Support for Principles and Initiatives
We conduct our business in accordance with the ten principles of the United Nations Global Compact. Through this initiative, companies voluntarily commit to meet and report the progress they have made in the principles related to human rights, labor relations, environment and fighting corruption. Signatories of the Global Compact since 2003, we have been on the international board since 2006. In 2011, we went on to hold the chairmanship of the Brazilian initiative. In other countries, such as Argentina, Bolivia, Chile, Paraguay, the United States, Japan, Peru, Portugal, Nigeria, Turkey, Colombia, Uruguay and Mexico, we take part in the Global Compact's local networks.
Pro-Gender and Race Equality Program
The program aims to promote equality between men and women in the labor market, contributing to eliminating all forms of discrimination in access, remuneration, growth and permanence on the job, to combat discrimination and promote human rights.
We have participated in the five successive editions of the Pro-Gender and Race Equity Program since its launch in 2006. For having satisfactorily met the requirements set forth in each of these editions, we have been awarded five consecutive Pro-Gender and Race Equity Seals.
Extractive Industries Transparency Initiative
We have been part of the Extractive Industries Transparency Initiative (EITI) since 2005. Created in 2002, during the World Sustainability Summit, the Initiative is the outcome of an alliance among governments, international organizations, investors, businesses and civil society groups aimed to improve transparency and render accounts in the extractivist industry, affording improvements in the management of the resources obtained through this activity.
One of the principles of EITI is that the prudent use of wealth derived from natural resources should be an important vector for sustainable economic growth that contributes to sustainable development and to the reduction of poverty. By supporting EITI, we commit to encourage initiatives for the transparency of the governments of the countries where we have a presence.