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On the path to sustainability
TO CONTRIBUTE TO THE SUSTAINABLE DEVELOPMENT OF THE AREAS OF INFLUENCE OF ITS OPERATIONS, THE SUSTAINABILITY MODEL INCORPORATED INTO THE COMPANY’S BUSINESS STRATEGY INCLUDES SOCIAL, ENVIRONMENTAL AND CORPORATE GOVERNANCE DIMENSIONS.
This work begins with the identification and management of each of the material topics associated with the operation in the country, and is aimed at strengthening the capacities of the communities and the direct relationship with its stakeholders, so that the Company generates shared value and a greater positive impact.
Based on its Sustainability Policy,5 Drummond Ltd. reaffirms its commitment to its stakeholders, to sustainable development, to the law and international standards, and to incorporating social responsibility into all of its business activities.
The Company continues to strengthen its strategic vision of “increasing and sharing the benefits of its business project with the stakeholders in its areas of influence, through building and strengthening local capacities,” based on the four core pillars of its work:
5. Drummond Ltd.’s
Sustainability Policy: http:// www.drummondltd.com/ wp-content/uploads/
DLTD-Pol%C3%ADtica-
Sostenibilidad-Feb262020pdf.pdf
PEACE AND HUMAN RIGHTS
Strengthen capacities among stakeholders to build a peaceful, fair and responsible society that promotes respect for human rights. • Training and promotion • Peace and social dialogue • Participation and conflict resolution
ENVIRONMENTAL PERFORMANCE
Strengthen business capabilities that ensure world-class environmental
performance.
• Environmental Sustainability • Conservation and restoration
CONSTRUCTION & STRENGTHENING OF CAPABILITIES
COMPREHENSIVE DEVELOPMENT
Strengthen local capacities for the well-being and prosperity of employees and their families, and the
communities in our area of influence.
• Education and training • Generation of opportunities • Working Enviroment
GOVERNANCE FOR DEVELOPMENT
Strengthen local capacities for greater efficiency in public
planning and management.
• Transparency and citizen oversight • Institutional and community strengthening
Through its Corporate Social Responsibility strategy, Drummond Ltd. incorporates programs and projects into its business activities that contribute to the fulfillment of the U.N. Sustainable Development Goals, based on alignment with the following SDGs:
Alignment of the Environmental, Social and Governance (ESG) and CSR strategies with the SDGs and Drummond Ltd.’s material topics:
DRUMMOND LTD.'S CONTRIBUTION TO ACHIEVING THE SUSTAINABLE DEVELOPMENT GOALS
CORPORATE GOVERNANCE
SOCIAL MANAGEMENT
Corporate governance management Material topics: • Economic performance • Communications management
Peace and human rights Material topic: • Due diligence in human rights
ENVIRONMENTAL MANAGEMENT
Environmental performance Material topics: • Water resource management • Air quality • Protecting biodiversity • Waste management6 Comprehensive development Material topic: • Supplier and contractor management
Comprehensive development Material topics: • Talent management • Workplace health and safety • Relationships with unions • Relationships with communities • Regional participation and relations • Resettlement management
6. Drummond Ltd. recognizes that waste management is a priority for its ESG management; therefore, it manages this issue across its entire operations.