PT SMI is committed to manage its business activities in an environmentally-and-socially-friendly manner. This approach is in line with the triple bottom line concept (people, planet, profit) in which projects that are financed by PT SMI is expected to impart benefits on the affected communities and environment on top of the financial profit.
In implementing the commitment, PT SMI refer to the Environmental and Social Safeguard (ESS) framework and guideline which are comprehensively developed, subject to periodic reviews, and are well aligned with related national laws. These framework and guideline are referred to as Environmental and Social Management Framework (ESMF) and Environmental and Social Management System (ESMS).
The developed framework and guideline are based on ten fundamental safeguard principles which are:
|Social & Environmental’s Documents|
|Corporate ESMS Guidelines|
|Project ESMS Guidelines|
|Multilateral Project ESS Guidelines|
|Draft ESMF – Geothermal Resource Risk Mitigation Project|