Socio-environmental Impacts

CMPC submits its projects for evaluation as appropriate to environmental management instruments established by local institutions and legislation. This is to comply with current regulations on assessing, reporting, and mitigating socio-environmental impacts that a project or activity may generate.

Once the projects are approved and are in the operation phase, and the industrial plants are in operation, the company is responsible for rigorously complying with the different regulations and legal obligations, commitments, and certifications assumed, preventing and managing environmental aspects, impacts, and risks, and generating capacities that ensure operational excellence and continuity. The following table shows the environmental fines incurred in the last four years.

Environmental Penalties by Amount and Percentage:

2018 2019 2020 2021
USD Percentage Percentage Percentage Percentage
0,0%. 57,871 8.6% 0.0% 26,131 3.07%

Note 1: The fines reported are those paid during the fiscal year and which exceeded USD 10 thousand.
Note 2: In the 2020 Integrated Report, the environmental penalty was a sanitary one.