Hecla Mining Updates Net Zero Progress - Smart Energy Decisions

GHG Emissions, Industrial, Hydro  -  May 27, 2022

Hecla Mining Exceed Intensity Reduction Goal

Hecla Mining Company achieved net zero on Scope 1 and Scope 2 carbon emissions and reduced emissions by 44% from 2019 baseline levels.

The silver producer continued to reduce energy intensity, exceeding the multi-year 5% energy intensity reduction goal and 99% of electricity used at Hecla’s mines was line power with 70% generated by renewable hydropower. Details were given in its 2021 Sustainability Report.

“Throughout our more than 130 years in operation, Hecla’s focus has been on responsible mining practices, safety, and building strong communities where our mines operate,” said Hecla President and CEO Phillips S. Baker, Jr, in a statement. “Our commitment to transparent reporting and sustainability will continue as the United States’ largest miner of silver, a metal that is a key part in decarbonizing our energy sources.”

For the first time, Hecla prepared the Sustainability Report with reference to the Global Reporting Initiative (GRI) Standards and for the fourth year, the company benchmarked its performance against the Sustainability Accounting Standards Board (SASB) Metals and Mining standards. This is also the second year for the company to report against relevant aspects of the Task Force on Climate-Related Financial Disclosures (TCFD) as well as against Mining Association of Canada’s Towards Sustainable Mining (TSM) framework, for its Casa Berardi mine in Quebec, Canada.

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