Human Rights Due Diligence (HRDD) is a critical process through which businesses identify, prevent, mitigate, and account for the management of adverse human rights impacts. In line with Pillar II of the UN Guiding Principles on Business and Human Rights (UNGPs), the HRDD process encompasses four key expectations: assessing both actual and potential human rights impacts, integrating and acting upon the findings, tracking the effectiveness of responses, and transparently communicating how these impacts are being addressed.

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Why Does the Company Need HRDD?

• Proactive Risk Management: HRDD ensures the company effectively prevents, mitigates, and addresses adverse human rights impacts, thereby enhancing the GRI disclosure level in the company’s ESG report, reinforcing the company’s commitment to sustainability.
• Competitive Advantage: By adopting HRDD practices, the company gains a significant competitive edge over global competitors in the mining industry, positioning itself as a leader in responsible business practices.
• Social License to Operate: Implementing robust HRDD processes secures the company’s social license to operate, ensuring smooth operations without opposition or interruptions from stakeholders or communities.
• Sustainability Compliance: HRDD aligns with Sustainalytics requirements for both societal and internal sustainability goals, demonstrating the company’s commitment to long-term value creation.
• Mitigation of Reputational Risks: HRDD helps the company avoid allegations of human rights abuses, safeguarding its reputation and ensuring ethical business conduct.

By embedding HRDD into its operations, the company reinforces its dedication to respecting human rights, minimizing risk, and fostering trust with stakeholders.