Sustainability Policy

Our Commitment

Sotkamo Silver’s sustainability principles form the foundation of all our operations. We strive to operate responsibly from the perspectives of the environment, our stakeholders, customers, and shareholders.

Our sustainability principles are particularly focused on the following three areas: (1) Responsible operations and risk management, (2) Safety and commitment, and (3) Caring for the environment.

Mikko Jalasto
Group CEO
December 2024

Our Sustainability Policy

• Our operations are safe for the company’s employees, the community, contractors, customers, and the environment. We develop and maintain a positive safety culture, behavior, and awareness among our employees and contractors while also encouraging and promoting their well-being.
• We identify and assess risks and impacts on the environment, safety, and the community before taking action and ensure that identified risks and impacts are prevented, minimized, or, in unavoidable cases, mitigated. In terms of risk management, the company is prepared for crisis management and is committed to continuously improving crisis readiness.
• We are committed to preventing the overall loss or degradation of habitats, biodiversity, and ecosystem services resulting from the company’s operations, and we compensate for negative impacts on biodiversity through biodiversity offset measures.
• The planning, construction, and operation of the company's mining waste facilities, including tailings storage facilities and waste rock disposal sites, are carried out safely with minimized accident risks. The closure and rehabilitation of mining areas are conducted to ensure that the site remains safe for people and the environment. Whenever possible, closure activities are implemented in stages.
• We take social and environmental aspects into account in the planning and execution of projects. We strive to continuously improve the efficiency of raw material, energy, and natural resource use and apply the best available technology in each situation.
• We are committed to the goal of the Paris Climate Agreement.
• We are planning actions to achieve carbon neutrality by 2035.
• We engage actively, openly, and honestly with authorities, organizations, and individuals affected by our projects, taking their views into account in our decision-making.
• We respect and value the culture, traditions, interests, and rights of the communities in which we operate.
• We see a diverse workforce as a strength and provide a working environment where everyone is treated equally, fairly, and with respect.
• We conduct mineral exploration with consideration for environmental aspects, landowners, and other interested and affected parties.
• We uphold ethical business practices and either meet or exceed statutory and other requirements where our own standards are more stringent
• We monitor management systems related to safety, health, the environment, and the community, evaluate their effectiveness, and set goals and objectives to ensure continuous improvement.
• We are committed to the TSM Finland sustainability system.