Ero Copper Publishes 2022 Sustainability Report

VANCOUVER, British Columbia, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Ero Copper Corp. (TSX: ERO, NYSE: ERO) (“Ero” or the “Company”) is pleased to announce the publication of its 2022 Sustainability Report (the “Report”). This Report provides an update on the Company’s strategy, practices, performance and management approach to key environmental, social and governance (“ESG”) topics. The Report is available on the Sustainability section of Ero’s website (www.erocopper.com).

“Our 2022 Sustainability Report highlights the Company’s commitment to creating value for all stakeholders through responsible mining and corporate citizenship,” said David Strang, Ero’s Chief Executive Officer. “As the global decarbonization movement gains momentum and stakeholder interests converge, we firmly believe that upholding strong ESG principles and performance will translate into positive financial outcomes.

“We take immense pride in our position in the evolving copper supply landscape, where carbon-intensity of production is emerging as a defining factor. Consumers’ growing preference for low-carbon goods, as well as the implementation of government policies and cross-border carbon taxes aimed at reducing greenhouse gas emissions, are driving this stratification. With approximately 85% of Brazil’s power sourced from renewable energy, we are proud to produce some of the lowest carbon-intensity copper globally and look forward to expanding our contributions to the green economy with the addition of the Tucumã Project.

“Our commitment to sustainability extends beyond reduction of greenhouse gas emissions. At our Caraíba Operations, we have made notable progress in aligning with the Mining Association of Canada’s Towards Sustainable Mining standard. Additionally, we have made significant strides in (i) improving access to healthcare, (ii) providing support for the mental health of our workforce, (iii) enhancing the diversity of our workforce, and (iv) aligning with the Task Force on Climate-related Financial Disclosures.

“At Ero, we understand that sustainable practices are not only an ethical responsibility but also a catalyst for long-term success. We are resolute in our dedication to maintaining high ESG standards as we pursue a more sustainable future for all.”

2022 ESG HIGHLIGHTS

• Advanced the Company’s alignment with the recommendations of the Task Force on Climate-related Financial Disclosures, including completion of a transition risk scenario analysis
• Advanced alignment of the Caraíba Operations with the Mining Association of Canada’s Towards Sustainable Mining standard, including the completion of a self- assessment
• Advanced a $4.5 million investment in a local hospital clinic expansion project that will serve approximately 70,000 people near the Caraíba Operations
• Provided in excess of 7.5 million cubic meters of water to the communities and farmers near the Caraíba Operations
• Achieved a consolidated process water recycling rate of 91%
• Hired an occupational psychologist to support behavioral safety across the Company’s operations
• At the Caraíba Operations, awarded the Incredible Places to Work Award from Universo Online and the Fundação Instituto de Administração (“FIA”), honouring Brazilian companies with high employee satisfaction

ABOUT ERO COPPER CORP