Commitment and Policies
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Following the Taskforce on Nature-related Financial Disclosures (TNFD), ACC has established a natural governance framework for biodiversity. The Board of Directors formed the Corporate Sustainability Implementation Committee to oversee biodiversity development. Under the CEO, the Corporate Sustainability Implementation Committee was established to assess biodiversity risks and opportunities, plan and execute biodiversity-related initiatives, and report regularly to the Corporate Sustainability Committee on implementation results.
The goal of ACC's biodiversity policy aims to achieve a Net Positive Impact on biodiversity. Within the scope of corporate efforts, we implement practices such as "avoid," "reduce," "restore," and "off-site compensation", and "monitoring". By collaborating with value chain partners, ACC commits to the following principles and guidelines.
The extraction of minerals for the use of cement raw material is more or less causing bare areas on the surface of earth. In order to reduce the impacts of the vibration from the explosion during mining to the nearby residents and the environment, Asia Cement continues to strictly implement the monitoring of mining site safety and the ecological restoration of environment. All efforts are for the purpose of minimizing the impacts from the operation.
In the future, in the event that Asia Cement will plan mining operations in other new locations, it will perform the evaluations of biodiversity and environmental impacts before exploring new locations.
Asia Cement Service Ceneter regularly and irregularly communicates and interacts with the stakeholders based on the stakeholder engagement mechanism and discloses the information in the Service Center, the Sustainability Report, the relevant platform or the website.