R E P O R T | 1
A b o u t E ro C o p p e r
Ero Copper is a Canadian, TSX-listed mining company with headquarters in Vancouver, Canada and operations in Brazil.
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C A N A D A
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MCSA Mining Complex
Location: Bahia, Brazil
Ownership: 99.6%
Stage: Operating (over 40 years)
2020 Copper Production: 42,814 t
2020 C1 Cash Costs: US$0.67/lb(*)
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NX Gold Mine
Location: Mato Grosso, Brazil
Ownership: 97.6%
Stage: Operating
2020 Gold Production: 36,830 oz
2020 C1 Cash Costs: US$457/oz(*)
2020 All-in Sustaining Costs: US$628/oz(*)
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Boa Esperança Project
Location: Pará, Brazil
Ownership: 99.6%
Stage: Development
- Brazil Corporate Office, MCSA (São Paulo)
- Canada Corporate Office (Vancouver)
B R A Z I L B R A Z I L
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(*) C1 Cash Costs and All-in Sustaining Costs are non-IFRS measure - please refer to our Management Discussion & Analysis for the year ended December 31, 2020 for more information.
E R O C O P P E R | 2020 S U S T A I N A B I L I T Y R E P O R T | 2
A b o u t Th i s R e p o r t
Ero Copper is committed to responsible mining. Sustainability and economic opportunity are fundamental to the way we do business, ensuring the communities in which we operate, and local stakeholders, continue to thrive well beyond the lifespans of our mining operations.
We are pleased to release our 2nd annual sustainability report. The aim of this report is to provide clear and transparent disclosure on Environmental, Social and Governance ("ESG") topics, building upon our inaugural 2019 sustainability report released in March 2020.
Throughout this report we refer to Ero Copper Corp. and its subsidiaries as "Ero Copper", the "Company", "we", "us" and "our".
Additional Details
Reporting Period | January 1 to December 31, 2020 |
Report Date | April 13, 2021 |
Effective Date | December 31, 2020 |
Date of Last Report | March 31, 2020 |
This report contains standard disclosures from the Global Report Initiative (GRI) | |
Reporting Framework | Sustainability Reporting Standards, prepared largely in accordance with the Core option. |
This report contains select disclosures in alignment with the Sustainability Accounting | |
Standards Board ("SASB"). | |
Changes in Reporting | Improved disclosure related to material topics and our overall approach to ESG materiality |
as compared to our inaugural 2019 Sustainability Report. | |
Data herein has been collected and reviewed internally by operating site management and | |
corporate management. | |
Data and Assurance | Certain economic and performance data has been extracted from our 2020 audited annual |
financial statements and management, discussion and analysis for the year ended | |
December 31, 2020. | |
Data is reported using the metric system and US dollars unless otherwise noted. | |
In addition to annual sustainability reporting, operating and financial results are provided | |
Additional Information | on a quarterly and annual basis, along with further details of exploration and growth- |
oriented projects intended to sustain our future business. Our financial statements and | |
technical reports are available on our website and SEDAR. | |
Contact Information | Please direct any sustainability-related comments or questions to info@erocopper.com, |
Attention: ESG Team | |
E R O C O P P E R | 2020 S U S T A I N A B I L I T Y R E P O R T | 3
ESG Materiality
Our approach to determining materiality as it relates to ESG matters has been anchored through regular engagement with key stakeholders, including, but not limited to, employees, investors, federal and state regulatory agencies, ESG rating agencies and through frequent consultation with members of our local communities. This engagement informs our overall ESG strategy and ensures our efforts are appropriately focused on areas that are most relevant to key stakeholders. It also allows us to better communicate our ESG performance, sustainability goals and to offer transparency as much as possible on key issues.
The table below provides a summary of our engagement approach with key stakeholder groups and the focus areas of each group. This report aims to provide clear and transparent information on our ESG performance, including achievements, goals, risks, opportunities and track record.
We are committed to fostering open communication and mutual trust with our stakeholder group and will continue to enhance ESG disclosure focusing on areas determined to be material. The reporting boundary for each material topic is limited to local operations and local communities.
S t a k e h o l d e r G r o u p | E n g a g e m e n t A p p r o a c h | F o c u s A r e a s | |
Active engagement with communities | | Local job opportunities | |
in and around current, planned and | | Sustainable development and | |
Local Communities | historic mining operations through | continuing education programs | |
both formal and informal mechanisms. | | COVID-19 mitigation and | |
See the Community Relations section | management | ||
of this report for more information | | Water Supply | |
Formal and informal engagement with | | Health and safety, including | |
employees and contractors, including: | COVID-19 mitigation and | ||
Employees & Contractors | regular management meetings, health | management | |
and safety meetings, annual union | | Job security | |
engagement and employee | |||
| Salary and benefits | ||
engagement and satisfaction surveys. | |||
Regular engagement with all levels of | | Tax revenue / transparency | |
Federal, State and Local | governmental agencies to foster | ||
Environment and permitting | |||
economic development, community | | ||
Government Agencies | |||
health and environmental stewardship | | Jobs / Procurement | |
within our regions. | |||
Frequent engagement with existing | | ESG disclosure | |
| ESG strategy and commitments | ||
Investors | shareholders and potential new | ||
shareholders through marketing, | | Climate change | |
conferences and targeted outreach. | | Tailings management | |
Frequent engagement with relevant | | ESG disclosure | |
ESG Research and | ESG focused-agencies to align | | ESG relative benchmarking |
Company reporting, improve overall | |||
Rating Agencies | | ESG strategy & commitments | |
disclosure and ensure accuracy of | |||
| Performance & goals | ||
information. | |||
E R O C O P P E R | 2020 S U S T A I N A B I L I T Y R E P O R T | 4
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Ero Copper Corp. published this content on 24 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 July 2021 07:17:02 UTC.