Teranga is committed to best practice in corporate governance. We have formalized our commitment to conducting our business and affairs in accordance with the highest ethical standards by enacting a Code of Business Conduct and Ethics. We strive to comply with all applicable mining codes and national and international laws, and we adhere to the Extractive Industry Transparency Initiative (“EITI”).
Teranga is committed to promoting and respecting human rights as set forth in the United Nations Universal Declaration of Human Rights. This commitment is reinforced in our Code of Business Conduct and Ethics and is part of our adherence to the United Nations Global Compact. Protection of human dignity and promotion of mutual respect for all ourstakeholders are core to our corporate values. We take responsibility for our actions towards our host country, the local communities and the environment in which we operate. Furthermore, we expect our suppliers and business partners to respect and endorse our commitment and standards regarding human rights.
The mining industry can be a significant contributor to developing countries. To achieve positive results, mining companies must engage in responsible resource exploitation and governments must appropriately manage mining revenues. Transparency allows all stakeholders to monitor how such revenues are being distributed and spent.Senegal was officially accepted as an EITI candidate country in 2013. We continue to work with the Government of Senegal as a member of the multi-stakeholder group responsible for preparation of the first extractive revenue reconciliation report (EITI report).
RSE Senegal is a Senegalese-based organization with the objective of spreading CSR values and best practices within the country. Endorsing this Charter is a further commitment to the Senegalese state and the Senegalese people that Teranga is engaged in CSR best practices.
We are accountable for our actions and statements. Good ethics is good business.
We care for our people, the assets entrusted to us, to our communities, and our environment.
Mutual trust and respect form the basis for all of our working relationships.
We respect diversity and encourage cooperation and teamwork.
Company performance is built on excellence in safety and efficiency.
We are committed to open, honest and transparent communication.