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2018 CSR Report 2018 ERAMET CSR REPORT

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2018 CSR Report 2018 ERAMET CSR REPORT 2018 CSR Report 2018 ERAMET CSR REPORT “Our vision for the future In 2018, we launched a number of includes a strong ambition: initiatives to improve our to be the best in the business operational performance and our activities we choose to commitment as a responsible company. pursue and to be a responsible company that 2019 will be the year of acceleration creates value and is admired Contents Christel Bories of the in-depth transformation of Chairman and CEO for its strategic, managerial our activities initiated 18 months and social model. ago in order to build a sustainable, high-performance and recognized I. Non-financial performance global player in responsible mining statement and metallurgy and energy 1.1 A diversified mining and metallurgical group and a leader transition.” in its areas of activity ����������������������������������������������������������������������������������������������������������������������6 1.2 Eramet Group’s CSR issues and approach �������������������������������������������������������������������8 1.3 Preservation of the environment ���������������������������������������������������������������������������������������12 1.4 Social and societal commitments of the Group ���������������������������������������������������36 1.5 Governance ����������������������������������������������������������������������������������������������������������������������������������������65 1.6 Methodological note ������������������������������������������������������������������������������������������������������������������74 1.7 Report by one of the Statutory Auditors, appointed as an independent third party, on the consolidated non-financial “Now is the time for action! For maximum efficiency, performance statement in the Management Report ������������������������������������78 Climate change, responsible 13 objectives address 3 core areas: resource management, biodiversity preservation, • a committed player for women social justice, our society is and men (health, safety, dialogue and development of our II. Vigilance Plan facing many challenges. Virginie de Chassey 2.1 Scope and objectives �����������������������������������������������������������������������������������������������������������������82 employees and of our host Director of 2.2 Risk mapping and assessment of subsidiaries ������������������������������������������������������82 Fully aware of the world in communities); Communications 2.3 Risk management ������������������������������������������������������������������������������������������������������������������������85 which it operates through its and Sustainable Systems to monitor the measures implemented and assess 2.4 mining and industrial • a responsible economic player Development their effectiveness ��������������������������������������������������������������������������������������������������������������������������91 (ethical compliance, responsible 2.5 Identification and management of risks related to suppliers activities, Eramet commits. and subcontractors ����������������������������������������������������������������������������������������������������������������������92 management, development of 2.6 Whistleblowing and reporting mechanism �������������������������������������������������������������94 Combining Eramet’s Non-Financial metals in the energy transition, 2.7 Report on the effective implementation of the Vigilance Plan ����������������94 Performance Statement and its circular economy); Vigilance Plan into a single document, this 2018 CSR Report • a committed player for the planet presents the Group’s commitments, (management of our organization, monitoring of key environmental and climate III. Communication on progress – indicators, risks and significant footprint). UN Global compact achievements during the year. 3.1 COP – Reconciliation table �����������������������������������������������������������������������������������������������������96 The implementation of the Group’s 3.2 Support by the General Direction �����������������������������������������������������������������������������������97 In its CSR roadmap, in line with the social commitments is the result of UN Sustainable Development Goals an active and constructive (SDGs) and the Group’s five-year collaboration between the vision, Eramet has set itself Corporate departments and the ambitious and measurable teams working in the field. I would objectives. Defined for the 2018-2023 like to warmly thank all those who, period, they reflect the commitment through their commitment and to being a socially responsible, positive initiatives, have contributed committed and contributing to these results.” company. Through its strategic choices, its actions and its exchanges, Eramet aims to make a positive contribution where it operates. 3 2018 ERAMET CSR REPORT CSR HIGHLIGHTS - 2018 REHABILITATION More than 1 CSR HIGHLIGHTS rehabilitated hectare for 1 cleared hectare 2018 in our mining sites RECOVERY Due to the nature of its mining and industrial activities, and aware COMMITMENT of its strong interaction with the local areas in which it operates, % of the waste TO THE PLANET Eramet is resolutely focused on all matters related to sustainable +90 development and corporate social responsibility (CSR). produced in the High 2018 represented a new stage in the Group’s continuous improvement Performance Alloys approach, as illustrated by the publication of our 2023 CSR Roadmap division recovered and the social and environmental achievements shown opposite. internally or externally recovered 91% of decarbonated power purchased INNOVATION Support for a more responsible value EuGeLi chain: Membership Collaborative REDUCTION in the Responsible innovation project OF ACCIDENTS Minerals Initiative on lithium €7,4M spent -23% through CSR partnerships for local FR2 in recordable development COMMITMENT accidents TO ECONOMIC RESPONSIBILITY COMMITMENT TO PEOPLE 2 HUMAN RIGHTS mining projects Coordination of the in Argentina and collaborative Human Gabon, prepared Rights approach, in accordance DEVELOPMENT EMPLOYEE with adoption with international OF EMPLOYEES COMMITMENT of the signed Policy principles the most in March 2019 demanding in terms of sustainable 71% 65% development employees trained Engagement rate in the world Barometer 4 5 2018 ERAMET CSR REPORT NON-FINANCIAL PERFORMANCE STATEMENT - 1.1 A DIVERSIFIED MINING AND METALLURGICAL GROUP I. NON-FINANCIAL 1.1 A diversified mining and PERFORMANCE STATEMENT metallurgical group and a leader in its areas of activity WHO WE ARE OUR AMBITION > Being in each of our businesses, > Being for our strategic model, Eramet is a key player in metals mining > Developing a mining and among the best admired selective portfolio of value-accretive in terms of performance, profitability and our management system and our societal and transformation, activitivies as well as metallurgical activities. high performance alloys manufacturing. innovation. commitment. OUR VALUE WHERE WE WANT NOS RESOURCES* WHAT WE DO CREATION TO BE IN 2023 FINANCIAL STRENGTH SHAREHOLDERS N I N G N D M I C R E A EBITDA S A T I N €843m A L G E T V A M L U 22% ROCE*** (2018) Mines Mines N E I F Y O €2.5 bn financial liquidity I T R Mines L I A B L €2.3 per share paid in 2018 A Our strategic L Sustainable N I O value creator A U T R S S U T PHYSICAL ASSETS S 39 mining and metallurgical industrial sites Fix / Reposition our least A D K E worldwide N performing assets H A O CUSTOMERS / N L O D I Grow on our attractive SUPPLIERS E €281m industrial CAPEX T R A businesses S V O Turnover N €3.8bn S N Expand our portfolio in metals I T C G for energy transition E Usines N J NATURAL RESOURCES 269 Mt Manganese ore (Gabon) I €2.3bn Group purchases T O Eramet O R Business partner For several decades P M /Clients O Our managerial E of choice 190 Mt Nickel ore (New Caledonia) R V 91% of decarbonated power I P T purchased transformation E R C C 25.7 Mt Heavy Mineral sands content O C N A S (Senegal) T E A U N L Eramet/ T A L V customers Y G Lithium (« LCE**) drainable I M I N 9.9 Mt P R O P plants O V E L COMMUNITY resources (Argentina) I N G D E V P E R F O R M A N C E paid by our 9 Mt Ni content (held at 43% by Eramet) €122m Weda Bay Indonesia companies active in the extractive Aubert Erasteel industry to local government (mainly & Duval taxes and royalties) in 2017****) Committed & Our activities contributive corporate citizen €7,4m spent through OUR PEOPLE 13,000 people in 20 countries local CSR partnerships The main driver of our performance 22% of female managers EMPLOYEES RESEARCH AND -23 % FR2 in recordable €60m R&D spend DEVELOPMENT accidents Home for best Integrated R&D centers, across people (in-house R&D) 300 71 % employees trained talents the value chain from mining to products, including digital transformation R&D AND INNOVATION PARTNERS STAKEHOLDERS SBF 120 listed company Eramet also develops strong growth AND RELATIONSHIP Local territories as 25 ongoing European potential activities such as lithium collaborative projects shareholders, customers, suppliers, shareholders of our main subsidiaries: Manganese extraction and recycling, which will play 34% New Caledonia (SLN), 29% Gabon Mining people, local communities, Nickel Entrepreneur a critical role for the energy transition (Comilog), 10% Senegal (GCO) Transformation government and regulators Minerals Sands and tomorrow’s mobility. Long term relationship Lithium with customers Erasteel Aubert & Duval * Eramet Resources includes 6 ‘capitals’ in line with
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