Sustainable Development Policy of the KGHM Group

The KGHM Polska Miedź S.A. Group as a global entity in the non-ferrous metals mining and processing industry, specializing in the production of copper and silver, conducts its business based on the principles of sustainable development. The KGHM Group strives to create sustainable value for its stakeholders, while respecting the natural environment, social issues and the principles of transparency, responsibility and ethical conduct throughout the company. This Sustainable Development Policy of the KGHM Group is in line with the strategic directions of the KGHM Group and supports their implementation in the long term.

The Policy applies to all entities of the KGHM Group and is applicable throughout the entire value chain, including external business partners. Responsibility for the implementation and supervision of the implementation of the Policy lies with the Management Board of KGHM Polska Miedź S.A., supported by the ESG Department and the relevant organizational units responsible for individual areas of activity. The Policy is an integral element of the KGHM Group's management system, influencing decision-making processes, operational planning and reporting activities.

Our commitments

The sustainable development goals pursued by the KGHM Group are an integral part of the management model. In particular, we undertake to:

  • Conduct business based on the highest standards, in accordance with the adopted values: zero-harm, teamwork, results-driven, accountability and courage.
  • Develop in a sustainable manner, with respect for ethical principles and transparency, while taking into account best industry practices in the field of social and environmental responsibility.
  • Strive to achieve climate neutrality by 2050 in terms of greenhouse gas emissions.
  • Develop and implement innovative technologies, including renewable energy sources, to increase energy efficiency and reduce emissions.
  • Optimize production processes in accordance with the principles of the circular economy (CE), by minimizing the consumption of resources and improving copper recycling processes.
  • Ensure safe and decent working conditions, promote diversity and equality, and support the professional development of employees.
  • Conduct an active dialogue and cooperation with stakeholders, including local communities, business partners and non-governmental organizations, in order to jointly implement the set sustainable development goals.
  • Transparently report sustainability issues using the European Sustainability Standards (ESRS), integrating them with financial information. Sustainability reporting is carried out on a cyclical basis, as an integral part of the annual reporting obligations.

Stakeholder collaboration and engagement

The KGHM Group maintains constant contact with stakeholders, taking into account their expectations and needs in the decision-making process. It cooperates with international and industry organizations and representatives of local communities, striving to jointly achieve the goals of sustainable development. Openness to dialogue and transparency of activities are the foundation of the KGHM Group's relations with its stakeholders.

Monitoring and reporting

The KGHM Group regularly monitors progress towards the achievement of its sustainable development goals. Performance information is presented as part of sustainability reporting and is publicly available to all stakeholders.

References to standards and initiatives

The Sustainable Development Policy of the KGHM Group has been developed in a way that ensures its consistency with:

  • The UN 2030 Agenda for Sustainable Development
  • OECD Guidelines for Multinational Enterprises
  • UN Guiding Principles on Business and Human Rights
  • European Sustainability Reporting Standards (ESRS)
  • The Integrated Management System – based on ISO standards