Sotkamo Silver AB 2024 IR

The report highlights Sotkamo Silver's operations and sustainability performance for the fiscal year 2024. During the year, the company achieved Level A in all categories of Finland's Towards Sustainable Mining (TSM) system, reflecting significant progress in its sustainability processes. Despite underground mining challenges that lowered silver production to approximately 1.17 million ounces, net sales increased by 1% to SEK 412 million, supported by favorable metal prices. Sotkamo Silver also initiated a double materiality assessment to prepare for the Corporate Sustainability Reporting Directive (CSRD) and successfully negotiated a new environmental collateral agreement, releasing SEK 40 million in cash collateral.

Company: Sotkamo Silver AB

Sector: Materials

Country: Sweden

Year: 2024

Type: IR

Pages: 91

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Sotkamo Silver AB

Sotkamo Silver AB 2024 Annual and Sustainability Report

Annual And Sustainability Report

The report highlights Sotkamo Silver's operations and sustainability performance for the fiscal year 2024. During the year, the company achieved Level A in all categories of Finland's Towards Sustainable Mining (TSM) system, reflecting significant progress in its sustainability processes. Despite underground mining challenges that lowered silver production to approximately 1.17 million ounces, net sales increased by 1% to SEK 412 million, supported by favorable metal prices. Sotkamo Silver also initiated a double materiality assessment to prepare for the Corporate Sustainability Reporting Directive (CSRD) and successfully negotiated a new environmental collateral agreement, releasing SEK 40 million in cash collateral.

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Document Details

Report Year

2024

Reporting Period

Jan 1, 2024 - Dec 31, 2024

Fiscal Year

2024

Type

Integrated Report

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Scope 3:

Net Zero Target

Employees

Sotkamo Silver AB 2024 Integrated Report - Free PDF