Challenge the practice is addressing: Assets belonging to Eldorado are spread over several countries, each of which has distinct social and cultural traits. Similar to how their initiatives vary in size and kind across Eldorado's operational locations, each project has a unique influence on society, the environment, and the economy.
Concrete practice to achieve the expected goal: For Eldorado to choose and carry out community investment initiatives, they must engage with local stakeholders to comprehend their effect and aspirations for the sustainable development of their communities. With the exception of the Kassandra Mines, which serves as a single community investment unit on behalf of Olympias, Stratoni, and Skouries, each site is in charge of its own community investment projects. The community engagement and public relations teams at each of Eldorados' locations first evaluate community investment proposals before putting them into action.
Expected impact/goal of the practice: Eldorados' strategy for community investment is adaptable to regional requirements while upholding the fundamental values of openness and inclusivity.
Who is the target user group of the practice/intervention or implementing the practice/intervention? This practice is relevant for companies in the extractive industry.