Our Performance

In achieving the main sustainable management goals of the business and how to keep moving forward.

GOALPERFORMANCECOMMENTS
Update the corporate Sustainability Policy
ICMM COMMITMENT1

Commitment fulfilled

In April 2017 the Board approved the updated Sustainability Policy, which incorporates, among other things, the commitments required by the ICMM.
Strengthen the corporate risk management system.

Commitment fulfilled

The revisions and on-site verification of key risks control performance were strengthened.
Strengthen the policies, procedures and channels to safeguard compliance.

Commitment fulfilled

The Group’s Compliance Model was established with its six key dimensions and distributed throughout the organisation.

 

1 Indicates that this goal is part of the commitments made by Antofagasta Minerals when joining such entity.

GOALSPERFORMANCECOMMENTS
Zero incidents with significant environmental impact.

Commitment
fulfilled

In 2016, there were no incidents with significant environmental impact.
Ensure full execution of the controls (management plans) for all key environmental risks.

Commitment partially fulfilled

96% of the plans were successfully implemented. Partial progress has been made on the remainder.
Generate a standard for the closure of mines
ICMM COMMITMENT1

Commitment 
fulfilled

Approved by the Chief Executive in August 2016.
Progress on the implementation of the corporate biodiversity standard.

Commitment 
fulfilled

A survey was conducted of the species and ecosystems that might be impacted, applying the
new criteria.
Progress on the implementation of the corporate climate change standard.

Commitment 
fulfilled

Projects were identified for increasing the efficiency of each of the operations, and are being analysed according to the abatement curves.
Establishing a compliance plan for all the Group’s environmental commitments.

Commitment 
fulfilled

In 2016, an environmental management model was designed for compliance with legal commitments, which will be implemented and applied across all the Group’s operations.

 

1 Indicates that this goal is part of the commitments made by Antofagasta Minerals when joining such entity.

GOALSPERFORMANCECOMMENTS
Eliminate fatal accidents.

Commitment unfulfilled

An employee lost his life in an accident at Antucoya.
Discuss socio-environmental risks and plans to prevent and control potential emergencies with local stakeholders.
ICMM COMMITMENT1

Commitment fulfilled

A Contingency Plan was produced for Caimanes, which complements the Operations Emergency Plan for the Mauro dam.
Roll-out of the Somos Choapa methodology, of dialogue and contribution to the community,
in all the municipalities of the Choapa Province.

Commitment fulfilled

In 2016, we began to roll out the Somos Choapa methodology in the Los Vilos municipality, thereby covering the whole Choapa Province.  Furthermore, the engagement process methodology was embedded in Antofagasta as well.
Reach an agreement with the Caimanes community and create a joint work plan.

Commitment fulfilled

An agreement approved by the community and the authorities was signed undertaking to comply with court decisions and address the residents’ legitimate concerns, generating a long-term joint work plan.
Generate a grievance system at Group level to address the concerns and worries of communities.
ICMM COMMITMENT1

Commitment fulfilled

Progress was made on standardising the grievance management system and its corporate management.
Eliminate severe social incidents.

Commitment fulfilled

No severe social incidents were recorded in 2016. Progress was made on reaching and implementing the agreements to resolve the Group’s long-standing conflicts.

 

1 Indicates that this goal is part of the commitments made by Antofagasta Minerals when joining such entity.

Case Studies

Performance Data