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
    • Climate Change
    • 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 People
    • Workplace Health and Safety
    • Stakeholder Engagement
    • Indigenous Relations
    • Responsible Sourcing
    • 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.
     
    • ESG Reporting Approach
    • ESG Standards and Frameworks
  • Transparency Hub
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  • Social
  • Responsible Sourcing

Responsible Sourcing

Centerra recognizes the vital and unique role that responsible sourcing plays in socio-economic development for our project-impacted communities. We make it a priority to hire locally and allocate resources to developing local skills and capabilities.

As members of the World Gold Council, we are committed to improving transparency in the gold supply chain. Our Öksüt Gold Mine produces doré bars, which are shipped to the Istanbul Gold Refinery in Istanbul, Türkiye.

Local Procurement

By purchasing locally, we increase the amount of money that stays within the communities, regions and countries where we operate, while supporting the development of local businesses both during our operations and beyond the life of our project.

Local procurement benefits communities, but in many cases it is also cost competitive and decreases our lead times while increasing the resiliency of our supply chain.

Our strategy is to buy local when feasible, then regionally and subsequently at a national level. Our community relations and supply chain teams provide communities with information about local procurement opportunities at different stages of the project. Remaining transparent and setting realistic expectations with local stakeholders is paramount in developing and maintaining a local supply chain.

In addition to purchasing goods and services locally, contracting opportunities are provided to Indigenous groups in British Columbia. This includes hiring companies owned by local First Nation Bands or Indigenous entrepreneurs as well as companies that have joint ventures in place with Indigenous groups. Services procured this way for Mount Milligan and Kemess include catering, transport, road work, security, exploration drilling, water transfer, and concentrate handling and hauling.

To minimize supplier dependence on the mining project, we have encouraged local suppliers to take proactive steps to broaden their customer base.

In 2023:

$106M

Our total local spend across all our operations in 2023.

34%

In 2023, we increased our local supplier network in Canada by 34%.

16

Increase in Indigenous-owned businesses we work with, to 16, up from 14 in 2022.

Supplier Expectations

We will only work with sole proprietors, partnerships or companies that comply with all legal requirements, including having a valid business licence.

All suppliers, whether local or international, are expected to comply with Centerra’s Supplier Code of Conduct while doing business with us.

Goal

Develop a framework for assessing ESG supplier performance and achieving timely remediation of ESG non-conformances.

2023 Spending on Local Suppliers by Region

USD, MILLIONS Total Spend Local Procurement Spend Local Spend % National Spend (incl. local) International Spend

Canada1

$291.25

$88.64

30.4%

$274.92

$16.33

Türkiye

$66.16

$7.59

11.5%

$64.12

$2.05

USA

$92.01

$9.99

10.9%

$89.21

$2.80

 

1 These numbers reflect all of our Canadian operations, including the Mount Milligan Mine, Kemess and the Endako Mine. Mount Milligan represents the most significant portion of our spend as it is our only operating mine in British Columbia.

Relevant Standards and Policies

Local suppliers must comply with the expectations set out in Centerra’s Supplier Code of Conduct, namely legal stipulations, labour rights, human rights, health and safety, and environmental requirements, as well as our policies on anti-corruption and anti-bribery.

View our Supplier Code of Conduct
on the Transparency Hub

centerragold.com

sustainability@centerragold.com

+1 (416) 204-1953

  • Environment
    • Waste, Hazardous Materials and Air Pollution
    • Climate Change
    • Water Stewardship
    • Biodiversity
    • Mine Closure and Reclamation
  • Social
    • Our People
    • Workplace Health and Safety
    • Stakeholder Engagement
    • Indigenous Relations
    • Responsible Sourcing
    • Human Rights
  • Governance
    • ESG Reporting Approach
    • ESG Standards and Frameworks
    • Transparency Hub
    • About Centerra Gold
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