Triple Flag Publishes 2023 Sustainability Report
Triple Flag Publishes 2023 Sustainability
Report
TORONTO--(BUSINESS WIRE)--June 25, 2024--Triple Flag Precious Metals Corp. (with its
subsidiaries, “Triple Flag” or the “Company”) (TSX: TFPM, NYSE: TFPM) today announced
the publication of its 2023 Sustainability Report, showcasing the Company’s sustainability
approach, governance, and performance.
The Report is available to view under the ESG section of the Company's website at
www.tripleflagpm.com.
Shaun Usmar, Chief Executive Officer of Triple Flag, said:
“2023 was an exceptional year for Triple Flag’s sustainability initiatives – a perfect complement
to our corporate achievements, highlighted by the acquisition of Maverix Metals and nearly
$700 million in completed deals. We prioritize responsible mining practices when targeting and
conducting due diligence for deal opportunities with potential mining partners, and foster strong
relationships with local communities and stakeholders, by enhancing our mining partners’
privilege to operate where we can play a constructive role. Through initiatives such as the Triple
Flag Scholarship and Bursary programs, our commitment to reduce emissions through the
Science-Based Target initiative (SBTi), and a culture of open communication within our team,
we actively attempt to create value beyond merely being a capital provider with our mining
partners and position ourselves as leaders in sustainable corporate practices. I am immensely
proud of our growth to date and want to thank our team and partners for all their valuable
contributions.”
2023 Sustainability Highlights
Offsetting all scope 1, 2, and 3 emissions to remain carbon neutral since inception.
Achieving an inaugural rating of AA in the MSCI ESG Ratings assessment, while
improving our Sustainalytics ranking to 3rd out of 117 companies in the precious metals
industry and within the top 2% of over 15,000 companies worldwide.
Setting a target of 50% scope 2 emission reduction by 2030 (from a 2018 baseline),
validated by the SBTi.
Investing nearly $470,000 in specific initiatives to support underrepresented communities
near our operator’s producing assets.
Helping communities surrounding our mining partners’ operations access a total of
$300,000 in funding from the World Gold Council by nominating local initiatives
focused on poverty reduction.
Receiving an award for Best Company in Social Responsibility (Mid-Cap) by ESG
Investing.
About Triple Flag
Triple Flag is a pure play, precious-metals-focused streaming and royalty company. We offer
bespoke financing solutions to the metals and mining industry with exposure primarily to gold
and silver in the Americas and Australia, with a total of 234 assets, including 15 streams and 219
royalties. These investments are tied to mining assets at various stages of the mine life cycle,
including 32 producing mines and 202 development and exploration stage projects. Triple Flag is
listed on the Toronto Stock Exchange and New York Stock Exchange, under the ticker “TFPM”.
Contacts
Investor Relations:
David Lee
Vice President, Investor Relations
Tel: +1 (416) 304-9770
Email: [email protected]
Media:
Gordon Poole, Camarco
Tel: +44 (0) 7730 567 938
Email: [email protected]