Page 91 - 1-37

TRANSFORMING TRANSFORMING TRANSFORMING
SUSTAINABILITY REPORT FY 2023 COMMUNITIES THE PLANET THE WORKPLACE

Artisanal and Security Practices Right to Freedom of Living Wage
Small-Scale Mining It is our goal to become Association
signatories to Voluntary Principles Paying fair and commensurate wages 2022, we conducted an initial
We understand the on Security and Human Rights We make no distinction between to our workers is another aspect of assessment that has given us a
environmental and social (VPSHR) by 2025. To achieve this employees on our payroll and the respect that we have for our baseline against, which we are now
risks associated with goal, we have established the contractual workers. We follow a workforce. Living wage methodology drafting a living wage policy to be
artisanal and small scale Security Community of Practice, comprehensive system of serves as a common model for incorporated across our businesses.
mining, more so in the which is responsible for contractual labour management evaluating and determining the we have been offering significantly
emerging economies where implementing the requirements of and employee well-being minimum pay level that is acceptable higher remuneration to our workers,
government regulations may the VPSHR. We conduct trainings practices and standards that are and fair to give for a basic number of across all our sites and have easily
not be as stringent. for our security personnel on a common across all our locations. working hours and coverage of surpassed the minimum wage levels.
regular basis, as they are our first We endorse the right to freedom families’ basic needs, we have
In 2023, we are aware that no line of defence and first informers of association. Transparent and referred to “The Asia Floor Wage” By FY2030, we aim to set the living
related sector artisanal in cases of human rights fair discussions between union framework as our standard. This wage across all our operational
mining took place adjacent to transgressions. To raise representatives and management framework assesses the wage sites and to assess the wage
our production sites at any of awareness about human rights, are initiated to form collective standards necessary for families to structure of full-time employees,
the locations. However, we and emphasize the importance of bargaining agreements. These afford suitable housing, basic contractors, business partners and
understand the risk of responsible security practices, we discussions cover remuneration, nutritional needs of a worker, suppliers. Such an assessment will
artisanal mining lies in the proactively engage with both allowances, working conditions, education, healthcare, and savings. In help us to identify those pockets
geographies that we work in. private and public security forces, incentives and bonuses, health within the workforce that earn below
Going forward, we intend to promoting dialogue and sharing and safety, manpower productivity, the norm and to bring them at par
engage with local our corporate approach to among others. with normalised wage levels.
governments to increase enhance the overall security
awareness on environmental environment.
& social impacts of
small-scale mining.

26%

of workforce covered
by collective bargaining
agreement
(full-time employees)

46