[103-1, 103-2, 103-3, 205-1, 205-2, 205-3] [ODS: 16]

Ethical Management

Behaving ethically across the dimensions of strategic planning, sustainable management and operations is a conviction at heart of each project and employee. In 2020, we took this a step further by constructing the Molymet Code of Conduct to guide how we think and what we do. 

 

Our commitment is to ensure that ethics form part of our strategic axes, sustainable management, operations and that they are central to employee behavior and the way our projects are carried out. 

We comply strictly with the Law in each of the countries where we operate – often going beyond the legal requirements – and working in accordance with our Organizational Values Policy – this is the foundation for the prestige and position we hold in the market. 

78%

Evaluated
Areas
in 2020

In terms of their exposure to corruption risks: 

1. Non-compliance Bribery offense (Law 20.393); 2. Fraud; 3. Conflict of interest; 4. Integrity; 5. Bribery between private individuals.  Zero cases of corruption are proof of our ethical behavior. 

We are conscious of the value of integrity 

A key instrument to ensure ethical behavior is our safe and anonymous Ethics Line. Through this communication channel, any stakeholder, whether internal or external, can express doubts or make complaints about any issue which is contrary to our ethical or legal codes of conduct.

 

During 2020 there were 4 complaints: 1 at our Corporate Headquarters and 3 at MolymetNos. They were related to work harassment, material theft, bribery and safety conditions. All were investigated and resolved. 

 

Ethical Management in Chile

The Crime Prevention Model based on Law 20.393 is widely used in employee onboarding and workshops to raise awareness of anti-corruption procedures. In this way we ensure that all our people have a solid understanding of what it means to behave with integrity and follow good corporate practices. 

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