Environmental Policy

SEMIRARA MINING & POWER CORPORATION believes that the host Environment is a valuable resource that needs to be protected and enriched, and it recognizes environmental performance as a factor in its successful operations. Considering itself a member of the Semirara Island community, it commits to prevent, reduce or mitigate the impact of its operation and activities, and to contribute to sustainable economic development through environmental best practices.

To achieve this, we commit to;

1. Comply with all compliance obligations and standards to which we subscribe.
2. Employ best practices in mining to minimize environmental destruction and degradation, measuring and remediating impact of its operations and activities.
3. Conserve, rehabilitate, and/or apply mitigating measures in its operations and activities, particularly those impacting land, air, water, biodiversity, and other natural resources, so as not to endanger the host environment and community.
4. Minimize the generation of both domestic and industrial waste, and ensure their safe and responsible handling, including hazardous materials, at all levels and all areas of operations.
5. Continue to improve our environmental management system and procedures, staying proactive in identifying environmental hazards and impacts to enhance company's environmental performance.
6. Train all employees and all working on their behalf in the company's environmental policy, management system and procedures to improve environmental performance.
7. Work with the host communities and various stakeholders, including guests in promoting environmental sustainability where it operates; an
8. Integrate sustainable and responsible practices into our operations through energy efficiency and/or adapting applicable global climate action efforts towards a resilient economy.

This policy shall be communicated to all employees and those working on their behalf, as well as visitors and relevant stakeholders. They are in turn encouraged to report environmental hazards and environmental impact observations, and incidents to the Environmental Management Team without fear of repression, reprimand or intimidation.