Eldorado Gold Corporation.
EGO.US | Mining of iron ores
Eldorado Gold Corporation is a gold and base metals producer with mining, development and exploration operations in Turkey, Canada, and Greece. The company primarily engages in the mining, exploration, development, and production of gold. Its portfolio includes operating mines such as the Kisladag a...Show More
Better Health for All
0
No evidence available to assess Eldorado Gold Corporation on Better Health for All.
Fair Money & Economic Opportunity
0
Eldorado Gold Corporation is a gold and base metals producer, not a financial institution. The company does not offer lending, deposit, or other financial services to consumers. Therefore, KPIs related to financial products, pricing, customer data, lending compliance, wealth building outcomes, financial literacy, debt products, and financial service access points are not applicable to its core business. While the company makes community investments
1
, the articles do not provide evidence of these being specifically 'community finance' initiatives or a percentage of pre-tax profit, leading to the omission of the 'profit_reinvestment' KPI.
Fair Pay & Worker Respect
-40
In 2017, Eldorado Gold Corporation's CEO compensation ratio was 689.2:1, which was the highest in B.C.
1
and significantly above the average B.C. CEO compensation of 207 times the average employee wage.
2
This ratio also exceeded the national average of 209 times the average Canadian income for the top 100 CEOs.
3
CEO compensation grew by an average of 84.5% between 2016 and 2017, while average employee compensation grew by 1.52% in the same period.
4
Fair Trade & Ethical Sourcing
0
No evidence available to assess Eldorado Gold Corporation on Fair Trade & Ethical Sourcing.
Honest & Fair Business
0
No evidence available to assess Eldorado Gold Corporation on Honest & Fair Business.
Kind to Animals
0
The provided articles for Eldorado Gold Corporation (EGO.US) focus on its mining operations, environmental management, and sustainability efforts, including tailings management, water stewardship, and reclamation. However, none of the articles contain specific, concrete data points or information relevant to any of the KPIs under the 'Kind to Animals' ethical value, such as cruelty-free certifications, animal testing, humane operations, ethical sourcing of animal-derived ingredients, or animal agriculture ethics. Therefore, no KPIs can be scored based on the provided evidence.
No War, No Weapons
0
Eldorado Gold Corporation, a gold and base metals producer, has consistently demonstrated its commitment to avoiding conflict facilitation. Since January 2013, the company has adopted and maintained conformance with the World Gold Council’s Conflict-Free Gold Standard (CFGS), which is independently assured annually by PricewaterhouseCoopers LLP.
1
This standard ensures that all gold produced does not cause, support, or benefit unlawful armed conflict or human rights abuses, and it operationalizes the OECD’s Due Diligence Guidance for Responsible Supply Chains. The company's operations are not in high-risk or conflict-affected areas, and it does not accept or externally source gold from third parties.
2
Eldorado Gold conducts annual reviews of international sanction databases and the Heidelberg Institute for International Conflict Research’s annual Conflict Barometer, confirming no applicable international sanctions in its operating countries from 2021 to 2024.
3
The company is a signatory to the UN Global Compact and has a Human Rights Policy with external assurance of compliance for its CFGS conformance.
4
Its Supplier Code of Conduct and Third-Party Risk Management system require suppliers to meet minimum performance standards for human rights.
5
Planet-Friendly Business
-50
The company reported zero major environmental incidents and no significant spills.
1
One Environmental Impact Study for Kassandra Mines was submitted in 2021
2
and approved in April 2023.
3
Eldorado Gold has a 2030 target to mitigate Scope 1 and 2 GHG emissions by 30% of its 2020 baseline, which is approximately 59,000 tCO2e,
4
and achieved 36% of this target by 2023.
5
Physical climate risk assessments were updated in 2024 for several operating mines and projects.
6
Over 118,000 indigenous plant species were planted over 106 hectares at Kışladağ,
7
and 288,000 tonnes of historical tailings, pyrites, and contaminated soils were moved for rehabilitation in 2024.
8
Several mines achieved Level AAA under the MAC-TSM Tailings Management Protocol,
9
and the Kışladağ mine was recertified under the International Cyanide Management Code.
10
Respect for Cultures & Communities
70
Eldorado Gold Corporation directed 85% of its site procurement to local and domestic suppliers in 2024.
1
Additionally, the company provided cultural awareness training to all employees and contractors in 2024.
2
Safe & Smart Tech
0
The company states its compliance with applicable laws and regulations, including Canadian and US regulations, and adherence to local transportation laws.
1
2
Its privacy notice indicates that data retention will not exceed necessary periods or legal requirements.
3
Additionally, the company outlines user rights to withdraw consent, access, and correct their data.
4
Zero Waste & Sustainable Products
-40
The company has implemented five waste reduction initiatives, including a Kaizen workshop at Lamaque Complex, standardization of mineral hazardous waste bin filling, recycling initiatives at Efemçukuru, collaboration with a sculpture artist, and workshops for students on recycling.
1
In 2024, over 1,000 tonnes of packaging materials were recycled in Greece, exceeding the industry average, and 27,000 kg of plastic waste was recycled at Efemçukuru.
2
The company reports no waste disposal violations for the past year, with all waste handling compliant with legal requirements and tracked through official registries.
3
Hazardous waste management includes standardizing mineral hazardous waste bin filling using a weighing and sealing system at Lamaque Complex.
4