SOCIAL RESPONSIBILITY

Ocean Minerals strives to be and is committed to being accountable, responsible, transparent and safe in all aspects of our business.

Our operations are conducted in a responsible manner to ensure we contribute positively to the communities within which we work, minimise impacts to the environment, and prevent harm to people working within or with our company.

Sustainability

• Aim for zero harm to our staff and partners though learning and caring.
• Meet and exceed local and international legal requirements.
• Manage risks and impacts through mitigation and monitoring measures.
• Promote healthy and safe working environments.
• Pursue innovation through research and development.
• Be responsible, ethical and transparent in our dealings with stakeholders and involved parties.
• Contribute to the United Nations’ Sustainable Development Goals.

Community

• Meaningfully engage with the community and stakeholders early and throughout the process of development.
• Encourage the hiring and development of local workforce and suppliers.
• Understand and respect the social and cultural aspects and traditions of the countries where we operate.
• Proactively develop, promote and support socio-environmental programs in the countries where we operate.

Safety

Ocean Minerals is committed to providing a safe and healthy workplace to all our employees, stakeholders, contractors, partners and members of the public.  Our policy of “zero harm” is a core principle.

ETHICS AND CODE OF CONDUCT

All OML’s relationships are underpinned by high ethical standards to be followed by the Board of Directors and its Advisory Committees, Associates, employees and interns in relations with the company itself, with co-workers and with people who have any kind of link with OML.

OML conducts its business activities guided by a set of values that reflect high ethical and moral standards, aimed at assuring credibility and preserving the company’s image in the markets in which it operates, in the short and long term.

The fundamental principles of the company and its subsidiaries include the following:

• Respect for life, with attention to preventive measures, care for well-being in the workplace, health and safety, and valuing its employees;
• Observing good corporate governance, accounting and management principles and practices, as well as clear, objective and timely communication with shareholders, and investors;
• The protection, promotion and awareness of Human Rights in its activities and throughout its supply chain in accordance with the principles of the Universal Declaration of Human Rights; and
• Achieving its business goals in line with its corporate social responsibilities, acting consciously and responsibly with respect to socioeconomic and environmental issues throughout its activities, and contributing to the development of the communities in which it operates, as well as encouraging active participation.
• Acting with responsibility, honesty, trust, respect and loyalty; and
• Observing the legal obligations applicable in the countries where the company operates, directly or indirectly, through its subsidiaries.

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