Energy Efficiency, GHG Emissions, Industrial  -  February 8, 2023

Equinox Gold Sets Emissions Target of 25% by 2030

Equinox Gold Corp. announced its target of a 25% reduction in GHG emissions by 2030.

Details are provided in the Company's inaugural Climate Action Report, which is aligned with the disclosure guidelines of the Task Force on Climate-Related Financial Disclosures.    

"Equinox Gold has made substantial progress in understanding our carbon footprint and identifying opportunities for improvement,” said Greg Smith, President & CEO of Equinox Gold, in a statement. “We are implementing initiatives at our producing mines that will reduce GHG emissions and operating costs while also considering GHG emissions mitigation opportunities at our development projects so we can achieve both production growth and our climate-related objectives."

Based on an assessment of existing operations and planned expansions, Equinox Gold determined that diesel combustion in mobile equipment and electricity generation for fixed equipment account for substantially all the Company's GHG emissions. 

Equinox Gold's near-term GHG emissions reduction initiatives are focused on improving the efficiency of its haul trucks, transitioning to lower emissions diesel where supply is available, reducing electricity consumption, and, where possible, sourcing electricity from green power sources.