THESIS GOLD INC.
Why health and safety is a commercial issue The connection between health and safety and commercial performance is, for Stephen, not merely a philosophical point but an operational imperative.
Aside from being a tragedy, plain and simple, a serious accident on a construction site stops work, traumatises the workforce and costs money. Treating an injury or fatality as a line item on a risk register does not fully capture what happens at the site level in the aftermath of an incident.
“ If somebody gets seriously hurt when you’ re building something, everything stops,” he says.“ And that’ s just to pause for the accident. Then there’ s the emotional impact – what if that’ s your friend that got hurt? If, heaven forbid, a fatality occurs, does the team just snap right back to work after a short pause? Of course they don’ t.”
The link to the broader sustainability agenda is direct too.“ ESG and health and safety are the same category of issues,” Stephen says.“ We want to build responsible projects, which means doing the things that people welcome – jobs, investment, local development, partnership – while being transparent about managing negative externalities and ensuring that column is as small as humanly possible. But we can’ t deliver on that objective through messaging. It’ s not enough to talk about our commitment to doing these things. We have to prove it and, in doing so, be willing to show when we fall short.”
“The casualty rate for mining, 20 or 30 years ago, was horrific. But it has improved dramatically”
Stephen Crozier EVP of External Affairs & Sustainability Thesis Gold Inc.
12 July 2026