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Silvercorp Metals Inc. Releases Its Fiscal 2025 Sustainability Report

Silvercorp Metals Inc., a well-established Canadian mining company renowned for its production of silver, gold, lead, and zinc, has recently published its comprehensive Sustainability Report for the fiscal year ending March 31, 2025. This timely report highlights the company's unwavering commitment to Environmental, Social, and Governance (ESG) principles, demonstrating a responsible approach to mining and its impact on communities and the environment.

Dr. Rui Feng, the Chair and CEO of Silvercorp, emphasized, "In Fiscal 2025, we made steady progress across five strategic pillars: governance effectiveness, ecological protection, climate resilience, operational safety, and shared community prosperity." This reflects the organization’s dedication to not just profitability but also to fostering sustainable development within the mining industry.

Key Highlights from the Sustainability Report

The report outlines several significant achievements and commitments:

• - Investment in Local Communities: Silvercorp has invested $1.3 million in various local community initiatives, showcasing its commitment to giving back and improving the quality of life for those impacted by its operations.
• - Employee Development: Delivering over 68,000 hours of employee training, the company saw a remarkable 115% increase compared to the previous year, indicating a robust investment in its workforce.
• - Safety Improvements: The report highlights a 44% decrease in the Lost Time Incident Rate (LTIR), bringing it down to 0.52, showcasing the company's commitment to operational safety.
• - Reduction in GHG Emissions: Silvercorp has achieved a 17% reduction in Scope 1 and 2 greenhouse gas emissions based on 2020 levels, emphasizing its dedication to combating climate change.
• - Zero Significant Environmental Incidents: The company reported no significant incidents that could affect the environment, reflecting its stringent safety and environmental management practices.
• - Strengthened Governance: The governance framework has been enhanced by the introduction of four new corporate policies: Biodiversity Policy, Tailings Facility Management Policy, Procurement Policy, and a Board Diversity Policy. This breadth of governance signifies a forward-thinking approach to corporate responsibility.

Adherence to Reporting Frameworks

Silvercorp's Sustainability Report aligns with various widely recognized frameworks, underscoring the company's commitment to transparency and accountability in its operations. The report was prepared referencing the Global Reporting Initiative (GRI) Standards, the United Nations Sustainable Development Goals (SDGs), Task Force on Climate-Related Financial Disclosures (TCFD), as well as other industry-specific standards set by the International Council on Mining and Metals (ICMM) and the Sustainability Accounting Standards Board (SASB).

Access to the Full Report

Interested parties can download the complete Fiscal 2025 Sustainability Report from the company's official website at silvercorpmetals.com, where additional ESG data tables and GRI indices are also available for review.

About Silvercorp

Silvercorp is not just a mining company; it is poised to create shareholder value through a multifaceted strategy that emphasizes generating free cash flow from its long-life mining operations, organic growth through exploration, and a steadfast commitment to responsible mining practices that align with ESG principles.

For further inquiries or more information regarding Silvercorp’s operations and sustainability initiatives, contact:
Lon Shaver
President, Silvercorp Metals Inc.
Phone: (604) 669-9397
Toll-Free: 1(888) 224-1881
Email: [email protected]
Website: www.silvercorpmetals.com

Silvercorp continues to set a benchmark within the mining industry with its strategic initiatives and improvements in sustainability, putting it at the forefront of responsible mining operations.