At Codelco, we guarantee the proper functioning of our corporate governance through compliance with the current legal framework, and by means of several mechanisms and practices that support integrity, transparency and an ethical culture.
Learn moreWe base our mining business on thegoal of being a pillar of sustainable development in Chile and the world. This vision manifests through our Corporate Sustainability Policy, our commitments to 2023 and 2025, and our corporate Charter of Values.
In January, we became the first large-scale mining company in Chile to certify 100% of our operations in energy management. In March, we signed an agreement with the Ministry of Energy and became one of the first companies to implement an Energy Management System within the framework of compliance with the Energy Efficiency Law. In May, following the modification of contracts with electricity companies, we secured a clean energy matrix to be completed by 2030.
In 2024 we implemented our new Comprehensive Strategy on Human Rights and Business. In addition to publicizing its key pillars, we generated a gap closure plan, trained workers and executives and promoted cultural change through an internal awareness campaign. At the end of the year, 1,500 people completed the Guardians of Human Rights course.
In December 2024, our North Operations mines, smelters and refineries (Chuquicamata, Radomiro tomic, Gabriela Mistral and Ministro Hales) ratified the responsible production seal The Copper Mark, after a process of closing identified gaps. This certification seal also requires that work sites be submitted to revisions on a regular basis.
In November, we entered the Andina Recirculated Water System project into the Environmental Impact Assessment System. The sustainable water supply initiative will transport industrial water from the Ovejería tailings deposit and other sources over a distance of 70 km to the division’s concentrator plant, promoting efficient water use in the fight against climate change. In December, the Gabriela Mistral Division submitted the EIA to extend the life of this project until 2055. The project, which involves an investment of approximately 800 million dollars, considers the use of the current facilities and processes, and a water transition to eliminate inland water use by 2035.
In June, the Salvador Division converted 100% of its fleet (30) to electric buses. In September, Radomiro Tomic inaugurated the largest electric fleet in the north of Chile, by incorporating 65 new buses. In total, the company has 250 EVs, adding to the equipment at the El Teniente, Andina and Chuquicamata divisions. In October, our emissions calculator designed especially for suppliers in the mining sector was implemented by HuellaChile. This is the official emissions measurement program of the Ministry of the Environment.
Codelco ceded the calculator to this program for public use and for use of all mining suppliers at the national level. That same month, we received the Emissions Quantification Seal from Huella Chile for the first time. In November, we signed an agreement with Toyota Chile and Mitsui to explore alternatives to decarbonize our operations with zero (and low) emission work vehicles. In December, we launched an innovative agreement with Enaex for the supply of low-carbon explosives in the Radomiro Tomic Division, contributing to the Corporation’s Scope 3 decarbonization.
Five years after its near extinction, and thanks to the joint efforts and commitment of multiple teams and organizations, 10 specimens of the Loa frog traveled from the National Zoo in Santiago to the newly inaugurated Centre for Biodiversity and Conservation El Loa. This consisted of a joint project between Codelco, Parquemet, and the Culture and Tourism Corporation of Calama, with support of the Universidad de Chile.
In July, we issued our first climate financing of US$ 532 million, backed by the Multilateral Investment Guarantee Agency (MIGA), a World Bank Group entity. The funds obtained in this operation will be used to finance the ambitious plan to decarbonize 100% of Codelco’s energy matrix to 2030, which contemplates the renewal of electricity supply contracts with renewable energies, as part of our purpose to be a pillar of sustainable development in Chile and the world.
In June, the Council of National Monuments approved the proposal to declare an area apart from the former Potrerillos camp as a ‘typical zone’. It is located in the Atacama foothills. This initiative was promoted by our local Division, the regional government and different groups of Potrerillanos.
In December, we were recognized for the participation of our Andean Division in the Pro Tiltil Corporation and for the “Technicians of the Future” program at Ventanas. The first initiative, launched in 2006 to support local entrepreneurship, sustainable development, and local identity, was recognized in the Alliances category. The second, started in 2021 to promote quality and inclusive education, was distinguished in the Peoplecategory.
To focus our efforts and dedication on innovation and technology, Codelco has defined five strategic priorities: Deep underground exploration and mining, Metallurgical and waste management, Decarbonization and electromobility, Technology and digitization and Incremental and open innovation.
Learn moreAll Codelco directors hold the status of being principal - full members. In accordance with the provisions of Legislative Decree 1.350 that governs this matter, there is no title of Vice President or Alternate Director.
» Date of appointment: 30/3/2022
» End of appointment: 11/5/2026
» RUT: 6.371.887-4
» Date of appointment: 12/5/2022
» End of appointment: 12/5/2026
» RUT: 10.780.138-3
» Date of appointment: 11/5/2023
» End of appointment: 11/5/2027
» RUT: 6.689.778-8
» Date of appointment: 23/5/2022
» End of appointment: 23/5/2026
» RUT: 7.204.368-5
» Date of appointment: 13/5/2021
» End of appointment: 13/5/2025
» RUT: 7.051.188-6
» Date of appointment: 23/5/2022
» End of appointment: 23/5/2026
» RUT: 14.379.277-3
» Date of appointment: 30/3/2023
» End of appointment: 13/05/2025
» RUT: 5.664.265-K
» Date of appointment: 11/5/2023
» End of appointment: 11/5/2027
» RUT: 7.950.535-8
» Date of appointment: 1/9/2023
» Profession and degree: Civil Chemical
Engineer, Universidad de Chile, with MBA
from Tulane University, New Orleans, USA
» RUT: 7.846.224-8
» Date of appointment: 1/10/2022
» Profession and degree: Profession and degree: Psychologist, Universidad de la Frontera and master’s degree in Strategic Human Resource Management and Organizational Behavior from Pontificia Universidad Católica de Chile and an executive MBA from Pontificia Universidad Católica de Chile
» RUT: 14.081.598-5
» Date of appointment: 1/11/2023
» Profession and degree: Profession and degree:
Civil Mining Engineer, Universidad de La Serena,
and Master of Science in Mining Engineering,
University of Utah, USA
» RUT: 9.467.943-5
» Date of appointment: 12/12/2022
» Profession and degree: Civil Engineer,
Universidad de Chile. MBA, Pontificia
Universidad Católica de Chile
» RUT: 7.384.459-2
» Date of appointment: 2/5/2023
» Profession and degree: Profession and degree:
Lawyer, Pontificia Universidad Católica de Chile, Master in Law (LL.M) from University of Chicago, and graduate of the Senior Business Management Program from the ESE Business School
» RUT: 13.233.938-4
» Date of appointment: 15/3/2024
» Profession and degree: Commercial Engineer, Universidad de Chile, with a specialization in in Business Administration and Economics
» RUT: 15.350.357-5
» Date of appointment: 5/4/2021
» Profession and degree: Civil Industrial Engineer, Universidad de Santiago de Chile and MBA from Pontificia Universidad Católica de Chile.
» RUT: 10.533.229-7
» Date of appointment: 1/2/2024
» Profession and degree: Commercial Engineer, Pontificia Universidad Católica de Chile, and MBA from Booth School of Business, University of Chicago
» RUT: 14.147.194-5
» Date of appointment: 22/4/2024
» Profession and degree: Profession and degree: Lawyer, Universidad de Chile, MBA, Universidad Alberto Hurtado, specialized in Business Sustainability Management, University of Cambridge
» RUT: 9.907.068-4
» Date of appointment: 8/1/2024
» Profession and degree: Civil Mathematical Engineer, Universidad de Chile
» RUT: 15.779.884-7
» Date of appointment: 1/11/2023
» Profession and degree: Civil Mining Engineer and Civil Industrial Engineer, Universidad de Chile
» RUT: 14.119.793-2
» Date of appointment: 11/3/2021
» Profession and degree: Industrial Engineer, Pontificia Universidad Javeriana de Colombia
» RUT: 14.757.436-3
» Date of appointment: 1/4/2015
» Profession and degree: Lawyer, Pontificia Universidad Católica de Chile
» RUT: 10.427.655-5
» Date of appointment: 1/4/2024
» Profession and degree: Lawyer, Pontificia Universidad Católica de Chile, master’s degree in Business Law, Universidad de Los Andes
» RUT: 8.473.501-9
» Date of appointment: 23/7/2024
» Profession and degree: Civil Electronic Engineer, Universidad Técnica Federico Santa María, and MBA from Universidad de Chile
» RUT: 13.220.958-8
» Date of appointment: 1/10/2022
» Profession and degree: Civil Mining Engineer, Universidad de Chile.
» RUT: 9.683.145-5
» Date of appointment: 1/06/2023
» Profession and degree: Civil Chemical Engineer, Universidad de Concepción, and MBA in Mining Management, Universidad de Chile.
» RUT: 12.917.601-6
» Date of appointment: 1/6/2023
» Profession and degree: Civil Mining Engineer, Universidad de Chile, and MBA from University of South Australia
» RUT: 15.378.235-0
» Date of appointment: 1/3/2018
» Profession and degree: Mining Execution Engineer and Civil Mining Engineer, Universidad de Atacama, Copiapó, and Advanced MBA from Universidad Adolfo Ibáñez
» RUT: 10.044.337-6
» Date of appointment: 1/10/2022
» Profession and degree: Civil Mining Engineer, Universidad de Atacama. Executive MBA from Universidad Adolfo Ibáñez
» RUT: 9.182.846-4
» Date of appointment: 1/11/2020
» Profession and degree: Civil Chemical Engineer, Universidad de Chile and Master of Science degree. Mineral Economics, Curtin University of Technology
» RUT: 8.060.464-5
» Date of appointment: 1/9/2019
» Profession and degree: Civil Mining Engineer, Universidad de Chile
» RUT: 14.119.532-8
