At Eldorado, our approach to doing business has always focused on people, principles and profits. This summer, we further advanced our commitment to responsible business practices by joining the United Nations Global Compact, the world’s largest corporate responsibility initiative.
With over 9,000 participants, the UN Global Compact seeks to unite global businesses as “a force for good”. We are asked to lead the way in strengthening society through collaboration, finding solutions to some of the world’s most pressing issues and creating a better future for our people and our planet.
Doing business responsibly: The 10 Principles of the UN Global Compact
Our involvement shows our commitment to operating in ways that uphold the UN Global Compact’s Ten Principles in the areas of human rights, labour standards, the environment and anti-corruption.
“In fact, Eldorado’s governance policies are already aligned with the Global Compact’s 10 Principles,” explains David Barrett, Eldorado’s Sustainability Manager.
“Our Code of Business Conduct and Ethics, Anti-Bribery and Anti-Corruption Policy, Human Rights Policy, and our Environmental Policy make sure that we consistently evaluate and effectively manage our operations, risks, and relationships. Our aim is to be a welcome partner everywhere we operate.”
Taking action to advance societal goals: The UN Sustainable Development Goals
UN Global Compact members also commit to advancing the UN’s 17 Sustainable Development Goals (SDGs) to improve our world. These are ambitious targets that include ending poverty, reducing inequality and taking action on climate change.
We are proud that we are already making a difference in some of these areas, such as helping to improve infrastructure, health and education in the communities where we operate.
At Gumuskol village, near our Kisladag mine in Turkey, we helped to pave roads and bring clean water and sanitation to the local community. In our video Changing Lives in Gumuskol, you can hear directly from local residents.
“Mining is one of the few industries that can still improve quality of life for people in remote places around the world,” says Paul Wright, President and CEO. “I’ve experienced this first hand as a child and young person living in small communities.”
Developing lasting opportunities is also a priority. “Ultimately, our success will be measured by the vibrancy of communities long after our operations are complete” says Paul. “We are committed to engaging in collaborative projects that advance the broader development goals of the United Nations.”