Managing our corporate responsibility

Our Strategy

Our Corporate Responsibility Strategy, launched in 2009, integrates corporate responsibility into our business strategy at each stage of the mine life cycle by establishing: a policy framework to articulate our commitments in specific areas; a Corporate Responsibility Management System (CRMS) to define how these policies are implemented through social, environmental and health and safety programs; Site Responsibility Plans that provide a strategic approach for two-way stakeholder engagement, community investments and partnerships; and measurement and reporting criteria to track progress in each of these areas.

In this way, we have established a systematic and structured approach to managing and measuring corporate responsibility performance across the Company.

That overarching strategic framework for corporate responsibility has been a vital component in the successful integration into Kinross of our new West African assets – Tasiast in Mauritania and Chirano in Ghana – following the acquisition of Red Back Mining Inc. in 2010.

In 2010 and 2011, we realized several accomplishments which advanced our strategy.

  • We implemented SRPs as a Company-wide stakeholder engagement standard designed to build increasingly meaningful and productive relationships with all of our stakeholders in host communities.
  • We became a signatory to the UN Global Compact, underscoring our commitment to engage in the global dialogue on best practices in the areas of human rights, labour, environment and anti-corruption. 
  • We became a supporter of the EITI, a coalition of governments, companies, civil society groups, investors and international organizations that supports improved governance in resource-rich countries through the verification and full publication of company payments and government revenues from oil, gas and mining. All extractive companies operating in EITI-implementing countries are required to disclose payments made to host governments. Mauritania and Ghana, where Kinross operates its Tasiast and Chirano mines respectively, have implemented the EITI.
  • Early in 2012, we became a member of the Devonshire Initiative, a forum for international development NGOs and mining companies to come together in response to the emerging social agenda surrounding mining and community development issues.
  • We implemented a comprehensive Human Rights Adherence and Verification Program that aligns our Company with the objectives of the Voluntary Principles on Security and Human Rights.
  • We developed Supplier Standards of Conduct articulating Kinross’ expectations for supplier conduct regarding the environment, labour, human rights and anti-corruption.
  • We updated our guidelines respecting the Company’s relations with indigenous peoples.
  • We produced and distributed “Responsible Mining and You”, a reference guide that engages our employees in the on-the-ground implementation of our Guiding Principles for Corporate Responsibility.

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