- 2014 Performance
- Future Focus
Hiring and sourcing locally is a key element in building positive, long-term relationships and can provide business benefits through cost reductions and efficiency improvements. We collaborate with our host communities and governments to transform the potential of resource development into sustainable socio-economic development.
Our commitment to provide local economic development opportunities is stated in our Sustainability and Stakeholder Engagement Policy. Guiding our approach is our Local Procurement and Employment Standard, which sets the minimum requirements to proactively plan, manage and monitor our performance throughout the mine lifecycle to ensure our operations create direct and indirect jobs and business opportunities.
Using data from baseline studies and in consultation with stakeholders, all sites are required to develop plans that promote local employability and skills development; diversity of workforce; small business development for locals; and sustainable business opportunities. These plans, which are reviewed annually, define and prioritize objectives and include key performance indicators to measure the programs’ effectiveness and opportunities for improvement.
To ensure programs align with expectations and commitments, as well as community investment strategies, sites are required to regularly communicate to local stakeholders the job and procurement opportunities that are available and the recruiting and procurement procedures we follow.
All suppliers – which range from local community members who weave coconut mats for reclamation to multinational conglomerates – must agree to meet our quality, terms, delivery, service and competitive pricing requirements, as well as conduct business in an ethical, environmentally sensitive and socially acceptable manner. In regions where there may not be enough qualified local suppliers, we work with governments and NGOs – as well as our current suppliers – to support and implement programs that help local businesses improve their capacity to be considered as suppliers to our projects and operations.
In consultation with host communities, we establish local employment targets and, where needed, offer training programs to develop the skills needed for employment at the mine.