2022 Integrated Report /
Sustainable growth

07

Local
commitment

CAP Group companies have formed a relationship of trust over time with their neighboring communities, which is based on history and the shared value with the territories, thus contributing to sustainable development, for the care for people and the environment.

LOCAL EMPLOYMENT

The Group maintains its commitment to local employment through the creation of selection strategies that prioritize the recruitment of workers that are resident in the areas in which it operates, thus achieving low levels of inter-regional commuting.

It also encourages local purchases, entrepreneurship and maintaining a close relationship with local suppliers.

Percentage of local workers in CAP Group

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Tecnocap has only one employee

Percentage of local contractors in CAP Group

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Suppliers with headquarters in the same region

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Note: TASA does not have specific actions to increase local suppliers as it is currently at 99%

Main figures

$4,

million

in social contribution

14,

total suppliers

3,

MSME suppliers

4,

local suppliers

SOCIAL INVESTMENT

CAP Group’s social investment strategy encompasses different dimensions, which relate
to each other through the commitment to contribute to community development.

Productive
development

Education and
employability

Environment and
surroundings

Culture and
heritage

Urban
development

Contingencies

Social
skills

FISE PESCA

CMP and Caserones have a Socioeconomic Investment Fund (FISE in Spanish) whose objective is to support the growth, valorization and improvement of fishing associations’ productive activities in the valleys of Copiapó and Huasco.

PROMOTION OF OLIVE FARMING DEVELOPMENT

The olive tree is emblematic in each corner of the world, and, in Huasco valley, it is also a development focus for CMP through two initiatives: Fondo ProOlivo, which has 277 partners and seeks to develop olive farming, and the program AgroEmprende, aimed at small olive growers to improve land management optimizing their conditions for a better quality product. In this context, in June, CMP donated 170 thousand kilos of salt and 33 storage tanks, which are essential in keeping and fermenting harvested olives in optimal conditions, obtaining a high-quality product.