Responsible Governance and Ethics

We conduct our business and operations on the bedrock of strong corporate governance practices, ethical conduct, and compliance measures. Covia has long held this commitment to operating responsibly, and we readily engage with our stakeholders to strengthen our partnerships while promoting transparency and reliability in the pursuit of our business and sustainability objectives.

Strengthen Our Cybersecurity and Data Privacy Posture

Our continuous focus on fortifying our defenses against cybersecurity risks, aligned with UN SDG 16: Peace, Justice and Strong Institutions, is essential to safeguarding the data and information assets our stakeholders entrust to us.

Target: Ensure 100% of our team members complete annual and continual cybersecurity training

2024 Progress: We recorded a 93% completion rate of cybersecurity training across our team in 2024. We issued monthly cybersecurity messages to further a culture of
cybersecurity mindfulness among our team members.

Increase Corporate Transparency

We understand the importance of maintaining high standards of corporate transparency, even as a privately held company. We are dedicated to fostering a transparent culture and going beyond what is required of us to maintain trust and credibility among our stakeholders. Our corporate transparency targets support our ongoing efforts to drive accountability throughout the organization and to act in accordance with UN SDG 17: Partnerships for the Goals.

Target: Become a signatory to the UN Global Compact (UNGC) and annually report on alignment with its principles

2024 Progress: We disclosed our annual progress report through the UN Global Compact’s Communication on Progress (CoP) platform. Our 2024 report was our second CoP report since becoming a signatory to the UNGC in September 2022.

Target: Continue to enhance transparency through the alignment of reporting with prevailing frameworks or standards

2024 Progress: We maintained our commitment to align with prevailing frameworks or standards by aligning this report with the Sustainability Accounting Standards (SASB) framework and aligning with the UN Global Compact. We updated our Task Force on Climate-related Financial (TCFD) Report to reflect changes following the separation of our Energy business.

Highlights That Inspire

Protecting Against Human Rights and Modern Slavery

At Covia, we are committed to the highest standards of ethics and
business conduct, aligning our practices with the United Nations
Universal Declaration of Human Rights and the United Nations Global
Compact. Our Code of Conduct, which applies to all employees,
board members, officers, vendors, suppliers, contractors, and other
stakeholders, supports these principles. As the producer of raw minerals that go into our customers’ products, our supply chain includes goods and services that support our operations and the packaging of the final products. We ensure that our operations and supply chains are free from forced and child labor, and we do not engage with suppliers who violate these standards.