Contributing to local communities with active stakeholder engagement programmes
We are active in stakeholder engagement and donating to worthy local causes, as well as further development of its social management system.
The site-based committee, consisting of the CSR Director and the in-country General Directors, meets on a regular basis to discuss community and social related issues and activities. Feedback is routinely shared with our head office in London.
During 2015, we did not receive any complaints from the community or any of our stakeholders. There were two notable visits to site during the year from the Deputy Regional Akim and the new Akim of Balkhash.
During 2015, the CSR Committee with our Chairman undertook a site visit to see various CSR initiatives. The CSR Committee visited the Kounrad School, where we have made a number of contributions including the renovation of the gymnasium and the purchase of equipment for a computer classroom.
During the visit, the CSR Committee also made a commitment to assist with the renovation of the school’s kitchen, and this was completed in 2015. We continue to make social donations, typically with an emphasis on health and education.
Since production commenced in April 2012, we have paid $82 million in taxes to the Kazakhstan government. During 2015, Kounrad Copper Company was ranked first place according to Kazakhstan’s national business rating, for contributing the highest amount of corporate income tax for a medium size business during 2013-2014.