Forging the Path Forward

2022 ESG Report

Governance

Good governance has been fundamental to our progress on the goals outlined in our Sustainability Strategy. 

From ethical behaviour and accountability to operational compliance and transparency to safety and well-being, our work is guided by a comprehensive suite of corporate policies. As we forge the path forward, we are committed to ensuring our policies, standards and procedures continue to reflect our commitment to operational excellence and support our success into the future.

Governance Report (PDF)

“Achieving New Gold’s environmental and social goals requires a strong governance structure. New Gold’s governance structures, both at the Board of Directors and management levels, provide leadership for our sustainability strategy and also provide the accountability necessary to comply with our social and environmental obligations and achieve our objectives.”

Sean Keating
Vice President, General Counsel and Corporate Secretary

2022 Performance Highlights

38%

female representation on Board of Directors


4

new ESG Strategy Statements


Updated

and implemented company-wide Code of Business Conduct Training

Governance Stories

Here are some Governance highlight stories from our work in 2022.

View all stories in the Governance Report (PDF)

Environment and Social Compliance

Through site operating standards and procedures, we are able to identify best practices, fulfill our commitments to environmental management, social management and mine closure, and work toward operational excellence.

Completion of C-Zone Permitting

In October 2022, New Afton received the Mines Act M229 Permit Amendment. 

This updated permit allows for mining of the C-Zone ore body as well as the continued deposition of Thickened and Amended Tailings into the Historic Afton Open Pit – and comes after a substantial effort over the last several years by many qualified professionals, including employees and consultants. 

Our positive working relationship with Skeetchestn Indian Band, Tk’emlúps te Secwépemc and Stk‘emlúpsemc te Secwépemc Nation (SSN), the Nlaka’pamux National Tribal Council, and other interested local stakeholders has helped enable this milestone achievement and we thank all those involved. 

Within the parameters of the New Gold SSN partnership, consent-based decision making was completed in early 2022 to ensure that all necessary parties were aligned on the steps forward. Working with the Ministry of EMLI, geotechnical, geoscience, reclamation and closure plan details were determined to help ensure risks are adequately mitigated. 

The milestone C-Zone permit achievement has been reached as a result of the support of the entire site and is truly representative of New Gold’s values-based approach to ensuring environmental, traditional knowledge and safety values are recognized and managed effectively.

Strategy Statements

New Gold’s Sustainability Strategy, in particular the development of specific objectives to accompany our ambitious goals, can be found in the commitments outlined in our Strategy Statements, which help provide direction and identify key successes.