Material Issues / Governance
Co-Existence and Mutual Prosperity with Local Communities and Indigenous Peoples
GRI 2-22 / 3-2 / 3-3
Background
It is important for not only companies but also local communities to develop together. Furthermore, it is essential to respect the rights of indigenous peoples, especially those affected by resource development.
Strategies
The SMM Group recognizes the importance of utilizing our experience in resource development and smelting to avoid or minimize adverse impacts on local communities in the areas where we operate, and to contribute to their sustainable development. To this end, we will foster dialogue with local communities, including indigenous peoples, in all areas where we operate, identify issues facing those communities, and work to contribute to their resolution.
KPI/Target/Result
Vision for 2030
A company that grows with the community as a trusted partner
| KPI | Reporting boundary |
Target (FY2030) | FY2024 results |
|---|---|---|---|
| Dialogue with local communities and indigenous peoples | SMM Group | Continuous implementation of dialogue leading to the resolution of local issues | Dialogue with local residents and indigenous peoples: 152 cases |
| Grievance mechanism | SMM Group | Proper operation | Complaints: 5 cases (all have been properly addressed) |
| Strengthening the foundation for social activities in communities | SMM Group | Collaborative planning and participation in community contribution programs | Amount contributed: JPY 42 million Total number of beneficiaries: 1,597 people |
| Helping to nurture the next generation in communities | SMM Group | Offering scholarships and other support programs | Amount contributed: JPY 291 million Total number of beneficiaries: 5,908 people |
