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2013 Sustainability Report
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glossary
GRI
indicators

Commitment to External Initiatives

Precautionary Principle | External Codes and Initiatives | Industry Associations

As a responsible corporate citizen with responsibilities to our people, our communities, our industry and the environment we all share, Goldcorp has been steadily increasing our presence on national, international and industry-specific boards and organizations.

4.11

Precautionary Principle

The precautionary principle states that when an activity raises threats of harm to the environment or human health, precautionary measures should be taken, even if some cause-and-effect relationships are not fully established scientifically.

Goldcorp adopts a risk-based approach to business development. New projects (and upgrades, modifications or expansions of existing operations) undergo an assessment of potential environmental and social impact prior to implementation. For new projects, this is usually in the form of a public impact assessment report, in which the existing (baseline) conditions are described, the proposed project is outlined, potential impacts (both positive and negative) are identified, and modifications and controls to minimize potentially adverse impacts are identified.

In all cases, provision is made in the assessment process for public consultation and input. Goldcorp is committed to engaging in consultations with potentially affected host communities prior to making significant development decisions, regardless of any legal requirement to do so. For upgrades, modifications or expansions of existing operations, the level of assessment is commensurate with the potential impacts of the proposed change.

4.12

External Codes and Initiatives

In keeping with our commitment to social responsibility, we have adopted a number of voluntary codes and other external instruments that we consider particularly relevant to our business. We will continue to monitor the advancement of sustainable development initiatives in civil society.

Our key commitments include:

  • UN Global Compact
  • Extractive Industries Transparency Initiative
  • International Cyanide Management Code
  • Carbon Disclosure Project
  • Devonshire Initiative
  • Business for Social Responsibility
  • Global Reporting Initiative
  • International Council on Mining and Metals
  • World Gold Council’s Conflict-Free Gold Standard

See External Commitments summary for more information on our key external commitments.

4.13

Industry Associations

An industry association is a non-profit mutual benefit organization formed to provide services for its members and to promote education and professional standards. Goldcorp is a member of the following industry associations:

  • Association for Mineral Exploration BC
  • International Council on Mining and Metals
  • Minealliance – Québec, Canada
  • Mining Industry Roundtable on Safety
  • National Mining Association – US
  • Nevada Mining Association – Nevada, US
  • Northwest Mining Association – US
  • Ontario Mining Association – Ontario, Canada
  • Prospectors and Developers Association of Canada
  • World Gold Council