Lucara continues to build a leading and responsible African-focused diamond production and development company. We have adopted and apply good international corporate governance principles aligned with our values and the requirements of publicly listed mining companies. In February 2018, we become a signatory to the United Nations Global Compact so as to demonstrate our commitment to implement, disclose and promote its human rights, labour, environment and anti-corruption principles. Our UN Global Compact Index is included with the separate GRI Index document.
To enhance understanding and to ensure compliance with our Code of Conduct, our business leaders and senior managers, employees and main contractors are required to undertake training on compliance with the code. Senior management also undertake training on other relevant standards and compliance programs, for example, on requirements under the Extractive Sector Transparency Measures Act and United States Office of Special Council Whistleblower Program.
Our vision of corporate responsibility is founded upon a set of principles which guide our relationships with shareholders, employees, suppliers, partners, governments, and the communities affected by our operations.
Corporate responsibility is central to our strategic and operational thinking. We cannot sustain good financial and operational performance without simultaneously achieving our objectives in health and safety, environmental stewardship, human resource development, and community investment. We believe our transparent approach to doing business is the only way to fully engage our stakeholders in a meaningful and mutually beneficial relationship.
We continue to apply our commitment to corporate responsibility as recognized by our receipt of the PDAC 2016 Environmental & Social Responsibility Award "for outstanding leadership in environmental protection and good community relations."
Code of Business Conduct and Ethics
Our Code of Business Conduct and Ethics sets out corporate guiding principles that Lucara and its subsidiaries expect from their employees, directors, and officers. The Code includes a section on human rights and harassment free working environment, and prohibition of child and forced labour. The ultimate responsibility of human rights policy rests with our board. (VIEW PDF)
Corporate Social Responsibility Charter
Lucara recognizes that effective stakeholder engagement can create value and mitigate risk for both the company and its stakeholders. We acknowledge that mining is, by definition, finite and, therefore, work to provide lasting benefits in the communities where we live and work. (VIEW PDF)
Lucara complies with the Kimberley Process Certification Scheme and received our first certification as a diamond producer under the Responsible Jewellery Council scheme in August 2017. Lucara is also a founding member of the National Diamond Council, formerly the Diamond Producers Association.
In line with good international industry practice, we disclose our payments to governments in compliance with Canada’s Extractive Sector Transparency Measures Act (ESTMA) and the EU Transparency and Accounting Directive. (Sustainability Reports)