Eramet: "CSR Essentials" brochure

ESSENTIALS

CSR

Editorial

Faced with a climate emergency and an unprecedented health crisis, our world is at a turning point.

What is at stake? If not the future of the planet, at least the quality of life of the next generations. States, companies, citizens, we all have a responsibility to get involved in this historic shift. As a major player in the mining and metallurgical industry, Eramet is inevitably and consciously on the front line.

Tomorrow's industry will be exemplary in terms of corporate social responsibility... or it won't be. This conviction is at the root of the profound transformation carried out by the Group in recent years. Corporate social responsibility is now at the heart of every decision we make and every project we undertake. Strategy, ma- nagement, digital: only a complete change of model will enable us to become a reference in the responsible transformation of the Earth's mineral resources for living well together, our Purpose.

This brochure shows how far the Group has come in terms of CSR. It does not propose a catalog of declarations, but concrete achie- vements. A progress report in relation to the targets we have set ourselves. It is not the time for grand speeches but for action.

Christel Bories

CEO and Chair of the Eramet group

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About us

With operations in 20 countries around the world, Eramet is a major player in the beneficiation of ores and metals, as well as in the production and transformation of high-performance alloys. Fully committed to the energy transition, the Group aims to become a reference in the responsible transformation of the Earth's mineral resources for living well together.

Our commitments

Ethics, compliance, responsible resource management: in the face of social and environmental emergencies, Eramet is committed to meeting the most demanding international CSR standards.

With exceptional mines and metallurgical plants with historic know-how, the Group is the world's 1st producer for both high-grade ferronickel and manganese alloys, the world's 2nd largest producer of high-grade manganese ore and the 4th largest producer of zircon. Eramet also has recognized expertise in the development and processing of high added-value alloys such as high-speed steels, high-performance steels, superalloys, and aluminum or titanium alloys. The Group's clients include leaders in the steel, stainless steel, aerospace, pigment manufacturing

and energy production industries, along with developers of new generations of batteries.

Driven by an in-depth transformation, Eramet has clearly defined ambitions: to become a strategic player in the energy transition. This involves strong commitments in social, societal and environmental matters, but also innovation, particularly digital innovation, to transform its know-how and the way it approaches its businesses. From the mine to the products, from impact studies to recycling, each step of the value chain is optimized.

More than ever, our world and our societies appear vulnerable. In this particular context, marked by a global crisis and the weakening of resources, the major industrial groups - especially those in the mining and metallurgical sectors - must assume their share of the responsibility.

Active on five continents, Eramet wishes to promote transparency and the implementation of the best international standards in its areas of activity. This is why the Group has chosen to join the Extractive Industries Transparency Initiative (EITI) and to become a partner member of the Responsible Minerals Initiative (RMI) to contribute to the improvement of best practices in the responsible sourcing of metals.

THE KEY ROLE OF STAKEHOLDERS

Eramet believes that the effectiveness and sustainability of its projects depend on the quality of the links forged with all its stakeholders. The Group is therefore committed to systematically implementing a partnership approach with governments, elected officials, international donors, contractors, local communities and civil society (see pages 16-17). This is one of the essential conditions for our right to operate.

13,129	36	3.553
employees	mining and	million in revenue*
	industrial sites

*2020 figures

More broadly, Eramet's actions are in line with recognized approaches. With its subsidiaries, the Group is particularly committed to providing concrete responses to the Sustainable Development Goals (SDGs), the priorities defined by the United Nations for a better and more sustainable future for all. Similarly, Eramet has joined the Global Com- pact, one of the main mechanisms initiated by the UN to support companies' voluntary commitments.

On the most material subjects, the Group affirms its commitments through a number of policies and dedicated charters. For example: Ethics Charter, Environmental Responsibility Policy, Safety Policy, Human Rights Policy, etc. (to be found on our website).

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Main industrial sites

Eramet Marietta (USA)

Eramine Sudamérica (Argentina)

GCO (Senegal)

AMERICAS

	United States
	Eramet Marietta
Comilog (Gabon)	Argentina
Eramine Sudamérica
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France		Spain		Norway
Aubert & Duval		Aubert & Duval		Eramet Norway
Erasteel		Sweden		TiZir Titanium
Eramet Ideas			& Iron (TTI)
	Erasteel

EUROPE

AFRICA

ASIA-

OCEANIA

Gabon

Comilog

Setrag

Senegal

Grande Côte Opérations (GCO)

Aubert & Duval (France)

Eramet Norway (Norway)

SLN (New Caledonia)

China

Erasteel

India

Aubert & Duval

New Caledonia

Société Le Nickel (SLN)

Indonesia

Weda Bay Nickel

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Interview with Virginie de Chassey,

Director of Sustainable Development and Corporate Responsibility at Eramet

progress, for which we owe a great deal to the site teams, is still not enough. In addition to our employees, the populations around our sites must be able to benefit from the positive impact of our activity. This is why in 2020, beyond jobs, purchasing, duties and local taxes, we invested €21.4 million in actions that contribute to health, education or training.

Our goals are ambitious, but it is absolutely essential that we achieve them.

CSR is a key factor

How do you reconcile environment and industry?

What are your priorities for 2021?

of our performance

We continue to evolve our ecosystem. Our efforts have resulted in several significant advances in 2020, such as a 25% reduction in our CO2 emissions per ton produced, a 56% reduction in our air emissions, and an equal share

Hand in hand with the populations around us, we want to maximize our positive impact: developing education and supporting entrepreneurship and the local economy. And always pay the utmost attention to the environment

Is it really credible for an industrial group to adopt a sustainable development approach?

We have no choice! It would be a recipe for disaster otherwise: there are plenty of examples of companies that have been challenged for not having got the measure of the subject. Having a solid CSR approach is a key performance factor. And it is also makes a company more attractive. Our young people no longer want to work in groups that are not committed to preserving our planet. And in our case, it is simply our right to operate that is at stake.

of rehabilitated mining areas and cleared areas. These advances earned us a 3rd place ranking out of 43 companies on the Mines & Metals panel by the Vigeo-Eiris agency in 2019. Similarly, ISS ESG awarded us the "Prime" status in 2020, underlining that our ESG (environment, social and governance) performance is higher than average for companies in the sector. The Wall Street Journal also ranked Eramet in its top 100 best-managed companies in terms of sustainability!

and biodiversity. Our sector is still very male-dominated, and we have a goal to increase the number of women: more gender diversity means more creativity and therefore better performance. With Eramet's purpose, our CSR roadmap sets a course for the entire company. Our goals are ambitious, but it is absolutely essential that we achieve them.

A quick word about the health crisis that marked the beginning of this new decade. How did Eramet manage this period?

The Group first took urgent action to protect the health of its employees by implementing a very strict health protocol on all its sites. We then quickly adopted a solidarity plan: an exceptional allocation of €1.5 million was released and €8.5 million from the Community investment budget were reallocated to actions to fight the pandemic. In ad- dition, all over the world, our employees have carried out solidarity initiatives, whether by donating materials and equipment or by providing food to vulnerable people. In this difficult period, the teams demonstrated their agility, their fighting spirit and great solidarity.

We have therefore made concrete commitments, formalized in our CSR roadmap. With measurable short-term objectives, precise indicators and an annual publication. All of this provides concrete evidence of our commitments.

Where did you start?

With the men and women of the Group! We can't do anything without them. We must improve their daily work lives in order to implement all the conditions allowing them to become actors of change. Health, development, dialog, quality of life... we are working on all these aspects. But our number one priority is their safety. In 2020, we were able to reduce the number of accidents by 24%. However, this

In concrete terms, how do you measure the progress of your objectives?

We started by mapping all our risks with the help of cus- tomers, suppliers, NGOs, associations, etc. All the subjects that enable us to make a positive, real change are translated into actions with KPIs. Each year, we measure our CSR performance index. In 2020, it is 102: most of the year's objectives have been achieved, and half have even been exceeded.

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