Social Investment
Addressing sustainability issues means enhancing our relationship with host and partner governments, building consumer confidence in diamonds, and ensuring our activities contribute positively to the livelihoods of both present and future generations.
Detailed accounts of our management systems and performance in this area are presented in the De Beers Group’s Operating and Financial Review, Report to Society, and Report to Society Canada.
The Report to Society addresses sustainability issues relevant and material to our key stakeholders in the area of economics, ethics, employees, communities and environment.
This report details our contribution to sustainable development goals across Canada and the communities in which we operate.
They account for how we are “living up to diamonds”.
If you would like your charitable organization to be considered by De Beers Canada, access our social investment policy statement, sponsorship forms and application guidelines.
Key facts from our 2010 Report to Society:
- De Beers Canada employed 1,087 people and injected approximately $474 million directly into the Canadian economy.
- De Beers Canada is delivering on seven Impact Benefit Agreements and one Working Agreement with Aboriginal communities.
- $5.9 million was invested through cash, in-kind and staff time for Corporate Social Investment with a focus on education and literacy for the communities near our mine sites.
- At Snap Lake, $119 million was spent on operations contracts; $104 million (87 per cent) of this was supplied by northern businesses, and $48 million (46 per cent) of this total were provided by Aboriginal suppliers.
- At Victor Mine, $93 million was spent on goods and services and $49 million (53 per cent) was supplied by Aboriginal businesses.
