Engineers Without Borders has praised Kinross’ procurement reporting as a “best practice” in its most recent report on “Local Procurement and Public Reporting Trends across the Global Mining Industry” and ranked Kinross 8th overall among Canada’s 50 biggest mining companies.
An excerpt from our 2013 Corporate Responsibility report was highlighted as a model for concise, targeted and easy to access information, which the organization described as demonstrating “best practices in public local procurement reporting.” The page shows a simple chart detailing our operations on a country-by-country basis with a percentage breakdown of the goods and services obtained locally, in-country and imported.
“We are pleased to be recognized for our reporting and transparency, which shows our commitment to support sustainable local businesses,” said Paul Tomory, Senior Vice-President, Operations Strategy. “We’ve set a target to procure 75-80% of our goods and services within the host country and recognize it’s integral to the long-term economic success of our host communities.”
Engineers Without Borders is a non-governmental organization committed to international development and eradicating extreme poverty. In Canada, the NGO’s Mining Shared Value initiative supports ventures aimed at improving the local impact of mining by helping resource-rich countries capitalize on their mining assets to create growth and development.
