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page-template-page-general-php page page-id-159 page-child parent-pageid-70 wp-embed-responsive cookies-not-set"><header id="site-header" class="d-print-none" role="banner" aria-label="Site Header"><div class="gradient-overlay"></div><div class="container header-container"><div class="row align-content-center justify-content-between header-row"><div class="col-auto header-logo"> <a href="/"><img src="https://panamericansilver.com/wp-content/uploads/2022/03/pas-logo-reverse.svg" class="pas-header-logo" width="257" height="52" alt="Pan American Silver Logo" /></a></div><div class="col-auto header-navigation"><div class="row align-content-center header-navigation-row"><div class="col-auto desktop-navigation"><ul class="desktop-navigation-top-level"><li class="desktop-navigation-item "> <a class="menu-link menu-link-top-level" href="https://panamericansilver.com/about/" aria-haspopup="true" aria-expanded="false">About</a><div class="desktop-navigation-sub-row" style="display: none;"><div class="desktop-navigation-sub-content"><div class="desktop-navigation-sub-col desktop-navigation-sub-col-left"><div class="desktop-navigation-main-section-content"><p class="desktop-navigation-main-section-title">About</p><div class="desktop-navigation-main-section-description"><p>Pan American Silver provides enhanced exposure to silver through large silver reserves and catalysts to grow silver production.</p></div></div></div><div class="desktop-navigation-sub-col desktop-navigation-sub-col-nav"><ul class="desktop-navigation-sub-level"><li class="desktop-navigation-sub-item " > <a class="menu-link menu-link-sub-level" href="https://panamericansilver.com/about/" >Overview</a></li><li class="desktop-navigation-sub-item " > <a class="menu-link menu-link-sub-level" href="https://panamericansilver.com/about/our-purpose-and-values/" >Our Purpose & Values</a></li><li class="desktop-navigation-sub-item " > <a class="menu-link menu-link-sub-level" href="https://panamericansilver.com/about/leadership/" >Leadership</a></li><li class="desktop-navigation-sub-item " > <a class="menu-link menu-link-sub-level" href="https://panamericansilver.com/about/corporate-governance/" >Corporate Governance</a></li><li class="desktop-navigation-sub-item " > <a class="menu-link menu-link-sub-level" href="https://panamericansilver.com/about/contact/" >Contact</a></li></ul></div><div class="desktop-navigation-sub-col desktop-navigation-sub-col-right"> <noscript><img src="https://panamericansilver.com/wp-content/uploads/2022/03/Our-Purpose-and-Values-400x200.jpg" class="menu-featured-page-image" alt="Women from Community Working at Loom" /></noscript><img src='data:image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20210%20140%22%3E%3C/svg%3E' data-src="https://panamericansilver.com/wp-content/uploads/2022/03/Our-Purpose-and-Values-400x200.jpg" class="lazyload menu-featured-page-image" alt="Women from Community Working at Loom" /><p class="menu-featured-page-title"><a href="https://panamericansilver.com/about/our-purpose-and-values/">Our Purpose & Values</a></p><div class="menu-featured-page-description"><p>We produce the metals people need as the world moves towards decarbonization and electrification.</p></div><p class="menu-featured-page-link"> <a href="https://panamericansilver.com/about/our-purpose-and-values/" class="with-block teal">Learn More <span class="sr-only">about Our Purpose & Values</span> <svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 28.33 17.08" class="pas-arrow-right-short teal"><g id="Layer_2" data-name="Layer 2"><g id="Layer_1-2" data-name="Layer 1"><path stroke="#000000" fill="transparent" stroke-width="2" class="cls-1" d="M0,8.54H26.86m-8.4,7.81,8.4-7.81L18.46.73"/></g></g></svg></a></p></div></div></div></li><li class="desktop-navigation-item "> <a class="menu-link menu-link-top-level" href="https://panamericansilver.com/operations/" aria-haspopup="true" aria-expanded="false">Operations</a><div class="desktop-navigation-sub-row" style="display: none;"><div class="desktop-navigation-sub-content"><div class="desktop-navigation-sub-col desktop-navigation-sub-col-left"><div class="desktop-navigation-main-section-content"><p class="desktop-navigation-main-section-title">Operations</p><div class="desktop-navigation-main-section-description"><p>Pan American Silver has a diversified portfolio of mining and exploration assets located throughout the Americas.</p></div></div></div><div class="desktop-navigation-sub-col desktop-navigation-sub-col-nav"><ul class="desktop-navigation-sub-level"><li class="desktop-navigation-sub-item " > <a class="menu-link menu-link-sub-level" href="https://panamericansilver.com/operations/" >Overview</a></li><li class="desktop-navigation-sub-item " > <a class="menu-link menu-link-sub-level" href="https://panamericansilver.com/operations/our-products/" >Our Products</a></li><li class="desktop-navigation-sub-item has-submenu " data-target-id="submenu-110"> <a class="menu-link menu-link-sub-level" href="https://panamericansilver.com/operations/silver-segment/" aria-haspopup="true" aria-expanded="false">Silver Segment</a></li><li class="desktop-navigation-sub-item has-submenu " data-target-id="submenu-116"> <a class="menu-link menu-link-sub-level" href="https://panamericansilver.com/operations/gold-segment/" aria-haspopup="true" aria-expanded="false">Gold Segment</a></li><li class="desktop-navigation-sub-item " > <a class="menu-link menu-link-sub-level" href="https://panamericansilver.com/operations/reserves-and-resources/" >Reserves & Resources</a></li><li class="desktop-navigation-sub-item " > <a class="menu-link menu-link-sub-level" href="https://panamericansilver.com/operations/exploration-and-investment-interests/" >Other Portfolio Assets</a></li></ul><ul class="desktop-navigation-sub-sub-level" data-id="submenu-110"><li class="desktop-navigation-sub-sub-item "> <a class="menu-link menu-link-sub-sub-level" href="https://panamericansilver.com/operations/silver-segment/la-colorada/">La Colorada</a></li><li class="desktop-navigation-sub-sub-item "> <a class="menu-link menu-link-sub-sub-level" href="https://panamericansilver.com/operations/silver-segment/cerro-moro/">Cerro Moro</a></li><li class="desktop-navigation-sub-sub-item "> <a class="menu-link menu-link-sub-sub-level" href="https://panamericansilver.com/operations/silver-segment/huaron/">Huaron</a></li><li class="desktop-navigation-sub-sub-item "> <a class="menu-link menu-link-sub-sub-level" href="https://panamericansilver.com/operations/silver-segment/san-vicente/">San Vicente</a></li><li class="desktop-navigation-sub-sub-item "> <a class="menu-link menu-link-sub-sub-level" href="https://panamericansilver.com/operations/silver-segment/escobal/">Escobal</a></li><li class="desktop-navigation-sub-sub-item "> <a class="menu-link menu-link-sub-sub-level" href="https://panamericansilver.com/operations/silver-segment/la-colorada-skarn/">La Colorada Skarn</a></li><li class="desktop-navigation-sub-sub-item "> <a class="menu-link menu-link-sub-sub-level" href="https://panamericansilver.com/operations/silver-segment/navidad/">Navidad</a></li></ul><ul class="desktop-navigation-sub-sub-level" data-id="submenu-116"><li class="desktop-navigation-sub-sub-item "> <a class="menu-link menu-link-sub-sub-level" href="https://panamericansilver.com/operations/gold-segment/jacobina/">Jacobina</a></li><li class="desktop-navigation-sub-sub-item "> <a class="menu-link menu-link-sub-sub-level" href="https://panamericansilver.com/operations/gold-segment/el-penon/">El Peñon</a></li><li class="desktop-navigation-sub-sub-item "> <a class="menu-link menu-link-sub-sub-level" href="https://panamericansilver.com/operations/gold-segment/timmins/">Timmins</a></li><li class="desktop-navigation-sub-sub-item "> <a class="menu-link menu-link-sub-sub-level" href="https://panamericansilver.com/operations/gold-segment/shahuindo/">Shahuindo</a></li><li class="desktop-navigation-sub-sub-item "> <a class="menu-link menu-link-sub-sub-level" href="https://panamericansilver.com/operations/gold-segment/minera-florida/">Minera Florida</a></li><li class="desktop-navigation-sub-sub-item "> <a class="menu-link menu-link-sub-sub-level" href="https://panamericansilver.com/operations/gold-segment/dolores/">Dolores</a></li></ul></div><div class="desktop-navigation-sub-col desktop-navigation-sub-col-right"> <noscript><img src="https://panamericansilver.com/wp-content/uploads/2022/03/Our-Products-400x200.jpg" class="menu-featured-page-image" alt="Pan American Silver Employee Inspecting Product" /></noscript><img src='data:image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20210%20140%22%3E%3C/svg%3E' data-src="https://panamericansilver.com/wp-content/uploads/2022/03/Our-Products-400x200.jpg" class="lazyload menu-featured-page-image" alt="Pan American Silver Employee Inspecting Product" /><p class="menu-featured-page-title"><a href="https://panamericansilver.com/operations/our-products/">Our Products</a></p><div class="menu-featured-page-description"><p>Pan American Silver produces silver, gold, zinc, lead, and copper through mines across the Americas.</p></div><p class="menu-featured-page-link"> <a href="https://panamericansilver.com/operations/our-products/" class="with-block teal">Learn More <span class="sr-only">about Our Products</span> <svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 28.33 17.08" class="pas-arrow-right-short teal"><g id="Layer_2" data-name="Layer 2"><g id="Layer_1-2" data-name="Layer 1"><path stroke="#000000" fill="transparent" stroke-width="2" class="cls-1" d="M0,8.54H26.86m-8.4,7.81,8.4-7.81L18.46.73"/></g></g></svg></a></p></div></div></div></li><li class="desktop-navigation-item current-page-parent"> <a class="menu-link menu-link-top-level" href="https://panamericansilver.com/sustainability/" aria-haspopup="true" aria-expanded="false">Sustainability</a><div class="desktop-navigation-sub-row" style="display: none;"><div class="desktop-navigation-sub-content"><div class="desktop-navigation-sub-col desktop-navigation-sub-col-left"><div class="desktop-navigation-main-section-content"><p class="desktop-navigation-main-section-title">Sustainability</p><div class="desktop-navigation-main-section-description"><p>Pan American is committed to conducting its business in a responsible and sustainable manner.</p></div></div></div><div class="desktop-navigation-sub-col desktop-navigation-sub-col-nav"><ul class="desktop-navigation-sub-level"><li class="desktop-navigation-sub-item " > <a class="menu-link menu-link-sub-level" href="https://panamericansilver.com/sustainability/" >Overview</a></li><li class="desktop-navigation-sub-item has-submenu " data-target-id="submenu-127"> <a class="menu-link menu-link-sub-level" href="https://panamericansilver.com/sustainability/our-approach-and-performance/" aria-haspopup="true" aria-expanded="false">Our Approach & Performance</a></li><li class="desktop-navigation-sub-item " > <a class="menu-link menu-link-sub-level" href="https://panamericansilver.com/sustainability/sustainability-reporting/" >Sustainability Reporting</a></li><li class="desktop-navigation-sub-item has-submenu current-page-parent " data-target-id="submenu-129"> <a class="menu-link menu-link-sub-level" href="https://panamericansilver.com/sustainability/environment/" aria-haspopup="true" aria-expanded="false">Environment</a></li><li class="desktop-navigation-sub-item has-submenu " data-target-id="submenu-130"> <a class="menu-link menu-link-sub-level" href="https://panamericansilver.com/sustainability/social/" aria-haspopup="true" aria-expanded="false">Social</a></li><li class="desktop-navigation-sub-item has-submenu " data-target-id="submenu-131"> <a class="menu-link menu-link-sub-level" href="https://panamericansilver.com/sustainability/governance/" aria-haspopup="true" aria-expanded="false">Governance</a></li></ul><ul class="desktop-navigation-sub-sub-level" data-id="submenu-127"><li class="desktop-navigation-sub-sub-item "> <a class="menu-link menu-link-sub-sub-level" href="https://panamericansilver.com/sustainability/our-approach-and-performance/management-approach-to-esg/">Management Approach to ESG</a></li><li class="desktop-navigation-sub-sub-item "> <a class="menu-link menu-link-sub-sub-level" href="https://panamericansilver.com/sustainability/our-approach-and-performance/human-rights/">Human Rights</a></li><li class="desktop-navigation-sub-sub-item "> <a class="menu-link menu-link-sub-sub-level" href="https://panamericansilver.com/sustainability/our-approach-and-performance/policies-and-commitments/">Policies & Commitments</a></li><li class="desktop-navigation-sub-sub-item "> <a class="menu-link menu-link-sub-sub-level" href="https://panamericansilver.com/sustainability/our-approach-and-performance/goals-performance/">Goals & Performance</a></li><li class="desktop-navigation-sub-sub-item "> <a class="menu-link menu-link-sub-sub-level" href="https://panamericansilver.com/sustainability/our-approach-and-performance/un-sustainable-development-goals/">UN Sustainable Development Goals</a></li></ul><ul class="desktop-navigation-sub-sub-level" data-id="submenu-129"><li class="desktop-navigation-sub-sub-item "> <a class="menu-link menu-link-sub-sub-level" href="https://panamericansilver.com/sustainability/environment/water/">Water Stewardship</a></li><li class="desktop-navigation-sub-sub-item "> <a class="menu-link menu-link-sub-sub-level" href="https://panamericansilver.com/sustainability/environment/biodiversity/">Biodiversity and Land Use</a></li><li class="desktop-navigation-sub-sub-item current-page-item"> <a class="menu-link menu-link-sub-sub-level" href="https://panamericansilver.com/sustainability/environment/climate-change-energy/">Energy and GHG Emissions</a></li><li class="desktop-navigation-sub-sub-item "> <a class="menu-link menu-link-sub-sub-level" href="https://panamericansilver.com/sustainability/environment/tailings-waste-management/">Tailings Facilities & Waste Management</a></li><li class="desktop-navigation-sub-sub-item "> <a class="menu-link menu-link-sub-sub-level" href="https://panamericansilver.com/sustainability/environment/mine-closure/">Mine Closure & Rehabilitation</a></li></ul><ul class="desktop-navigation-sub-sub-level" data-id="submenu-130"><li class="desktop-navigation-sub-sub-item "> <a class="menu-link menu-link-sub-sub-level" href="https://panamericansilver.com/sustainability/social/health-safety/">Health & Safety</a></li><li class="desktop-navigation-sub-sub-item "> <a class="menu-link menu-link-sub-sub-level" href="https://panamericansilver.com/sustainability/social/communities-indigenous-people/">Relationships with Communities & Indigenous Peoples</a></li><li class="desktop-navigation-sub-sub-item "> <a class="menu-link menu-link-sub-sub-level" href="https://panamericansilver.com/sustainability/social/economic-impact/">Socio-Economic Contributions</a></li><li class="desktop-navigation-sub-sub-item "> <a class="menu-link menu-link-sub-sub-level" href="https://panamericansilver.com/sustainability/social/security-management/">Security Practices</a></li><li class="desktop-navigation-sub-sub-item "> <a class="menu-link menu-link-sub-sub-level" href="https://panamericansilver.com/sustainability/social/human-capital-development/">Human Capital Development</a></li><li class="desktop-navigation-sub-sub-item "> <a class="menu-link menu-link-sub-sub-level" href="https://panamericansilver.com/sustainability/social/inclusion-and-diversity/">Inclusion & Diversity</a></li></ul><ul class="desktop-navigation-sub-sub-level" data-id="submenu-131"><li class="desktop-navigation-sub-sub-item "> <a class="menu-link menu-link-sub-sub-level" href="https://panamericansilver.com/sustainability/governance/business-ethics/">Business Ethics</a></li></ul></div><div class="desktop-navigation-sub-col desktop-navigation-sub-col-right"> <noscript><img src="https://panamericansilver.com/wp-content/uploads/2022/04/Sustainability-Reporting-400x200.jpg" class="menu-featured-page-image" alt="Hands Tending to Garden" /></noscript><img src='data:image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20210%20140%22%3E%3C/svg%3E' data-src="https://panamericansilver.com/wp-content/uploads/2022/04/Sustainability-Reporting-400x200.jpg" class="lazyload menu-featured-page-image" alt="Hands Tending to Garden" /><p class="menu-featured-page-title"><a href="https://panamericansilver.com/sustainability/sustainability-reporting/">Sustainability Reporting</a></p><div class="menu-featured-page-description"><p>Browse through Pan American Silver’s current and past sustainability reporting.</p></div><p class="menu-featured-page-link"> <a href="https://panamericansilver.com/sustainability/sustainability-reporting/" class="with-block teal">Learn More <span class="sr-only">about Sustainability Reporting</span> <svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 28.33 17.08" class="pas-arrow-right-short teal"><g id="Layer_2" data-name="Layer 2"><g id="Layer_1-2" data-name="Layer 1"><path stroke="#000000" fill="transparent" stroke-width="2" class="cls-1" d="M0,8.54H26.86m-8.4,7.81,8.4-7.81L18.46.73"/></g></g></svg></a></p></div></div></div></li><li class="desktop-navigation-item "> <a class="menu-link menu-link-top-level" href="https://panamericansilver.com/invest/" aria-haspopup="true" aria-expanded="false">Invest</a><div class="desktop-navigation-sub-row" style="display: none;"><div class="desktop-navigation-sub-content"><div class="desktop-navigation-sub-col desktop-navigation-sub-col-left"><div class="desktop-navigation-main-section-content"><p class="desktop-navigation-main-section-title">Invest</p><div class="desktop-navigation-main-section-description"><p>Pan American Silver provides enhanced exposure to silver through large silver reserves and catalysts to grow silver production.</p></div></div></div><div class="desktop-navigation-sub-col desktop-navigation-sub-col-nav"><ul class="desktop-navigation-sub-level"><li class="desktop-navigation-sub-item " > <a class="menu-link menu-link-sub-level" href="https://panamericansilver.com/invest/" >Overview</a></li><li class="desktop-navigation-sub-item " > <a class="menu-link menu-link-sub-level" href="https://panamericansilver.com/invest/financial-reports-and-filings/" >Financial Reports & Filings</a></li><li class="desktop-navigation-sub-item " > <a class="menu-link menu-link-sub-level" href="https://panamericansilver.com/invest/events-and-presentations/" >Events & Presentations</a></li><li class="desktop-navigation-sub-item has-submenu " data-target-id="submenu-135"> <a class="menu-link menu-link-sub-level" href="https://panamericansilver.com/invest/shareholder-information/" aria-haspopup="true" aria-expanded="false">Shareholder Information</a></li><li class="desktop-navigation-sub-item " > <a class="menu-link menu-link-sub-level" href="https://panamericansilver.com/invest/analyst-coverage/" >Analyst Coverage</a></li><li class="desktop-navigation-sub-item " > <a class="menu-link menu-link-sub-level" href="https://panamericansilver.com/invest/interactive-analyst-center/" >Interactive Analyst Center</a></li></ul><ul class="desktop-navigation-sub-sub-level" data-id="submenu-135"><li class="desktop-navigation-sub-sub-item "> <a class="menu-link menu-link-sub-sub-level" href="https://panamericansilver.com/invest/shareholder-information/dividends/">Dividends</a></li><li class="desktop-navigation-sub-sub-item "> <a class="menu-link menu-link-sub-sub-level" href="https://panamericansilver.com/invest/shareholder-information/paasf/">PAASF</a></li><li class="desktop-navigation-sub-sub-item "> <a class="menu-link menu-link-sub-sub-level" href="https://panamericansilver.com/invest/shareholder-information/audits/">Audits</a></li></ul></div><div class="desktop-navigation-sub-col desktop-navigation-sub-col-right"> <noscript><img src="https://panamericansilver.com/wp-content/uploads/2022/04/Financial-Reports-and-Filings-400x200.jpg" class="menu-featured-page-image" alt="Pan American Silver Employee Working in Mine" /></noscript><img src='data:image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20210%20140%22%3E%3C/svg%3E' data-src="https://panamericansilver.com/wp-content/uploads/2022/04/Financial-Reports-and-Filings-400x200.jpg" class="lazyload menu-featured-page-image" alt="Pan American Silver Employee Working in Mine" /><p class="menu-featured-page-title"><a href="https://panamericansilver.com/invest/financial-reports-and-filings/">Financial Reports & Filings</a></p><div class="menu-featured-page-description"><p>Browse through Pan American Silver’s current and past financial report and filings.</p></div><p class="menu-featured-page-link"> <a href="https://panamericansilver.com/invest/financial-reports-and-filings/" class="with-block teal">Learn More <span class="sr-only">about Financial Reports & Filings</span> <svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 28.33 17.08" class="pas-arrow-right-short teal"><g id="Layer_2" data-name="Layer 2"><g id="Layer_1-2" data-name="Layer 1"><path stroke="#000000" fill="transparent" stroke-width="2" class="cls-1" d="M0,8.54H26.86m-8.4,7.81,8.4-7.81L18.46.73"/></g></g></svg></a></p></div></div></div></li><li class="desktop-navigation-item "> <a class="menu-link menu-link-top-level" href="https://panamericansilver.com/news/" aria-haspopup="true" aria-expanded="false">News</a><div class="desktop-navigation-sub-row" style="display: none;"><div class="desktop-navigation-sub-content"><div class="desktop-navigation-sub-col desktop-navigation-sub-col-left"><div class="desktop-navigation-main-section-content"><p class="desktop-navigation-main-section-title">News</p><div class="desktop-navigation-main-section-description"><p>Keep up to date with the latest announcements. If you have any questions, contact our Investor Relations team.</p></div></div></div><div class="desktop-navigation-sub-col desktop-navigation-sub-col-nav"><ul class="desktop-navigation-sub-level"><li class="desktop-navigation-sub-item " > <a class="menu-link menu-link-sub-level" href="https://panamericansilver.com/news/" >News Releases</a></li><li class="desktop-navigation-sub-item " > <a class="menu-link menu-link-sub-level" href="https://panamericansilver.com/email-alerts/" >Subscribe to Email Alerts</a></li></ul></div><div class="desktop-navigation-sub-col desktop-navigation-sub-col-right"> <noscript><img src="https://panamericansilver.com/wp-content/uploads/2022/05/Climate-Change-and-Energy-400x200.jpg" class="menu-featured-page-image" alt="Pan American Silver Employee Working in the Field" /></noscript><img src='data:image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20210%20140%22%3E%3C/svg%3E' data-src="https://panamericansilver.com/wp-content/uploads/2022/05/Climate-Change-and-Energy-400x200.jpg" class="lazyload menu-featured-page-image" alt="Pan American Silver Employee Working in the Field" /><p class="menu-featured-page-title"><a href="https://panamericansilver.com/sustainability/environment/climate-change-energy/">Energy and GHG Emissions</a></p><div class="menu-featured-page-description"><p>Climate change is a potential threat to our business and many of our Communities of Interest. We are committed to reduce climate risks through innovative solutions to reduce emissions, transform energy supply, and optimize land use.</p></div><p class="menu-featured-page-link"> <a href="https://panamericansilver.com/sustainability/environment/climate-change-energy/" class="with-block teal">Learn More <span class="sr-only">about Energy and GHG Emissions</span> <svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 28.33 17.08" class="pas-arrow-right-short teal"><g id="Layer_2" data-name="Layer 2"><g id="Layer_1-2" data-name="Layer 1"><path stroke="#000000" fill="transparent" stroke-width="2" class="cls-1" d="M0,8.54H26.86m-8.4,7.81,8.4-7.81L18.46.73"/></g></g></svg></a></p></div></div></div></li><li class="desktop-navigation-item "> <a class="menu-link menu-link-top-level" href="https://panamericansilver.com/careers/" aria-haspopup="true" aria-expanded="false">Careers</a><div class="desktop-navigation-sub-row" style="display: none;"><div class="desktop-navigation-sub-content"><div class="desktop-navigation-sub-col desktop-navigation-sub-col-left"><div class="desktop-navigation-main-section-content"><p class="desktop-navigation-main-section-title">Careers</p><div class="desktop-navigation-main-section-description"><p>Our people provide the intelligence, the ideas and the energy that drive our operating and financial performance and inspire our continued progress in sustainable development.</p></div></div></div><div class="desktop-navigation-sub-col desktop-navigation-sub-col-nav"><ul class="desktop-navigation-sub-level"><li class="desktop-navigation-sub-item " > <a class="menu-link menu-link-sub-level" href="https://panamericansilver.com/careers/" >Overview</a></li><li class="desktop-navigation-sub-item " > <a class="menu-link menu-link-sub-level" href="https://panamericansilver.com/careers/join-our-team/" >Join Our Team</a></li><li class="desktop-navigation-sub-item " > <a class="menu-link menu-link-sub-level" href="https://panamericansilver.com/careers/faqs/" >FAQs</a></li></ul></div><div class="desktop-navigation-sub-col desktop-navigation-sub-col-right"> <noscript><img src="https://panamericansilver.com/wp-content/uploads/2022/03/Join-Our-Team-400x200.jpg" class="menu-featured-page-image" alt="Join Our Team" /></noscript><img src='data:image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20210%20140%22%3E%3C/svg%3E' data-src="https://panamericansilver.com/wp-content/uploads/2022/03/Join-Our-Team-400x200.jpg" class="lazyload menu-featured-page-image" alt="Join Our Team" /><p class="menu-featured-page-title"><a href="https://panamericansilver.com/careers/join-our-team/">Join Our Team</a></p><div class="menu-featured-page-description"><p>We offer our people long-term, quality employment with competitive compensation and opportunities for professional development.</p></div><p class="menu-featured-page-link"> <a href="https://panamericansilver.com/careers/join-our-team/" class="with-block teal">Learn More <span class="sr-only">about Join Our Team</span> <svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 28.33 17.08" class="pas-arrow-right-short teal"><g id="Layer_2" data-name="Layer 2"><g id="Layer_1-2" data-name="Layer 1"><path stroke="#000000" fill="transparent" stroke-width="2" class="cls-1" d="M0,8.54H26.86m-8.4,7.81,8.4-7.81L18.46.73"/></g></g></svg></a></p></div></div></div></li></ul></div><div class="col-auto language-toggle"><div class="language-switcher"><div class="gtranslate_wrapper" id="gt-wrapper-22867501"></div></div></div><div class="col-auto search-toggle"> <button type="button" class="search-button" aria-haspopup="true" aria-expanded="false" aria-label="Toggle Pan American Silver Website Search"> <span class="sr-only">Search Pan American Silver</span><i class="fa fa-search"></i> </button></div><div class="col-auto mobile-menu-toggle"> <button type="button" class="toggle-mobile-navigation" aria-haspopup="true" aria-expanded="false" aria-label="Toggle Mobile Navigation"> 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style="background-image:url(data:image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20500%20300%22%3E%3C/svg%3E)"><div class="container banner-container"><div class="row banner-content left"><div class="col-10 col-md-7 col-lg-8 banner-text"><h1 id="image-banner-block_2962dcb4d14eb8cca05d0b59d287f2eb-title" class="image-banner-heading"> Energy and GHG Emissions</h1></div><div class="col-10 col-md-6 col-lg-7 banner-text"><div class="image-banner-description"><p>We are committed to reduce climate risks through innovative solutions to reduce emissions, transform energy supply, and optimize land use.</p></div></div></div></div><div class="linear-gradient"></div></div><div class="lazyload image-banner medium left" data-bg="https://panamericansilver.com/wp-content/uploads/2022/05/Climate-Change-and-Energy-1600x750.jpg" 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class="container banner-container"><div class="row banner-content left"><div class="col-10 col-md-7 col-lg-8 banner-text"><h1 id="image-banner-block_2962dcb4d14eb8cca05d0b59d287f2eb-title" class="image-banner-heading"> Energy and GHG Emissions</h1></div><div class="col-10 col-md-6 col-lg-7 banner-text"><div class="image-banner-description"><p>We are committed to reduce climate risks through innovative solutions to reduce emissions, transform energy supply, and optimize land use.</p></div></div></div></div><div class="linear-gradient"></div></div></header><div class="wp-block-columns is-layout-flex wp-container-core-columns-is-layout-5 wp-block-columns-is-layout-flex"><div class="wp-block-column is-layout-flow wp-block-column-is-layout-flow" style="flex-basis:66.66%"><div id="site-breadcrumbs-block_d090898a80886792a3b925ec7e64d0ff" class="site-breadcrumbs-wrapper "><div class="site-breadcrumbs"><div class="fbc fbc-page"><div class="fbc-wrap"><ol class="fbc-items" itemscope itemtype="https://schema.org/BreadcrumbList"><li itemprop="itemListElement" itemscope itemtype="https://schema.org/ListItem"> <span itemprop="name"> <a itemprop="item" href="https://panamericansilver.com"> Home </a> </span><meta itemprop="position" content="1" /></li><li><span class="fbc-separator">■</span></li><li itemprop="itemListElement" itemscope itemtype="https://schema.org/ListItem"><a itemprop="item" page-parent="43" href="https://panamericansilver.com/sustainability/" title="Sustainability"><span itemprop="name">Sustainability</span></a><meta itemprop="position" content="2" /></li><li><span class="fbc-separator">■</span></li><li itemprop="itemListElement" itemscope itemtype="https://schema.org/ListItem"><a itemprop="item" page-parent="70" href="https://panamericansilver.com/sustainability/environment/" title="Environment"><span itemprop="name">Environment</span></a><meta itemprop="position" content="3" /></li><li><span class="fbc-separator">■</span></li><li class="active post-page" itemprop="itemListElement" itemscope itemtype="https://schema.org/ListItem"><span itemprop="name" title="Energy and GHG Emissions">Energy and GHG Emissions</span><meta itemprop="position" content="4" /></li></ol><div class="clearfix"></div></div></div></div></div><h2 class="wp-block-heading with-border">Our Strategy & Approach</h2><p>Our approach to climate change is to analyze potential transitional impacts to our long-term business plans and to embed carbon dioxide equivalent (CO<sub>2</sub>Eq) emission reduction initiatives into our governance and operational decision-making process in order to establish informed and realistic targets that are aligned with climate science and commitments by the countries where we operate.</p><p>Since 2020, we adopted the Task Force on Climate Related Financial Disclosure’s (TCFD) framework reporting recommendations with an aim to progressively improve the quality and transparency of our climate-related disclosures.</p><p>We are committed to taking actions that will help us achieve our aspirational objective of net zero carbon dioxide equivalent emissions by 2050. We are also committed to reduce our global scope 1 and scope 2 Greenhouse Gas (GHG) emission by at least 30% by 2030 (from a 2019 baseline emissions).</p><h3 class="wp-block-heading" style="text-transform:uppercase">plans, programs, AND Initiatives</h3><ul class="wp-block-list"><li>Ongoing risk assessments to ensure the Company remains well informed on its physical and transition risks as climate models are updated and refined.</li><li>Set periodic goals to reduce CO<sub>2</sub>Eq, invest in connections with the grid to reduce direct fuel consumption, drive the transition to renewable energy sources.</li><li>Develop projects and initiatives that improve energy efficiency and reduce GHG emissions, evaluate and incorporate low-emissions technologies.</li></ul><h3 class="wp-block-heading" style="text-transform:uppercase">2024 Goals</h3><ul class="wp-block-list"><li>Implement projects and initiatives to reduce energy use by 23,000 GJ, which represents approximately 0.3% of the 2024 base case.<sup>(2)</sup></li><li>Implement projects and initiatives to reduce GHG emissions by 2,000t CO<sub>2</sub>Eq which represents approximately 0.5% of the 2024 base case.<sup>(2)</sup></li></ul><p>We are committed to reducing our global scope 1 and scope 2 GHG emission estimates by at least <strong>30% by 2030</strong> (from the amended 2019 baseline emissions, including the Acquired Mines).</p><p></p><p class="footnote"><sup>(1)</sup> The 2023 base case is our projected 2023 GHG emissions and energy use, as calculated using our life of mine plans adjusted for annual production guidance.<br><sup>(2)</sup> The 2024 base case is our projected 2024 GHG emissions and energy use, as calculated using our life of mine plans adjusted for annual production guidance.</p></div><div class="wp-block-column is-layout-flow wp-block-column-is-layout-flow" style="flex-basis:33.33%"><aside id="sidebar-box-block_8bcd2654bed075d48eacc3c51321b256" class="sidebar-box-wrapper overlay-wrapper block-wrapper-margin " role="complementary"><div class="sidebar-box"><div class="sidebar-box-statistics-and-chart"><h2 class="sidebar-box-statistics-and-chart-heading">2023 Highlights</h2><div class="statistics"><div class="statistic"><div class="statistic-number"><div class="count"> 23</div><div class="after"> %</div></div><div class="statistic-description"> reduction in GHG emissions compared to the 2023 base case⁽¹⁾</div><hr class="medium silver margin-small" /></div><div class="statistic"><div class="statistic-number"><div class="count"> 4</div><div class="after"> %</div></div><div class="statistic-description"> reduction in energy use compared to the 2023 base case⁽¹⁾</div><hr class="medium silver margin-small" /></div></div><div class="chart-container"><hr class="silver" /><h2 class="chart-heading">GHG Emissions Intensity</h2><div class="chart-embed"><div id="ghg-emissions-intensity-en" class="highcharts-small"></div></div></div></div></div></aside></div></div><div 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