Internal Relations 

Managing communication

Amerisur aims to operate responsibly in all its business activities. The Company puts importance on safety, integrity and transparency and treats its employees with respect and fairness. 

Amerisur recognises that employees and how they operate are critical to business success and, in recognition of this, has in place a suite of policies addressing: ethical conduct, human rights, employment, health and safety and diversity

Amerisur conducts its business with a high ethical standard. The Company helps to manage its ethical conduct risks and protect its licence to operate through its approach to anti-bribery and corruption risk and fraud detection and awareness. 

Amerisur’s Board is committed to ensure that any conflicts of interest are managed fairly. The Conflicts of Interest Policy aims to take reasonable steps to maintain and operate effective requirements to identify and manage conflicts of interest. 

Amerisur wants its employees and wider stakeholders to be treated with dignity and respect. Amerisur endorses the UN Declaration of Human Rights. The Company does not tolerate child labour and forced labour; Amerisur respects freedom of association and the rights of employees to be represented by trade unions and work council and does not discriminate based on gender, religion, age, disability or ethnicity. We encourage all who work with Amerisur to adhere to the same principles. 

Amerisur is committed to identifying and combating slavery and trafficking in all parts of its business and supply chain. The Company’s risk policies and processes seek to identify high risk areas. Training is provided for all employees and ongoing review of the relevant Company policies; audit processes and due diligence arrangements are in force. The Disclosure Statement is also available here. 

Amerisur is committed to the safety of its staff and workplace. To support this aim we have achieved the OHSAS 18001:2007 Occupational Health and Safety Management System standard for our operations, which is intended to help control occupational health and safety risks. 

Due to the operational nature of the Company the management team work closely with employees ‘on the ground’ and there is a developed workplace engagement programme which help contribute to organisational success. These activities interlink with how we pursue our goals and values, as well as our external relations activities. 

 Amerisur wants to provide the opportunity for staff to be part of a team and mutually share in our success. To help achieve this aim the Group operates an equity-settled share-based compensation plan for the remuneration of its employees. 

The Group maintains a policy of giving fair consideration to applications from physically disabled persons, bearing in mind their respective aptitudes and abilities. In the event of employees becoming disabled, every effort is made to ensure that their employment with the Company continues and that the appropriate training is arranged. 

Amerisur recognises the benefits of diversity, including gender diversity, throughout the Company and on the Board, to help ensure there is an appropriate balance of skills and experience within the Company. 

Amerisur focuses on quality management and has in place an effective system to manage and improve the quality of its products or services. In support of this the Company has held the ISO 9001:2008 Quality Management System standard since October 2012. 

External relations 

Amerisur aims to operate responsibly in all its business activities. The Company puts importance on safety, integrity and transparency and treats its employees with respect and fairness. Amerisur recognises that employees and how they operate are critical to business success and, in recognition of this, has in place a suite of policies addressing: ethical conduct, human rights, employment, health and safety and diversity. 

Amerisur is committed to limiting its environmental impact in the areas where the Company operates and has a formal environmental policy and framework in place to protect the environment biodiversity and ecosystems. The Company aims to comply with all relevant regulatory and legislative requirements and industry best practice and has been awarded the following certificates: OHSAS 18001:2007 Occupational Health and Safety Management System; ISO 14001:2015 Environmental Management System; and ISO 9001:2008 Quality Management System. 

To help manage its environmental risks the ISO 14001:2015 Environmental Management System standard has been in place since October 2012 and the Company communicates its environmental policy to all employees and agents. The standard is valid until October 2021 and there is a yearly review in order to check compliance and processes are regularly reviewed by external parties. The whole Board regularly discusses issues relating to the environment as is deemed appropriate for a company in our sector. 

Amerisur is committed to building and maintaining good relationships with the communities within the localities of its operations. The Company focuses on responsible behaviour and risk management. Areas of activity are in:

- respect for communities' rights, culture and heritage

- engagement in open dialogue

- responding and listening to grievances; and

- supporting community development 

The Company did not make any political donations during the 2018 or 2017 financial years. 

The Board is committed to maintaining ongoing communications with the Company’s shareholders through regulatory releases, general presentations, face to face meetings and reports to shareholders twice a year at its annual and interim results. In addition, the Company uses its website to communicate with shareholders.  

As part of Amerisur’s ongoing engagement programme with shareholders, their views on key matters have been discussed at Board level during the 2019 financial year. For 2019, the Senior Independent Director and Chairman have made themselves available to attend meetings with major shareholders without the Executive Directors present. This has been to discuss a range of topics from governance matters, such as the progress reporting on activities to increase the independent representation on the Board, right through to the practical challenges of managing risks in Latin America.  

The Group dispatches the notice of its Annual General Meeting, together with a description of the items of special business, at least 21 days before the meeting and shareholders are encouraged to participate. Each substantially separate issue is the subject of a separate resolution and all shareholders have the opportunity to put questions to the Board at the AGM. All of the Company’s Directors attended the AGM to answer questions which were relevant to their responsibilities.  

The Company has also decided to engage with all key shareholders, including those that had not voted in support of the Board’s recommendations, to better understand their thinking on the issues in question. This is to understand their reasoning and see to what extent their position can be accommodated by the Board. 

Vote outcomes relating to the 2019 AGM: 

Resolution Vote outcome
Report and accounts Passed
Approve the Directors’ remuneration report Passed
Elect Elodie Grant Goodey as Director Passed
Re-elect Giles Clarke as Director Passed
Re-elect John Wardle as Director Passed
Reappoint BDO LLP as auditor Passed
Authorise Board to fix remuneration of auditor Passed
Authorise issue of equity with pre-emptive rights Passed
Authorise issue of equity without pre-emptive rights Passed
Authorise issue of equity without pre-emptive rights for an acquisition or other capital investment Passed
Authorise market purchase of ordinary shares Passed
Approve cancellation of share premium account Passed


All resolutions passed at the most recent AGM. The Company has also decided to engage with key shareholders that have not voted in support with management’s recommendations to understand their thinking on the issues in question. 

This page was last updated on 12th September 2019.