OceanaGold Corporation has recently released its 2025 Sustainability Report, underscoring the company's dedication to sustainability across multiple fronts. The report, which encapsulates data from the year ending December 31, 2025, is a transparent reflection of OceanaGold's performance and initiatives aimed at integrating sustainability into its core operations.
Gerard Bond, the President and CEO of OceanaGold, expressed his satisfaction regarding the progress made in 2025, stating, "We delivered another year of meaningful progress across our sustainability priorities, while continuing to safely and responsibly deliver gold production." He emphasized that integrating sustainability is essential for creating value not only for the company itself but also for its stakeholders, which include the communities in which it operates.
Sustainability Performance Highlights
The report is filled with notable achievements, with some of the key highlights including:
- - MSCI ESG Rating: For the third consecutive year, OceanaGold maintained an “AA” rating in the MSCI ESG ratings, which gauges the company’s environmental, social, and governance practices.
- - Safety Milestones: The company reported zero workplace fatalities and life-altering injuries in 2025, marking a significant milestone for employee safety. Additionally, they achieved a remarkable 36% reduction in Total Recordable Injury Frequency Rate (TRIFR) compared to 2024.
- - Economic Contributions: OceanaGold reaffirmed its commitment to community support by spending $110 million with nearly 800 local suppliers and contributing $10 million towards community projects, demonstrating their role as a responsible corporate citizen.
- - Reduction in GHG Emissions: Over the past three years, OceanaGold has successfully reduced its greenhouse gas (GHG) emissions by an impressive 38%, with a goal set to achieve a further 30% absolute reduction by the year 2030.
- - Water Management: The company has made strides in water conservation, averaging a 60% reuse or recycling rate across its operating mine sites. Furthermore, they have implemented updated water performance standards and site-specific water management plans to optimize usage.
In a significant leadership move, OceanaGold has appointed David Bickerton as the Executive Vice President and Chief Sustainability Officer (CSO), effective April 1, 2026. Having been part of OceanaGold since 2011, Bickerton brings extensive knowledge and experience to this critical position, previously serving as the Asset President of the Didipio Mine in the Philippines.
Climate-related Disclosures
This year also marked the release of OceanaGold’s first annual mandatory IFRS S2 Climate-related Disclosure. This document provides insights into the company’s strategies for climate-related governance, risk management, and its approaches to managing environmental impacts.
OceanaGold has made substantial advancements in its commitment to ESG principles, placing a strong emphasis on sustainability in all its operations. By prioritizing safety, fostering community development, and committing to environmental stewardship, OceanaGold continues to showcase its role as a leader in responsible resource extraction. The company's dedication to ensuring a sustainable future was clearly articulated in the report, reflecting a comprehensive strategy for continued innovation and best practices in the mining industry.
Links for additional information regarding OceanaGold’s sustainability-related reports include:
With its continuous efforts and commitment to align with global sustainability goals, OceanaGold looks forward to another year of responsible mining practices and community engagement.