Governance and CSR Management
Our vision is to maximize long-term community benefits and shareholder value through the responsible development of mineral resources.
Our Code of Ethics is adopted by our Board of Directors and defines our commitments to
ethics and sustainability in our social and environmental business practices. It applies to all employees, contractors, officers and directors of the Company.
The purpose of the Code is to promote honest and ethical conduct, with full, fair, accurate, timely and understandable disclosure. To ensure and monitor compliance with all applicable rules and regulations, each employee receives a copy of the Code, and is required to sign an acknowledgment of understanding and receipt during their induction training. The Code of Ethics includes provisions for addressing ethical conduct, conflicts of interest, compliance and disclosure obligations, financial reporting, accountability, violations of the Code, bribery and corruption, health, safety, environment, and human rights.
Our Whistleblower Policy allows anyone—employees, officers, directors, contractors, and subcontractors—to raise concerns regarding the Company’s accounting, internal accounting controls, auditing matters or violations or suspected violations of its Code of Ethics without fear of harassment, retaliation, or adverse employment consequences.
Whistleblower reports may be directed to the Chairman of the Audit Committee, or to a confidential and anonymous hotline. The hotline service is available 24/7, and is independent and externally managed. The Whistleblower Policy is available on the Nevsun website and is also contained within the BMSC Employee Handbook and the Rakita Employee Manual , and posters and business cards in local languages are provided to each subsidiary employee.
In addition to the Code of Ethics and Whistleblower Policy, BMSC in Eritrea adheres to numerous site-level policies in environmental management, health and safety, employee relations, and social responsibility.