
Ethics and human rights
Human rights
Respect for internationally recognised human rights across our activities and our business relationships.
What this covers
Our requirements cover human rights due diligence, engagement with affected communities and with Indigenous peoples, the prevention of forced labour, child labour and human trafficking, non-discrimination, grievance handling and remedy. They apply to our own activities and, through our Supplier Code of Conduct, to our supply chain.
We prohibit without qualification: forced labour in any form; child labour; human trafficking; discrimination and harassment; and retaliation against any person who raises a human rights concern, including a human rights defender. Where we have caused or contributed to an adverse human rights impact, we provide for or cooperate in remediation.
Key facts
Absolute prohibitions
Five absolute prohibitions: forced labour, child labour, trafficking, discrimination and harassment, and retaliation.
Modern Slavery Statement
We publish our Modern Slavery Statement voluntarily; no statutory duty to publish one applies to us.
Prior consultation
Prior consultation is a duty of the Peruvian State. We participate and supply information; we do not conduct the process.
Security
Our security arrangements are structured against the Voluntary Principles.
The legal and standards position
We comply with the due diligence and reporting duties that apply to us in Switzerland, including those covering minerals from conflict-affected and high-risk areas and supply chains where child labour is suspected.
In Peru, prior consultation of Indigenous or original peoples is a duty of the State, consistent with ILO Convention No. 169, which Peru has ratified, and labour standards are governed by applicable Peruvian employment law.
We write our requirements against the UN Guiding Principles on Business and Human Rights, the ILO fundamental Conventions, the UN Declaration on the Rights of Indigenous Peoples, which is not a treaty, the IFC Performance Standards, and the OECD Guidelines for Multinational Enterprises on Responsible Business Conduct. Our security arrangements are structured against the Voluntary Principles on Security and Human Rights.
Requirements
Modern slavery
Xstreco publishes a Modern Slavery Statement voluntarily; no statutory duty to publish one applies to us. We publish it because the subject warrants a public account of how it is managed, and it follows a recognised reporting framework for modern slavery risk.
The statement sets out the organisation and supply chain structure within which the risk arises, the policies that address it, the risk assessment and due diligence processes we apply, the training we require, and how we monitor and improve the arrangements. We apply human rights due diligence as a standing requirement, whatever the scale of activity.
Monitoring and reporting
Responsibility for monitoring and for reporting its results is assigned within the Group and named in the governing policy. Monitoring covers the activities for which an impact assessment has been completed, grievances and their outcome, engagement plans for Indigenous peoples and the documentation of consent processes, training completion, due diligence outcomes and risk exposure by location. Systemic or unresolved issues are escalated to executive management and, where appropriate, to the competent authorities or to the representative institutions of the Indigenous peoples concerned.
We report engagement with Indigenous peoples against the structure of the IFC Performance Standards, in particular Performance Standard 7, read with the UN Declaration on the Rights of Indigenous Peoples and the Peruvian prior consultation regime. Quantified human rights performance reporting is published where reporting it is required of us, and the records are maintained so that it can be produced on a consistent basis.
Raising a concern
Employees, suppliers, communities and any other party may raise a concern through the confidential reporting channels. We provide for anonymous reporting and prohibit retaliation against anyone who raises a concern in good faith.
