Eramet: meaningful economic and social contributions to local communities in 2020
30 Giugno 2021 - 05:45PM
Eramet: meaningful economic and social contributions to local
communities in 2020
Paris, June 30, 2021, 5.45 pm
PRESS RELEASE
Eramet: meaningful economic and social
contributions to local communities in 2020
- An overall
contribution of €1.4 billion to the economy of
local communities.
- Major support
for the economic development of local communities: more than
€910 million in local
purchases and more than
€350
million in payroll.
- More than 30,000
people assisted via community-focused social
initiatives.
Eramet's objective is to play an active role in
the development of the communities in which it operates. Today the
Group is publishing its report on economic and social contributions
made to governments in 2020 (“Report on the Group's financial
transparency 2021,” available on its website).
Conducted in accordance with the methods laid
down by the Extractive Industries Transparency Initiative (EITI),
which has defined best practice principles for the sector and which
Eramet has sponsored since 2011, this review focuses mainly on
taxes and royalties paid to governments and regional authorities,
as well as dividends paid to public shareholders in the parent
company and its subsidiaries.
In keeping with its policy of transparency, the
Group has gone still further by presenting an overall picture of
the contribution it makes in the main areas outside mainland France
where it operates: Gabon, Norway, New
Caledonia, and Senegal. It
demonstrates Eramet's ongoing commitment to developing an economic
model based on a long-term, sustainable and socially responsible
vision, and to making a positive impact by developing local
employment, preserving the environment, respecting host communities
and contributing to the economies of countries and local
communities.
With more than
13,100
employees worldwide, including 8,000 outside
mainland France, Eramet has a global human resources policy that
promotes local employment, invests in the potential of all its
employees and harnesses their diversity.
In 2020, more than 30,000
people in host countries benefited from the Group's
community investment programs in support of youth and essential
infrastructure, such as access to water, to the tune of €21
million. The Group's ambition to be a local partner in
regional development is also illustrated by the creation by Eramet
and its subsidiary Comilog of two CSR funds with the Gabonese
government to finance new development programs for the benefit of
local populations
Eramet's subsidiaries contributed to the
economic development of their host communities with €911
million in local purchases of goods and services and a
payroll of nearly €353 million.
Overall, the company contributed €1.4
billion to local economies, including more than
€140 million in
taxes and dividends paid to governments.
Eramet's support was further strengthened during
the Covid-19 pandemic with the setting up of a solidarity plan
accompanied by an additional €1.5 million in grants. In addition to
the €8.5 million allocated by our subsidiaries, a total of
€10 million was set aside, mainly for the purchase
of health equipment and supplies, foodstuffs, and basic
necessities, to help more than 340,000 people.
Virginie de Chassey, Executive Senior
Vice-President of Sustainability & Corporate Engagement:
“Reconciling performance and responsibility is at the heart of
Eramet's strategic vision and its CSR roadmap. In the countries and
communities where the Group operates, our teams work on a daily
basis to support the development priorities of local people. Our
aim is to act as a catalyst for local initiatives to improve
people's daily lives. This support for local communities, which
also involves giving priority to local purchases, is our way of
giving something back and is a hallmark of a group that considers
corporate social responsibility to be fundamental to its
operations.”
Below is a breakdown of the principal
contributions made in 2020 by Eramet in each of the main countries
and areas in which it had operations:
- In Gabon, Eramet
contributed €604
million. The country’s second-largest private
employer with more than 7,700 direct jobs,* the Group, via its
64%-owned subsidiary Comilog, mines and processes high-grade
manganese ore, of which it is the world's second-largest producer.
Its subsidiary Setrag operates the Transgabonais railroad, which
transports both goods and passengers. The two companies made €468
million in purchases (excluding maritime transport), 76% of which
were made domestically. In the course of 2020, the Group provided
support to more than 20,000 people, who benefited from its social
projects in the areas of health, access to water and
education.
- In New Caledonia,
the Group's contributions in 2020 amounted to €413
million. Société Le Nickel (SLN), a 56%-owned subsidiary
of Eramet, operates nickel mines and a ferronickel metallurgical
plant. SLN is the largest private employer in New Caledonia, with
more than 3,200 direct jobs1, and it made €267 million in purchases
from New Caledonian suppliers. SLN has a long-standing commitment
to local communities, and in 2020 its programs helped more than
5,000 people.
- In Senegal,
Eramet's contribution in 2020 amounted to €123
million via its 90%-owned subsidiary Grande Côte
Opérations (GCO), which operates a mineral sands deposit. The
company makes a major economic contribution thanks to the 1,500
direct jobs1 it provides and the fact that 70% of its purchases are
made domestically. Initiatives undertaken to help local populations
provided assistance to more than 6,000 people, particularly in the
areas of education, access to water and economic
diversification.
- In Norway, Eramet
Norway and TTI, two wholly-owned subsidiaries of the Group, employ
almost 800 people in four manganese alloy production and
metallurgical conversion plants. The contribution made by the Group
in 2020 amounted to €287 million, including €207
million in purchases from Norwegian suppliers. Eramet Norway
contributed to communities near its sites by supporting schools and
sports and cultural associations.
1 “Direct jobs” include the subsidiary’s own
staff as well as the staff of subcontractors present on-site to
carry out mining and industrial activities.
Calendar
28/07/2021: Publication of 2021 half-year results
25/10/2021: Publication of 2021 third-quarter turnover
ABOUT ERAMET
Eramet transforms the Earth’s mineral resources
in order to provide sustainable and responsible solutions that meet
the growth needs of industry and the challenges of the energy
transition.
Its 13,000 employees are committed to this
civic- and socially-minded approach in all the countries where the
mining and metallurgical group operates.
Manganese, nickel, mineral sands, lithium, and
cobalt: Eramet recovers and develops metals that are essential to
the building of a more sustainable world.
As a trusted partner of its industrial clients,
the Group contributes to construction of robust and resilient
infrastructure and buildings, more efficient means of mobility,
safer medical tools and more efficient telecommunications
devices.
Fully committed to a new era of metals, Eramet’s
ambition is to become a reference for the responsible
transformation of the Earth’s mineral resources for living well
together.
www.eramet.com
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INVESTOR
CONTACTDirector of Investor
RelationsSandrine Nourry-DabiT. +33 1 45
38 37 02 sandrine.nourrydabi@eramet.com |
PRESS
CONTACT Communications
DirectorPauline
Briandpauline.briand@eramet.com Image
7Marie ArtznerT. +33 1 53 70 74 31 | M.
+33 6 75 74 31 73martzner@image7.fr |
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