Fair Trade & Ethical Sourcing

In 2023, 91.4% of invoices were from local suppliers

, and in 2024, 93% of procurement came from Spain , reflecting the company's strategy to prioritize local sourcing. The company ensures that deficiencies are rectified immediately . No incidents of child labor were identified , and new suppliers are required to accept the company's Code of Conduct, which condemns child and forced labor and addresses human rights and anti-slavery . Additionally, the company commits to paying 95% of invoices within agreed terms , including 95% of small business invoices within 30 days .

Honest & Fair Business

The company has a robust Anti-Bribery and Anti-Corruption Policy with a zero-tolerance approach, which is reviewed annually by the Board.

This policy applies to all associated persons, explicitly considers facilitation payments as bribes , sets specific quantitative thresholds for gifts and entertainment (e.g., €1,000 for gifts requiring CEO approval) , and requires annual certifications from staff and third parties, along with checks on third parties acting on its behalf. Additionally, the company maintains a Whistleblower Policy that allows for anonymous reporting and guarantees no retribution for good faith reports , with concerns reviewed by the Legal Committee. In terms of financial reporting, the company had one restatement in the past five years, specifically a reversal of a previously recorded impairment from 2019, which occurred in 2024.

Kind to Animals

As a copper mining company, most KPIs related to animal products, testing, or agriculture are not applicable. The company's operations do not involve cruelty-free certifications, alternative testing methods, humane certified operations, animal-derived inputs, cage-free sourcing, animal testing policies or volume, animal agriculture ethics, or animal-free R&D collaboration. While the company implements specific management plans for biodiversity and protected species, including a bat conservation project that saw the bat population increase from 100 specimens in 2015 to 523 in 2024,

and the construction of a dedicated bat refuge, and consistently exceeded the mandated 25% transplantation rate for the protected flora species Erica andevalensis, averaging over 35%, these efforts cannot be quantitatively scored against the 'wildlife_conservation_impact' KPI due to the absence of reported conservation funding as a percentage of revenue. The company conducts general environmental and health & safety audits for its suppliers and collaborates with industry associations on safety regulations, but not specifically on animal welfare.

Planet-Friendly Business

Atalaya Mining reported a 99% non-hazardous waste diversion rate in 2024.

For water, 81% of total water used at Proyecto Riotinto was recycled in 2024. The company does not currently implement carbon offsets and has not set a Net Zero 2050 commitment. It has internal Scope 1 & 2 climate reduction targets (15% by 2025 and 25% by 2027 from a 2022 baseline) but no SBTi-validated targets. In 2024, 20 minor environmental deficiencies by contractor companies were detected, which had no environmental impact and were immediately rectified. The company reported one environmental impact study for Proyecto Touro. Atalaya publishes Climate Change Reports following TCFD recommendations since 2023 and uses scenario analysis considering global temperature increases of less and more than 2°C, with medium (2030) and long-term (2050) horizons. For just transition, the company offers a Mining Facilities Operator course for unemployed people from the region , and 67% of Riotinto’s workforce came from nearby villages in 2024.

Respect for Cultures & Communities

In 2024, 72.5% of the company's total workforce was recruited from local communities across all assets.

In the same year, 93% of procurement spending was directed to Spanish suppliers. The company has established 14 formal partnerships with local community groups and institutions, including educational institutions, social organizations, and the Río Tinto Foundation. A whistleblowing system and a stakeholder communication procedure are in place at Proyecto Riotinto, the company's principal asset, which accounts for over 90% of its workforce. The company has no reported cultural appropriation incidents and actively protects and restores cultural and heritage sites, including archaeological excavations, consolidation of historical structures, and restoration of brownfield mining sites. FPIC processes are not applicable as no indigenous communities are mentioned, and the company does not specifically track indigenous or minority-owned suppliers. The company demonstrated a reactive response to a community concern by addressing a noise complaint from the Mayor of El Campillo with a noise study and sound barrier.

Zero Waste & Sustainable Products

Atalaya Mining diverted 99% of its non-hazardous waste from disposal.

The company has a waste minimization plan, submitted in May 2022, outlining implementation until 2026, and aims to decrease industrial waste production by 2% annually per tonne of concentrate. Initiatives include maximizing recycling rates for hazardous and non-hazardous materials, digitalization of waste inputs and outputs, waste management training, a protocol for non-hazardous waste reuse, and facilities for recycling household electronics and batteries. The company also reuses 44 million tons of waste rock material from open-pit mining to reinforce the existing tailings storage facility (TSF) wall and for solar plant construction, and uses a tailings thickener to recover water. Hazardous materials are managed properly, and recycling rates for hazardous materials are maximized. Legal compliance audits are conducted every two years, and no necessary amendments were identified during internal and external audits in 2024. Contractors are ranked based on environmental and safety performance.