CSR ApproachMateriality

GRI Indicators

Once every three years, we conduct a combined materiality, hazard and aspect assessment to guide our CSR reporting and management priorities. The assessment considers the environment, health, safety and community (EHSC) issues that are most significant to Hudbay in terms of business impact and the degree of stakeholder interest.

Our last assessment was conducted in 2014. Please see our 2014 report to learn more about our process.

MATERIALITY MATRIX

Eleven priority issues were identified during the 2014 materiality assessment. Click on the issue in the diagram below for details on how it is being managed and our 2015 performance.

This table indicates how our priority issues align with the G4 aspects reported in our GRI index:

Priority issue	GRI (G4) aspects
Ethics	Ethics and integrity Anti-corruption
Human rights	Security practices Human rights grievance mechanism
Stakeholder engagement	Stakeholder engagement Environmental grievance mechanisms Grievance mechanisms for impacts on society
Aboriginal/indigenous relations	Indigenous rights
Health and safety	Occupational health and safety
Employee relations	Labour/management relations
Economic performance	Economic performance Indirect economic impacts Procurement practices
Local market presence	Employment Closure planning Resettlement
Land and biodiversity	Biodiversity
Water	Water
Tailings	Effluents and waste

BOUNDARIES

The materiality review was conducted on the initial boundary assumption of activities and facilities within Hudbay’s management control (as described in the Our Company section of this report). Participants in the review process were then asked for cases in which boundary limits should be adjusted for specific aspects. The exceptions that were agreed to be appropriate based on stakeholder expectations and business risk are as follows:

Safety statistics are tracked and reported for all contractor activities that are under Hudbay contracts and supervision;
Environmental incidents related to transportation between Hudbay locations and local supplier activities are generally tracked and reviewed by Hudbay, but are not included in performance reporting in this report;
Grievances are accepted and investigated with respect to local contractors, and are included in grievance numbers and characterization in this report; and
Scope 2 greenhouse gas emissions are calculated and reported.