Significance

When a project is developed close to the community, sometimes resettlement is unavoidable. The Company commits to putting attention into planning resettlement appropriately with well-managed engagement of relevant stakeholders to ensure their standard of living, which creates trust in local communities as well as obtaining social license-to-operate.

Management Approach
The resettlement management standard is developed with respect to human rights as an integral part of the Company’s sustainability. It is developed in line with international guidelines such as those of the International Finance Corporation (IFC) and the International Council on Mining & Metals (ICMM), which is clearly stated that unnecessary resettlement should be avoided. However, where resettlement is unavoidable, the Company strictly follows the standard, which comprises 6 key measures to minimize potential impacts as below information.

1.Mutual agreement setting to develop objectives and mutual agreement with government agencies

2.Strategy formulation to develop implementation strategy

3.Expert consultation for maximum effectiveness of resettlement management

4.Stakeholder consultation to study the concerns of related stakeholders

5.Resettlement planning to develop resettlement plan and use as a framework

6.Monitoring and evaluation to measure the progress against plan and the outcomes