Endeavour Silver Highlights Progress on its Three-Year Sustainability Strategy in 2023 Sustainability Report

VANCOUVER, British Columbia, May 16, 2024 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (“Endeavour” or the “Company”) (TSX: EDR, NYSE: EXK) made further progress executing its 2022-2024 Sustainability Strategy, as outlined in the Company’s 2023 Sustainability Report, released today.

Entitled “Transformation in Motion”, the report provides insights into Endeavour’s sustainability performance and approach over 2023, including second-year progress highlights against the strategy.

“Since launching our 2022-2024 Sustainability Strategy two years ago, we have completed many significant initiatives and achieved key targets,” stated Dan Dickson, CEO of Endeavour. “In 2023, we transformed more commitments into meaningful impact across our sites and surrounding areas. With the ongoing construction of our flagship mine, Terronera, we’re on the doorstep of a transformation that will bring us closer to becoming a premier silver producer—and our sustainability initiatives have helped set us up for this exciting future.”

Endeavour’s 2022-2024 Sustainability Strategy is centered around three pillars:

• People – Increasing positive social impacts for people in our workplace and in the communities where we operate.
• Planet – Elevating our environmental stewardship to reduce negative impacts, protect ecosystems and support environmental sustainability.
• Business – Operating a trusted, well-performing business by further strengthening the critical foundations that create long-term organizational sustainability.
  

The actions we took in 2023, and achievements made, include the following (all dollar amounts presented below are in U.S. dollars):

People

• Continued implementing safety procedures aligned to ISO 45001, the global standard for reducing occupational injuries and diseases, and recorded a 1.03 reportable injury rate.
• Provided an average of 31 training hours per employee and contractor.
• Made upgrades to our mining on-site facilities, including employee accommodations, food services and enjoyment areas, to create more comfortable experiences for our people.
• Nearly doubled our community investments, to $854,620 which supported initiatives such as road improvement projects, the building of a new community water well, and the delivery of skill-training workshops for local residents.
• Marked the seventh anniversary of our Scholarship Program, with 142 scholarships awarded in 2023 – and 855 since 2017 – to enhance access to education for local students.
• Awarded the ‘Socially Responsible Company’ distinction by the Mexican Center for Philanthropy.

Planet