CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc....
Transcript of CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc....
![Page 1: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/1.jpg)
CSR in the APEC Mining Sector
APEC Human Resources Development Working Group
Capacity Building Network May 2011
![Page 2: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/2.jpg)
Disclaimer
“The views expressed in this report are the opinions of the authors and do not necessarily reflect the views of APEC, AIM-RVR CSR Center, and are without prejudice to Member’s rights and obligations under the APEC.”
APEC Project No. HRD 03/2009A Prepared by: Asian Insitute of Manage-Ramon V del Rosario Sr. Center for Corporate Social Responsibility 4/F ACCM Bldg, Benavidez corner Trasierra Streets Legaspi Village, Makati City, Philippines Telefax: (632) 752-1208 Email: [email protected] Website: http://www.rve.aim.edu Prepared for APEC Secretariat 35 Heng Mui Keng Terrace Singapore 119616 Tel: (65) 68919 600 Fax: (65) 68919 690 Email: [email protected] Website: www.apec.org © 2011 APEC Secretariat APEC#211-HR-03.1 ISBN 978-981-08-8501-4
![Page 3: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/3.jpg)
![Page 4: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/4.jpg)
![Page 5: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/5.jpg)
![Page 6: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/6.jpg)
![Page 7: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/7.jpg)
![Page 8: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/8.jpg)
![Page 9: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/9.jpg)
1-1
CORPORATESOCIALRESPONSIBILITYINTHEAPECMININGSECTORINTRODUCTION Background
![Page 10: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/10.jpg)
1-2
ScopeandObjectives
![Page 11: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/11.jpg)
1-3
METHODOLOGY
RoundTableDiscussion
SpecialInterestSession
CaseStudyDevelopment
![Page 12: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/12.jpg)
1-4
EducationalFrameworkDevelopment
CONTENTS
![Page 13: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/13.jpg)
1-5
THEMININGSECTOR
![Page 14: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/14.jpg)
1-6
TheMineLifeCycle BusinessCaseforCSRintheMiningSector
![Page 15: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/15.jpg)
1-7
DEVELOPINGACSRSTRATEGYDefiningCSR
FIGURE 1: THE PYRAMID OF CORPORATE SOCIAL RESPONSIBILITY
![Page 16: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/16.jpg)
1-8
THEECONOMIC,SOCIALANDENVIRONMENTALIMPACTSOFMININGSocialandEnvironmentalImpacts
![Page 17: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/17.jpg)
1-9
![Page 18: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/18.jpg)
1-10
Economic OtherConcerns :
![Page 19: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/19.jpg)
1-11
APECMININGINDUSTRY
![Page 20: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/20.jpg)
1-12
2008г.
Others33%
Australia11%
Russia17%
Philippines5%
Indonesia13%
China5%
Canada16%
FIGURE 2: MINERAL PRODUCERS IN APEC ECONOMIES
![Page 21: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/21.jpg)
1-13
TheOperatingEnvironment:CSRRelevantLawsandInitiatives InternationalInitiatives CorporateInitiatives
![Page 22: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/22.jpg)
1-14
GovernmentInitiatives,PoliciesandLaws
![Page 23: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/23.jpg)
1-15
![Page 24: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/24.jpg)
1-16
FRAMEWORKFORCSRINMININGINTHEAPECREGION
![Page 25: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/25.jpg)
1-16
FRAMEWORKFORCSRINMININGINTHEAPECREGION
1-17
Controlling Stakeholders
CONCERNS
Economic Returns
Regulation Taxes, Development
KEY PLAYERS
Mining Companies
Government
Financiers(Upstream)
Buyers (Downstream)
SocialConcerns
Mediating Stakeholders
Media
NGOs
Multilateral Organizations
Regulation, Revenue Distribution and
Management
Cooperative
-From conflict to cooperation
-Dispute resolution, inc. Independent grievance mechanism
-Research clearing house (fact checking)
-International legal recourse
-Paying for caretaking (multi-level government arm)
-Watch dog functions
Accounting and Valuation, inc. for books and
balance sheets
Metrics & Benchmarks
Budgeting Process
e.g. regulatory
Financial and other risk
STAKEHOLDERS & CONCERNS
Key Stakeholders
Communities
Environment
Performance Monitoring &
Evaluation
SYSTEMSFRAME
Source:Herrera, 2010
Corporate
-Enabling internal staff
-Voluntary nature, reputation effect
-Social license to operate
![Page 26: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/26.jpg)
1-18
![Page 27: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/27.jpg)
1-19
TheMineLifeCycle,Mining’sFootprintsandStakeholders
Footprint
PreExploration
Exploration Extraction RehabilitationDecommissioning
CompanyFinancial
GovernmentIncome
StakeholderConcerns
EffectonStakeholder
Legacy
?
![Page 28: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/28.jpg)
1-20
SUMMARYANDCONCLUSIONS
![Page 29: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/29.jpg)
1-21
![Page 30: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/30.jpg)
1-22
References:
![Page 31: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/31.jpg)
1-23
![Page 32: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/32.jpg)
1-24
![Page 33: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/33.jpg)
1-25
ANNEX1.1:FRAMEWORKFORCSR41
CSR Framework
Source: Alfonso, Herrera and Roman, 2010
BUSINESS CONTEXT
Responsiveness
Effectiveness
FitwithMissionandCoreValues
CSRSTRATEGY
SOCIALVALUE
![Page 34: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/34.jpg)
1-26
Integrating Social Performance
Business Context
Mission andCore Values
Current Enterprise
Assets & Competencies
SHAREHOLDER VALUE
Footprint & Stakeholders
SOCIAL VALUE
Social Assets
Sustainability and Social Values
Strategy
Source: Herrera, 2008
StrategyEngine
HW SW
LW
PerformanceMetrics
Herrera, 2009
![Page 35: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/35.jpg)
1-27
Responsible Business
PhilosophyStrategyOperationsOwnershipStructureIndicatorsEvaluation
Little
Total
Form
al S
truc
ture
& P
roce
ss
AwarenessUnderstandingInvolvementEngagementCommitment
Weak StrongCulture of Responsibility
Weak
Balanced
StrategicAdvantage
Herrera, 2010
![Page 36: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/36.jpg)
1-28
INTEGRATING CSR
CONTEXT
Issues, Objectives, Priorities
CSR Strategy
Elements & Implementation
Stakeholders: Concerns, Issues, Influence
Macro Environment
Corp Giving; Compliance; Value
Chain Mgt.; Strategy; Full Embed
Communication, Giving, Engagement, Partnering and
Collaboration
Evaluation
ContentContextActor
Process
COH
EREN
CE
Consistency of Policies, Accountabilities, Incentives
Players, owners, accountabilities, indicators
BusinessFootprint
Business Situation& Values
Herrera, 2010
![Page 37: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/37.jpg)
1-29
![Page 38: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/38.jpg)
1-30
ANNEX1.2:INTERNATIONALINITIATIVESAA1000 APELL EnvironmentalExcellenceinExploration EquatorPrinciples EthosIndicators
![Page 39: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/39.jpg)
1-31
ExtractiveIndustriesTransparencyInitiative GlobalReportingInitiativeGRI International Council on Mining and Metals (ICMM) Principles for SustainableDevelopment Environmental, Health and Security Guides from the International FinancialCorporation ISO26000
![Page 40: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/40.jpg)
1-32
ISO14000 UnitedNationsGlobalCompact VoluntaryPrinciplesonSecurityandHumanRights
![Page 41: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/41.jpg)
1-33
AN
NEX
1.3
:EN
VIR
ON
MEN
TR
ELA
TED
LEG
ISLA
TIO
N54
Ec
onom
y
Envi
ronm
enta
lIm
pact
M
anag
emen
tD
ecom
mis
sion
ing
and
Reh
abili
tatio
n
Pollu
tion
Mon
itorin
gan
dC
ontr
ol
Oth
ers
Aus
tral
ia
Can
ada
![Page 42: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/42.jpg)
1-34
Indo
nesi
a
Phili
ppin
es
Chi
le
![Page 43: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/43.jpg)
1-35
Chi
na
USA
![Page 44: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/44.jpg)
1-36
A
NN
EX1
.4:S
OC
IAL
REL
ATE
DL
EGIS
LATI
ON
55
Ec
onom
y
Stak
ehol
derP
artic
ipat
ion
Ta
xes,
Roy
altie
s,P
rovi
sion
of
Soci
alD
evel
opm
entP
rogr
am
Indi
geno
usP
eopl
esC
omm
uniti
es
![Page 45: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/45.jpg)
1-37
![Page 46: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/46.jpg)
1-38
AN
NEX
1.5
:SU
MM
AR
YO
FM
AJO
RS
TAK
EHO
LDER
SA
ND
CO
NC
ERN
SPE
RS
TAG
ESt
age
Stak
ehol
ders
So
cial
En
viro
nmen
tal
Econ
omic
![Page 47: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/47.jpg)
1-39
![Page 48: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/48.jpg)
1-40
Endnotes
![Page 49: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/49.jpg)
1-41
![Page 50: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/50.jpg)
![Page 51: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/51.jpg)
Asia-Pacific Economic Cooperation
Case studies
![Page 52: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/52.jpg)
![Page 53: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/53.jpg)
![Page 54: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/54.jpg)
![Page 55: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/55.jpg)
![Page 56: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/56.jpg)
![Page 57: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/57.jpg)
![Page 58: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/58.jpg)
![Page 59: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/59.jpg)
![Page 60: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/60.jpg)
![Page 61: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/61.jpg)
![Page 62: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/62.jpg)
![Page 63: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/63.jpg)
![Page 64: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/64.jpg)
![Page 65: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/65.jpg)
![Page 66: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/66.jpg)
![Page 67: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/67.jpg)
Open pit mining and the proposed South Cotabato Environment Code.
![Page 68: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/68.jpg)
![Page 69: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/69.jpg)
![Page 70: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/70.jpg)
![Page 71: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/71.jpg)
Source: Sagittarius Mines, Incorporated.
Source: Sagittarius Mines, Incorporated.
Source: Sagittarius Mines, Incorporated.
![Page 72: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/72.jpg)
![Page 73: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/73.jpg)
![Page 74: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/74.jpg)
![Page 75: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/75.jpg)
![Page 76: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/76.jpg)
![Page 77: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/77.jpg)
![Page 78: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/78.jpg)
![Page 79: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/79.jpg)
![Page 80: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/80.jpg)
![Page 81: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/81.jpg)
![Page 82: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/82.jpg)
-
- -
-
-
-
-
![Page 83: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/83.jpg)
MSME
![Page 84: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/84.jpg)
![Page 85: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/85.jpg)
![Page 86: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/86.jpg)
![Page 87: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/87.jpg)
![Page 88: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/88.jpg)
![Page 89: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/89.jpg)
![Page 90: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/90.jpg)
![Page 91: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/91.jpg)
![Page 92: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/92.jpg)
8
![Page 93: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/93.jpg)
![Page 94: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/94.jpg)
![Page 95: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/95.jpg)
![Page 96: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/96.jpg)
![Page 97: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/97.jpg)
![Page 98: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/98.jpg)
![Page 99: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/99.jpg)
![Page 100: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/100.jpg)
![Page 101: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/101.jpg)
![Page 102: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/102.jpg)
![Page 103: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/103.jpg)
![Page 104: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/104.jpg)
![Page 105: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/105.jpg)
![Page 106: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/106.jpg)
![Page 107: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/107.jpg)
![Page 108: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/108.jpg)
![Page 109: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/109.jpg)
![Page 110: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/110.jpg)
![Page 111: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/111.jpg)
![Page 112: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/112.jpg)
![Page 113: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/113.jpg)
![Page 114: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/114.jpg)
![Page 115: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/115.jpg)
![Page 116: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/116.jpg)
![Page 117: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/117.jpg)
Programs financed by the Antamina Mining Fund
![Page 118: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/118.jpg)
![Page 119: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/119.jpg)
![Page 120: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/120.jpg)
![Page 121: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/121.jpg)
![Page 122: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/122.jpg)
District of San Marcos
Port Punta Lobitos
District of San Marcos
Port Punta Lobitos
![Page 123: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/123.jpg)
EXHIBIT 4:
![Page 124: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/124.jpg)
Regional Government
v
MINING CANON 50% of Income tax
10%
District of Mining
Operations
Province of Mining
Operations
Department of Mining
Operations
25% 40%
Investment Projects
25%
Regional Government
National Universities
80% 20%
![Page 125: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/125.jpg)
![Page 126: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/126.jpg)
![Page 127: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/127.jpg)
![Page 128: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/128.jpg)
![Page 129: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/129.jpg)
![Page 130: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/130.jpg)
![Page 131: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/131.jpg)
![Page 132: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/132.jpg)
![Page 133: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/133.jpg)
![Page 134: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/134.jpg)
![Page 135: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/135.jpg)
![Page 136: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/136.jpg)
![Page 137: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/137.jpg)
![Page 138: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/138.jpg)
![Page 139: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/139.jpg)
![Page 140: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/140.jpg)
![Page 141: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/141.jpg)
![Page 142: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/142.jpg)
![Page 143: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/143.jpg)
![Page 144: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/144.jpg)
![Page 145: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/145.jpg)
![Page 146: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/146.jpg)
![Page 147: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/147.jpg)
![Page 148: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/148.jpg)
![Page 149: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/149.jpg)
![Page 150: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/150.jpg)
7
![Page 151: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/151.jpg)
![Page 152: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/152.jpg)
![Page 153: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/153.jpg)
![Page 154: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/154.jpg)
-
- -
- -
![Page 155: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/155.jpg)
![Page 156: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/156.jpg)
![Page 157: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/157.jpg)
Japan
Republic of KoreaChinese Taipei
India
Other Asia
European Union 27Other
China
Thailand
India
Japan
Republic of Korea
TOTAL ENERGY Exports A US$20.b
TOTAL MINERALS Exports A US$34.9b
![Page 158: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/158.jpg)
![Page 159: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/159.jpg)
![Page 160: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/160.jpg)
![Page 161: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/161.jpg)
![Page 162: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/162.jpg)
![Page 163: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/163.jpg)
23%
50%
23%
49%
23% 23%
50%43% 43% 43%
32%22%
ISO 14001 Global Reporting Initiative
ILO Conventions OECD MNE Guidelines
AA1000 UN Global Compact
Use now Use in the future
![Page 164: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/164.jpg)
- -
-
-
-
-
-
-
-
-
![Page 165: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/165.jpg)
![Page 166: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/166.jpg)
![Page 167: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/167.jpg)
-
-
-
![Page 168: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/168.jpg)
![Page 169: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/169.jpg)
![Page 170: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/170.jpg)
![Page 171: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/171.jpg)
![Page 172: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/172.jpg)
![Page 173: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/173.jpg)
![Page 174: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/174.jpg)
![Page 175: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/175.jpg)
![Page 176: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/176.jpg)
![Page 177: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/177.jpg)
•
•
•
• • •
•
•
•
•
![Page 178: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/178.jpg)
- - -
- - - -
![Page 179: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/179.jpg)
![Page 180: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/180.jpg)
![Page 181: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/181.jpg)
![Page 182: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/182.jpg)
![Page 183: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/183.jpg)
![Page 184: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/184.jpg)
![Page 185: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/185.jpg)
![Page 186: CSR in the APEC Mining Sector · government arm)-Watch dog functions Accounting and Valuation, inc. for books and balance sheets ... Core Values Current Enterprise Assets & …](https://reader034.fdocument.pub/reader034/viewer/2022051801/5ae4ce487f8b9ae1578b727e/html5/thumbnails/186.jpg)