Taking our place among the world’s major producers.
As a responsible corporate citizen with responsibilities to our people, our communities, our industry and the environment we all share, Goldcorp has been steadily increasing its presence on national, international and industry-specific boards and organizations.
This is a list of some of the major groups we contribute to, and the commitments we have made towards compliance and standards:
Business for Social Responsibility
Goldcorp is a member of Business for Social Responsibility (BSR), which has been a leader in corporate responsibility since 1992. BSR's expertise in human rights, the environment, economic development, governance and accountability has allowed them to guide more than 250 global companies in developing sustainable practices through consulting, research and cross-sector collaboration.
For more information on Business for Social Responsibility, please visit http://www.bsr.org.
Carbon Disclosure Project (CDP)
The Carbon Disclosure Project is an independent, not-for-profit organization that aims to create a lasting relationship between shareholders and corporations by working to disclose corporate climate change information. Its goal is to encourage a rational response to climate change by facilitating a dialogue supported by harmonized, quality data. Goldcorp made its first submission to the CDP in 2007 and will continue to report on an annual basis.
For more information on the Carbon Disclosure Project, visit cdp.net.
Devonshire Initiative (DI)
The Devonshire Initiative is a group of leading Canadian mining companies and international development NGOs who work together to improve the development impact of the mining industry in emerging markets. The objective of the DI is to drive corporate responsibility, partnerships and social innovation to create a leadership position for Canada on global development.
The Devonshire Initiative began in March 2007 as a result of a workshop conducted at the University of Toronto on cross-sector partnerships, which featured a case study of the Kimberly Process Conflict-Free Diamonds. Goldcorp is a Charter Member of the Devonshire Initiative.
For more information on the Devonshire Initiative, visit http://devonshireinitiative.org.
Extractive Industries Transparency Initiative (EITI)
The Extractive Industries Transparency Initiative aims to strengthen governance by improving transparency and accountability in the extractives sector. With participants from governments, companies and national civil society, this global standard promotes revenue transparency by monitoring and reconciling payments and government revenues at the country level.
Through our membership with the ICMM, Goldcorp is committed to promoting the Extractive Industries Transparency Initiative and continually strives to improve internal transparency mechanisms and reporting.
For more information on the Extractive Industries Transparency Initiative, visit http://eiti.org.
International Council on Mining and Metals (ICMM)
The International Council on Mining and Metals aims to lead in the promotion of good practice and internationally improved performance throughout the sector.
An industry group that addresses challenges within the mining sector, it provides a forum where industry and key stakeholders can collaborate on solutions to shared challenges. The ICMM is a key contributor to sustainable development, as it requires their members to perform based on principles of sustainable development.
Goldcorp is a member of the International Council on Mining and Metals, demonstrating our commitment to the responsible production of minerals and metals by implementing the ICMM Sustainable Development Framework.
For more information on the International Council on Mining and Metals, visit http://www.icmm.com.
International Cyanide Management Code (The Cyanide Code)
The International Cyanide Management Code is a voluntary industry program for companies involved in the production of gold by the cyanidation process and focuses on the management of cyanide and cyanide solutions. The Cyanide Code addresses the production of cyanide, its transport from the producer to the mine, its on-site storage and use, decommissioning and financial assurance, worker safety, emergency response, training, stakeholder involvement and implementation verification.
Goldcorp became a signatory to the Cyanide Code in July 2007 and is moving to have its nominated operations certified to the Cyanide Code within the three-year deadline. The following mines have been certified to the Cyanide Code:
- Marigold mine was certified compliant with the Cyanide Code in early 2007 (the first operating mine in the world to be certified)
- El Sauzal mine was certified in early 2008 (the first mine to be certified in Mexico)
- Marlin mine was certified in mid 2009 (the first mine to be certified in Guatemala)
- Musselwhite mine was certified in early 2010 (the first mine to be certified in Canada)
- Marigold mine was re-certified in early 2010 (the first mine in the world to be re-certified)
- Porcupine Gold Mines was certified in 2010
- Los Filos mine was certified in August 2010
- Red Lake mine was certified late in 2010
- Peñasquito mine was certified in late 2012
- El Sauzal mine was re-certified in 2014
- Porcupine Gold Mines was re-certified in 2014
- El Sauzal is the first mine in the world to be decommissioned in accordance with International Cyanide Management Code in December 2015
- Peñasquito mine was re-certified in early 2016
For more information on the Code, visit http://www.cyanidecode.org.
Mining Association of Canada – Towards Sustainable Mining
The TSM program was established in 2004. Its main objective is to enable mining companies to meet society’s needs for minerals, metals and energy products in the most socially, economically and environmentally responsible way. Adhering to the principles of TSM, MAC members demonstrate leadership by: engaging with communities; driving world-leading environmental practices; and committing to the safety and health of employees and surrounding communities.
For more information on the Mining Association of Canada, visit http://mining.ca.
The Catalyst Accord Canada
In 2014, Goldcorp became a signatory to The Catalyst Accord, an initiative that encourages corporate Canada to increase diversity and inclusion on boards of directors. By committing to The Catalyst Accord, Goldcorp has made a public pledge to increase the representation of women on its Board of Directors by 2017. Catalyst Canada is a nonprofit organization committed to building an inclusive environment by expanding the opportunities for women and business. To learn more visit their website at http://www.catalyst.org/regions/canada.
The Global Reporting Initiative (GRI)
The Global Reporting Initiative sustainability reporting framework (GRI Framework) sets out specific criteria and indicators that organizations can use to measure and report their economic, environmental and social performance. Sustainability reports based on the Framework can be used to compare performance against set standards and voluntary initiatives, compare organizational performance over time, and demonstrate organizational commitment to sustainable development.
Through its commitments to the ICMM, Goldcorp has committed to using the GRI Framework as the basis for its sustainability reporting. Goldcorp has been reporting to and against the GRI since 2007.
For more information on the Global Reporting Initiative, visit http://www.globalreporting.org.
United Nations Global Compact
The UN Global Compact is a commitment between the United Nations and responsible businesses.
This agreement provides a framework for businesses to align operational strategies in accordance with ten universally accepted principles in the areas of human rights, labour, environment and anti-corruption. It is a voluntary initiative based on public accountability, transparency, and disclosure to complement regulation and to provide a space for innovation.
Goldcorp became a signatory to the UN Global Compact in mid 2009, demonstrating our commitment to embrace, support and enact, within our sphere of influence, a set of core values in the areas of human rights, labour standards, the environment and anti-corruption.
In July 2015, Goldcorp became a signatory to the Women’s Empowerment Principles, a joint initiative of UN Global Compact and UN Women. The Principles, offer seven steps to guide business on how to empower women in the workplace, marketplace and community and emphasize the business case for corporate action to promote gender equality and women's empowerment.
These principles are aligned with Goldcorp’s value of Empowering Others and our commitment to foster an open, diverse and inclusive workplace that promotes gender diversity.
For more information on the United Nations Global Compact, visit http://www.unglobalcompact.org.
World Gold Council
Goldcorp is a member company in the World Gold Council (WGC), a market development organization whose members comprise the world's leading gold producers. WGC aims to be the undisputed source of gold industry leadership, stimulate and sustain demand for gold, and create enduring value.
For more information on the World Gold Council, visit www.gold.org.