The continued growth and success of our business depends on our people, and while our investment portfolio focuses on precious metals, our people are our most important resource.
We believe that diversity can enhance creativity, productivity and organizational strength, and we strive to maintain an environment where the perspectives and experiences of all personnel are respected and valued.
As outlined in our Diversity Policy, we seek to identify potential future candidates for employment and membership on the Board of Directors using a wide range of criteria that, depending on the position, may include: diversity, experience in the mining industry, integrity, perspective, broad business judgment and leadership skills, personal qualities and reputation in the business community, as well as relevant technical, management, political, legal, governance, finance and other areas of expertise. We are also committed to providing equal opportunities for promotion, compensation, training and development to all qualified individuals.
We are committed to the well-being of all our employees. Our People Policy promotes a safe and healthy workplace and requires strict adherence to legal and ethical standards in our business practices. For each of the past five years, we have recorded a total recordable injury frequency rate of zero for our employees. We also value the organizational strength that comes from a talented and diverse workforce. Royal Gold is committed to an inclusive work environment where individuals are treated with fairness and respect and are given equal opportunity to develop and advance without regard to age, race, gender, color, religion, national origin, disability, sexual orientation, marital status, military status, and genetic characteristics.
We provide competitive medical and other insurance coverage for employees and eligible dependents, and provide for sick leave in the case of illness or absence due to the sickness of the employee or immediate family member.
We support the continued professional development of our employees and underwrite or subsidize education and professional development programs for our employees.