Kinross Gold Corp.
Industry Group: Precious Metals
Country/Region: Canada
Identifier: TSE:K
Kinross Gold is a Canada-based gold producer, producing roughly 2.2 million gold equivalent ounces in 2023. The company had about a decade of gold reserves at the end of 2023. It operates mines in the Americas and West Africa after selling its low-cost Russian operations in 2022 in response to the invasion of Ukraine. The company has historically used acquisitions to fuel expansion into new regions and production growth. In 2022, Kinross purchased the Great Bear project in Canada, which, if developed, could produce an average of more than 500,000 ounces of gold per year for at least a decade.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Precious Metals 25 out of 107
Universe
Global Universe 8027 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Royal Gold, Inc. |
10.9
Low
|
5 out of 107 |
Gold Fields Ltd. |
23
Medium
|
15 out of 107 |
Kinross Gold Corp. |
25.9
Medium
|
25 out of 107 |
Anglogold Ashanti Plc |
34.1
High
|
63 out of 107 |
Zhongjin Gold Corp. Ltd. |
62.4
Severe
|
107 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.
Kinross Gold Corp.'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.
Kinross Gold Corp.'s Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for Kinross Gold Corp.
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What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Kinross Gold Corp.'s ESG Risk Rating in the last three years
Highest Controversy Level