Codelco

Codelco is Chile’s state-owned copper producer since 1971. Codelco operates seven mines and four smelters, all located in Chile.
Supporting Company through membership of ICMM

Statement of support

Sustainability Report 2011
In line with the Corporation’s policy on transparency, through our participation in the International Council on Mining and Metals (ICMM), we support the Extractive Industries Transparency Initiative (EITI), a global initiative whose goal is to build partnerships in developing countries to strengthen government transparency and accountability.

Engagement with the EITI 

Codelco strongly supports the international agenda promoting transparency of the extractive industries especially: higher standards on conflict of interest, permanent auditing of non-tendered procurement and publication of relevant information on its website. Read more about Codelco's Values and Transparency policy on Codelco's website.

The company does not have operations in EITI implementing countries and provides all reporting information required by national regulations regarding transparency of revenues.

In October 2011, Codelco entered the International Council on Mining and Metals (ICMM). Through the ICMM, Codelco is committed to improving its sustainable development performance in an open and collaborative way, publicly reporting on sustainability performance on an annual basis. ICMM contributes to the international EITI on behalf of all its members.

Codelco is a member of the Global Reporting Initiative (GRI) and follows its guidelines for the Development of Sustainability Reports. Read more on Codelco's website

Link to the statement of support on Coldelco's website

Statement of support for the EITI on Codelco's website