In addition to creating shareholder wealth, Paladin’s corporate core values address contributing to the growth and prosperity of host countries and responding positively to community needs and expectations. The Paladin Group of Companies seeks to meet its Corporate Social Responsibility (CSR) undertakings through the following actions across its operations:
Stakeholder Consultation: Paladin understands the linkages and interdependence between the Company and its stakeholders and encourages communication with stakeholders at local, national and international levels.
Ethical Business Behaviour: Internally and externally, ethical behaviour is reinforced through a formal ethical code and non-tolerance of corrupt and unethical behaviour or practices.
Social Accountability: Paladin believes that the Company is accountable to stakeholders for its social impacts and to effectively monitor and report social performance.
Community Development: Paladin actively supports a range of community social development and local business development initiatives in consultation with local communities.
In framing its approach to managing Social Sustainability, including the processes of community engagement, community development, corporate social responsibility and cultural awareness, Paladin has adopted as its policy in accordance with our commitment to Enduring Value – the Australian Minerals Industry Framework for Sustainable Development. As a signatory to Enduring Value, Paladin is committed to continually improve its social, environmental and economic performance. This commitment is also aligned to the 10 Sustainable Development Principles of the International Council on Mining and Metals (ICMM).