CSR in the business strategy

IN TERMS OF SUSTAINABILITY, THE STRATEGIC COMMITTEE CREATED IN RESPONSE TO THE COVID-19 CRISIS CONTINUED TO FUNCTION IN 2021, WITH THE AIM OF CARRYING OUT EXHAUSTIVE MONITORING EACH WEEK OF THE RISK MAP AND THE CHANGES IMPLIED BY NEW SCENARIOS AT THE LOCAL, REGIONAL AND NATIONAL LEVELS.

In the last quarter of 2021, a survey was conducted to Company leaders, which sought to identify whether it would be appropriate to reactivate the Sustainability Committee, a group created to incorporate the Company’s strategic level. The objective was to identify, analyze and evaluate the risks and impacts derived from the operations in the areas of influence and with all stakeholders, and to design, implement and monitor actions that guide the organization towards a sustainable model in social, environmental and governance (ESG) dimensions. With the results of that survey at the end of 2021, the Committee met, prioritizing not only strategic issues for the Company’s operation, but also issues of general interest related to sustainability topics that contribute to implementing the corporate strategy and the training of Company leaders. During 2022, the Sustainability Committee will return to its quarterly meetings.

Within the framework of the Social Management System, the Company continued to work on strengthening processes and incorporating policies, procedures and formats that help to continue the responsible execution of its social investments. This is done to strengthen Drummond Ltd.’s commitment to consolidating its systematic, continuous, orderly and comprehensive management of the social risks created by its operations, implementing the best practices in the industry.

In 2021, Drummond Ltd. aligned its Corporate Social Responsibility strategy with the United Nations Global Compact, adopting this initiative with the commitment to promoting the ten universally accepted principles to combat corruption and incorporate the best practices in terms of human rights, labor rights and the environment.

This adherence is an ideal scenario to reiterate the Company’s commitment to work on implementing international standards that improve its practices in terms of sustainability, contributing to the global commitment to strengthening the mining sector in promoting actions that reaffirm the work to make mining responsible and sustainable.

Under the corporate leadership of the Chief Sustainability Officer, the company will continue to implement this strategy, directing its actions toward productive regional development. The projects that are part of this course of action will be vital for the sustainability and viability of the business, bearing in mind that Drummond Ltd. is called to position itself as a change agent, a strategic partner of the region, leading a process for socio-economic transition and a future beyond mining activity.