36 2 01 9 S U S T AINABILITY REPOR T C o m m u nit y I n v e s t m e n t a n d S u s t ai n a b le D e v elo p m e n t Wh y ar e c ommunit y in v e s tment s and sus t ainable de v elopment import ant Mining c omp anie s c an ha v e signifc ant ec onomic imp act s in their ho s t c ountrie s Mining c omp anie s ar e under incr e as ed pr e s sur e t o pr o vide v alue t o a br o ader r ang e o f c ommunitie s o f int er e s t C OIs in p articular t o the c ommunitie s loc at ed ne ar their oper ations The support o f the s e c ommunitie s is e s s ential f or c ontinued oper ation and c an help c omp anie s a v oid disput e s and pr oject or oper ational dela y s or disruptions C omp anie s cr e at e v alue in loc al c ommunitie s thr ough t ax e s r o y altie s and f ee s p aid t o g o v ernment s dir ect in v e s tment s in c ommunit y pr ogr ams de v elopment planning and infr as tructur e and loc al hiring and pr ocur ement A t P an Americ an Silv er w e w ant ho s t c ommunitie s t o s ee our pr e s enc e as a po sitiv e f act or in their liv e s W e w ork har d t o under s t and c ommunit y needs and int er e s t s and identif y bene fcial and viable leg ac y s ocial pr ogr ams and c ommunit y in v e s tment s opportunitie s P O TE NT I A L R I SK S A N D IM P A C TS R E L A TE D SD G S M a t e r ia l T o p ic C ommunit y in v e s tment and sus t ainable de v elopment S u b T o p ic E c onomic imp act s S ocioec onomic de v elopment pr ogr ams Infr as tructur e in v e s tment s L oc al hiring and pr ocur ement D e fni t i o n C ontributing t o the s ocial and ec onomic w ellbeing o f loc al c ommunitie s F e e d b ack Fr o m C O I s C ommunit y member s r eque s t loc al emplo yment opportunitie s H o w W e r e R e sp o n d i ng O ur S ocial Sus t ainabilit y t e ams w ork with c ommunit y member s t o identif y pot ential job opportunitie s and pr o vide the nec e s s ar y tr aining and c ap acit y building C ommunit y oppo sition t o mine oper ations or de v elopment r e sulting in pr oject or pr oduction dela y s lo s s o f or f ailur e t o obt ain permit s and or lo s s o f s ocial ac c ept anc e P ot ential neg ativ e imp act s in the indus tr y c ould cr e at e ec onomic dependenc e b y or w e alth disp arit y within loc al c ommunitie s or harm t o vulner able gr oup s P olitic al s ocial and ec onomic ins t abilit y