Corporate
Responsibility

We are committed to ensuring that Tec Resources is recognised as a responsible organisation with high CR performance standards
Maintaining high standards will be a key enabler for the business to successfully grow to the benefit of all stakeholders, whose concerns and aspirations we must also understand if we are to develop long-standing, successful relationships.
We define CR within three key areas:
- Host community engagement and social investment
- Environment, health, safety and risk management
- Corporate governance and business ethics
Host community engagement and social investment
- Promote an ongoing proactive engagement with host communities for a peaceful co-existence in order to create an enabling environment for Tec’s operations
- Where host community relations may have lapsed or deteriorated, initiate a reconnection programme
- Establish what is needed vs. wanted with an inclusive approach
– Prioritise capacity building
– Employment opportunities
– Healthcare and education
- Ensure compliance with local content regulations
- Transparent and auditable social investments
Environment, health, safety and risk management
- Abide by international best-practice environmental management standards rather than just abiding by local regulations
- Perform regular environmental impact assessments to identify any and all risks, and maintain emergency preparedness and response plans
- Aim to eliminate events that may lead to injury and losses through identifying, assessing and mitigating health and safety risks
– Hazard identification studies
– Hazard and operability studies - Require that all contractors adopt the same standards and principles and align EHS programmes
- Meet the security challenges to provide a safe and secure workplace by having a comprehensive security programme in place
Corporate governance and business ethics
Comply with all governmental laws, rules and regulations applicable to the business
- Fully aware of the UK Bribery Act and US Foreign Corrupt Practices Act; ensure adequate compliance procedures are in place to prevent corrupt practices
- Retain tight control over key areas of susceptibility (i.e. Blind procurement and payments systems)
- Remain current and up to date with all royalty and tax payments (ensuring good standing of licenses) and pay all invoices and loans on time
- No political alignment and zero political donations policy
- Require that all contractors and suppliers comply with our business ethics