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SUSTAINABILITY

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ESG

Sustainability at BAMIN is integrated into our corporate strategy and firmly enshrined in the company’s values. All projects are devised so as to integrate feasibility and continuity strategies, as well as analysis of the best ways to minimize possible impacts on the environment. BAMIN is committed to addressing and navigating the complex development challenges faced by contemporary society, as defined by the Sustainable Development Goals (SDGs) of the United Nations.

We announce the publication of our first Sustainability Report. This document covers the year 2022 and is an important milestone in our journey, reaffirming our commitment to transparency and the search for a more sustainable future.

We are committed to work for the conservation of natural assets, and adoption of international standard practices when managing the environmental risks associated with our operations. We actively engage with the climate change agenda, through the reduction of our carbon emissions, the creation of adaptable assets and our prominent role in the green steel market.

SUSTAINABLE DEVELOPMENT GOALS

OBJETIVOS DE DESENVOLVIMENTO SUSTENTÁVEL
SDG 6 - Clean water and Sanitation
  • For the production of itabirite concentrate, the mill project already includes recirculation systems, which will use 90% of the water used in production.
SDG 12 - Responsible Consumption and Production

BAMIN supports the Waste Circuit Project, with the Cooperative of Selective Collection of Caetité/BA (COOPERCICLI), generating work and income by fostering selective collection and composting.

SDG 13 - Action against global climate change

BAMIN's iron ore is of premium quality, with Iron content of around 65% and low contaminants. This type of ore is far less carbon intensive to produce, and therefore positively contributes to the industry’s emissions performance.

SDG 15 - Life on land
  • BAMIN has invested in the creation of a reference model center specializing in the treatment of wild fauna: the Wild Animal Screening and Rehabilitation Center of Porto Sul (CETRAS). The center is located in the Porto Sul Environmental Center (CAPS), in Ponta da Tulha (Ilhéus/BA). The Cetras ranks among the most modern screening and rehabilitation centers for wild animals in Brazil.

We adhere to a commitment to the development and well-being of local communities, and unfailing respect for the particularities of each local culture, and guarantee of these communities’ safety. We are also committed to maintaining a safe, healthy, and inclusive work environment for all employees, facilitating their professional development irrespective of position or background.

SUSTAINABLE DEVELOPMENT GOALS

OBJETIVOS DE DESENVOLVIMENTO SUSTENTÁVEL
SDG 4 - Quality education

BAMIN supports the Canteiro Escola Project, established in partnership with SENAI and contractors from the Porto Sul development, with the objective of training young people from surrounding communities to work as construction assistants, construction site drivers, road roller operators, bulldozer operators, and excavator and backhoe operators.

SDG 5 - Gender equality

BAMIN participates in the Women in Mining Brasil (WimBrasil) movement, which aims to increase and support the participation of women in the mining sector.

SDG 8 - Decent work and economic growth
  • BAMIN believes in of the value of entrepreneurship and has supported production groups in areas such as industrial clothing, cooking, beekeeping, and handicrafts, operating in the municipalities of Caetité and Pindaí. The support is undertaken under the auspices of the Transform Project, which is responsible for guiding projects encouraging entrepreneurship through job training, income generation, focus on creative economy, family agriculture, and sustainable production.
  • BAMIN has adopted as standard practice the hiring of at least 60% local labor.
SDG 11 - Sustainable cities and communities
  • Nossa Flora Frutificando is a BAMIN initiative developed alongside 8 communities located between the municipalities of Caetité and Pindaí. The project celebrates the rich knowledge and popular traditions in cultivating typical fruits from the region's biomes. The shared records were transformed into a book, a video series, and a photographic exhibition at the Museum of the Alto Sertão of Bahia. Check it out at https://www.nossaflorafrutificando.com.br/

We are committed to raising standards of corporate governance, ensuring ethics and guaranteeing that integrity is always integral to the conduct of business. We work hard to foster communication and close relationships with stakeholders, engaging the supply chain in the sustainability agenda.

SUSTAINABLE DEVELOPMENT GOALS

OBJETIVOS DE DESENVOLVIMENTO SUSTENTÁVEL
SDG 16 - Peace, justice and strong institutions
  • BAMIN's employees undergo annual training on our Code of Conduct and Compliance Policies.
  • BAMIN has a Counterparty Due Diligence Procedure (CPDD), which applies to the company's business partners and related parties. Ethics and Compliance
BAMIN's Sustainability Report | 2022