OUR APPROACH TO SERVING OUR COMMUNITIES
The focus of our social engagement strategy is on generating a positive impact. We do this by building long-lasting partnerships with local communities and through implementing initiatives that aim to address their needs.
Our approach to generating positive impact is guided by our Community Relations Policy which emphasises our dedication to building trust and listening to community concerns.
Q1 2026 Highlights
65.1%
Local procurement vs total procurement
2025: 65.9%
0.97%
Social investment vs net revenue
2025: 1.09%
Social engagement strategy focus areas
Assessing our impact
At Hochschild, we consider how our operations may affect the local community (including indigenous communities), either directly or indirectly; this consideration is formally included within our application for environmental permits, under the Free Prior Informed Consent (FPIC) process, and by conducting social impact assessments as part of our permitting applications prior to settling in new areas.
Engaging with our communities
We engage in regular dialogue with local communities and monitor our social impact by gathering detailed feedback to ensure that stakeholders are informed of Company activities, queries are responded to, and suggestions are encouraged and received. Communication channels are tailored to each community to maximise engagement, and typically include guided site visits, meetings with authorities and community members, focus groups, and participatory environmental monitoring.
Our Permanent Information Offices (PIOs), which serve the Inmaculada, Pallancata, San Jose, and Mara Rosa mines, provide a central point of contact for communities to raise questions or concerns about our operations, and confidentially receive and manage any grievances that may arise in line with our formal grievance procedure, whether they are delivered in person or through our digital channels.
Community investments and supporting local governments
We hold strategic agreements with local municipalities in the three countries where we operate to strengthen community wellbeing from a multistakeholder and coordinated perspective. These agreements typically include investments in education and scholarships, public infrastructure, the improvement and expansion of essential services, and capacity-building.
To ensure effective oversight of our social initiatives, we quarterly monitor social investment against net revenue and are currently surpassing our 2030 target of 0.90%. Find further details of our community investment programmes in the Case Studies and SDG Alignment boxes below.
Local employment
Generating employment opportunities for residents living near our mining operations is a key part of our community contribution. We strive to generate local employment opportunities and aim to gradually increase this over time, reaching a representation of local employees and contractors of 60% against the total workforce.
The effort to employ locally is implemented through our programmes and initiatives, such as the Mining Partner Programme described in our Case Studies below.
Procuring local goods and services
Alongside creating local employment opportunities, we also look for ways to support local businesses. This is a core activity at Hochschild, and one that enables businesses to generate long-term, tangible socio-economic value for communities.
These efforts are supported through socio-economic development programmes and initiatives, as well as our yearly action plans towards the 2030 ambition.
Contribution to the SDGs
