- Net-zero strategy relies on hydroelectric power and offsetting; lack of clear outline on reducing actual emission footprint.
- Limited expertise in sustainability and ESG issues within senior leadership.
- Lack of formal process to promote diversity in leadership positions.
- Shareholders cannot formally vote on executive and Board compensation.
- Approach to hiring and including vulnerable and underrepresented groups needs improvement.
- Need for a tailings storage facility (considering using an existing open pit).
- Wahgoshig First Nation claims traditional rights over the project area.
- Current net-zero ambitions rely on purchasing offsets rather than mitigating action.
- Legal action by First Nations against the Government of Canada for poor consultation practices.
- Potential for additional environmental liabilities from by-products.
Mayfair Gold Corp
Greenhouse gas emissions & sustainability report data
Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2021 | 738 tCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Completed three years of baseline studies (health and safety, climate, water usage, surface water chemistry, groundwater, and biodiversity); planning noise and air baseline studies for 2024.
- Intends to utilize hydroelectric power, aiming for carbon neutrality.
- Closed loop drilling to minimize spills and contamination.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Complete pre-feasibility study (mid-2024).
📅 Medium-term
- Achieve net-zero emissions.
🌱 ESG Focus Areas
Climate ChangeDiversity & InclusionCommunity EngagementGovernanceSafety