Endeavour Silver Corp. (NYSE: EXK; TSX: EDR) (“Endeavour” or the
“Company”), today publishes its inaugural climate strategy report,
entitled “
Our Climate Journey”. The report
highlights our approach to climate change and aligns with the
recommendations of the Task Force on Climate-related Financial
Disclosures (“
TCFD”), providing specific
climate-related information in four areas: governance, strategy,
risk management, and metrics and targets.
“We are pleased to publish our first TCFD-aligned report,
demonstrating our longstanding commitment to transparency and
disclosure on sustainability issues that matter to our
stakeholders,” says Dan Dickson, CEO. “For Endeavour Silver, like
many other organizations, we are in the early days of understanding
our footprint, opportunities and long-term pathway to a more
sustainable business. We are trying to be thoughtful and diligent
in assessing what the climate emergency means for our Company and
the most effective steps we can take.”
As a primary silver producer, our business has an essential role
in enabling the transition to a low carbon economy. We believe that
future demand for silver will be heavily driven by the global
response to climate change. In particular, markets are likely to
respond to the widespread adoption of renewable energy sources as a
means of de-carbonizing global energy supply. This demand will
favor industrial applications in silver such as photovoltaics,
which is currently the fastest growing segment of silver
demand.
Protecting the planet is one of the three pillars of Endeavour’s
2022-2024 Sustainability Strategy. Through the
strategy, we are elevating our environmental stewardship to reduce
negative impacts, protect ecosystems and support environmental
sustainability. Our focus is on mobilizing action towards a
low-carbon economy, by minimizing our production of direct and
indirect greenhouse gas (“GHG”) emissions and developing a climate
risk response plan.
Added Dan: “As a mining company, we proactively manage risk all
the time, and now we’re integrating climate-related risks into our
risk management practices. We also view climate change beyond risk.
It’s an opportunity for us to build a more climate-smart business
that’s well positioned for a lower-carbon future.”
With the release of our first climate report, we aim to provide
stakeholders with the necessary information to properly evaluate
Endeavour’s climate risks, impacts and performance. Our
climate-related disclosure is a key component of our sustainability
reporting, while also supporting our business development as we
align with industry actions to help protect our planet, now and
well into the future. We recognize that there is significant
movement underway to strengthen and standardize accounting of
climate related risks and opportunities, including efforts by the
International Financial Reporting Standards
(“IFRS”) Foundation. We also welcome the evolving
scrutiny on corporate climate reporting as we continue to develop
our understanding and disclosures.
“Our sustainability journey is not a new one, as Endeavour has
been formally reporting on ESG initiatives for ten years,” states
Ken Pickering, Independent Board Director and Sustainability
Committee Chair. “I am confident that, based on our track record,
we will be able to contribute to the energy transition.”
To learn more about Endeavour’s environmental, social and
governance efforts, please read our annual sustainability report,
Bridge to the Future, and explore the
sustainability website at
https://edrsilver.com/sustainability/overview/.
About Endeavour Silver – Endeavour Silver
Corp. is a mid-tier precious metals mining company that operates
two high-grade, underground, silver-gold mines in Mexico. Endeavour
is currently advancing the Terronera mine project towards a
development decision, pending financing and final permits and
exploring its portfolio of exploration and development projects in
Mexico, Chile and the United States to facilitate its goal to
become a premier senior silver producer. Our philosophy of
corporate social integrity creates value for all stakeholders.
SOURCE Endeavour Silver Corp. Contact
Information: Galina Meleger, Vice President of Investor
Relations Toll free: (877) 685-9775Tel: (604) 640-4804Email:
gmeleger@edrsilver.com Website: www.edrsilver.com
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Cautionary Note Regarding Forward-Looking
Statements
Certain statements contained in this news
release constitute forward-looking statements or forward-looking
information within the meaning of applicable securities laws and
are referred to herein as “forward-looking statements”. Such
forward-looking statements herein include but are not limited to
statements regarding Endeavour’s Sustainability Strategy 2022-2024,
the strategic vision for the Company and expectations regarding
exploration potential, production capabilities and future financial
or operational performance; the timing for and Company’s ability to
successfully advance its growth and development projects, the
Company’s expectations for reducing its GHG emissions and the
impact of its operations on climate change. The Company does not
intend to and does not assume any obligation to update such
forward-looking statements or information, other than as required
by applicable law.
Forward-looking statements or information
involve known and unknown risks, uncertainties and other factors
that may cause the actual results, level of activity, production
levels, performance or achievements of Endeavour and its operations
to be materially different from those expressed or implied by such
statements. Such factors include but are not limited to the
conditions in general market and industry conditions; timing and
amount of expenditures related to the ESG programs; environmental
and other regulatory risks; project cost overruns or unanticipated
costs and expenses; national and local governments, legislation,
taxation, controls, regulations and political or economic
developments in Canada and Mexico; as well as those factors
described in the section “risk factors” contained in the Company’s
most recent form 40F/Annual Information Form, which is available on
SEDAR at www.sedar.com and on EDGAR at www.sec.gov/edgar.
Forward-looking statements are based on
assumptions management believes to be reasonable, including but not
limited to: the ability of Endeavour to carry out its
sustainability strategy, and factors as set out herein. Although
the Company has attempted to identify important factors that could
cause actual results to differ materially from those contained in
forward-looking statements or information, there may be other
factors that cause results to be materially different from those
anticipated, described, estimated, assessed or intended. There can
be no assurance that any forward-looking statements or information
will prove to be accurate as actual results and future events could
differ materially from those anticipated in such statements or
information. Accordingly, readers should not place undue reliance
on forward-looking statements or information.
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