Community Engagement
Grecian Magnesite understands and appreciates the vital role the local community plays in the sustainability of our company. The company has been mining magnesite in the region for more than half a century, and we consider ourselves proud members of the local community.
Grecian Magnesite aims to ensure that our business practices contribute to long-term economic and social development. We act as a responsible and supportive member of the local society, and help create value for the society, develop the local industry and community by using local employees, local service providers and contractors.
We have a strong history of supporting community initiatives in the region where we operate through social events, funding, donations of land, infrastructure and services, in-kind professional support and even just lending a hand where needed.
| Social Dialogue │Basic Indicators (Year) | 2018 | 2019 | 2020 |
|---|---|---|---|
| Number of open events | 2 | 3 | 0 |
| Number of schools / universities visits | 5 | 7 | 2 |
| Number of trainees (university students) | 10 | 10 | 3 |
| Total Spending on Locally Based Contractors and Suppliers (€) | 5.027.000 | 3.722.000 | 3.457.520 |
| Funding - Donations (€) to the local community (infrastructure, support to local associations, sponsorship/scholarship Education Investment, etc.) | 186.713 | 200.913 | 200.965 |
| Funding - Donations (€) to the wider society (infrastructure, sponsorships, scholarships, awards, etc.) | 99.761 | 77.495 | 71.354 |
We are particularly interested in partnering with organizations & institutions that empower people with the skills, tools and information to improve their standards of living.
