GRI
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2-29
KGHM is a global player, but firmly rooted in local communities. Due to the scale of our operations, we are also an important link in the national economy. KGHM Polska Miedź S.A.’s shares are listed on the Warsaw Stock Exchange, and our achievements attract the attention of both Polish and international investors. Moreover, we have taken decisive steps in the direction of a green transition, committing in our strategy to achieve climate neutrality by 2050. We realize that all the factors mentioned require transparency and monitoring of stakeholder needs and opinions. We feel obliged to maintain the high quality of communication and reporting obligations resulting from dynamically changing regulations. This report is one of the tools through which we meet the expectations of the environment.
Map of Key Stakeholders of the KGHM Polska Miedź S.A. Group in 2022
| Stakeholder type | Specification |
| Key Stakeholders | |
| Employees, including trade union members | Including former employees and potential employees |
| Owners | Parent Entity KGHM Polska Miedź S.A. and Group companies |
| Representatives of local and national government | Local governments of the municipalities, in which the company operates; State Treasury |
| Local community members | Social groups that are not non-government organizations, i.e., for example, social welfare centres |
| Suppliers | Suppliers of the entire value chain, including JV partners in which KGHM holds shares |
| Clients | Domestic and international |
| Regulators | Including, among others, the legislature, the judiciary, standardization/metrology bodies |
| Stock exchange environment | Shareholders, bondholders, rating agencies |
| Supervisory authorities | E.g. Polish Financial Supervision Authority (KNF), the Chief Labour Inspectorate (PIP), certification bodies, industry authorization bodies (e.g. PSSE, PIWet). |
| Exchanges in Warsaw and London | London Metal Exchange and the Warsaw Stock Exchange |
| Financial markets | Including, among others, banks and insurers |
| Other Stakeholders | |
| Media | All types: domestic and international |
| Competitors | Domestic and international |
| Indigenous people | This refers to the KGHM Group, mainly the first nations of the North America |
| Trade organisations | Domestic and international, such as chambers of commerce, International Copper Association (ICA) |
| International organisations | E.g. the UN |
| Academic and research institutions, universities | Running their operations in Poland and abroad |
| Non-governmental organizations | Non-governmental organizations (NGOs) with a social and environmental profile |
Channels of communication with Stakeholders
Examples of communication channels and tools of the KGHM Polska Miedź S.A. Group towards selected key stakeholder groups in 2022.
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Employees KGHM’s priority is the health and safety of employees, their professional development and the continuous improvement of working conditions |
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Representatives of government administration The company works with government administration at all levels on the use of local resources, labour and environmental policies. KGHM organizes consultation and information meetings with the participation of representatives of areas where it operates or plans to operate |
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Local community members KGHM conducts extensive dialogue with local communities. It results in infrastructure development activities: supporting local charity organizations, science, culture and sports. For the sake of the health of employees and residents of the region, campaigns are organized to promote an active lifestyle |
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Shareholders and the stock market environment As a public company, KGHM is developing additional forms of dialogue with capital market participants. It conducts an open and effective information policy using, among other things, electronic media at the local and national level. It organizes meetings and study visits for analysts and fund managers |
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Media KGHM builds good relations with the media by providing them with precise, comprehensive information on the Company’s current situation and actions taken |
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Business partners KGHM maintains ongoing contact with its business partners to monitor their needs and level of satisfaction with service in business relationships |
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