Energy and Climate Change
We work continuously to improve our energy efficiency and diversify our energy sources. We incorporate energy efficiency into the design of new projects and consider opportunities for renewable energy where feasible. Decision-making incorporates life-cycle assessment, not just initial costs, thereby placing an emphasis on efficiency over the life of the project. Climate change impacts and strategies to address them are a key component of the Environmental Impact Assessment (EIA) process for permitting new mine projects.
As a result, Kinross uses less energy, and has lower greenhouse gas emissions than most of our peers in the mining industry. During 2014 and 2015, we implemented a wide variety of energy efficiency initiatives, which cumulatively have delivered an annualized energy savings of nearly 0.5 million GJ, representing a 2.9% reduction over 2013 operations. Kinross has achieved approximately 34,000 tonnes/year of CO2e savings in 2014 and 2015.
For additional information, see our reports to the Carbon Disclosure Project at www.cdp.net