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De Beers Raises Social & Training Spend by 13% in 2015
May 5, 2016 2:54 AM
By Rapaport News
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RAPAPORT... De Beers spending on skills training for its workforce and
social projects jumped last year, according to the miner’s Report to Society
published this week.
The company pumped $52.5 million into the cause in 2015, a
13 percent rise compared with a year ago. Investment in workforce training
surged 30 percent to $24.3 million, while spending on social projects added 2.2
percent to $28.2 million.
De Beers said its safety performance improved and the
company saved $6.8 million by reducing energy consumption and carbon emissions
over the last two years.
“Positive performance must not be
seen as grounds for complacency,” Philippe Mellier, the chief executive officer
of De Beers, said. “We will redouble our efforts in 2016 so that diamonds
continue to have a positive and lasting impact for our partners, our employees
and the communities in which we operate.”
Separately, the company recorded 173 “infringements” of De
Beers best-practice principles by sightholders and accredited buyers, an
increase from 111 in 2014. Of these, the largest increase was “social
infringements,” which jumped from 83 to 143. This category covers areas such as
compliance with labor laws, health and safety standards and human rights
frameworks.
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Tags:
best practice, De Beers, labor law, Rapaport News, social responsibility, training
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