A Decade of Reporting on Sustainability Topics
Critical to Communities, Stakeholders, and Our Business
TORONTO, June 4, 2025
/PRNewswire/ - New Gold Inc. ("New Gold" or the "Company")
(TSX: NGD) (NYSE American: NGD) is pleased to announce the
publication of its 2024 Sustainability Report. New Gold has
published an annual Sustainability Report since 2015, reporting on
the sustainability-related material topics that matter most to
communities, stakeholders and our business. The 2024 Sustainability
Report is available on New Gold's Sustainability Microsite,
accessible through www.newgold.com.
"2024 was a significant year for New Gold and we see this
reflected in our sustainability practices and performance," stated
Patrick Godin, President and CEO.
"Teamwork and collaboration by employees across the Company saw the
creation of our refreshed Sustainability Strategy and renewed focus
on our sustainability objectives. Across the organization, we
continue to advance our environmental and social performance,
driving value for New Gold, our stakeholders, and the communities
where we operate."
"I'm incredibly proud of our team and the dedication they've
shown throughout the year," added Sophie
Bertrand, Senior Director of Sustainability. "This report is
more than just numbers—it's a reflection of the care, innovation,
and integrity our people bring to sustainability every day. I'm
excited about the progress we've made and the path ahead."
New Gold's 2024 Sustainability Report was prepared in alignment
with the Global Reporting Initiative (GRI) Standards, including the
newly released GRI 14 Mining Sector supplement, the Sustainability
Accounting Standards Board (SASB) Metals and Mining Standards, and
the Mining Local Procurement Reporting Mechanism (LPRM).
2024 Sustainability Highlights
- Across operations, New Gold achieved a 7.8% reduction in Scope
1 and Scope 2 greenhouse gas emissions from 2023, with an overall
reduction of 15% from New Gold's 2020 baseline year. These
reductions were achieved through a range of conservation and
reduction initiatives that are specific to each operation,
including the use of battery electric production vehicles at New
Afton and emissions tracking and mitigation practices at
Rainy River.
- New Gold's total recordable injury frequency rate ("TRIFR")
decreased from 0.80 in 2023 to 0.72 in 2024, achieving the lowest
consolidated TRIFR in New Gold history. Since 2021, New Gold's
TRIFR has decreased by 42%, exemplifying New Gold's safety-first
culture and the commitment to the Courage to Care culture.
- Indigenous employees represent 24% of New Gold's workforce
across operations. The Company is committed to engaging in ways
that foster respectful relationships that are built on trust and
acceptance and promote Indigenous cultural awareness .
- New Gold is proud of its strong commitment to local employment,
helping to foster community prosperity — in 2024, 79% of the
workforce at New Afton and 67% at Rainy
River were hired locally.
- In 2024, New Gold invested over C$765,000 in local communities by supporting
non-governmental agencies, charities and research institutions.
This includes C$412,000 which was
invested through New Gold's formalized Community Investment Program
that strives to go beyond traditional philanthropic practices to
create long-term social and community development in the
communities where New Gold operates.
About New Gold
New Gold is a Canadian-focused intermediate mining Company with
a portfolio of two core producing assets in Canada, the New Afton copper-gold mine and the
Rainy River gold mine. New Gold's vision is to be the most valued
intermediate gold and copper producer through profitable and
responsible mining for our shareholders and stakeholders. For
further information on the Company, visit
www.newgold.com.
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SOURCE New Gold Inc.
