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We understand the importance of being a responsible corporate citizen and operating our business in cooperation with all relevant stakeholders and communities. This reflects our long-term commitment to maintaining a viable business, increasing value for our shareholders, improving employment and development opportunities for our host communities, and minimizing our environmental impacts. Our goal is to achieve a balance of financial performance, economic prosperity, environmental stewardship and social responsibility.
We are committed to best practices in environmental management for all aspects of our operations. Our approach to improving environmental performance is guided by our Environmental and Sustainability Policy, which promotes the development and implementation of effective systems to minimize risks to health, safety and the environment and to design, operate and close our facilities in compliance with international guidelines and local regulations. The core values of our Environmental and Sustainability Policy can be summarized as:
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a commitment to the protection of life, health and the environment for present and future generations; |
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respect for the needs and cultures of the local communities; |
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open communication with employees, stakeholders and governments concerning our plans, programs and performance; |
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cooperation with government agencies, local communities, educational institutions and suppliers to achieve safe handling and disposal of all our materials, resources and products; and |
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application of the best technologies to continuously improve the safe, efficient use of resources, processes and materials. |
As internal targets for environmental management and performance are achieved, we have progressively turned our attention to the larger global issues facing the industry.
In July 2007, Goldcorp became a signatory to the International Cyanide Management Code, and is actively working to achieve certification at each of its nominated sites. Our Marigold operation in Nevada became the first-ever operating site to be certified as compliant with the Code, and in early 2008, our El Sauzal mine became the first mine in Mexico to be certified compliant with the Code.
We are committed to developing, operating and closing our mining properties in a sustainable manner throughout the full mine-life cycle.
We are committed to the practice of progressive reclamation. This means that we do not leave all reclamation to the end of mine life, but seek earlier opportunities to reclaim disturbed areas.
For closed sites, this means making them as environmentally productive as possible, post mining. It is not usually possible to restore the site to what it was prior to mining, but it is possible to establish a healthy, thriving ecosystem and productive land use after reclamation is completed. This is the goal for all of our sites.
The Global Reporting Initiative (GRI) has pioneered the development of the world’s most widely used sustainability reporting framework and is committed to its continuous improvement and application worldwide. The framework sets out the principles and indicators that organizations can use to measure and report their economic, environmental, and social performance.
As a leading gold mining company, we have committed to using the GRI framework as the basis for our sustainability reporting. Our 2007 Sustainability Report was the first we prepared under the framework, and we are committed to increasing our conformance to the GRI framework in future years.
The full 2008 Sustainability Report
will be available on our website, www.goldcorp.com, in June 2009.
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