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Sustainability
Our Sustainability Director, Nick Shirley, introduces the company’s approach to sustainability:
“Sustainability is at the core of our business values, and we appreciate the importance of its integration into all our activities, business strategy and planning. Our purpose is to produce base metals, essential for modern living, profitably in a safe and sustainable environment for all our stakeholders.
We continue to engage with our stakeholders and work to further progress our disclosure on our sustainability activities, performance, challenges and achievements.
Sustainability covers wide-ranging aspects, primarily categorised into responsible stewardship, health safety, our people, the environment and our communities, and our efforts in these areas are fully integrated within our operations.”
MISSION STATEMENT
CAML believes sustainability to be essential and integral to our business strategy, our stakeholders and our shareholders.
We will:
- operate our projects in line with leading standards of health, safety and environmental management and engage with our stakeholders in a fair, open, informed and transparent manner;
- operate in full compliance with the laws and regulations of the countries in which we are located, and work towards compliance with best practice international standards;
- regularly review and report on progress and ensure that this statement remains relevant to the needs of our stakeholders;
- conduct regular audits of our operations to ensure compliance with these principles, policies and standards; and
- strive for continual improvement by having executive and non-executive review of our sustainability performance.
This performance will be communicated in a transparent manner to all relevant internal and external stakeholders.
Our Sustainability Framework
- Highest Priority
- 1. Environmental compliance and management
- 2. Responsible waste and tailings management
- 3. Occupational health and safety
- 4. Responsible water management
- 5. Local employment, community development and socio-economic contribution
- High Priority
- 6. Community engagement
- 7. Labour rights, relations and remuneration
- 8. Air quality and emissions including GHG / energy consumption
- 9. Anti-bribery and corruption compliance
- 10. Employee retention and development
- 11. Biodiversity
- 12. Responsible supply chain
United Nations Sustainable Development Goals (Un SDGs)
The UN SDGs address a wide range of issues, such as improving economic growth, furthering education, reducing poverty, promoting gender equality, tackling climate change and encouraging good corporate governance. All businesses, and more specifically minerals extraction companies, have an important role to play in achieving the SDGs.
We believe we can contribute to several of the SDGs both in terms of increasing positive impact and minimising negative impact, so have mapped the underlying targets to our activities and considered their alignment to our overall strategy and defined a two-tiered approach. This aims to differentiate the goals to which CAML can make a most significant contribution (‘primary’) from those which still have strong relevance to our business (‘supporting’). We have identified a total of eight SDGs (five primary and three supporting) which are reflected in CAML’s material topics.
Primary
No Poverty
We prioritise local employment in regions where opportunities are sparse and are committed to providing support to the communities close to our operations, where it is needed. Through the transparent payment of taxes, we support economic development in our countries of operation.
Primary
Good Health and Well-Being
We have a steadfast commitment to safety, underpinned by robust policies and systems, and aim to achieve a zero-harm workplace. The Company has a range of initiatives and resources to promote and improve wellbeing amongst our workforce and in the local communities.
Secondary
Quality Education
We provide professional development, vocational training and retraining courses to our employees and contribute to broader education through the provision of community training programmes, scholarships and investment and support for local schools.
Secondary
Affordable and clean energy
By producing the metals which play a key role in transmitting renewable power, and therefore contribute positively to the energy transition, we aim to play our part to global decarbonisation. Improving energy efficiency is a key focus of the Company.
Primary
Decent work and economic growth
We contribute to the economic growth of our countries of operation through the provision of employment opportunities and fair wages, the transparent payment of taxes and preferential local procurement. We are committed to upholding human rights in our workforce, as well as through our supply chains and to respect and abide by all applicable laws regarding modern slavery, child labour and human trafficking.
Primary
Industry, innovation and infrastructure
We have implemented a number of resource-use efficiency initiatives. In addition to this, we are focused on renewable energy acquisition or generation and fuel improvements. At Kounrad, we are constructing a solar farm to replace 16% of the project’s energy consumption with renewables.
Primary
Responsible Consumption and Production
Our operations in Kazakhstan are based on the concept of circularity by producing copper from historical waste dumps. We are committed to proactively working to reduce and recycle non-mineral, hazardous and non-hazardous material waste and preventing or reducing pollution.
Primary
Climate Action
We recognise our responsibility, as a contributor of greenhouse gas emissions, to identify and implement programmes to minimise energy usage and increase use of renewable energy where possible, as well as to mitigate and adapt to the impacts of climate change throughout the value chain.