Sustainability - Samarco RI

Statement of Commitment

For us at Samarco, Sustainability is an opportunity to put into practice our purpose of doing different and sustainable mining, capable of generating results and building value for society, respecting the lives of all beings and the environment.

By means of our vision, strategy and actions in behalf of sustainability, we believe that it is possible to transform mineral resources into value in a sustainable and ethical manner, aiming at harmonious coexistence with host communities and other stakeholders in the territories where we operate.

Our desire to contribute to sustainable development is based on the conscious and planned use of environmental goods and services, mindful of the limits and regeneration capacity of nature. We intend to always evolve, learning from the challenges and joining efforts in the search for a balance between the interests of the business and the current needs of society and future generations.

In this regard, we are engaged in mitigating and compensating for negative impacts, promoting the benefits of our activities and caring for human relations through continuous dialogue with the players in our value chain.

Sustainability Strategy

In 2023, we made progress in structuring the Strategic Sustainability Program (PES), aligned with relevant environmental, social and governance (ESG) themes in light of Samarco’s current situation and stakeholder demands. Aiming at a ten-year horizon, the PES summarizes pillars, goals and indicators that, in turn, dialogue with the assumptions of the Company’s Strategic Map.

Environment

•Water
•Biodiversity
•Waste, tailings and waste rock
•Atmospheric and climate

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Social
Engagement

• Host communities
• Territorial development
• Diversity, equity and inclusion
• People

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Governance

• Ethics and transparency
• Sustainability governance
• Stakeholder engagement
• Sustainable supply chain

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Remediation

• Dialogue
• People and communities
• Land and water
• Reconstruction and infrastructure

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Materiality Survey

Ethics, Governance and Transparency

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Compliance with legislation; compliance programs; anti-corruption and anti-bribery training; response measures to corruption cases; transparency in business and communication; risk and crisis management; position statement on emerging agendas and topics (for example: Covid-19, UN Agenda 2030, ESG agenda, etc.)
Tailings: disposal management and mitigation of impacts caused by the dam collapse

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Reliability, safety and stability of dams; removal of tailings from affected sites; investments and use of new technologies and equipment aimed at processing or reusing the operation’s tailings; decharacterization of the tailings and waste containment dams raised by the upstream method; effluents; management of miscellaneous waste and circular economy; investments and partnerships in research and technology; adoption of industry 4.0 concepts in mining
Management and mitigation of impacts on biodiversity

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Use of the soil; prevention, mitigation, rehabilitation and offset of the operation’s impacts on terrestrial and aquatic biodiversity; preservation and resumption of areas
Community engagement and participation

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Social dialogue and understanding of community needs; support and rehabilitation of impacted communities; restoration of the socioeconomic conditions of the impacted regions; job and income generation; fostering the structuring of new businesses less dependent on mining; social and institutional investments; mine closure plan.
Financial Sustainability

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Economic-financial feasibility of the business; generation of revenue and capital for allocation to actions for mitigation of impact; business continuity and market consolidation process.
Safe, sustainable and responsible production

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Safe, sustainable and responsible resumption of production; operational excellence; guarantee of eco-efficiency and responsible use of resources; quality of our product; accidents prevention; emergency response; innovation in internal processes; investments and partnerships in research and technology; adoption of industry 4.0 technologies in mining; energy efficiency; use of clean renewable energy; water resources management; removal of water and affected sources; recycled and reused water
Human and organizational development

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Knowledge management; incentive to ongoing learning; performance and career development appraisals; training, education and development of employees and contractors; practices in diversity, inclusion and promotion of human rights, measures taken in cases of discrimination.