Co-Development

Sustainability

Promoting Stakeholder Engagement and Accountability

Solaris demonstrates that it is possible to explore mining projects in a responsible and inclusive manner that promotes transparent dialogue in the communities in which it operates.  Strong, inclusive community relations are fundamental to creating a safe, sustainable and successful operation built on trust and informed decision making.

A Strategic Alliance was formed at the Company’s Warintza Project in August 2019 between Solaris and the Shuar communities of Warints and Yawi to overlook and engage in direct and transparent dialogue regarding all Warintza Project related activities.  The Strategic Alliance ultimately led to the development of Solaris’ informed and innovative CSR program promoting trust, reciprocal support, cooperation and strengthening the decision-making capacity of the community. Solaris signed an Impact & Benefits Agreement (IBA) in September 2020 (Amended 2024) with the Shuar communities of Warints and Yawi for the Warintza Project which provides certainty of community support for the responsible advancement of the project from exploration and development through to production.

Strategic Alliance Mandate:

  • Collaborates regional approaches involving representatives from governments, communities and industry which help bring together stakeholders at all working levels to meet the common goals of the future development of Warintza and the sustainability of the region
  • Fosters greater participation from the indigenous Shuar communities of Warints and Yawi in the development of Warintza, creating a framework for addressing issues of mutual concern regarding the development of the project, as well as community life in general
  • Creates positive results for local communities, including but not limited to: employment, business development opportunities, appropriate health care and emergency care services, development of community infrastructure, and education and skills training
  • Governed by an elected Board of Directors that operates as a regional task force that monitors project activities and communicates with employees while helping ensure accountability of the commitments made between all parties: State – Community – Company.

Key Contributions and Impacts

Solaris operates five community-based sustainable development programs that focus on green growth, inclusive growth, and circular economy principles. These programs emphasize equity, resilience, and the conversion of natural and cultural resources.

Area Key contribution Impact
Financial complement Taxes, royalties, and payments to the government Benefits the nation through improved public services, infrastructure development, and social welfare
Local employment Hiring residents from nearby communities Stimulates economic growth, reduces unemployment, and enhances local livelihoods, fostering self-sufficiency and economic empowerment
Supply chain development Engaging with local suppliers and fostering entrepreneurship Stimulates the local economy and supports sustainable development through strengthened supplier partnerships
Infrastructure investment Investments in infrastructure such as roads and power supply Improves accessibility, connectivity, and trade, benefiting both mining operations and the broader community
Community development Initiatives such as education programs and healthcare services Generates positive social impact and sustainable growth beyond mining activities, fostering community prosperity

The Warints and Yawi Shuar Communities participate in the assessment of a Government-led Pilot Project to Promote Transparent Dialogue for Responsible Mining in Ecuador