Kinross Reports $4.9B Economic Benefits and Cuts 35,286 Tonnes CO2e with Renewables
KGC•In 2025 Kinross delivered $4.9 billion in economic benefits through government payments, wages, procurement and $19 million in community investments. The company completed 38 energy efficiency projects saving $10.5 million, cut 35,286 tonnes of CO2e, maintained a top 10 sector sustainability score and sourced 23% of energy from renewables.
1. Economic Benefits and Local Impact
Kinross generated $4.9 billion in economic benefits in 2025, including $722 million in government payments, $809 million in wages, $3.3 billion in procurement and $19 million in community investments. Since 2010 the company has contributed $58 billion to host countries, with 99% local employment, 94% local management and 87% local procurement, reinforcing regional economic support.
2. Energy Efficiency and Emissions Reductions
The company implemented 38 energy efficiency projects that yielded $10.5 million in savings, conserved 12 million litres of fuel and 8,925 MWh of energy, and cut 35,286 tonnes of CO2e, representing a 2.4% emissions reduction. Renewable sources accounted for 23% of total energy and 67% of electricity, with Paracatu achieving 94% renewable electricity and Tasiast recycling 20,000 tonnes of steel scrap.
3. Sustainability Rankings and Governance
Kinross maintained a top 10 ranking in the S&P Corporate Sustainability Assessment and secured inclusion in the Dow Jones Best in Class World and North America indices, as well as the S&P Global Sustainability Yearbook for the 13th consecutive year. The company recorded zero tailings breaches for a 33rd consecutive year, achieved AA classification for Paracatu’s tailings, conformed to Responsible Gold Mining Principles for a fifth year and launched a “Mining with Integrity” ethics program.
