Human rights

We are committed to respecting, protecting and promoting human rights; for this reason, we have a policy approved by our Senior Management that guides the Company's management to monitor the potential risks resulting from our operations.  As key reference frameworks, this policy has the International Bill of Human Rights, the fundamental principles and rights established in the Declaration of the International Labor Organization, in addition to the guiding principles of the United Nations (UN) Human and Business Rights and the laws of the countries where we are present.  This is the main tool through which, supported by a due-diligence process and based on the Human Rights Management System, we monitor the risks and impacts that the activities could cause our Stakeholders.  We manage these consequences when they occur and we maintain clear and transparent communication with them.

  • For society:  To raise awareness among Stakeholders to prevent actions that go against human rights and that may endanger their integrity.

 

  • For the company:  To manage risks in terms of Human Rights in operations and, thus, promote our pillars of culture and maintain relationships of trust with all Stakeholders.

  • Updating of human rights risks in the countries.

 

  • Participation in at least one specific measurement or evaluation exercise for human rights in order to know the status of our system compared to best practices in the industries.

 

  • Completion of the updating process of the Community Risk Tool.

In accordance with our express commitment in the Human- Rights Policy and knowing the reality of our operations and the challenges posed by the diversity of origins and cultures that our Organization has, we have a Risk-Management process that allows monitoring the behaviors of the Company or our suppliers that were identified as critical and that put people at risk who interact with the Company from any role.

 

This process has four main steps:

 

  1. Identification of the level of risk of violation of relevant Human-Rights, as the case may be, in th Stakeholders that we have defined as priority.
    • Relevant risks in Human-Rights:
      • Discrimination
      • Violation of due process
      • Not taking care of people
      • Denial of freedom of association and collective bargaining
      • Forced labor
      • Child labor
      • Workplace harassment
    • These risks were those identified as the most relevant and with which we are most committed to protecting, which is why – within the framework of the Management System – a greater number of plans were identified that seek to protect them.
    • Prioritized Stakeholders
      • Employees
      • Suppliers
      • Communities
      • Joint Ventures
    • In these Stakeholders, we cover diverse audiences, including vulnerable groups, such as ethnic minorities, Indigenous people and the LGTBI population.
  2. Definition of action and remediation plans that reduce risks or close identified gaps.
  3. Definition of monitoring plans that allow validation of the execution of the action plans, monitor their impact and raise alerts in case any risk is increasing.
  4. Constant updating of risks, by connecting their identification with the information available in other Corporate Reporting Systems, such as the Transparency Line.