Peñoles - Sustainable Development Report 2020

101-2.6, 102-50, 102-51, 102-52, 102-53
With this 20th Annual Sustainable Development Report, which covers the period from January 1st to December 31st, 2020, we invite all our stakeholders—shareholders, customers, suppliers, employees and communities—to learn about Peñoles’ achievements and progress as a socially responsible company, on economic, environmental, social and governance issues. Please send your comments on the content of this report to [email protected]. Both this and previous reports are available for consultation under the sustainability section on our website: www.penoles.com.mx

101-3.1, 101-3.2, 101-3.3, 101-3.4, 102-54-a.i
For 17 consecutive years, we have presented our report in accordance with the content and quality principles established by the Global Reporting Initiative (GRI). This year’s report was prepared in accordance with GRI Standards (2016-2018), so there is no material omission.The GRI was notified about the use of its standards to prepare this report.

We also prepared the report in accordance with the Mining and Metals Sector Supplement and, for the first time, also in accordance with the sustainability standards of the Sustainability Accounting Standards Board (SASB) for the Metals and Mining sector, 2018-10 version.

102-45
This report covers Peñoles’ key operations in Mexico. Some sections include additional information on subsidiary companies, the closure of operations, construction of new facilities and various service areas, all of which is mentioned on a footnote.

102-46-a
Economic, environmental and social aspects relevant to Peñoles were determined through a materiality analysis that took into account the external and internal sustainability contexts, the company’s key issues and the opinion of our stakeholders. Information was based upon contact between these groups and the company, as well as upon information of institutions and specialists in the sector.

1st time

we include the SASB standards of the Metals & Mining sector, andwe are committed to improving the disclosure of this methodology in the following reports.

Sinter work team, Met-Mex plant

101-1.1, 101-1.3.1, 101-2.3, 101-2.4, 102-44
Peñoles’ materiality analysis was conducted according to the following methodology: a) identification of relevant issues for Peñoles considering the external and internal sustainability contexts; b) definition of relevant (material) topics based on the opinion of business leaders and people involved with the various stakeholders; c) validation of the material issues included in the report, and d) review of the content of the report according to the material issues.

a) Identification of relevant issues
External sustainability context
The external elements are factors that have a significant impact on Peñoles’ actions, since they directly or indirectly influence sustainability issues.

EXTERNAL ELEMENTS CONSIDERED

GRI standards and those applicable to the mining sector
Industry risks
Benchmark of sustainability reports for the mining-metallurgical sector
Results of independent external reviews of the company’s Sustainable Development Reports
Evaluation within the Mexican Stock Exchange (BMV) Sustainability Index
The Sustainable Development Goals

101-1.2
Internal sustainability context
Peñoles bases its sustainability strategy on the company’s vision and mission, as well as on its Sustainable Development Policy, a strategic plan containing internal regulations and procedures to measure performance and institutional actions in various areas.

Meet and improve our environmental indicators by operating our processes according to the available best practices and the applicable regulation, to ensure high environmental performance.
Health: Keep our personnel free of occupational illnesses and promote a culture of prevention for illnesses in general, to achieve optimal physical and mental health.
Safety: Maintain a culture of prevention focused on the integrity of our personnel and business continuity. Our safety philosophy is based on the design, maintenance and safe operation of processes, focused on having zero incapacitating accidents, through a management system that ensures efficient, safe and clean operations, within an ethical framework.
Community: To ensure social well being, as well as relations of harmony and trust, to promote a sustainable community devel-opment strategy that comprises a respect-ful work environment in coordination with local communities, authorities and other strategic partners.
Human resources: To be the best option for work, a company employees can feel proud of which dignifies them by offering opportunities for development, respect and recognition in a safe environment and in a climate of teamwork.
Suppliers: To be a strategic partner, whose business relationships are based on good business practices with a deep ethical commitment; in this way, we will establish long-term mutually beneficial relationships.
Customers: To be a strategic partner to our customers, offering comprehensive solutions and inspiring the trust needed to do business over the long term.
Shareholders: To be the best investment option for the medium and long term, with competitive costs, growth and profitabili-ty, guaranteeing the company’s continuity over time.
Strategic planning: Promoting the organi-zation’s current strategic objectives, whose purpose is to create value for our stake-holders.
Integrity and compliance: Framing our operations and business decisions within our culture of integrity.

With the information from the external and internal contexts, we prepared a broad preliminary list of issues that could be included in the report and could be considered reasonably important to reflect the economic, environmental and social impacts of the organization or to influence the evaluations and decisions made by stakeholders. The result was a revised list of issues that are relevant to Peñoles.

b) Definition of material issues
101-1.3.2, 102-44
In order to establish the priorities included in the list, we conducted a weighted evaluation based on the relevance of the issue for the different stakeholders and the organization’s influence on each one of them. They were ordered from highest to lowest, based on the result of the calculation obtained.

MATERIAL ISSUES

By priority for our stakeholders
Category	Aspects
Environment	Water
Environment	Emissions
Social	Local community development programs
Labor	Jobs
Human rights	Freedom of association and collective bargaining
Environment	Supplier environmental management
Labor	Health and safety on the job
Environment	Energy
Environment	Biodiversity
Environment	Waste
Human rights	Indigenous and vulnerable groups rights
Human rights	Human rights
Jobs	Diversity and equal opportunities
Environment	Compliance
Jobs	Work relations
Social	Sites/populations affected by our operations
Human rights	Operations neighboring indigenous communities / vulnerable groups
Suppliers	Supplier social impact evaluation

By the organization’s influence or impact
Category	Aspects
Environment	Water
Economic	Economic performance
Environment	Emissions
Social	Local community development programs
Environment	Energy
Environment	Biodiversity
Labor	Diversity and equal opportunities
Economic	Economic benefit: direct and indirect economic impact
Labor	Jobs
Human rights	Freedom of association and collective bargaining
Environment	Waste
Labor	Strikes and stoppages
Labor	Education and training
Environment	Materials
Human rights	Non-discrimination programs
Económicos	Anticorruption

c) Validation of material issues
101-1.3.1, 101-1.4, 101-2.3, 101-2.4, 101-2.5, 102-44, 102-47
The aspects that are considered material for Peñoles are shown below, in order of importance for our stakeholders, as well as according to the economic, environmental and social impacts on which the company could have an influence.

Economic performance Wages and other benefits; presence in the market, economic benefit; direct and indirect impacts.
- Suppliers: Social impact evaluation; development programs; environmental practices, health and safety assessment of suppliers; procurement practices; labor and human rights.
Environmental performance: Regulatory compliance; materials input; energy and climate change; water; biodiversity; atmospheric emissions; waste; spills and environmental incidents; waste deposits with environmental risks.
Social performance:
- Labor: Employment indicators; diversity and equal opportunities; dignified work and equal pay for men and women.
- Human resources: Labor relations, strikes and work stoppages; talent development: training and preparation; workplace environment and encouraging a sense of belonging in employees; leadership and teamwork.
- Occupational safety and health: Labor practices grievance mechanisms.
- Human rights: Investments to promote respect for human rights; non-discrimination programs; freedom of association and collective bargaining; programs to prevent child or forced labor; rights of the indigenous population and vulnerable groups; operations adjacent to indigenous communities; evaluation, training and grievance mechanisms in human rights.
- Community: Development programs with local communities; land use disputes; mechanisms to resolve land use disputes; closure plans; participation in public policy and lobbying; operations where artisanal mining is carried out; sites/populations affected by operations: complaint and grievance mechanisms; education and public awareness; awards and recognitions; associations to which the company belongs.
Customers: Health and safety; product labeling; marketing communication; customer privacy; regulatory compliance; environmental implications of products.
Corporate governance: Values, stakeholder engagement, integrity and compliance; anti-corruption; sustainability management.
External communications: Interaction with external stakeholders and company reputation.
Innovation and new technologies: Cybersecurity.
Risk management: Sense of urgency regarding the environment and regulatory changes.

The material issues described in this report also fulfill our 15th Communication on Progress (CoP) commitments with regard to the United Nations Global Compact. At the end of this report we provide a table with a description of material issues and compliance with GRI standards, information to meet CoP requirements and the Sustainable Development Goals (SDG).

For the first time, we include the SASB standards of the Metals & Mining sector, and are committed to improving the disclosure of this methodology in the following reports.

d) Review of the contents of the report
In this phase, we aligned the material topics with the issues and content of the reports previously published, in order to have a sequence following the principle of completeness, that includes scope, coverage and time.

Material issues are ordered according to their relevance for our stakeholders and the organization’s influence or impact on each of them.

Reforestation work, near Tizapa unit

101-2.1, 102-46-b
In order to ensure the quality of the report, we followed the following GRI standard reporting principles for the preparation of sustainability reports:

101-1.5, 101-1.7
Accuracy and clarity. The report contains tables, charts, diagrams, and photographs related to each of the material issues with a level of detail that allows the reader to assess Peñoles’ performance on the sustainability topics indicated. For additional information, please visit our website: www.penoles.com.mx

101-1.6.
Balance. This report includes both positive aspects and areas of opportunity, in order to present a real and transparent image of Peñoles.

101-1.8, 101-2.7.1, 101-2.7.4
Comparability. The information included in this report has been organized in such a way as to facilitate the reading of what happened during the reporting year and, when required, of the changes compared to previous years. The purpose is to communicate clearly and consistently each of the indicators and contents reported.

101-1.9, 102-56
Reliability. In order to provide reliability for the information reported, and at the request of the company’s senior management, for the 14th consecutive year this report was assured by an independent third party: Deloitte Asesoría en Riesgos S.C.

101-1.10, 101-2.7.4
Timeliness. Peñoles reports annually to its stakeholders on its performance in material sustainability issues, while also presenting its Annual Report. Both consider the period from January 1st to December 31st, of each year. Peñoles also publishes its financial performance with quarterly reports to the Mexican Stock Exchange.

01-2.7.2, 101-2.7.3
The data presented herein are the result of direct measurements in each key operation, and of information calculated from those measurements, expressed in the metric decimal system. Both data are incorporated to present Peñoles’ global indicators. In the event that data are expressed in indices or rates, a notation of the components considered for their calculation is included. All financial figures are expressed in US dollars.

In order to ensure the quality of the report, we followed the GRI standard reporting principles for the preparation of sustainability reports.

102-56 INDEPENDENT ASSURANCE REPORT

101-1.2, 101-2.2, 102-55, 101-2.6, 101-3.1 GRI CONTENT INDEX

This report has been prepared in accordance with the GRI Standards: Core option. The following index contains the material topics for the Company. Compliance with the require-ments included in GRI 102 is met: General Contents.

Description	Indicator	Page
FOUNDATION	GRI 101
Stakeholder inclusiveness	101-1.1	32, 125
Sustainability Context	101-1.2	131, 125
Materiality	101-1.3	125, 126
Completeness	101-1.4	126
Accuracy	101-1.5	128
Balance	101-1.6	128
Clarity	101-1.7	128
Comparability	101-1.8	128
Reliability	101-1.9	128
Timeliness	101-1.10	128
Applying the reporting principles	101-2.1	128
Reporting general disclosures	101-2.2	18, 21, 38, 41, 47, 51, 52, 71, 75, 131
Identifying material topics	101-2.3	125, 126
Identifying their boundaries	101-2.4	125, 126
Reporting on material topics	101-2.5	18, 21, 38, 41, 47, 51, 52, 71, 75, 81, 89, 126
Presenting information	101-2.6	124, 131
Compiling and presenting information in the report	101-2.7	128
Claims that a report has been prepared in accordance with the GRI Standards	101-3.1	124, 131
Reasons for omission	101-3.2	124
Declaración de uso de estándares seleccionados con una referencia a GRI	101-3.3	124
Notificación a GRI del uso de los estándares	101-3.4	124
GENERAL INFORMATION DISCLOSURE	GRI 102
1. Organizational profile
Name of the organization	102-1	4
Activities, brands, products and services	102-2	4, 7
Location of headquarters	102-3	8
Location of operations	102-4	8
Ownership and legal form	102-5	4
Markets served	102-6	5

Description	Indicator	Page
Scale of the organization	102-7	4, 5, 8, 36, 39, 111
Information on employees and other workers	102-8	39, 40
Supply chain	102-9	10
Significant changes to the organization and its supply chain	102-10	11
Precautionary principle	102-11	20
External initiatives	102-12	24
Membership of associations	102-13	109
2. Strategy and analysis
Statement from the CEO	102-14	13
Key impacts, risks, and opportunities	102-15	20
3. Ethics and integrity
Values, principles, standards, and norms of behavior	102-16	21, 24
4. Governance
Mechanisms for advice and concerns about ethics	102-17	29
Governance structure	102-18	17
5. Stakeholder engagement
List of stakeholder groups	102-40	32, 33
Collective bargaining agreements	102-41	74
Identifying and selecting stakeholders	102-42	32, 33
Approach to stakeholder engagement	102-43	32, 73
Key topics and concerns raised	102-44	125, 126
6. Reporting practice
Entities included in the consolidated financial statements	102-45	8, 36, 111, 124
Defining report content and topic boundaries	102-46	124, 128
List of material topics	102-47	126
Restatements of information	102-48	11
Changes in reporting	102-49	11
Reporting period	102-50	124
Date of most recent report	102-51	124
Reporting cycle	102-52	124
Contact point for questions regarding the report	102-53	124, 137
Claims of reporting in accordance with the GRI Standards	102-54	124
GRI Content Index	102-55	131
External Assurance	102-56	128, 129

Description	Indicator	Page
MANAGEMENT APPROACH	GRI 103
Explanation of the material topic and its boundary	103-1	18
The management approach and its components	103-2	18
Evaluation of the management approach	103-3	18
ECONOMIC PERFORMANCE
Economic Performance	GRI 201
Information on the management approach to economic performance, presence in the market, direct and indirect economic impacts and procurement practices.	103-1, 103-2, 103-3	36
Direct economic value generated and distributed	201-1	36, 111
Defined benefit plan obligations and other retirement plans	201-3	39
Financial assistance received from governments	201-4	31
Market presence	GRI 202
Ratios of standard entry level wage by gender compared to local minimum wage	202-1	38
Indirect economic impacts	GRI 203
Infrastructure investments and services supported	203-1	36, 111
Significant indirect economic impacts	203-2	37, 111
Anti-Corruption	GRI 205
Information on management approach to anti-corruption measures	103-1, 103-2, 103-3	21
Operations assessed for risks related to corruption	205-1	21, 24, 26
Communication and training about anti-corruption policies and procedures	205-2	24
Confirmed incidents of corruption and actions taken	205-3	26, 30, 31
Anti-competitive behavior	GRI 206
Information on management approach to anti-competitive behavior	103-1, 103-2, 103-3	31
Legal actions for anti-competitive behavior, anti-trust, and monopoly practices	206-1	31
ENVIRONMENT
Information on management approach to materials, energy and climate change, water management, biodiversity, emissions, effluents and waste, legal compliance and environmental assessment of Suppliers	103-1, 103-2, 103-3	51,60
Materials	GRI 301
Materials used by weight of volume	301-1	63
Energy	GRI 302
Energy consumption within the organization	302-1	54
Energy consumption outside of the organization	302-2	54
Energy intensity	302-3	55
Reduction of energy consumption	302-4	55
Reductions in energy requirements of products and services	302-5	55

Description	Indicator	Page
Water	GRI 303
Interactions with water as a shared resource	303-1	60
Management of water discharge-related impacts	303-2	62
Water withdrawal	303-3	60
Water discharge	303-4	62
Water consumption	303-5	60, 61
Biodiversity	GRI 304
Facilities adjacent to protected areas and areas of high diversity value outside protected areas	304-1	67
Significant impacts of activities, products or services on biodiversity	304-2	67
Amount of land (owned or rented and managed for production activities or extractive use) impacted or rehabilitated	G4 MM1	67
Number and percentage of total identified sites that require biodiversity management plans according to established criteria and the number (percentage) of those sites with plans in place	G4 MM2	67
Emissions	GRI 305
GHG direct emissions (scope 1)	305-1	56
GHG indirect emissions (scope 2)	305-2	56
Other indirect GHG emissions (scope 3)	305-3	56
Intensity of GHG emissions	305-4	57
Reduction of GHG emissions	305-5	57
Emissions of ozone-depleting substances (ODS)	305-6	57
Nitrogen oxides (NO_x), sulfur oxides (SO_x), and other significant emissions	305-7	58
Effluents and Waste	GRI 306
Water discharge by quality and destination	306-1	63
Waste by type and disposal method	306-2	64
Significant spills	306-3	65
Total amount of overloads, rocks, tailings and waste and their associated risks	G4 MM3	63
Transport of hazardous waste	306-4	65
Water bodies affected by water discharges and/or runoff	306-5	62
Environmental compliance	GRI 307
Non-compliance with environmental laws and regulations	307-1	31, 52
Number of operations with closure plans	G4 MM10	68
Environmental evaluation of Suppliers	GRI 308
New suppliers that were screened using environmental criteria	308-1	43
Negative environmental impacts in the supply chain and actions taken	308-2	43

Description	Indicator	Page
SOCIAL PERFORMANCE
Employment	GRI 401
Information on the employment management approach, the management of labor relations, training and capacity building, diversity and equal opportunities, non-discrimination, freedom of association and collective agreements, child labor, forced labor, security practices (surveillance), rights of the indigenous and human rights.	103-1, 103-2, 103-3	71
New employees hired and employee turnover	401-1	40, 71
Benefits provided to full-time employees that are not provided to temporary or part-time employees	401-2	38
Parental leave	401-3	40
Labor/management relations	GRI 402
Minimum notice periods regarding operational changes	402-1	74
Number of strikes and work stoppages exceeding one week, by country	G4 MM4	74
Occupational health and safety	GRI 403
Information on management approach to occupational health and safety	103-1, 103-2, 103-3	75
Occupational health and safety management system	403-1	75
Hazard identification, risk assessment, and incident investigation	403-2	78
Occupational health services	403-3	81, 84
Worker participation, consultation, and communication on occupational health and safety	403-4	76
Worker training on occupational health and safety	403-5	77
Promotion of worker health	403-6	81
Prevention and mitigation of occupational health and safety impacts directly linked by business relationships	403-7	76, 81
Workers covered by an occupational health and safety management system	403-8	75
Work-related injuries	403-9	78, 79, 80
Work-related ill health	403-10	84
Training and education	GRI 404
Average training hours per year per employee	404-1	72
Modernization programs for employee skills and transition assistance programs	404-2	72
Percentage of employees receiving regular performance and career development reviews	404-3	72
Diversity and equal opportunities	GRI 405
Diversity of governance bodies and employees	405-1	39
Relationship between the base salary and remuneration of men and women	405-2	38
Non-discrimination	GRI 406
Incidents of discrimination and corrective actions taken	406-1	30, 31
Freedom of association and collective agreements	GRI 407
Operations and suppliers in which the right of freedom of association and collective bargaining may be at risk	407-1	42, 74
Child labor	GRI 408
Operations and significant suppliers identified that carry a significant risk of incidents of child exploitation	408-1	38, 42
Forced or cumpulsory labor	GRI 409
Operations and significant suppliers identified that carry a significant risk of incidents of forced or compulsory labor	409-1	42

Description	Indicator	Page
Rights of the indigenous people	GRI 411
Incidents of violations involving rights of indigenous people	411-1	31
Total number of operations taken place in or adjacent to indigenous people's territories.	G4-MM5	91
Human Rights Assessment	GRI 412
Operations that have been subject to human rights reviews or assessments of impacts	412-1	31, 42
Employee training on human rights policies and procedures	412-2	72
Significant investment agreements and contracts that include human rights clauses or that underwent human rights screening	412-3	36
Local communities	GRI 413
Information on management approach to local communities	103-1, 103-2, 103-3	89
Operations with local community engagement, impact assessment and development programs	413-1	89, 90, 92, 93, 99, 106
Operations with significant actual and potential negative impacts on local communities	413-2	99
Number (and percentage) of company sites that operate or are adjacent to the site where artisanal or small-scale mining (ASM) takes place; the associated risks and the actions taken to manage and mitigate those risks	G4 MM8	91
Sites where there are resettlements, number of communities resettled in each one and the involvement of neighbors in this process	G4 MM9	91
Supplier social assessment	GRI 414
Information on management approach to social assessment of suppliers	103-1, 103-2, 103-3	41
New suppliers that were screened using social criteria	414-1	43
Negative social impacts in the supply chain and actions taken	414-2	43
Public policy	GRI 415
Political contributions	415-1	31
Customer health and safety	GRI 416
Information on the management approach to the safety and health of customers, product labeling, and marketing, customer privacy	103-1, 103-2, 103-3	47
Assessment of the health and safety impacts of products and service categories	416-1	47
Incidents of non-compliance concerning the health and safety impacts of products and services	416-2	48, 49
Labeling and marketing	GRI 417
Requirements for product and services information and labeling	417-1	47
Incidents of non-compliance concerning products and services information and labeling	417-2	48, 49
Incidents of non-compliance concerning marketing communications	417-3	48, 49
Customer privacy	GRI 418
Substantiated complaints concerning breaches of customer privacy and losses of customer data	418-1	48, 49
Socioeconomic compliance	GRI 419
Non-compliance with laws and regulations in the social and economic area	419-1	31

GRI-SDG-UNGC RELATIONSHIP

SDG	Goal	GRI
	1.1	207-1, 207-2, 207-3, 207-4
	1.2	202-1, 203-2
	1.3	207-1, 207-2, 207-3, 207-4
	1.4	203-2, 413-2-a
	2.3	411-1, 413-2-a
	3.2	401-2-a
	3.3	403-6-b, 403-10
	3.4	403-10
	3.5	403-6-b
	3.6	403-9-a, 403-9-b, 403-9-c
	3.7	403-6-a, 403-6-b
	3.8	203-2, 403-6-a
	3.9	305-1, 305-2, 305-3, 305-6-a, 305-7, 306-1, 306-2-a, 306-2-b, 306-2-c, 306-3-a, 306-4-a, 306-4-b, 306-4-c, 306-4-d, 306-5-a, 306-5-b, 306-5-c, 306-5-d, 403-9-b, 403-9-c, 403-10
	4.3	404-1-a
	4.4	404-1-a
	4.5	404-1-a
	5.1	202-1, 401-1, 404-1-a, 401-3, 404-3-a, 405-1, 405-2-a, 406-1
	5.2	414-1-a, 414-2
	5.4	203-1, 401-2, 401-3
	5.5	102-22-a, 102-24, 405-1
	6.3	303-1-a, 303-1-c, 303-2-a, 303-4, 306-1, 306-2-a, 306-2-b, 306-2-c
	6.4	303-1-a, 303-1-c, 303-5-a, 303-5-b
	6.5	304-1-a, 304-2, 304-3-a, 304-3-b, 304-4-a
	6.A	303-1-a, 303-1-c
	6.B	303-1-a, 303-1-c
	7.2	302-1, 302-2
	7.3	302-1, 302-2
	8.1	201-1
	8.2	201-1, 203-2, 404-1-a, 404-2
	8.3	203-2
	8.4	301-1-a, 301-2-a, 301-3, 302-1, 302-2-a, 302-3-a, 302-4-a, 302-5-a
	8.5	102-8-a, 102-8-b, 102-8-c, 102-8-d, 202-1, 202-2-a, 203-2, 401-1, 401-2-a, 401-3, 404-1-a, 404-2, 404-3-a, 405-1, 405-2-b
	8.6	401-1
	8.7	408-1, 409-1, 409-1-b
	8.8	102-41-a, 402-1, 403-1-a, 403-1-b, 403-2-a, 403-2-b, 403-2-c, 403-2-d, 403-3-a, 403-4-a, 403-4-b, 403-5-a, 403-7-a, 403-8, 403-9, 403-10, 406-1, 407-1, 414-1-a, 414-2

SDG	Goal	GRI
	9.1	201-1, 203-1
	9.4	201-1, 203-1
	9.5	201-1
	10.3	102-8-a, 102-8-c, 401-1, 404-1-a, 404-3-a, 405-2-a
	10.4	207-1, 207-2, 207-3, 207-4
	11.2	203-1
	11.6	306-1, 306-2-a, 306-2-b, 306-2-c, 306-3-a, 306-4-a, 306-4-b, 306-4-c, 306-4-d, 306-5-a, 306-5-b, 306-5-c, 306-5-d
	12.2	301-1-a, 301-2-a, 301-3-a, 302-1, 302-2-a, 302-3-a, 302-4-a, 302-5-a
	12.4	303-1-a, 303-1-c, 305-1, 305-2, 305-3, 305-6-a, 305-7, 306-1, 306-2-a, 306-2-b, 306-2-c, 306-3-a, 306-4-a, 306-4-b, 306-4-c, 306-4-d, 306-5-a, 306-5-b, 306-5-c, 306-5-d
	12.5	301-2-a, 301-3-a, 306-1, 306-2-a, 306-2-b, 306-2-c, 306-3-a, 306-4-a, 306-4-b, 306-4-c, 306-4-d, 306-5-a, 306-5-b, 306-5-c, 306-5-d
	12.8	417-1
	13.1	302-1, 302-2-a, 302-3-a, 302-4-a, 302-5-a, 305-1, 305-2, 305-3, 305-4-a, 305-5-a
	14.2	304-1-a, 304-2, 304-3-b
	14.3	305-1, 305-2, 305-3, 305-4-a, 305-5-a, 305-7
	15.1	304-1-a, 304-2, 304-3, 304-4-a
	15.2	305-1, 305-2, 305-3, 305-4-a, 305-5-a, 305-7
	15.3	304-1-a, 304-2, 304-3, 304-4-a
	16.1	403-9-a, 403-9-b, 403-9-c, 403-10, 410-1, 414-1-a, 414-2
	16.2	408-1
	16.3	102-16-a, 102-17-a, 206-1, 307-1-a, 416-2, 417-2, 417-3, 418-1, 419-1-a
	16.5	205-1, 205-2, 205-3, 415-1-a
	16.6	102-23, 102-25
	16.7	102-21, 102-22-a, 102-24, 102-29, 102-37, 403-4-a, 403-4-b
	16.10	418-1
	17.1	207-1, 207-2, 207-3, 207-4
	17.3	207-1, 207-2, 207-3, 207-4

GRI-GCP Relationship		Global Compact Principles
GRI-GCP Relationship		Support and respect human rights	Do not be complicit in human rights abuses	Uphold freedom of association and right to collective bargaining	Eliminate all forms of forced and compulsory labor	Abolition of child labor	Eliminate discrimination in respect of employment and occupation	Precautionary approach to environmental challenges	Promote greater environmental responsibility	Encourage environmentally friendly technologies	Work against corruption
SDR GRI	Description	1	2	3	4	5	6	7	8	9	10
201	Biodiversity
202	Emissions
203	Effluents and waste
205	Environmental compliance
206	Environmental evaluation of suppliers
301	Employment
302	Labor-management relations
303	Occupational health and safety
304	Training and education
305	Diversity and equal opportunities
306	Non-discrimination
307	Cumplimiento Ambiental
308	Evaluación Ambiental de Proveedores
401	Empleo
402	Relaciones Empresa-Trabajador
403	Seguridad y Salud Ocupacional
404	Formación y Enseñanza
405	Diversidad e Igualdad de Oportunidades
406	No Discriminación
407	Freedom of association and collective agreements
408	Child labor
409	Forced or compulsory labor
410	Safety practices
411	Rights of indigenous people
412	Human rights assessment
413	Local communities
414	Supplier social assessment
415	Public policy
416	Customer health and safety
417	Labeling and marketing
418	Customer privacy
419	Socioeconomic compliance

SUSTAINABILITY ACCOUNTING STANDARDS BOARD (SASB)

SASB standards are designed to identify a minimum set of sustainability issues most likely to impact the operating performance or financial condition of the typical company in an industry, regardless of location.

For the first time, we present this Report considering the sustainability standards prepared by the Sustainability Accounting Standards Board (SASB) for the Metals and Mining sector, version 2018-10.

Description	Indicador	Page
Greenhouse Gas Emissions	EM-MM-110a
Gross global Scope 1 emissions, percentage covered under emissions-limiting regulations.	EM-MM-110a.1	56, 57
Discussion of long-term and short-term strategy or plan to manage Scope 1 emissions.	EM-MM-110a.2	56, 57
Air Quality	EM-MM-120a
Air emissions of the following pollutants: (1) CO, (2) NO_x (excluding N₂O), (3) SO_x, (4) particulate matter (PM10), (5) mercury (Hg), (6) lead (Pb), and (7) volatile organic compounds (VOCs).	EM-MM-120a.1	NR
Energy Management	EM-MM-130a
(1) Total energy consumed, (2) percentage grid electricity, (3) percentage renewable.	EM-MM-130a.1	54
Water Management	EM-MM-140a
(1) Total fresh water withdrawn, (2) total fresh water consumed, percentage of each in regions with High or Extremely High Baseline Water Stress	EM-MM-140a.1	61
Number of incidents of non-compliance associated with water quality permits, standards, and regulations.	EM-MM-140a.2	62
Waste & Hazardous Materials Management	EM-MM-150a
Total weight of tailings waste, percentage recycled	EM-MM-150a.1	64
Total weight of mineral processing waste, percentage recycled.	EM-MM-150a.2	65
Number of tailings impoundments, broken down by MSHA hazard potential	EM-MM-150a.3	66
Biodiversity Impacts	EM-MM-160a
Description of environmental management policies and practices for active sites	EM-MM-160a.1	67, 68
Percentage of mine sites where acid rock drainage is: (1) predicted to occur, (2) actively mitigated, and (3) under treatment or remediation	EM-MM-160a.2	NR
Percentage of (1) proved and (2) probable reserves in or near sites with protected conservation status or endangered species habitat	EM-MM-160a.3	NR

Description	Indicador	Page
Security, Human Rights & Rights of Indigenous Peoples	EM-MM-210a
Percentage of (1) proved and (2) probable reserves in or near areas of conflict	EM-MM-210a.1	NR
Porcentaje de reservas (1) comprobadas y (2) probables en territorios indígenas o cerca de ellos	EM-MM-210a.2	NR
Discussion of engagement processes and due diligence practices with respect to human rights, indigenous rights, and operation in areas of conflict	EM-MM-210a.3	89, 91
Community Relations	EM-MM-210b
Discussion of process to manage risks and opportunities associated with community rights and interests.	EM-MM-210b.1	89
Number and duration of non-technical delays	EM-MM-210b.2	NR
Labor Relations	EM-MM-310a
Percentage of active workforce covered under collective bargaining agreements, broken down by U.S. and foreign employees	EM-MM-310a.1	74
Number and duration of strikes and lockouts	EM-MM-310a.2	74
Workforce Health & Safety	EM-MM-320a
(1) MSHA all-incidence rate, (2) fatality rate, (3) near miss frequency rate (NMFR) and (4) average hours of health, safety, and emergency response training for (a) full-time employees and (b) contract employees	EM-MM-320a.1	77
Business Ethics & Transparency	EM-MM-510a
Description of the management system for prevention of corruption and bribery throughout the value chain	EM-MM-510a.1	28, 42
Production in countries that have the 20 lowest rankings in Transparency International’s Corruption Perception Index	EM-MM-510a.2	31
Activity Metric	EM-MM-000
Production of (1) metal ores and (2) finished metal products	EM-MM-000.A	6
Total number of employees, percentage contractors	EM-MM-000.B	39
NR = (Not Reported)