Targets, policies and guidelines

Sustainability targets 2014 – 2018

Identifying and prioritising the most important and relevant issues within the context of Boliden’s sustainability work is an ongoing process. Sustainability comes with a long-term perspective and is a long-term commitment. Boliden’s approach has been to define five-year target periods that provide a direction over a period of time. Performance disclosure information and comments are presented in the Economic, Environmental and Social chapters of the GRI report, as well as in the Annual Report.

As a complement to these numerical targets, Boliden also works with several internal goals related to the development of new or improved routines for a safer work environment, and with methods of prioritising environmental initiatives and securing a competent workforce for the future.

Policies and Management Systems

Boliden has a governance model comprising Group-wide and local policies, instructions and guidelines, tools and local management systems that correspond to the challenges the company faces. The overall steering documents are collected in the Management Manual, which is available to every employee via Boliden’s intranet.

Boliden’s operations have adopted environment and occupational health and safety management systems certified (not yet at Kevitsa) in accordance with ISO 14001 and OHSAS 18001 respectively. The Group’s smelters are also certified in accordance with the ISO 9001 quality management system. An updated energy management system, in accordance with ISO 50001, is being implemented and has replaced the former systems based on EN 16001. By working with certified management systems, Boliden ensures that its operations review significant issues, set targets, measure performance, follow up on progress and continuously work to improve their performance. The certification schemes also demand documented delegation of responsibilities on each site and that relevant competences be upheld.

Boliden’s Corporate Responsibility Business Guidelines

The Corporate Responsibility Business Guidelines are Boliden’s overarching guidelines regarding responsible business. They cover not only the entire Group’s in-house operations but those of business partners with whom Boliden enters into an agreement. They are publicly available on Boliden’s corporate website.

The Guidelines have been developed from the principles laid down in the UN Global Compact, and issued by the ILO, as well as from those contained in applicable ISO standards and the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas.

The Guidelines address;

Human Rights and Labour Standards:

• The effective abolition of child labour, harmful child labour, the right of children to not have their physical or mental health and development endangered (within or outside a working area) and the transition of any child found to be performing harmful child labour to enable her or him to attend and remain in quality education until no longer a child

• Upholding the elimination of all forms of forced or compulsory labour

• Non-discriminatory practices

• Protecting and respecting freedom of association and collective bargaining

• Living wages

• Working hours

• Safe work environment

• Compliance with national legislation and Respect for international conventions and guidelines

The Environment:

• A precautionary approach to environmental challenges

• Environmental risk assessments and systematic management

• Promotion of environmental responsibility

• Best available technology and knowledge sharing

• Compliance with national legislation and respect for international conventions and guidelines

Anti-Corruption:

• Zero tolerance of bribery or any form of corruption

• Zero acceptance of direct or indirect involvement in prohibited benefits

• Legal compliance on taxation, fees and royalties and ­transparency in disclosure of the same

• Reference to Boliden’s Anti-corruption policy and the ­Extractive Industry Transparency Initiative (EITI)

Society and Human Rights:

• Acting responsibly in relation to neighbouring societies

• Safeguarding the rights of the indigenous peoples

• Treating members of society with dignity and respect

• Preventing the forcible displacement of individuals, groups or communities

• Respect for international guidelines and standards if security services are used to protect operations

Boliden’s capability to handle sanction control and to evaluate its business partners was enhanced during 2016 by clarifying internal routines and by improved system support, combined with the training of key personnel. All of Boliden’s business partners have been checked through sanction control during the reporting year.

Responsibility and Monitoring of Progress

Boliden’s Group management has the ultimate responsibility for the Group’s sustainability work. Prioritising sustainability issues, and identifying and selecting the most relevant sustainability issues is an ongoing process involving all units within the Boliden Group. The Group management includes the Senior Vice President – Corporate Responsibility, who ensures that sustainability issues are addressed continuously.

The work is largely carried out through Group-wide networks in order to facilitate the dissemination of Boliden’s goals and strategies as well as the exchange of expertise and experience between the Business Areas and between production units. There are networks for health and safety, the environment, human resources, and communications. The managers of these networks report to the Group management. Boliden’s Board of Directors reviews the Group’s sustainability performance data annually.

Environmental performance, sick leave and accident rates are reported on a monthly basis. They are also presented at every Group management meeting and at every Board meeting. Supplier assessments of environmental and labour practices are reported on a quarterly basis. Boliden also presents sustainability performance in its quarterly interim reports.