Community Participation and Development
Importance and Mission
The Company regards stakeholder participation as a mission to build trust and sustainable values. As the community is one of the main stakeholders, a strong commitment to the local community is necessary to preserve and develop the organization's sustainability. The Company understands how important it is to conduct business in a way that upholds moral and ethical standards and benefits the economy, society, and environment, which is why it is willing to collaborate with stakeholders and governmental agencies to support and promote the sustainable development of the entire community.
SDGs in the Community
Participation and Development
Participation and Development
Goals and Performance Highlights
Goals
Performance Highlights 2024
In 2024, the Group conducted an assessment of the impact of its operations on local communities and carried out a satisfaction survey among residents in 4 communities located near project areas. A total of 48 respondents participated in the survey.
In 2024, we received one local community complaint. You can find the full details, along with the corrective and prevention actions taken, in our 2024 Sustainability Report on page 106.
Management Approach
The Group has a clear policy in conducting business that is beneficial to the economy and society, adhering to the practice of being a good citizen, and complying with all relevant laws and regulations. The Group is dedicated to improving and raising the standard of living for the communities in which it operates. And at the same time, the Company is committed to growing and developing the community sustainably.
The Group’s business operations are designed and managed to have no negative effects on the availability of water for consumption and agriculture of the local communities. Building strong supplierships and relationships with surrounding communities is an essential part of sustainable development. The Company understands the importance of enhancing the well-being of all those associated with the Company and establishing sustainable supplierships and relationships with the local communities. A community committee has been established to gather feedback and evaluate community data in order to assist with planning and decision-making related to local development. This committee will serve as an intermediary for recommendations and comments from the community. Additionally, there will be periodic meetings to review and evaluate the data that has been received.
The Company continuously and transparently disseminates information about its activities and impacts on the community through communication channels that are friendly and convenient for the community. In addition, the Company supports projects that focus on community education and skills development as well as projects that address environmental development and community sustainability. Furthermore, the Company has emergency plans in place to deal with any community emergencies. The Company also supports career development and training for the community. The Company measures and evaluates participation activities in order to further develop and enhance policies. The Company listens to complaints from the community, listens to them, and supports projects that promote local development and stimulate local economy.
