Message from the CEO
28 years serving Peru
At Komatsu-Mitsui Maquinarias Peru (KMMP), we firmly believe that our purpose is to provide solutions and services that transform lives, drive the country’s development, and promote the sustainable growth of the industries we serve and the communities around us. The year 2024 has been a decisive milestone on that journey.
Thanks to the commitment and dedication of our entire team, and to our clients, we closed the year with sales growth of over 10%. This achievement allows us to continue along our path of sustainable growth. Among the factors driving this evolution was the strategic integration with Komatsu Mining Corp Peru (KMCP), which enabled us to expand our operational coverage with a new plant in La Joya, Arequipa, and to add to our portfolio P&H rope shovels, electric loaders, drills, and underground mining equipment. Today, we have a comprehensive offering for the mining sector, with a privileged position in the southern mining corridor.
Our purpose is to provide solutions and services that transform lives, drive the country’s development, and foster the sustainable growth of the industries we serve and the environment around us
We are a company that aspires to be much more than its economic results”
This integration has allowed us to become the sole distributor of the Komatsu and Cummins portfolios in Peru, with a unified, efficient, and client-focused offering that is better aligned with the needs of our customers in both surface and underground mining, as well as construction. During 2024, we took important steps in our organizational transformation. We restructured our internal operations with the creation of three new General Management areas: the General Management of Mining Equipment & Aftermarket, the General Management of Mining Services & KRCP (Komatsu Reman Center Peru), and the General Management of Construction & Underground Mining. Together with the General Management of Cummins, these new divisions strengthen our ability to face market challenges, consolidate our operational efficiency, and align our objectives with a longterm sustainable vision.
These efforts have been recognized in several ways. For the second consecutive year, we were included in the Merco ESG Ranking, achieving third place within the industrial sector and 63rd nationwide. In addition, we once again received the recognition of Sustainable Management Company, reaffirming our commitment to sustainability.
We are a company that aspires to be much more than its economic results. We continue working for the well-being of our people, for generating a positive impact in the communities where we operate, and for creating sustained value for our clients, partners, and for the country in which we believe and will continue to invest. Together, we continue building a sustainable future.
We are Komatsu-Mitsui
At Komatsu-Mitsui Maquinarias Peru S.A (KMMP), we stand out as a socially responsible company, provider of comprehensive solutions and aftermarket services for the Mining and Construction sectors nationwide. We specialize in the sale and servicing of heavy equipment machinery, power generation equipment, and engines.
KMMP Amazonía (KMA)
A company created in 2023 to strenghten our presence in the Eastern region of our country, offers a wide range of equipment and guarantees a comprenhensive aftermarket service with genuine spare parts, backed by renowned brands. In addition, it has a highly trained technical service team that provides both planned and corrective maintenance for the equipment.
Our commitment to sustainability has also been reinforced. We renewed social management plans with our main clients, exceeding US$ 100,000 in joint investments, and we implemented an emissions reduction roadmap that guides us toward ambitious goals projected for 2030.
Julio Molina Executive President Komatsu-Mitsui Maquinarias Peru
We continue working for the well-being of our people, for generating a positive impact in the communities where we operate, and for creating sustained value for clients, partners, and for the country in which we believe and will continue to invest”
Our company includes two subsidiaries: Distribuidora Cummins Peru (DCP) y KMMP Amazonía (KMA).
Distribuidora Cummins Peru (DCP)
We provide efficient energy solutions for sectors such as mining,construction, industrial, marine, and automotive through a portfolio that includes electric generators, filters, spare parts, equipment rental, and specialized technical support.
Main Brands
We have a portfolio led by Komatsu and Cummins, recognized for their quality, innovation, and continuous, specialized aftermarket service.
Integration
with Komatsu Mining Corp. Peru (KMCP)
The integration between KMMP y KMCP has made it possible to consolidate a closer and more comprehensive value proposition for our clients, aligning under a single corporate structure. This unification has generated key synergies, particularly between our infrastructures in Lima (KMMP) and Arequipa (KMCP), allowing us to be geographically closer to strategic mining operations.
World leader in the manufacturing of Mining and Construction equipment.
Leader in the energy industry and the world’s largest manufacturer of diesel engines over 50 HP.
With this integration, we have expanded our technical and commercial offering: for the first time, we incorporated the underground mining equipment line, a segment that was not previously part of KMMP’s portfolio. In surface mining, we now have a complete product line covering the entire chain from loading to hauling
Our purpose
We drive Peru’s growth through our solutions and services to transform people’s lives
Awards and Recognitions
MERCO ESG RANKING 2024
We were recognized for the second consecutive year in the Merco ESG Ranking standing out in Top 3 of the industrial sector MERCO COMPANIES RANKING 2024
We ranked among the Top 50 in the Merco Companies 2024 Ranking, consolidating our position as one of the two leading companies in the industrial sector
We were recognized by Glencore in the Contractor category for our initiative Automated Dump Bed Inspection with Drones.
We
– WOMEN IN CONSTRUCTION AWARD
We
We obtained second place with our Total Respect campaign in the Good Labor Practices organized by the Ministry of Labor and Employment Promotion (MTPE).
We
Sustainability: how we operate
We generate value for the people and the community and contribute to the development of the localities where we operate.
Focus areas:
• Development of the communities where we operate
• Development of our suppliers
We promote an equitable and inclusive work environment, where differences between people are respected and valued. We promote a culture of gender equality with equal opportunities and free from discrimination.
Focus areas:
• Gender dimension
• People with disabilities dimension
• Multicultural dimension
• LGBTIQ+ dimension
Health and Safety: Prevention with purpose
We promote various projects aimed at improving our processes to make our operations increasingly environmentally friendly.
Focus areas: Response to climate change and reduction of CO₂eq emissions. Efficient use of resources (energy, water, and waste) in our operations Promoting environmental innovation initiatives
We promote a strong culture of prevention in all our activities, understanding that its sustainability depends on the active commitment of all our employees.
In 2024, we developed our Strategy for the next three years, which is aligned with the inputs of our shareholders Komatsu and Cummins Inc. We drive Peru’s growth through our comprehensive solutions and services to transform people’s lives.
We promote the importance of acting with integrity and in line with our corporate values during our activities, business processes, and relationships with stakeholders.
Focus areas:
• Awareness of integrity issues (soft) among company personnel
• Human rights
fatal accidents among employees and contractors
formal Gemba inspections carried out 1,671 of employees are familiar with the safety rules and procedures that apply to the work they do 98% of employees stated that there is a commitment to safety at work 95% Leadership and culture in safety: Gemba
Our leadership strategy and preventive culture are based on the Japanese concept of Gemba which emphasizes the importance of being present where the action takes place.
Extraordinary talent
We strive to promote and maintain a diverse and inclusive organizational culture based on respect and equity. employees 3,008
Internal development and growth
We drive the growth of our team by promoting a merit-based culture with programs such as:
Good Job Program
GITT Program
Climate and culture
We work continuously to offer the best possible experience to our employees at every stage of their development within the company.
We are volunteers and social contributions
We are volunteers
In 2024, the We are volunteers group was created at the corporate level, with a sponsor and designated support from each division (Corporate, Cummins, and Komatsu). Its function is to promote team participation, communicate available opportunities, and strengthen the commitment of leaders.
Our impact in FY2024*
544
female employees
Seeks to reinforce a culture of gratitude, motivation, and celebration of achievements aligned with our corporate values. awards presented 2,021
2,464
male employees
A key initiative that promotes the comprehensive development of our technicians through specialized training, soft skills, and safety competencies. employees were evaluated 1,013 of KMMP technicians participated in at least one training course 70% favorability in work 85%
Social contributions
Our social management is aligned with our clients’ commitments. We adapt to established guidelines and values, acting as a strategic ally to create synergies that generate a positive impact on communities.
US$ 191,867 projects implemented with a total of 101 initiatives 46 volunteers, with a total of 18,202 hours dedicated 1,386 regions impacted 13 beneficiaries + 60,000
US$ 105,994 was allocated to community investment
was allocated by the Cummins Foundation for projects with social and environmental impact
Strategic alliances with our mining clients Social Management
Antapaccay Mining Company (2024-2031)
As part of our partnership with Antapaccay Mining Company, we implemented the Trades Program
• 57 applicants from the community
• 10 young people selected (including two women) with no previous education
• 1 month of theoretical training
• 5 months of practical training in workshops, acquiring technical skills in mechanics as technician assistants
Miski Mayo Mining Company
We implement the Professional Internship Program in partnership with Miski Mayo Mining Company and SENATI:
• 6 months duration
• 12 beneficiaries, organized into 2 groups
Anglo American Quellaveco (2023-2025)
We awarded 6 scholarships to young people from communities in the Anglo American Quellaveco area of influence (5 men and 1 woman). Under this scheme, they joined the TEC program and are studying Heavy Machinery Maintenance at SENATI.
MMG (Las Bambas Mining Unit)
We renovated the infrastructure of the Chumille Educational Center, located in MMG’s area of influence (Las Bambas Mining Unit). The work was carried out by a local supplier, whose staff received training to meet the required standards.
At KMMP, we believe in the power of growing alongside communities. Our social management seeks to inspire progress, generate opportunities, and build a more inclusive and sustainable future for all.
Technical Education for Communities (TEC)
In partnership with SENATI, and backed by our three shareholders, we seek to improve the quality of life of low-income youth in the Arequipa region by providing them with access to quality technical education that facilitates their entry into the formal labor market.
* Since the program began in 2016 to date.
Main impacts of TEC by 2024*
• 607 graduates
• 186 scholarships awarded
• 13% better paid
• 69 women enrolled in the Heavy Machinery Maintenance program
• 73% of graduates find a good job within the first 6 months
Program: Premises and Principles
PRINCIPLES
Technological innovation
As part of our commitment to continuous improvement, operational efficiency, and sustainability, we implement technological solutions, including: Environmental solutions: Introduction of new equipment to the Peruvian market
Rope Predict Monitoring (RPM)
Pioneering program in predictive monitoring of lift ropes for electric shovels. Predicts the optimal time to change ropes, preventing failures that could generate losses of up to US$350,000 per event. It also reduces intervention time from 10 to 3 hours.
E-Gemba: Remote Health Monitoring and Remote Operation Monitoring
For eight years, we have been developing the E-Gemba strategy, based on remote monitoring and operational analysis systems.
Through Remote Health Monitoring (RHM) and Remote Operation Monitoring (ROM), we collect real-time information on the performance of equipment and operators, evaluating operational skills and preventing failures without the need for physical presence in the field.
Virtual reality training environment for high-risk practices.
It allows technicians to gain hours of experience in simulated scenarios without exposing themselves to real dangers. More than 120 KRCP technicians trained with this solution.
Automated Dump Bed Inspection with Drones System that eliminates 100% of human exposure to operational risks. Detects cracks and defects automatically, accurately, and digitally.
At Antapaccay Mining Company, it was applied to 27 trucks, model 980, reducing inspection time from 10 to 4 minutes, requiring only 1 worker instead of 4, and completely eliminating CO2 emissions during the process.
Camiones 980E-5SE
We consolidated the introduction of the Komatsu 980E-5SE model in the Peruvian market with its incorporation into a second mining operation: Sociedad Minera Cerro Verde, with four units. The truck is equipped with the QSK 95 diesel engine, the most powerful and fuel-efficient in the world, helping to reduce emissions.
4800XPS rope shovels
We finalized the sale of two 4800XPS rope shovels, the first of their kind on the Peruvian market.
This equipment operates on an electric system and does not require a diesel engine, which means it does not generate emissions.
Environmental commitment to our customers
Neutral Repair Program
We manage the offsetting of greenhouse gas (GHG) emissions from the service we provide at Komatsu Reman Center Peru (KRCP) related to the repair of 930E traction motors, on behalf of our clients.
Component reconstruction and repair
At KRCP, we offer repair and reconstruction services for mining equipment components, designed to improve their performance and extend their useful life. This solution is recognized as a service with ESG (environmental, social, and governance) benefits, since repairing components reduces the need to manufacture and replace new parts, prioritizing recovery over disposal, and the concept of circular economy. In 2024:
remanufactured parts
6,966 in revenue related to ESG services (remanufacturing of mining equipment components)
US$ 30,034,124
Ethics and compliance
We are a company with strong ethical values and a strong culture of integrity. We have a Code of Ethics that applies to all our employees and officials.
of employees who joined in 2024 have signed the Code of Ethics 100% of suppliers with a current contract have signed the Code of Ethics 100% of employees trained on the Code of Conduct 92%* ZERO cases of unfair competition, discrimination, and corruption reported through the Ethics Hotline
Compliance governance
We implemented two fundamental processes: the Anti-Money Laundering and Counter-Terrorist Financing System (SPLAFT) and the Corporate Compliance System
Risk management
We have a robust and highly developed risk management model, which contributes substantially to strengthening our internal control system. Information security We manage processes and systems that ensure the confidentiality, integrity, and availability of data. of
workshops to raise awareness among our employees about the importance of risk management in daily activities
We offered a virtual course on risk management for the first time, aimed at all employees information leaks and personal data protection breaches ZERO We implement measures to protect our assets against cyber risks, including drills that allow us to identify vulnerabilities and risk profiles
Cybersecurity
As part of our cybersecurity strategy, we conduct monthly phishing simulation exercises targeting 100% of our employees.
Diversity and Inclusion
Diversity and inclusion is one of our company’s five corporate values and also a pillar of sustainability. We have a Diversity and Inclusion Roadmap to 2026 that sets out our commitments in each of our areas: gender focus, people with disabilities, multiculturalism, and LGBTIQ+.
Women Empowerment Network (WEN)
Multidisciplinary group composed of employees and leaders from various areas of the company, which promotes initiatives to foster gender equality in the company.
Warmi Talent, an inspiring force
Women Who Transform Program
Designed to encourage each participant to discover their potential providing a safe, inspiring, and enriching space for their personal and professional development. Our flagship program seeks to promote the growth and development of women’s skills in all our operations.
We won the WinC award, presented by Women in Construction! participating employees were recognized as outstanding talent 23 training sessions that strengthened their empowerment, leadership, and sisterhood 6
4th edition of “CEO for a Day”
Initiative aimed at promoting internal talent through a mentoring program, aimed at employees who demonstrate high potential, with one male and one female winner selected per edition.
62 months of mentoring with the CEO 6
It is made up of 49 volunteer employees divided into four working groups: Attraction, Development, Retention, and Internal Communication applications
Climate strategy
We focus on preventing adverse impacts on the environment and promoting the adoption of our environmental standards by our suppliers and throughout our value chain.
Roadmap to 2030
We have drawn up a roadmap to 2030, detailing our main objectives: Best practices
1. Initiatives and goals to reduce our carbon footprint Through the acquisition of International Renewable Energy Certificates (I-REC), we have managed to reduce our Scope 2 National Carbon Footprint by 100% under the market approach.
We fully comply with environmental regulations and have no administrative proceedings, sanctions, or fines Ensure 100% compliance with environmental regulations
2. Renewal of the 4th Star of the Peru Carbon Footprint Program
We have renewed the fourth star of the Peru Carbon Footprint Program, awarded by the Ministry of the Environment (MINAM), in recognition of our sustained reduction in greenhouse gas emissions. Emissions management
FY2023 emissions* national market method, by scope (tCO₂eq)
Our impact in 2024:
Scope 3 82.73% Scope 1 17.27%
Scope 2 0% 3.56% reduction in our greenhouse gas (GHG) emissions in FY2023 compared to FY2022*
Airlines’ 1+1 Offset to Conserve Program
We are part of Latam Airlines’ 1+1 Compensate to Conserve Program, becoming the first company in all of South America to offset our CO₂ emissions through the Nii Kaniti Community Forest Management project.
Environmentally sustainable branch (ESB)
Our initiative seeks to guide and formalize specific measures so that our current and future branches gradually move toward more environmentally friendly operations, mitigating the effects of climate change generated by our activities.
Our assessment evaluates eight environmental issues in order to establish five levels of environmental performance at our operating sites
We invest in infrastructure aimed at improving energy efficiency, optimizing water management, and promoting the use of renewable energy
To access our Sustainability Report in spanish, scan the following QR code:
www.kmmp.com.pe
sostenibilidad@kmmp.com.pe Komatsu-Mitsui Komatsu_mitsui