Segment

Human resources

2016 was a challenging year for the copper industry. However, it was the people within the organization who enabled us to reach our own demanding short-term objectives towards our commitment to being a sustainable and competitive company.

Keeping in line with the strategic agenda of the human resources area, 2016 saw a focus on the management of initiatives tied to business needs, established through three strategic approaches: productivity, governability and transformation.

Sustainability

Codelco has established a Master Plan for Sustainability that will serve as a roadmap for the next 25 years. With the respective measures in place, we aim to establish a Codelco Seal that verifies sustainability and traceability within our processes and products.

In 2016, we established a Master Plan for Sustainability that condenses Codelco’s sustainability strategy and defines short, médium and long-term objectives. Among the most urgent measures are to have zero fatal accidents and incidents affecting our communities; progressively reduce freshwater consumption per processed ton; execute a business plan that includes socio-environmental variables at a competitive cost; assume personnel management systems that include diversity and high levels of performance.

Market development

We participate in various international copper and molybdenum associations to boost these markets. Our subsidiary Codelco Tech, meanwhile, seeks to support initiatives and businesses that combine innovation and technology, to open new niche markets for our products.

At Codelco we continue our role as a key member of the ICA, actively participating in the definition of strategic guidelines for the control, development and execution of programs that involve significant impacts on copper consumption; guidelines which are also included in the strategic plan of our organization.

Values and Transparency

The Statement of Values and the Code of Conduct are the guiding principles that inspire and direct us in our decisionmaking and in day-to-day operations at Codelco.

Respect for the life and dignity of all individuals is paramount. Nothing justifies assuming uncontrolled risks that threaten our health or safety.

People & Sustainability

Human resources

2016 was a challenging year for the copper industry. However, it was the people within the organization who enabled us to reach our own demanding short-term objectives towards our commitment to being a sustainable and competitive company.

Keeping in line with the strategic agenda of the human resources area, 2016 saw a focus on the management of initiatives tied to business needs, established through three strategic approaches: productivity, governability and transformation.

Sustainability

Codelco has established a Master Plan for Sustainability that will serve as a roadmap for the next 25 years. With the respective measures in place, we aim to establish a Codelco Seal that verifies sustainability and traceability within our processes and products.

Market development

We participate in various international copper and molybdenum associations to boost these markets. Our subsidiary Codelco Tech, meanwhile, seeks to support initiatives and businesses that combine innovation and technology, to open new niche markets for our products.

Values and Transparency

The Statement of Values and the Code of Conduct are the guiding principles that inspire and direct us in our decisionmaking and in day-to-day operations at Codelco.

Respect for the life and dignity of all individuals is paramount. Nothing justifies assuming uncontrolled risks that threaten our health or safety.

ANNUAL
REPORT
2016

People & Sustainability

Human resources

2016 was a challenging year for the copper industry. However, it was the people within the organization who enabled us to reach our own demanding short-term objectives towards our commitment to being a sustainable and competitive company.

Keeping in line with the strategic agenda of the human resources area, 2016 saw a focus on the management of initiatives tied to business needs, established through three strategic approaches: productivity, governability and transformation.

Sustainability

Codelco has established a Master Plan for Sustainability that will serve as a roadmap for the next 25 years. With the respective measures in place, we aim to establish a Codelco Seal that verifies sustainability and traceability within our processes and products.

Market development

We participate in various international copper and molybdenum associations to boost these markets. Our subsidiary Codelco Tech, meanwhile, seeks to support initiatives and businesses that combine innovation and technology, to open new niche markets for our products.

Values and Transparency

The Statement of Values and the Code of Conduct are the guiding principles that inspire and direct us in our decisionmaking and in day-to-day operations at Codelco.

Respect for the life and dignity of all individuals is paramount. Nothing justifies assuming uncontrolled risks that threaten our health or safety.

ANNUALREPORT2016

ANNUAL
REPORT
2016