Setting the Highest Safety Standard

Strategy and Governance

Vision

Realizing our vision – Together, Creating Sustainable Value – requires committed leadership, sound strategy, good governance and long-term thinking. Our strengths in these areas help provide the foundation for future success.

2016 Highlights

Our Board of Directors appointed a new Chief Executive Officer (CEO), David Garofalo, who strengthened our senior management team and reorganized and refocused the organization to drive net asset value growth.
We announced the appointment of Charlie Sartain to our Board of Directors, effective as of January 1, 2017. Mr. Sartain is a mining engineer with over 30 years of mining experience and was previously the Chief Executive Officer of Xstrata's global copper business.
We are proud to have surpassed the targets set by the Catalyst Accord (target of 25% representation of women on the board by 2017) and the 30% Club Canada (target of 30% representation of women on the board by 2019).

Material Topics Objectives

Communities

Vision

Our vision is to create sustainable, enduring value for our business and stakeholders: value that lasts beyond the operating life of our mines. We value our stakeholder relationships and adopt an approach that is based on mutual benefit, open dialogue, trust and the respect of human rights and the rights of Indigenous Peoples.

2016 Highlights

We became signatories of the Voluntary Principles on Security and Human Rights.
We integrated social risk assessments in our overall risk framework and conducted social risk workshops at four of our sites.
Over 130 sustainability practitioners from across the company as well as executive management and board members gathered for three days of learning, dialogue and knowledge sharing at our Sustainability Summit. Outcomes of the summit reinforced the need to remain focused on our commitment to local employment, procurement and proactive stakeholder engagement.
We were proud to see our commitment to Indigenous relations acknowledged publicly, when we were recognized in the Change Maker category at this year’s Indigenous Works Workplace Inclusion Leadership Awards.

Material Topics Objectives

Our People

Vision

People are our core strength. More than any other factor, our success depends on their capabilities and commitment. We are focused on attracting and retaining experienced and skilled talent with a culture that puts safety at its core and supports people to reach their full potential.

2016 Highlights

We implemented a human resources information system, CORE Employee Central, at our corporate and regional offices and our Porcupine, Musselwhite and Coffee sites.
We completed a global talent review focusing on succession planning, critical roles and the identification of high potential talent.
We completed a large-scale revamp of StepUp, our flagship behaviour-based leadership program, which culminated in a successful pilot with our executive management team.
Our executive and regional management teams, including Mine General Managers, participated in Unconscious Bias training and learned strategies for disrupting and overcoming bias in the workplace.

Material Topics Objectives

Safety and Health

Vision

“Safe Enough for Our Families.” Our safety vision sets the standard that guides our efforts to ensure the safety and health of our people at work, at home and in their communities.

2016 Highlights

We failed to reach our main objective of Zero Fatalities. A thorough investigation was completed after the fatality in our Marlin mine, and we spent the remainder of 2016 focused on improving ground control management at all of our sites.
We experienced a step-change improvement in safety leadership and engagement through the StepIn program. As a result, the quality of employee-led interactions greatly improved and our safety performance as measured by injury frequency rates improved.
2016 saw an increase in the number of incidents we classify as Potential Fatal Occurrences (PFOs). We view this as a positive trend as our employees are getting better at recognizing and reporting conditions and situations that could potentially lead to serious injury or fatality.
All our sites and offices halted production to participate in our fourth annual Day of Remembrance.

Material Topics Objectives

Environmental Stewardship

Vision

We are committed to respecting the environment surrounding our operations for present and future generations. At every stage of the mining life cycle, we work to avoid, reduce or mitigate any negative environmental impacts.

2016 Highlights

We launched an ambitious program, Towards Zero Water (H2Zero), beginning a ten-year journey to drastically reduce our water consumption.
We completed the five-year implementation of our energy strategy and have now incorporated energy management in our Sustainability Excellence Management System (SEMS). Energy efficiency is now a regular consideration at our operations.
We are advancing our research on EcoTails. The EcoTails project is completing the pre-feasibility research phase, with test work underway at Peñasquito and Éléonore.

Material Topics Objectives

Mine Closure

Vision

Our vision is to make mine closure a smooth transition, with careful management of the environmental and socio-economic challenges as the operation moves through reclamation, monitoring, passive care and eventual transfer to the government or surrounding communities. Our goal is to perform comprehensive land reclamation to ensure that the local ecosystem is healthy, thriving and supportive of meaningful uses for nearby communities.

2016 Highlights

We completed mine reclamation at El Sauzal in Mexico, the first mine closure in the country completed under the regulations and standards of the International Cyanide Management Code (ICMC).
Backfill of the Marlin pit was 95% complete, and will be 100% complete in 2017.
We received full relinquishment of permits and closure bonding after successful reclamation at our Daisy mine in Nevada.
We continued remote water and tailings dam monitoring and expanded the remote system to cover all tailings dams at our Equity Silver mine.
We completed the perimeter berm reclamation of the Hollinger open pit at Porcupine.

Material Topics

At Goldcorp, a commitment to responsible mining is central to our values. Together with our stakeholders and the communities in which we operate, we strive to build strong and lasting relationships, drive innovation, improve safety practices and minimize our environmental impacts.

RESPONSIBLE MINING

Look Inside

Leading to Create Long-term Value

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Building Strong Relationships

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Supporting Our People to Reach Their Potential

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Working Towards a Sustainable Future

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Leaving a Positive Legacy

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