Key non-financial indicators of KGHM Polska Miedź S.A. identified and reported in accordance with the sustainable development concept for 2019-2020
Since 3 September 2019, the Company has been part of the WIG-ESG index, which includes companies from WIG20 and mWIG40 indices on the Warsaw Stock Exchange that observe the principles of corporate social responsibility.
Society | 2019 | 2020 |
---|---|---|
Maintaining membership in WIG-ESG (previously the RESPECT Index) | YES | YES |
Maintaining position in the FTSE4Good Index Series | YES | YES |
0% investment activity without a social dialogue policy | YES | YES |
Conclusion and maintaining of long-term contracts; achievement of a proper sales structure ensuring long-term relations with customers | YES | YES |
Sponsorship and charitable activities in building corporate social responsibility (sponsorship expenses for the purposes of the Company’s promotion and regional support, i.e. sports/culture/science) | PLN 33.3 million | PLN 33.3 million |
Resource efficiency | ||
Ore extraction (wet weight) per mine employee (tonne) | 2 527 | 2 509 |
Production of electrolytic Cu per Company / metallurgical employee (tonne) | 31 / 156 | 30 / 155 |
Maintaining Cu smelting yields (%) | 97,96 | 98,30 |
Zero harm | ||
LTIRF KGHM (Lost Time Injury Frequency Rate KGHM) | 10,3 | 7,3 |
From 19 November 2009 until the final calculation and publication date, i.e. 1 January 2020, the Company was continuously included in the RESPECT Index. Additionally, since September 2018, KGHM Polska Miedź S.A. has been included in the FTSE4Good Index Series, which is part of the group of ethical investment indices taking into account the criteria of corporate social responsibility and ESG risk management. In 2020, for the first time ever and as one of the first companies in Poland, the Company took part in the CDP rating program (previously: Carbon Disclosure Project) focused on communicating the impact of businesses on greenhouse gas emissions.
The new Strategy of KGHM Polska Miedź S.A for the years 2019-2023 comprises 6 strategic areas. One of those areas is “People and the Environment”, which refers, among others, to sustainable development of the Company. Its major objective is to grow based on the idea of sustainable development and safety and to enhance the Group’s image as a socially responsible organisation. The effectiveness of the “People and the Environment” strategic area is measured by:
- a minimum level of annual improvements in LTIFR (for domestic assets) and TRIR (for overseas assets),
- the level of the KGHM Group’s employees’ dedication and satisfaction, based on pre-defined measures being implemented until 2023