CSR ApproachStakeholder Engagement
Stakeholder engagement is about connecting with people and organizations that can impact or be impacted by our business (such as investors, employees, communities and government). We want to listen, communicate and integrate stakeholders’ voices into our plans. Each business unit is expected to put in place engagement practices that are consistent with Hudbay’s objectives while reflecting the local context.
Our corporate Stakeholder Engagement and Community Response standards and guidance documents provide clear direction on our expectations. By implementing these standards at each site, we aim to build trust, strengthen relationships, reduce social risk and improve opportunities to create value for the Company and stakeholders.
Typical site processes and activities are as follows:
Step | Typical community engagement activities | In practical terms |
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Identify stakeholders |
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Getting to know our neighbours and allowing them to know us |
Understand |
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Understanding the culture, concerns and aspirations as well as infrastructure (e.g., locations of nearby schools or hospitals) |
Plan |
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Making decisions and documenting how we will engage with community stakeholders |
Engage |
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Workshops, meetings, joint committees, visits |
Respond |
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Recording the progress of engagement for future reference |
IDENTIFYING STAKEHOLDER INTERESTS
Typical stakeholder priorities and concerns are listed below. Additional information on many of the topics can be accessed by clicking on the relevant links.
Stakeholder group | How we engaged in 2015 | Priorities and concerns |
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Shareholders, investors and analysts |
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Employees and contractors |
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Unions |
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Local communities and Aboriginal/indigenous groups/Native Americans |
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Government |
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Customers |
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Industry associations |
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Non-governmental organizations (NGOs) |
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Media |
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