Alamos Gold Inc

Lobbying Governance

AI Extracted Evidence Snippet Source

The Technical and Sustainability Committee has key oversight to our Sustainability Governance, including obligations to: [...] • Review management reports on sustainability matters including health, safety, community and environmental matters, and the ESG Report [...] • Monitor management's risk management processes related to sustainability matters and report to the Board on the effectiveness of such processes [...] The VP of Sustainability & External Affairs is the highest executive directly responsible for sustainability matters. The VP of Sustainability & External Affairs reports directly to the COO and provides updates to the T&S Committee on climate-related risks, opportunities, and performance. [...] The T&S Committee of the Board provides oversight of climate change and climate-related impacts. In 2021 for example, the Committee was briefed three times on climate-related issues including Alamos' progress towards adopting the recommendations of the TCFD, a financial analysis of the costs associated with Canada's Output-Based Pricing System on the Company's proposed Lynn Lake Gold Project, and actions being taken to develop Alamos' inaugural carbon reduction target that was completed and announced in Q2 2022. [...] Alamos recently established its Climate Change Steering Committee. The Committee consists of the following key positions: [...] • VP Sustainability & External Affairs [...] • Chief Operating Officer [...] • Chief Financial Officer [...] Responsibilities include: [...] • Review progress of the Climate Change Working Group towards Company goals and initiatives [...] • Provide updates to the Steering Committee [...] • Report to the Board on progress and updates via the T&S and Audit Committees [...] Alamos has recently developed a Climate Change Working Group. This group consists of the following: [...] Responsibilities include: [...] • Review and approve annual updates on Climate Change which will go into external reports [...] • Provide direction on changing Company and industry requirements which need to be taken into account by the working group [...] • Oversight of emerging research, technologies and industry practices that can improve energy efficiency and reduce emissions [...] • Review and approve Authorization For Expenditure as required for specific GHG emission reduction projects.

https://www.alamosgold.com/files/doc_downloads/2023/05/Alamos-ClimateChangeReport.pdf

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]All direct and indirect engagement activities that may influence policy, law or regulation related to climate change are overseen by the Vice President Sustainability & External Affairs. The VP Sustainability & External Affairs also chairs Alamos' Corporate Sustainability Committee comprised of various members of Alamos' executive team including the CEO, COO, CFO and VP Public Affairs. Relevant activities that may influence policy are discussed and agreed with Committee members to ensure they're consistent with Alamos climate change strategy and plans. Committee members are typically the Alamos representatives on external trade associations, and therefore collectively they take a consistent approach on activities that may influence policy.

Members of the Corporate Sustainability team may participate in policy discussions at the direction of the VP Sustainability & External Affairs, and are directly accountable to them. The VP Public Affairs may separately engage in policy discussion on behalf of Alamos, though subject matter related to climate change strategy and energy is reported back to the VP Sustainability & External Affairs and Corporate Sustainability Committee members.

CDP Questionnaire Response 2022

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]No, and we do not plan to have one in the next two years

CDP Questionnaire Response 2023