According to the Top Mining and Metals Risks and Opportunities in 2023 report by EY, sustainability—under the Spanish acronym ASG, which refers to the management of the environmental, social, and governance aspects of an organization—poses the greatest risk but also offers the greatest opportunity to the mining industry. This topic is becoming top of mind among senior executives, who understand the need to integrate it into their business strategies and operation.

The fourth most critical risk is the social license to operate, highlighting the significance of the 'S' in ASG. This aspect encompasses contributions to communities and collaborative efforts aimed at fostering harmonious coexistence and generating productive leverage and shared value. Such endeavors enable the appropriate development of projects and deliver long-term benefits to the territories that host them.

Given the strategic relevance of this topic in recent years, Hatch has extended its presence throughout South America, including Peru, through its Community Engagement and Social Performance (CESP) practice. This practice offers services aiming at bridging the gap between business objectives and the social needs of the communities. The CESP practice was established at a corporate level in 2018. Since then, it has expanded across Canada, Australia, Africa, and now South America, where it is being introduced by María José Ochagavía, Regional Director of Hatch. With a team of over 40 social practitioners who possess international knowledge in best practices and the highest standards of social performance, combined with a deep understanding of the territories and their unique realities, we are equipped to develop a roadmap for sustainable socioeconomic growth.

This aligns with the focus of Hatch, a company that is committed to the principles of the United Nations Global Compact and strives to promote the objectives of the 2030 Agenda and the targets of the Sustainable Development Goals.