We share our Sustainability Report 2023
Our 2023 sustainability report reflects the comprehensive management of a sustainability strategy grounded in the corporate belief and philosophy that positive-impact mining is not only achievable today, but also paves the way for a better future.
About us
Colombian energy for the world
We are an organization dedicated to thermal coal mining, a benchmark in mining worldwide. We are aware of working for an operation with high standards in industrial safety, which builds and contributes to the economic and social development of the country.
Drummond in Figures
30,2
million metric tons of coal exported
9
consecutive years as the company with the largest volume of coal production and exports in Colombia.
2nd.
place in the categories of best reputation in the Colombian mining industry.
COP 3,76
billions of pesos in royalties, participation in high prices, taxes, rates and contributions in favor of the Colombian government
Drummond in figures our performance
We would like to share our 2024 Drummond in Figures, which reflects the results of Drummond Ltd.’s management and performance during 2024 and some figures of interest, consolidated in the chapters on Mining Projects, Royalties and Compensations, Trains, Port, Infrastructure, Mining Equipment, Job Creation, Environment, Social Contribution-Good Neighbor Policy, Human Rights Policy and Employee Well-being.
In this brochure we highlight our programs and goals achieved for the benefit of our stakeholders.
2024 Figures
Taxes, fees
and contributions
1,520,000
(COP millions)
- 2023: 2,817,648
- 2022: 2,753,133
- 2021: 1,199,305
- 2020: 522,165
- 2019: 851,058
Royalties and
compensation
1,070,000
(COP millions)
- 2023: 4,596,681
- 2022: 4,510,413
- 2021: 1,589,652
- 2020: 927,794
- 2019: 1,327,950
Investment
in communities
33,720
(COP millions)
- 2023: 37,223
- 2022: 14,599
- 2021: 10,457
- 2020: 13,814
- 2019: 7,507
Social
Investment
135,978
(COP millions)
- 2023: 115,588
- 2022: 78,736
- 2021: 68,477
- 2020: 67,317
- 2019: 62,667
Employees covered by
collective labor agreements
3,981
- 2023: 3,891
- 2022: 3,761
- 2021: 3,881
- 2020: 3,789
- 2019: 3,830
Labor unions
constituted
14
- 2023: 11
- 2022: 11
- 2021: 10
- 2020: 9
- 2019: 9
Employees
2024
11,327
5,410 directly employed
and 5,917 contractors
Percentage of direct employees born in Cesar and Magdalena
73%
Percentage of direct employees living in Cesar and Magdalena
78%
Percentage of direct employees coming from the Caribean Region of Colombia
90%
Relations with communities
We promote and encourage projects that improve local skills of our communities
We believe that a good relationship with our stakeholders builds trust and guarantees the social license to make the operation sustainable.
Education & Regional Development
Changing the future through education
Drummond Ltd. is making a difference in regional development with its scholarship program, prioritizing education as the engine of transformation. Congratulations to the beneficiaries for their achievement.
Talento management
Talento management A world-class team
We offer our employees a stable work environment and the possibility to develop themselves through growth opportunities, training and education, in an atmosphere of fairness, transparency and integrity.
Our commitment: sustainable development
Our Corporate Social Responsibility Strategy is based on four strategic pillars, aligned with our materiality issues and the SDGs.
Peace and Human Rights
We strive to strengthen stakeholders’ capacities to build a peaceful, just, responsible society that promotes respect for human rights.
Environmental Performance
Our aim is to strengthen business capabilities that ensure world-class environmental performance.
Comprehensive Development
We strengthen local capacities for the well-being and prosperity of employees, their families and the communities in the area of influence.
Governance for Development
We strengthen local capacities for greater efficiency in planning and public administration.
