"Actively involved in the Extractive Industry Transparency Initiative (EITI) multi-stakeholder group (MSG) in Peru since 2005, Southern Copper Corporation (SCC), through Southern Peru Copper Corporation, has embraced the fundamental commitments of the initiative to bolster transparency in the way it carries out its business. SCC played an instrumental role in the process that resulted in Peru achieving the EITI Compliant Country status in 2012. We continue to be enthusiastically engaged in the initiative as a member of the MSG EITI-Peru and through the participation of one of our executives in EITI International Board of Directors. SCC also supports the Peruvian government in its current effort to implement transparency on the use of financial resources distributed to subnational governments. We are convinced that payments of taxes, royalties and other commitments by SCC to the national government make a positive difference in the country’s economic outcome.""