PEOPLE
MANAGEMENT

04
We promote the development and well-being of people
Our People drive our purpose which translates into ongoing joint work with commitments, goals, initiatives and activities promoting participation by everyone and strengthening long-term relationships.
1.242 Employees

4,1%

Staff turnover

Each subsidiary is autonomous in executing work cycle action plans. However, our people selection process, talent retention and work team diversity are company-wide focuses and challenges.
We prioritize development of our employees and their internal mobility both within their subsidiaries and outside Chile. When we are unable to fill new positions with our own employees, we look to outside attract talent who are a good fit with our company purpose.

Diversity, Equity and Inclusion

Diversity, equity and inclusion (DEI) with in a company fosters perspectives and a work culture where everyone feels equally involved and supported. At Molymet, we bring this concept to life by offering equal opportunities to our employees regardless of their physical appearance, background, beliefs or personal interests, allowing them to feel safe and appreciated for their capabilities and professional development.
During 2022, we initiated the design of a Diversity, Equity and Inclusion Strategy with the aim of boosting the sense of belonging of every employee in our group of companies. We want to strengthen productivity, innovation, and the commitment of our employees while, at the same time, positioning our brand for all our stakeholders inline with our strategic objectives, values and purpose.

14,6%

Of our employes are women.

Equality

We have placed emphasis on gender equality issues and the role of women with in the company because we understand and recognize their importance. Today it is key to have pay equity among Molymet employees, determining remuneration based on their competencies and avoiding any kind of discrimination based on gender or anything else.
4 Women were promoted to leadership positions in 2022
15 Women executives in leadership roles

Performance
evaluation

Infocusing on the professional growth of our employees, we seek to promote a culture of constructive feedback ensuring that at all our subsidiaries everyone has the opportunity to receive and talk about their feedback within an atmosphere of trust.

71%

Employees based on evaluated performance

Talent
management

We promote the talent of our employees, the importance of developing the abilities of each one to better perform their present and future role, both personally and professionally.
The training given this past year included sustainability training, technical training for different positions, leadership programs, English learning, management skills, health and safety, environmental care and conservation and work environment training among others.

35.892

Hours of training delivered to our employees in 2022

Integrated
employee safety

We are preoccupied with integrated care of our employees and compliance with the highest standards of occupational health and safety.
This is especially relevant in our industry, given the risks of occupational accidents, which appear to be the main risk for our operators.
During 2022 there were no accidents or illnesses that could be considered serious. For both our employees and contractor a zero fatality rate was maintained.

9.673

Training hours in Occupational Health and Safety

Employees

7,2 Accident frequency
index employees
93 Severity accident
index employees

319.988

Total community
investment

Our communities

We seek to strengthen engagement with communities by basing our relationships on respect, transparency, dialogue and constant identification of impacts. We want to be a meaningful player, adding value to local to the needs of the elderly, employability, education, health, sport amongst others, to boost their development and wellbeing.
Subsidiary
Programs and initiatives
Investment
Molymet
Corporate
Fundación Clínica Familia
Fundación Mission Golden
Matías Cabezas, Olympic sportsman
US $7.500
MolymetNos
Ecological Family and Community Gardens
Community training
Cleaning and improvement of public areas (school, social centres, football pitch and surroundings)
Donations and targeted contributions (neighbourhood councils, Senior Citizen Clubs, sports clubs, public institutions, public schools and education and health corporation)
Artistic Festival
Cleaning of ditches, canals and siphons
Power of Emotions” program
Competitive funds
US $189.498
MolyNor
Summer school
“Re-imagine your home”
Molynor “Open Doors” conference
Joint meetings
Mejillones Hospital Classroom Project
Mejillones 2022 Christmas party
Competitive Funds
Investment in the Foundation for the Protection of the Little Tern
US $58.677
Molymex
Recycling Campaign
Cumpas Municipality Community Fund
Molymex summer with purpose
“Rescuing your School” Program
SupporttoCumpasMunicipality (toys, school supplies, sports leagues)
Support to TELETÓN Foundation
US $60.195
Molymet Belgium
Supported big and small local events
US $3.184
Molymet Germany
Donation to local University
US $833,6
Total
-
US $319.988

Suppliers

One of the main challenges for Molymet is to support our Suppliers in developing sustainable management in their own businesses, so that they are in line with our purpose. To achieve this, we have a Corporate Policy for Suppliers and Contractors which seeks to promote and encourage sustainability in our supply chain and a Corporate Human Rights Policy that promotes respect for human rights throughout our value chain, keeping our suppliers informed and aware.
2.869 Suppliers
85,2% Local suppliers

Main countries
raw material supplies

Chile
Peru
Mexico
USA

Evaluation
of suppliers

The success and sustainability of a company like ours is intrinsically linked to its suppliers and in order to face new global challenges Molymet is intent on building a circular supply chain. Thus, in line with our purpose, we are accompanying our suppliers to wards the implementation of sustainable management in their own businesses Our focus is on establishing sustainable bases and criteria that regulate the selection and relationship with our suppliers.

98%

Suppliers evaluated based social criteria