Sustainability starts with a corporate value system that upholds responsibilities to the planet and to people. This corporate value system is based on a principled approach to doing business and is guided by the need to protect the environment, human rights and stakeholders that are affected and effected by the Group’s businesses.
Sustainability is a blue print for the creation of shared value and it is through sustainability that Tharisa is able to create additional value for its investors and for all of its stakeholders including employees, contractors, suppliers, the communities in which it operates and various levels of government.
As a means of measuring the impact of sustainability efforts, Tharisa is working towards the adoption of international sustainability guidelines such as the Global Reporting Initiatives and ISO 26000. On a broader basis, the Group subscribes to the Equator Principles and has embraced the Ten Principles of the UN Global Compact.
The Equator Principles is a risk management framework, adopted by financial institutions, for determining, assessing and managing environmental and social risk in projects and is primarily intended to provide a minimum standard for due diligence to support responsible risk decision-making.
The UN Global Compact is the world’s largest corporate sustainability initiative. It is a call to companies to align strategies and operations with universal principles on human rights, labour, environment and anti-corruption. The Ten Principles of the UN Global Compact aims to help advance societal goals.
The safety and health of the Group’s employees is a priority. Tharisa Minerals is proud of its track record in minimising its environmental impact and, while it strives to improve further, it takes similar pride in its mature and mutually beneficial relationships with the communities that border the Tharisa Mine.
Tharisa not only understands its obligations to create social capital as enshrined in the MPRDA, but strives to achieve these obligations in ways that create ongoing positive social impacts.