Agnico Eagle Mines Ltd.
Industry Group: Precious Metals
Country/Region: Canada
Identifier: TSE:AEM
Agnico Eagle is a gold miner with mines in Canada, Mexico, Finland, and Australia. Agnico operated just one mine, LaRonde, as recently as 2008 before bringing its other mines online in rapid succession in the following years. It merged with Kirkland Lake Gold in 2022, acquiring the Detour Lake and Macassa mines in Canada along with the high-grade, low-cost Fosterville mine in Australia. It produced more than 3.4 million gold ounces in 2023 and had about 15 years of gold reserves at end 2023. Agnico Eagle is focused on increasing gold production in lower-risk jurisdictions and bought the remaining 50% of its Canadian Malartic mine along with the Wasamac project and other assets from Yamana Gold in 2023.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Precious Metals 12 out of 107
Universe
Global Universe 5074 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Agnico Eagle Mines Ltd. |
21.1
Medium
|
12 out of 107 |
Newmont Corp. |
21.4
Medium
|
13 out of 107 |
Barrick Gold Corp. |
29.5
Medium
|
41 out of 107 |
Zijin Mining Group Co., Ltd. |
36.7
High
|
69 out of 107 |
PT Amman Mineral Internasional Tbk |
37.4
High
|
71 out of 107 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Agnico Eagle Mines Ltd.'s Exposure is High
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Agnico Eagle Mines Ltd.'s Management of ESG Material Risk is Strong
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Top Material ESG Issues for Agnico Eagle Mines Ltd.
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Controversy Rating
Highest Controversy level that has impacted Agnico Eagle Mines Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level