CSR Approach Materiality
In 2017, we carried out a review of our priorities in relation to what we are hearing from our key stakeholder groups. The conclusion was that there is no significant change to our current materiality model. The review evaluated the environment, health, safety and community (EHSC) issues that are most significant to Hudbay in terms of business impact and degree of stakeholder interest.
Materiality Matrix
During the 2014 materiality assessment, 11 priority issues were identified. Click on each issue in the diagram below to learn how we are managing it and how we performed in 2017.
This table indicates how our priority issues align with the Global Reporting Initiative (GRI) G4 aspects reported in our GRI index:
| Priority issue | GRI (G4) aspects |
|---|---|
| Ethics |
|
| Human rights |
|
| Stakeholder engagement |
|
| Aboriginal/indigenous relations |
|
| Health and safety |
|
| Employee relations |
|
| Economic performance |
|
| Local market presence |
|
| Land and biodiversity |
|
| Water |
|
| Tailings |
|
Boundaries
We conducted the materiality review 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. Based on stakeholder expectations and business risk, the following exceptions were deemed appropriate:
- Safety statistics are tracked and reported for all contractor activities under Hudbay contracts and supervision;
- Environmental incidents related to transportation between Hudbay locations and local supplier activities are generally tracked, reviewed and reported by Hudbay;
- Grievances are accepted and investigated with respect to local contractors and security activities related to Hudbay, and are included in grievance numbers and characterization in this report; and
- Scope 2 greenhouse gas emissions are calculated and reported.
Exploration sites have special considerations in our reporting:
- Sites for which we do not maintain managerial control are excluded;
- Corporate exploration with managerial control over the site is included and reported individually; and
- Business unit exploration with managerial control over the site is included and embedded in the business unit numbers.