Fair Money & Economic Opportunity

Hochschild Mining PLC is a precious metals company, and its core business does not involve providing financial services to consumers. As such, the company does not offer lending, deposit services, or financial products. Consequently, KPIs related to customer segments, pricing, fees, loan books, data portability, lending compliance, wealth outcomes, financial literacy, debt ratios, geographic access points, or product simplicity are not applicable to its operations. While the company engages in community projects, local employment (59% local workforce in 2023

), local procurement (17% of total in 2023 ), support for local entrepreneurs (training for 14 female entrepreneurs ), agricultural initiatives (benefiting over 10 local families ), and educational support (over 600 community members received digital training in 2023 ), these are not financial services or specific financial inclusion programs as defined by the rubric.

Fair Pay & Worker Respect

In 2024, approximately 70% of the total workforce was represented by a trade union or similar body.

The company reported that nearly 97% of its employees were permanent full-time workers in 2024. The Lost Time Injury Frequency Rate (LTIFR) was 1.25 in 2024, with zero work-related fatalities recorded in both 2023 and 2024. Voluntary employee turnover stood at 4.96% in 2024. Overall worker satisfaction, as measured by the Working Climate survey, reached 70% in 2024. Furthermore, no discrimination complaints were registered, and no disciplinary action was taken as a result of breaches of labor standards in 2024. Specific data on living wage coverage, CEO-median pay ratio, pay equity ratio, and health insurance coverage was not provided.

Fair Trade & Ethical Sourcing

Hochschild Mining's contracts with all suppliers, including mining contractors, incorporate clauses requiring compliance with its corporate policies on Human Rights and Prevention of Sexual Harassment.

These supplier contracts provide for immediate termination in the event of a breach of the Code of Conduct and the imposition of financial penalties for breaches of safety or environmental undertakings. In terms of supplier diversity, local procurement represented 17.4% of total procurement in 2023.

Honest & Fair Business

Hochschild Mining incurred $726,000 in environmental fines in 2024 for non-material findings from Peruvian regulators, including deviations from approved mine components and environmental monitoring protocols.

The company has a comprehensive whistleblowing policy, supported by an online portal allowing anonymous reports from various stakeholders across multiple countries. In 2024, 91 reports were received, all investigated by the Internal Audit department and reported to the Group Audit Committee, with initial assessment usually within five days. , The policy is reviewed annually and includes protective measures for whistleblowers. , Hochschild also maintains robust anti-corruption and anti-bribery policies with a zero-tolerance approach, prohibiting facilitation payments and kickbacks. These policies apply to all personnel, are reinforced through regular training for all employees, include preventative due diligence for new business partners, and monitor 100% of commercial relationships. , Risk assessments are conducted in Peru, Argentina, and Brazil, and the company holds anti-bribery certification in Peru and is a signatory to an anti-corruption pact in Brazil. , No corruption-related fines were incurred in 2024. However, 63% of the board members are considered independent.

Kind to Animals

No specific, concrete evidence was found in the provided articles to assess Hochschild Mining PLC against the defined KPIs for the 'Kind to Animals' ethical value. Information regarding cruelty-free certifications, animal testing, humane certifications for animal operations, ethical input substitution, animal-related supplier audits, cage-free sourcing, animal agriculture ethics, or animal-free R&D collaboration was not available. While the company engages in wildlife conservation initiatives

and supports livestock producers , the evidence does not provide the specific quantitative metrics or detailed practices required by the rubric's thresholds for scoring these KPIs.

No War, No Weapons

Hochschild Mining PLC's core business is the exploration and extraction of gold and silver.

The company has no direct involvement in war or weapons manufacturing, nor in arms manufacturing or military contracts. There is no evidence of active engagement in or profit from military activities. Consequently, the company has no revenue from arms or defense contracts, no defense business for board oversight, and no defense-related assets to divest. Furthermore, the company does not develop or sell dual-use products or technologies, and has no exposure to controversial or banned weapons.

Planet-Friendly Business

Hochschild Mining sourced 65.94% of its total water withdrawals from areas with water stress in 2023.

In 2024, the company recorded one minor environmental incident and paid $726,000 in environmental fines and penalties. The company has committed to seeking validation of its net-zero target by the Science Based Targets initiative in the next two years, but currently has no validated targets. Its net-zero GHG emissions target is set for 2050, with an interim target to reduce Scope 1 and 2 emissions by 30% by 2030 against a 2021 baseline. The company fully discloses against TCFD recommendations and conducted updated climate-related scenario analysis in 2024 for multiple pathways, with results beginning to influence strategic decisions. In 2024, 80% of energy consumption in Peru and 76% in Argentina was from renewable sources, with a company-wide figure of around 81%. The company's water use was 3.387 m³ per $1M revenue in 2023. In 2024, the waste diversion rate was 57.3%.

Respect for Cultures & Communities

Hochschild Mining PLC reported a local employment ratio of 59.3% in Peru and Argentina in 2024.

The average response time for community grievances was 21.8 days in 2024. The company has taken actions to protect cultural sites, including a donation of 705 hectares to Terra Ronca State Park and investment in a compensation plan. In 2024, 1.22% of net revenue was reinvested in social investment in Peru and Argentina.

Safe & Smart Tech

Hochschild Mining has achieved ISO 27001 certification

and its Information Security Management System (ISMS) has received certification from the British Standards Institution (BSI). The company conducts annual ethical hacking evaluations by internal and third-party experts to identify potential vulnerabilities in its technological infrastructure and applications.

Zero Waste & Sustainable Products

Hochschild Mining achieved an 89% waste recycling rate in H1 2025.

The company has implemented multiple waste reduction initiatives, including an ECO Score program that showed a 74% improvement since 2015 and a 52% decrease in domestic waste generation since 2015. Ambitious, company-wide waste reduction targets are in place, aiming for 80% recycled waste by 2030 and 0.90 kg/person/day domestic waste landfilled by 2030, with progress towards a 2027 domestic waste target showing 94.68% achievement by 2022. Circular design principles are applied through the reuse of tailings and waste rock as backfill for underground mines and the sale of 7,772 tonnes of waste rock in 2024. Hazardous waste is managed with extensive plans and according to best industry practices and national permits. Internal waste audits are conducted annually across all operations, and external audits of tailings facilities occur every two years. Suppliers are required to align with ESG requirements and are part of monthly environmental assessments. However, in 2024, the company incurred $726,000 in environmental fines for three waste disposal violations.