TIDMFRES
RNS Number : 1696F
Fresnillo PLC
17 March 2022
Fresnillo plc
21 Upper Brook Street
London W1K 7PY
United Kingdom
www.fresnilloplc.com
17 March 2022
Ethisphere announces Fresnillo plc as one of the 2022 world's
most ethical companies for the third time
Recognition honors companies demonstrating exceptional
leadership and a commitment to
business integrity through best-in-class ethics, compliance, and
governance practices
Fresnillo plc, the world's largest primary silver producer and
Mexico's largest gold producer, has been recognised by Ethisphere,
a global leader in defining and advancing the standards of ethical
business practices, as one of the 2022 World's Most Ethical
Companies.
Fresnillo plc has been recognised since 2020 and is one of only
three honorees in the Mining & Metals industry. In 2022, 136
honorees were recognised spanning 22 countries and 45
industries.
"Guided by our purpose, we continued to focus on the wellbeing
of people while, at the same time, achieving a respectable
operational performance and continuing to position the Company to
meet the challenges of future years; operating with ethics and
integrity is at the core of our purpose. Thanks to the hard work
and integrity commitment of our people we are proud to be named
again as one of the 2022 World's Most Ethical Companies" said
Fresnillo plc's Chief Executive Officer, Octavio Alvídrez.
"Today, business leaders face their greatest mandate yet to be
ethical, accountable, and trusted to drive positive change," said
Ethisphere CEO, Timothy Erblich. "We continue to be inspired by the
World's Most Ethical Companies honorees and their dedication to
integrity, sustainability, governance, and community.
Congratulations to Fresnillo plc for earning the World's Most
Ethical Companies designation."
Ethics & Performance
Ethisphere's 2022 Ethics Index, the collection of publicly
traded companies recognised as recipients of this year's World's
Most Ethical Companies designation, outperformed a comparable index
of large cap companies by 24.6 percentage points over the past five
calendar years.
The outperformance, which Ethisphere refers to as the " Ethics
Premium ," has remained consistent since Ethisphere began tracking
the performance of honoree companies.
Methodology & Scoring
Grounded in Ethisphere's proprietary Ethics Quotient(R), the
World's Most Ethical Companies assessment process includes more
than 200 questions on culture, environmental and social practices,
ethics and compliance activities, governance, diversity, and
initiatives to support a strong value chain. The process serves as
an operating framework to capture and codify the leading practices
of organizations across industries and around the globe.
Honorees
The full list of the 2022 World's Most Ethical Companies can be
found at https://worldsmostethicalcompanies.com/honorees.
-Ends-
For further information, please visit our website
www.fresnilloplc.com or contact:
FRESNILLO PLC Tel: +44 (0)20 7399 2470
London Office
Gabriela Mayor, Head of Investor
Relations
Patrick Chambers
Mexico City Office Tel: +52 55 52 79 3206
Ana Belem Zárate
POWERSCOURT Tel: +44 (0)7793 858 211
Peter Ogden
ETHISPHERE MEDIA CONTACT
Anne Walker
Anne.Walker@Ethisphere.com
ABOUT FRESNILLO PLC
Fresnillo plc is the world's largest primary silver producer and
Mexico's largest gold producer, listed on the London and Mexican
Stock Exchanges under the symbol FRES.
Fresnillo plc has seven operating mines, all of them in Mexico -
Fresnillo, Saucito, Ciénega (including Las Casas Rosario &
Cluster Cebollitas), Herradura, Soledad-Dipolos(1) , Noche Buena
and San Julián (Veins and Disseminated Ore Body), two development
projects - the Pyrites Plant at Fresnillo and Juanicipio, both of
which have been completed but approvals to operate are pending, and
three advanced exploration projects - Orisyvo, Rodeo and
Guanajuato, as well as a number of other long term exploration
prospects.
Fresnillo plc has mining concessions and exploration projects in
Mexico, Peru and Chile. Fresnillo plc has a strong and long
tradition of exploring, mining, a proven track record of mine
development, reserve replacement, and production costs in the
lowest quartile of the cost curve for silver. Fresnillo plc's goal
is to maintain the Group's position as the world's largest primary
silver company and Mexico's largest gold producer.
(1) Operations at Soledad-Dipolos are currently suspended.
ABOUT THE ETHISPHERE INSTITUTE
Ethisphere(R) is the global leader in defining and advancing the
standards of ethical business practices that fuel corporate
character, marketplace trust and business success. Ethisphere has
deep expertise in measuring and defining core ethics standards
using data-driven insights that help companies enhance corporate
character and measure and improve culture. Ethisphere honors
superior achievement through its World's Most Ethical Companies
recognition program and provides a community of industry experts
with the Business Ethics Leadership Alliance (BELA). More
information about Ethisphere can be found at:
https://ethisphere.com.
FORWARD LOOKING STATEMENTS
Information contained in this announcement may include
'forward-looking statements'. All statements other than statements
of historical facts included herein, including, without limitation,
those regarding the Fresnillo Group's intentions, beliefs or
current expectations concerning, amongst other things, the
Fresnillo Group's results of operations, financial position,
liquidity, prospects, growth, strategies and the silver and gold
industries are forward-looking statements. Such forward-looking
statements involve risk and uncertainty because they relate to
future events and circumstances. Forward-looking statements are not
guarantees of future performance and the actual results of the
Fresnillo Group's operations, financial position and liquidity, and
the development of the markets and the industry in which the
Fresnillo Group operates, may differ materially from those
described in, or suggested by, the forward-looking statements
contained in this document. In addition, even if the results of
operations, financial position and liquidity, and the development
of the markets and the industry in which the Fresnillo Group
operates are consistent with the forward-looking statements
contained in this document, those results or developments may not
be indicative of results or developments in subsequent periods. A
number of factors could cause results and developments to differ
materially from those expressed or implied by the forward-looking
statements including, without limitation, general economic and
business conditions, industry trends, competition, commodity
prices, changes in regulation, currency fluctuations (including the
US dollar and Mexican Peso exchanges rates), the Fresnillo Group's
ability to recover its reserves or develop new reserves, including
its ability to convert its resources into reserves and its mineral
potential into resources or reserves, changes in its business
strategy and political and economic uncertainty.
LEI: 549300JXWH1UV5J0XV81
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END
STRKZGMFFNZGZZM
(END) Dow Jones Newswires
March 17, 2022 09:55 ET (13:55 GMT)
Fresnillo (LSE:FRES)
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Fresnillo (LSE:FRES)
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