Our four-step approach to sustainability begins with creating and nurturing a corporate culture based on a vision of environmental stewardship, social progress, economic achievement and ethical, transparent governance.

Step 1

Our first step was to translate vision into values that inform our decision-making and that, ultimately, guide our behaviours as a company and as individuals.

Step 2

The second step was to apply that vision and those values to developing policies and procedures that support sustainability with consistency and rigour, through standardized company-wide systems.

image
image
image
image

Step 3

In the third step, our sustainability practices have focused on materiality: those aspects of our corporate behaviours that most concern our stakeholders. We actively engage our stakeholders and ascertain their priorities - and then focus our efforts on those concerns - we are therefore better positioned to manage risk. An internal materiality assessment began in 2013 and continued through 2015. Stakeholder feedback helps applied to refine our Corporate Responsibility strategy.

We regularly revisit materiality issues and are expanding our materiality assessment to include surveying external stakeholders’ needs and consider Primero’s most significant economic, environmental and social impacts.

Step 4

The fourth step is ongoing engagement. Only by engaging with our stakeholders and including our host communities, can we build strong relationships, develop alliances and maintain a long-term, balanced approach to sustainability. As Primero has grown to become a multi-mine company with international operations, we are undergoing a thorough sustainability policy renewal process.

Materiality and our Key Stakeholders

It is essential to identify the material topics - those economic, environmental, social and governance topics of greatest importance to our stakeholders and to the company - and the threshold at which aspects become relevant enough that they should be reported. While all issues are important, it is valuable to establish the material topics and their priority for our business and our stakeholders.

In 2013, we initiated a series of internal assessments of materiality, based on independent guidelines and standards that follow Global Reporting Initiative (GRI) guidance and best practices for sustainability reporting.

thumb
thumb

Many potentially material risks were identified, and their importance was discussed. The exercise resulted in an initial ranking of these material topics and their priorities for Primero’s business. The list was further refined using the Primero Enterprise Risk Management (ERM) process to plot issues and assess their potential risks.

We repeated the exercises in 2014, this time with Black Fox personnel, to ascertain their issues and priorities. In 2015 we expanded the internal materiality assessments to both sites and our corporate office. We conducted surveys with external stakeholders, and though not specifically about materiality, the feedback received was extremely valuable.

For 2015, we have added three new items to our previous list of material subjects. These are the highest priority items listed below alphabetically

The eight material topics identified are listed below alphabetically, along with the page numbers corresponding to the 2015 Sustainability Report where more comprehensive information for each can be found:

We are pleased with the results of our materiality discussions to date and are committed to proceeding, recognizing that this is a long-term exercise.

  • Subscribe
  • Connect
  • Contact

Subscribe

Email Address *
Mailing Lists *


Connect

TelephoneTelephone Mail

Disclaimer

Read the following disclaimer before continuing:
Please note that you are now entering an “External Website” directly or indirectly maintained by third party provider (“Virtua”) and that you do so at your own risk.

Primero Mining Corp. (“P:TSX”;“PPP:NYSE”;”ASX:PPM”) has no control over the External Site, any data or other content contained therein or any additional linked websites. The link to the External Site is provided for convenience purposes only. When used below “Primero” means Primero Mining Corp. and its affiliates and subsidiaries.

By clicking “Accept” you acknowledge and agree that neither Primero nor third party provider Virtua is responsible, or accepts or assumes any responsibility or liability whatsoever for, the content, the data or the technical operation of the Linked Site. Further, by entering the External Site, you also acknowledge and agree that you completely and irrevocably waive any and all rights and claims against Primero and Virtua and further acknowledge and agree that in no event shall P or Virtua, and their respective officers, employees, directors and agents be liable for any (i) indirect, consequential, incidental, special, compensatory or punitive damages, (ii) damages for loss of income, loss of business profits, business interruption, loss of data or business information, loss of or damage to property, (iii) claims of third parties, or (iv) other pecuniary loss, arising out of or related to the Legal Notice, this disclaimer or the External Site.

By entering the External Site, you further acknowledge and agree that the disclaimer of warranties and limitations of liability set out in this disclaimer shall apply regardless of the causes, circumstances or form of action giving rise to the loss, damage, claim or liability, even if such loss, damage, claim or liability is based upon breach of contract (including, without limitation, a claim of fundamental breach or breach of a fundamental term), tort (including, without limitation, negligence), strict liability or any other legal or equitable theory, and even if Primero and Virtua are advised of the possibility of the loss, damage, claim or liability. The waiver and release specifically includes, without limitation, any and all rights and claims pertaining to the processing of personal data, including but not limited to any rights under any applicable data protection statute(s).

If in any jurisdiction, any part of this disclaimer is held to be unenforceable by a court of competent jurisdiction, such part of this disclaimer shall be restricted or eliminated to the minimum extent and the remaining disclaimer shall otherwise remain in full force and effect.

Please note the information presented is deemed representative at the time of its original release. Changes in historical information may occur due to adjustments in accounting and reporting standards & procedures.

Non-GAAP Information

In addition to disclosing results determined in accordance with GAAP, Primero may also disclose certain non-GAAP information, including certain ratios, operational and miscellaneous data, as well as net income and income per share income that make certain adjustments or exclude certain charges and gains that are outlined in the schedules included in this website. Management believes that this non-GAAP information provides investors with additional information to assess Primero’s operating performance and assists investors in comparing our operating performance to prior periods. Management uses this non-GAAP information, along with GAAP information, in evaluating its historical operating performance.

The non-GAAP information is not prepared in accordance with GAAP and may not be comparable to non-GAAP information used by other companies. The non-GAAP information should not be viewed as a substitute for, or superior to, other data prepared in accordance with GAAP.

Accept | Decline