Committed to a sustainable ESG vision

SINCE ITS INCEPTION, DRUMMOND LTD. HAS WORKED TO MAINTAIN AN ECONOMICALLY VIABLE, SOCIALLY RESPONSIBLE AND ENVIRONMENTALLY SUSTAINABLE OPERATION.

During 2021, the Company’s Board of Directors reaffirmed this commitment with the creation of the position of Chief Sustainability Officer (CSO), responsible for incorporating environmental, social and corporate governance (ESG) topics from the very source of Drummond’s corporate strategy.

This decision regarding sustainability reiterates Drummond Ltd.’s commitment to implementing continuous improvement processes in managing stakeholder expectations, and thereby ensuring high standards of sustainability throughout its operation.

The path to strengthening the work that the Company has been doing in terms of sustainability is becoming increasingly clear. These includes solid foundations in the implementation of strategies that make the vision of working for mining that is responsible in all aspects a reality. Effective environmental and social management are also an important aspect, so that development is not just economic, and the areas where Drummond Ltd. is present are positively affected by the Company’s activities. This is just one of the ESG accomplishments that the Company has shared year after year in its sustainability reports, as an exercise in transparency and accountability to its stakeholders. Drummond Ltd. is not immune to all the social, economic and environmental changes that have occurred in recent years. For this reason, the Company, in order to be part of the solution and understanding the global dynamics, the pressures on the economic sector in which it operates and the expectations of its stakeholders, has declared that a detailed review of its ESG strategy is one of its fundamental objectives. The purpose of this review is to identify the successes and gaps in the work that it is doing currently, to align its actions with the needs of its primary conversational counterparts, and thus respond in a coordinated manner to the great challenges it faces in terms of sustainability, executing actions with local impact.

During 2022, Drummond Ltd. will carry out an analysis and incorporation of ESG topics, which will allow it to adjust its corporate strategy to cover all aspects of the business, to establish a consistent vision of these topics so that they become determining factors in all corporate and operational decisions. This ESG corporate strategy will coordinate the Company’s actions in the short, medium and long-term, and its impact will be reflected in the contribution to meeting global agendas, positioning Drummond Ltd. as a model mining company committed to sustainability.