Biodiversity
Biodiversity
Significance & Commitment
Recognizing the environmental challenges posed by operations like open-pit mining, the Company places a high priority on managing and mitigating impacts on ecosystems and biodiversity. The Company commits to achieving a net positive impact on biodiversity at the end of closure stage.
Management Approach
The Company has implemented a Biodiversity Policy which underlines the Company’s commitment to minimize risk on creating adverse consequences on biodiversity from the Company’s operations. Based on the IUCN (International Union for Conservation of Nature) concept, the biodiversity management system has been developed with 4 approaches: avoidance, minimization, rehabilitation, and offset.
The Company carries out a preliminary biodiversity risk assessment for each business unit since pre-operation stage by considering whether those operational sites are located in or adjacent to the protected or high biodiversity value areas. A survey on vulnerable and native species, especially the species in the IUCN Red List, is also performed to ensure that such species are protected. In the case where a high potential risk for biodiversity impact is identified, the Company then conducts a biodiversity value assessment in line with the Convention on Biological Diversity (CBD) guideline. In addition, the biodiversity management plan (BMP) is developed for each specific site with the target to achieve a net positive impact on biodiversity upon closure of the mine after 2025.
Year in Review
In 2023, apart from an annual biodiversity impact assessment, the Company has also partnered with external agencies.
For example, in Indonesia, the Company carries out an in-depth biodiversity study and plans to expand efforts to include additional plots monitoring at the Heterogenous Education Forest.
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