Economic Impact

programs & Initiatives

We work hard to understand community needs and interests and collaborate to identify and implement beneficial and viable programs and projects that contribute to community well-being and self-reliance beyond the lifespans of our mines.

Strategic Priorities

Participatory community processes such as baseline assessments conducted jointly with communities and third parties help us understand the existing social context, the actual and potential impacts of our operations, and community needs and interests. This enables us to identify opportunities for long-term investment
Socio-economic development programs focus on education, health, and alternative economic opportunities intended to provide long-term benefits
Local procurement initiatives engage and build capacity with local suppliers

2022 Goals

Continue expanding our socio-economic programs and projects in the communities near our mines.

Prioritized SDGs

UN SDG Icon for SDG 3: Good Health and Well Being

UN SDG Icon for SDG 4: Quality Education

UN SDG Icon for SDG 8: Decent Work and Economic Growth

UN SDG Icon for SDG 12: Responsible Consumption and Production

Strengthening the Avocado Production Chain

Aligned with our objective of co-creating economic opportunities with our host communities, Pan American developed a project to increase Avocado production in the Condebamba Valley of the Cajamarca province.

150

producers trained in organizational and commercial skills for the avocado market

planted with Hass avocado trees

of modern irrigation systems installed

Learn more

The main objective is to encourage a sustainable source of income for 500 local producers.

Guinea Pig Breeding Program

Pan American co-developed a guinea pig breeding project in the Condebamba Valley of the Cajabamba province, where our Shahuindo operation is located.

of financing for this project is provided by Pan American

200

producers is the goal by 2023

100

sheds is the goal by 2023

Learn more

We are collaborating with local producers, providing 40% of the financing for the project.

Public Works for Taxes

In Peru, Pan American is working with the government under a program aimed at encouraging private investment in public infrastructure projects.

Learn more

Partnering with governments can be a powerful way of advancing projects to benefit local communities.

2022 Sustainability Report

Our 2022 Sustainability Report is prepared in accordance with Global Reporting Initiative (GRI) Standards and the Sustainability Accounting Standards Board (SASB) Standard. It also contains information in consideration of the Task Force on Climate Related Financial Disclosures (TCFD) reporting framework.