The Prodeco Group is committed to Colombia’s development, contributing to sustainable social and economic growth in the regions where we operate. Year after year, we have gained the acknowledgement of our people, our host communities and members of the public.
The safety of our employees and contractors continues to be our number one priority. We have achieved exceptional results: although our workforce has increased by 13% since 2010, the number of safety-related incidents has reduced by 89% over the same period (from 145 in 2010 to 16 in 2015). In addition, our Total Recordable Injury Frequency Rate (TRIFR) was cut by 90%, to 0.93 in 2015.
This is our fourth sustainability report. It covers our societal, economic and environmental achievements during 2015, and looks ahead to our sustainability challenges for 2016.
We believe that our sustainability activities can be a mechanism for contributing to the integrated development of our host regions. Our aim is to create shared value by maximising the benefits and minimising the negative impacts of our operations.
Our focus on responsibility and sustainability is embodied by the three levels of our Prodeco Group Corporate Practice (PGCP): our values, Code of Conduct and corporate policies. Policies include our health, safety, environment and communities (HSEC) policies, as well as our human rights and anti-corruption policies.
Our approach to economic management focuses on protecting shareholder returns through methods that include efficient operations and provision of consistent quality products to our customers.
We are committed to respecting and upholding human rights throughout our business and among
our stakeholders. The United Nations Guiding Principles on Business and Human Rights: Protect, Respect and Remedy framework (UNGPs) and the Voluntary Principles on Security and Human Rights (Voluntary Principles) are the main basis of our risk assessment and management procedures. We use the Voluntary Principles as our guidance for dealing with military and police forces as security providers.
We know that our outstanding people are the key to our success; they work every day to make Prodeco a world-class company. We are committed to their continuous career development. In addition, as part of our commitment to our people and our host communities, we try to employ locally where possible, and we develop wellbeing programmes for our people and their families.
The health and wellbeing of our people is our top priority throughout the company. Our aim is to become a leader in the safety field and to maintain healthy workplaces with no injuries or fatalities. We work proactively across the business to ensure safety, with the goal of continuously improving our incidence rate for injuries and occupational disease.
Our approach to environmental management is based on Glencore’s Group environmental policy. This is aligned with international environmental standards, including ISO 14001. The Prodeco environmental policy applies to all our assets; all our people must abide by it, including contractors who operate within and outside our assets.
In 2015 Prodeco had over 900 direct suppliers, 90% national and 10% international. We spent 66% of our national procurement budget with local suppliers from Atlántico, Cesar and Magdalena, and 26% with suppliers in other areas of the country.