Solaris prioritizes responsible governance as a pillar of its ESG framework to enhance socio-economic well-being and equitable wealth distribution in mining areas. Good governance is fundamental to sustainable development and positive community relationships. We emphasize the following principles:
- Shared responsibility: Engaging stakeholders in decision-making fosters collaborative development.
- Accountability: Transparency and dialogue maintain trust with communities, authorities, and investors.
- Compliance: Adherence to regulations ensures environmental, labour, and community standards.
- Quality governance: Strong governance builds lasting community bonds and trust.
- Economic and social development: Effective governance drives sustainable economic and social progress.
- Participatory mining: Local community involvement ensures democratic decision-making and mutual responsibility, promoting inclusivity and respect for diverse perspectives.
Reports & Policies
ESTMA Reports
On June 1, 2015, the Extractive Sector Transparency Measures Act (ESTMA) was enacted to contribute to the global efforts of increasing transparency and deterring corruption. ESTMA requires extractive entities to report specific payments made to governments in Canada and abroad related to the commercial development of oil, natural gas or minerals. Solaris annually discloses these payments made on a country and project basis in our ESTMA report.