For BHP, Social Value is the positive contribution that the company makes to society: to people, its partners, the economy, the environment and local communities. With this, it seeks to create mutual benefit in the long term, and thus fulfill its purpose of bringing people and resources together to build a better world.

With a presence in 90 locations and more than 80,000 workers, BHP is the world's largest natural resources company.

Thus, its strategy aims to generate Social Value and profitability through the production of resources that will be essential for the future: copper for the energy transition and decarbonization, nickel for electric vehicle batteries, potash for sustainable agriculture and food security, iron ore for infrastructure and metallurgical coal for steel production.

In Peru, the company aims to become one of the main players in the private mining sector. Today, BHP is developing different Social Value projects thanks to its Exploration team's work in the territories of Apurímac, Huancavelica, Ayacucho, Arequipa, Pasco and Moquegua. In addition, BHP has had an office in Lima since 2012. In addition, the company announced last September that it would invest US$12 million in new exploration projects in the country.

For BHP, generating Social Value is fundamental to making mining sustainable and generating prosperity for all.

According to René Muga, BHP Vice President of Corporate Affairs for the Americas: "At BHP we believe that our contribution is much more than creating profitability. We strive to generate Social Value, create shared prosperity and be an intrinsic part of the territories where we operate. We work every day to ensure that Social Value is at the core of everything we do".

With this vision, BHP updated its Social Value Framework to outline ambitious goals for 2030 that will allow the company to deepen its positive impact and address issues that have yet to be resolved. In this way, Social Value's work seeks to generate improvements in the areas of decarbonization and climate change, the environment, partnerships with Indigenous Peoples, a safe, inclusive and future-ready workforce, prosperous and empowered communities, and responsible supply chains.

For BHP, these pillars translate into concrete goals and actions, such as a 30% reduction in greenhouse gas emissions in its operations, the announcement of a US$4 billion investment to further reduce CO2 emissions, and other initiatives such as protecting biodiversity and rehabilitating or conserving at least 30% of the 6 million hectares that the company manages worldwide.

proEXPLO 2023: Descubriendo la Minería del Futuro