Internationally Recognized Partnerships
|The Extractive Industries Transparency Initiative (EIT”) is the global standard to promote open and accountable management of oil, gas, and mineral resources. The EITI Standard requires the disclosure of information along the extractive industry value chain. Solaris endorses the Principles and Criteria of the EITI and joined as a supporting company in Ecuador in February 2021.|
|The UN Global Compact is the largest corporate sustainability initiative in the world and aims to mobilize a global movement of sustainable companies and stakeholders. The initiative is a call to companies to align strategies and operations with universal principles on human rights, labour, environment and anti-corruption, and take actions that advance societal goals. Solaris joined the UN Global Compact – Ecuador in February 2021 and is committed to incorporating the universally accepted sustainability principles and take actions that support broader UN goals, including the Sustainable Development Goals (SDGs).|
The Mining Shared Value (MSV) initiative of Engineers Without Borders Canada works to improve the development impacts of mining activity by promoting local procurement. Solaris is committed to the Mining LPRM framework which supports objectives of standardized, transparent reporting in the local procurement process and have implemented supplier training and capacity development programs for local businesses and entrepreneurs within host communities to deliver inclusive and mutually-beneficial resource development to local stakeholders. Solaris Resources signed a service agreement with MSV in March 2021 and is the first exploration company in the world to use the Mining LPRM, to report on its Warintza project in Ecuador.
Solaris endorsed the Women's Empowerment Principles in March 2021 to foster business practices that empower women.
Local Partnerships - National Level
|Solaris signed a Technical Cooperation Agreement in February 2021 with the Association of Mining Engineers of Ecuador (AIME) to promote the coordinated training and qualification of professionals and technicians in mining, as well as, the development and support of activities that promote responsible exploration in Ecuador.|
|The Alliance for Entrepreneurship and Innovation (AEI) is an independent, non-profit organization that promotes entrepreneurship and innovation at the national level. Solaris signed a Technical Cooperation Agreement with AEI in March 2021 to promote and strengthen innovative strategies and alliances to develop activities for the benefit of the Shuar Nations of Warints and Yawi and surrounding communities.|
|Solaris signed a Technical Cooperation Agreement with Escuela Politécnica de Chimborazo, Sede Macas (ESPOCH) (Polytechnic School of Chimborazo) for the development of pre-professional internships for students majoring in Mining, Environment and Accounting, and Auditing, including educational initiatives, skills training and workshops for the Shuar Nations of Warints and Yawi.|
|Solaris signed an interinstitutional cooperation agreement with the Private Technical University of Loja (UTPL), establishing academic, cultural, and scientific relations between the parties for inter-institutional cooperation in the areas of teaching, research, scientific production, transfer of skills and technology, distance studies and other academic services. Together, Solaris and UTPL will develop capacity building programs, investigation projects, as well as internships for the benefit of the partners of the Warintza Project, including employees, and specifically the Shuar Nations of Warints and Yawi and surrounding areas.|
|Solaris joined the Women in Mining Ecuador (WIM) initiative as a part of its commitment to advance gender equality. Together with WIM, Solaris will work on joint projects to strengthen the skills of women in the mining sector and its areas of influence, including the Shuar Nations of Warints and Yawi and its surrounding areas.|
Local Partnerships – Warintza Project Specific
|Solaris signed Technical Cooperation Agreements with the Firefighting Units of Morona Santiago and Limon Indanza whereby Solaris employees will receive skills training in addition to providing funding for Personal Protective Equipment.|
|Solaris signed a Technical Cooperation Agreement with Arrayan y Piedra for training and capacity building on Hospitality and Tourism for the Shuar Nations of Warints and Yawi.|