The mining-metallurgical sector is increasingly competitive, demanding, complex and regulated. Unethical and/or illegal practices involving bribery, corruption, fraud and money laundering negatively impact organizations, hamper their natural development and often can compromise their long-term prospects.
Aware of these hazards, Peñoles has developed specialized programs, strategies and structures to defend the Company’s integrity and ensure the continuity of our operations into the future, becoming a significant differentiator of our environment.
A framework of integrity that distinguishes the Company in terms of its ethical business practices. This framework provides the tools needed by our stakeholders to uphold a culture of ethics in decision making informed by our vision, institutional values and Code of Conduct.
A specialized compliance function to prevent, detect and mitigate risks posed by regulatory noncompliance, external intrusions or improper behavior, which might impact or threaten the Company’s stability, reputation or long-term prospects.
Building willingness among staff and colleagues to report misconduct through a reliable, effective and comprehensive reporting process, while ensuring whistleblowers that they will not suffer reprisals.
Shaping a responsible supply chain. We promote a strong culture of integrity throughout the organization and with our stakeholders: shareholders, customers, personnel, suppliers, and the community, through training programs and strategies based on the conceptual foundations of our Integrity and Compliance Program.
Additionally, our Cybersecurity Program is underpinned by internationally accepted and recognized frameworks and standards. This allows us to practically align technical concepts with Peñoles' business objectives and needs.
Learn more about our Integrity and Compliance Program
Peñoles promotes and guarantees equal opportunities to all employees and upholds respect for diversity by seeking healthy a workplace environment and conditions regardless the employee’s ethnic or national origin, skin color, cultural background, sex, gender, gender identity and expression, age, disability; or social, economic, health or legal status; religion, physical appearance, genetic characteristics, immigration status, pregnancy, language, opinions, sexual orientation, identity, political affiliation, marital status, family situation, family responsibilities, language, criminal history or any other reason.
Expressly enunciates the expected behaviors of staff and stakeholders in their daily business interactions.
Discloses the guidelines and expected behaviors that constitute the standard for the establishment and continuity of business relationships with Industrias Peñoles and its subsidiaries.
Fosters a culture of integrity and zero tolerance for undesirable situations; encourages self-reporting of conflicts of interest, proper handling of personal data and privacy of information, as well as compliance with applicable legislation.
Provides a framework of integrity that fosters a culture attached to the Vision, Values, Code of Conduct, Legislation, and applicable Regulations.