Fully aware of its responsibilities, Eramet implements a long-term, responsible and socially aware vision. This commitment is reflected in how carefully it conducts its activity by ensuring it protects the environment, establishes relationships of trust with host communities and participates in the economic development of local areas.
Eramet contributes to the economy of the countries and areas where the Group is established, primarily through:
- taxes and fees paid to States and localities;
- dividends for public shareholders that have holdings in Eramet and in its subsidiaries around the world;
- the wage bill;
- the realization of local purchases, contributing in particular to the creation of indirect employment;
- community investments for the benefit of the populations near our sites (support for infrastructure, health, education, economic diversification, etc.).
These contributions are made completely transparently. In line with its obligations, in 2021 Eramet published a document listing the main indicators on contribution to the economy of local areas: Reporting on financial transparency of the Group as at 31 December 2021. These elements are aligned with the principles established by the work of the EITI (Extractive Industries Transparency Initiative), which has drawn up best practices for the sector - an initiative that Eramet has supported as a sponsor since 2011.
In 2020, the Eramet group's contribution in its main areas outside mainland France totaled:
- €566M in Gabon
- €440M in New Caledonia
- €347M in Norway
- €100M in United States of America
- €112M in Senegal
- €88M in Indonesia
- €15M in Argentina
- €370k in Cameroon
View the main contributions details by clicking here.
PROMOTING LOCAL DEVELOPMENT
Supporting the local communities living near the Group's facilities is a key part of the strategy being implemented by Eramet's teams. More than 65,000 people benefited from the Group's social programs in support of young people, health and local development, with a total expenditure of over €11 million. The Group favours a partnership approach. For example, SLN is placing increasing emphasis on supporting the economic diversification of the areas in which it operates, in particular through financial support for ADIE (Association pour le Développement de l'Initiative Économique), which offers microcredit and support services to micro-entrepreneurs.