At Silvercorp, we understand that our operations have an impact on the environment and that it is our duty to mitigate, minimize, and prevent the risks and impacts associated with our operations, and invest in sustainable development initiatives that will last beyond the life of our mine. Our approach to our environmental goals is rooted in strong management and standards that guide our efforts at all levels of our company. At Silvercorp, we not only build “Green Mines,” but build lasting systems that maximize the efficiency of our operations. We are committed to limiting our energy consumption and emissions, water use, waste, and tailings, and instating strong biodiversity protection and land reclamation initiatives.


We believe that strong management is the key to lasting success, so we established the ESG Management Center, putting senior management directly in charge of decision-making. The ESG Management Center supervises, identifies, and mitigates the environmental risks of our mining districts and works with our subsidiaries to implement environmental management systems across the organization. Both our Ying Mining District and GC Mine received the environmental management system ISO 14001 certification and continue to pass the annual inspection.


For more information on our environmental management, click here.

Click here for the 2023 Performance Data tables.

P10 河南公司风景照


Tailings are the materials left over from the processing of mined ore and are stored in a tailings management facility (TMF). Silvercorp follows international tailings standards and policies in accordance with the relevant design requirements, operational plans, and technical specifications. Comprehensive procedures and protocols are in place to focus on the safety and environmental risks associated with TMFs, with safety as our foremost concern. Silvercorp has formalized policies and systems for the TMF management system to standardize best practices and risk-based approaches to tailings management. We maintain a real-time monitoring system to oversee crucial technical data within our TMF and regularly conduct safety inspections. Independent regulatory authorities are consulted to monitor and assess potential hazards in TMFs, ensuring top-tier safety management.


In Fiscal 2023, Silvercorp had zero safety accidents at its TMFs.


For more information on our approach to tailings management, click here.

Click here for the 2023 Performance Data tables.

Ying TMF Ariel View


Water management is an important aspect of our overall environmental management, and we have created operation specific water management systems that outline specific processes that will aid in reducing our consumption of water, and in the recycling and repurposing of our treated wastewater. The company recycles and integrates treated water from its mines for use in its processing plants, dust suppression, landscaping, agriculture, and irrigation, to meet its goal of reducing freshwater consumption. We also implement innovative technology to improve efficiency and improve the monitoring of discharged pollutants.


For more information on our approach to water management, click here.

Click here for the 2023 Performance Data tables.



Climate Change


The increased frequency of extreme weather events, such as torrential rains, floods, and typhoons, can lead to the interruption of operations or even the closure of mines, the washing out of roads, and dam failures due to rising water levels in TMFs. It could cause the Company's production capacity to decline, cause injury to employees/contractors, or bring environmental problems.


Changes in precipitation and extreme fluctuations in weather patterns can lead to higher infrastructure costs (e.g., extended construction periods, damage to equipment) and higher insurance costs for equipment and personnel.


China will introduce a quota system for carbon emissions, which could increase compliance costs if companies are included in the national carbon trading market as key emitters.


Stakeholders are paying more attention to the Company's response to climate change, natural resource consumption, etc., and if the efforts do not meet expectations, it may have a negative impact on the Company's reputation.


If downstream customers investigate the carbon emission intensity of unit products, it will increase the uncertainty of the Company's business sales and cause corresponding market risks.



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