Lundin Mining is committed to mining responsibly to contribute to a more sustainable world. In partnership with the Foundation, the company is actively integrating sustainability best practices across the organization as well as developing community initiatives that achieve positive social and economic benefits that last.
In 2022, Lundin Mining, with support from the Foundation, developed strategic community investments which assisted 22 local businesses, led to more than 100 jobs, and generated $24 million US. Importantly, $2.6 million USD contributed to household incomes.
The Zinkgruvan mine in Sweden worked closely with the Foundation to provide capacity building and seed funding to local entrepreneurs in the Re:Think program. The program helped kickstart or strengthen small businesses, all while supporting market-ready and mature SMEs to diversify their client base and access financing.
Sustainability was also central to our work in 2022. The Foundation worked closely with Lundin Mining to develop their Focused on the Future: Sustainability Strategy, which integrates, embeds, and improves sustainability best practices across the organization. This strategy provided a framework for Lundin Mining to announce their commitment to reduce interim Scope 1 and Scope 2 greenhouse gas (GHG) absolute emissions by 35% by 2030 compared to the 2019 baseline year*. Setting this 2030 target enables Lundin Mining to validate its climate commitment while it works towards creating a decarbonization pathway strategy for 2050.
In 2023, the Lundin Foundation will continue supporting Lundin Mining in its efforts to embed sustainability processes into corporate systems and company culture and advancing community initiatives focused on economic diversification and lasting impacts.
*interim Scope 1 and Scope 2 GHG absolute emissions reduction target of 35% by 2030 compared to 2019 baseline year
“The Foundation supported Lundin Mining to set in motion a Sustainability Strategy that is essential to the future of our people, communities, and business. Working together, the Foundation has helped Lundin Mining to enhance the health and well-being of the communities in which we operate and strengthen our strategic approach to sustainability.”
– Kristen Mariuzza, SVP, Sustainability, Health & Safety
Technical assistance to help artisanal fishing union sell value-added products to international markets.
Eagle Emerging Entrepreneurs FundUSA
Loan guarantee fund local entrepreneurs.
Formalize support to local small businesses into a scalable model.
Big Bay Responsible Tourism InitiativeUSA
Diversify the local economy by promoting responsible tourism.
Support the development of a strategic plan to achieve financial and operational sustainability.
COVID-19 small business recovery program.
UN Sustainable Development Goals
Our initiatives strive to improve people's lives and protect the planet and are in support of the following UN SDGs: