Fresnillo PLC

Lobbying Governance

AI Extracted Evidence Snippet Source

Collaboration with other members of the mining community through the Mexican Mining Chamber to lobby against any new harmful taxes, royalties or regulations. Support for industry lobbying efforts to improve the general public's understanding of the mining industry."
"The Línea Correcta Whistleblower Hotline allows stakeholders to anonymously report (via an independent third party) violations of the Company's Code of Conduct. The hotline is reviewed by the Committee twice a year (February and July meetings) and the Chairman of the Committee gives a report to the Board every six months on the key trends and steps taken as a result of these reviews. [...] The effectiveness of the Linea Correcta is routinely reviewed twice a year. In addition, the results of a more detailed review of its effectiveness were considered in February 2024. Actions taken following the review included: (i) a communication campaign to improve awareness of the hotline; (ii) targeted training linked to levels of involvement in the whistleblowing arrangements; (iii) steps to reinforce confidentiality throughout the investigation process; and (iv) strengthening the role of the Labour Commission in the mines. [...] During the year, the Committee was satisfied that all matters had been or continue to be properly investigated with appropriate action taken.

https://www.fresnilloplc.com/media/zgcbodxt/46566-fresnillo-ar24-web.pdf

Commitment and constant communication with all levels of Government. [...] We continue to collaborate with other members of the mining community through the Mexican Mining Chamber to lobby against any new harmful taxes, royalties or regulations. We also support industry lobbying efforts to improve the general public's understanding of the mining industry. [...] Meetings with federal authorities and regulators on regulatory issues through trade unions such as CAMIMEX (Mexican Mining Chamber), CONACAMIN (Mexican Confederation of Industrial Chambers) and CCE (Business Coordinating Council) and sustainability associations such as CESPEDES (Mexican Chapter of the World Business Council for Sustainable Development) and the CCA (Mexican Water Advisory Council). [...] Direct meetings with policymakers and federal, state and local authorities regarding Covid-19 cooperation, security, mining rights, environmental permitting, etc. in the regions where we operate.

https://www.fresnilloplc.com/media/qx1bxeck/38485-fresnillo-annual-report-21-web.pdf

1. Engagement and constant communication with all levels of government. [...] 5. We continue to collaborate with other members of the mining community through the Mexican Chamber of Mines to lobby against any new harmful taxes, royalties or regulations. We also support industry lobbying efforts to improve the general public's understanding of the mining industry.

https://www.fresnilloplc.com/media/hcxetmhc/fresnillo-ar22-response-mitigation-to-our-risks.pdf

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]We keep track of the carbon market initiatives of the Mexican government through the Sustainable Development Commission for the Mexican Private Sector (CESPEDES). Through the cooperation between CESPEDES and national authorities, we participate in the joint efforts to build capacities, share best practices and to engage with governments and society at large.

CDP Questionnaire Response 2022

Describe the process(es) your organization has in place to ensure that your external engagement activities are consistent with your climate commitments and/or climate transition plan?[…]We keep track of the carbon market initiatives of the Mexican government through the Sustainable Development Commission for the Mexican Private Sector (CESPEDES).

CDP Questionnaire Response 2023