Sustainability at Centerra Gold
  • Environment
    Environment
    We are committed to protecting the natural environment and minimizing adverse impacts caused by our operations or activities.
     
    • Waste, Hazardous Materials and Air Pollution
    • GHG Emissions and Energy
    • Water Stewardship
    • Biodiversity
    • Mine Closure and Reclamation
  • Social
    Social
    We are committed to creating and sharing economic value in the countries and communities where we operate.
     
    • Our COVID-19 Response
    • Our People
    • Diversity, Equity & Inclusion
    • Occupational Health and Safety
    • Strategic Community Investment
    • Stakeholder and Indigenous Group Engagement
    • Local Content
    • Human Rights
  • Governance
    Governance
    Strong corporate governance policies and processes enable Centerra to effectively manage and oversee ESG-related risks and opportunities and create long-term value for the company.
     
    • Risk Management
    • ESG Reporting Approach
    • ESG Standards and Frameworks
  • Transparency Hub
  • About Centerra Gold
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Risk Management

Centerra has implemented an Enterprise Risk Management (ERM) program to ensure risk-informed decision making throughout the organization. The program is based on leading international risk management standards such as ISO 31000 and COSO as well as industry best practices. It employs both a bottom-up and a top-down approach to identify and address risks from all sources that threaten the achievement of our objectives. All operating sites and projects are responsible for identifying, assessing, treating and monitoring risk. Efforts are coordinated by appointed “Risk Champions” who facilitate the process to ensure consistency and continuity. Centerra’s Corporate office–based Vice President, Risk and Insurance is responsible for providing the requisite tools, guidance, oversight and strategic direction for the ERM program.

The risk management program at Centerra considers the full mining lifecycle, from exploration through to closure. Every aspect of our operations, as well as the needs and circumstances of our stakeholders, is considered when identifying risks. As such, our risk program encompasses a broad range of risks, including technical, financial, commercial, social, reputational, environmental, health and safety, political and human resources–related risks. The Board of Directors for Centerra has created a Risk Committee, whose mandate is ERM governance and oversight. Centerra’s Vice President, Risk and Insurance prepares and presents a quarterly report for the Risk Committee on the key strategic, operational, project and exploration risks, as well as emerging risks.

ERM supports continuous improvement throughout the organization as risk information is used to navigate and make course corrections. The resulting improvements in business performance and resilience help create stakeholder value.

centerragold.com

sustainability@centerragold.com

+1 (416) 204-1953

  • Environment
    • Waste, Hazardous Materials and Air Pollution
    • GHG Emissions and Energy
    • Water Stewardship
    • Biodiversity
    • Mine Closure and Reclamation
  • Social
    • Our COVID-19 Response
    • Our People
    • Diversity, Equity & Inclusion
    • Occupational Health and Safety
    • Strategic Community Investment
    • Stakeholder and Indigenous Group Engagement
    • Local Content
    • Human Rights
  • Governance
    • Risk Management
    • ESG Reporting Approach
    • ESG Standards and Frameworks
    • Transparency Hub
    • About Centerra Gold
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