Sustainability

Global Ferronickel Holdings, Inc. (FNI)
2.10+1.94%
OPEN: 2.06  |  HIGH: 2.15  |  LOW: 2.06  |  CLOSE: 2.10  |  CHANGE: +0.04 (1.94%)  |  VOLUME: 1,386,000
Share prices are delayed by 15 minutes

Social Performance


We believe that we have a corporate social responsibility to protect and care for the people and the environment affected by our operations and we strive to improve the welfare and quality of life in the communities wherein we operate. 

We believe that we contribute to the sustainable economic development of these communities and, more broadly, the nation. 

The Philippine Mining Act contains specific provisions for social development and management programs that require all mining companies to assist in (a) the development of local communities to promote the general welfare of the local inhabitants; and (b) the development of mining technology and geosciences as well as manpower training and development.

The DENR Department Order (DAO) No. 2010-21 serves as the Implementing Rules and Regulations of the Philippine Mining Act and mandates all mining companies to allocate annually a minimum of 1.5% of the total operating costs for such purposes. The budget is then apportioned toward various needs: 

  • Development of the Host and Neighboring Communities program 
  • Promotion of Public Awareness and Education on Mining Technology and Geosciences program 
  • Development of Mining Technology and Geosciences program as well as research and studies scholarship programs for mining and environmental courses, manpower training, and development 

PLATINUM GROUP METALS CORPORATION

Strong, mutually beneficial partnerships with host and neighboring communities are cultivated through sustained engagement and responsible development initiatives. Social Development and Management Program (SDMP) efforts focus on education, health, infrastructure, livelihood support, and environmental stewardship—ensuring that community investments address both immediate and long-term needs.

Programs are designed based on inclusive stakeholder consultations, allowing communities to shape development priorities. Local hiring is prioritized, and skills training is provided to improve employability and promote economic self-sufficiency. Challenges such as differing community expectations and logistical hurdles are addressed through transparent coordination, regular monitoring, and feedback mechanisms. These strategies ensure projects are both effective and aligned with stakeholder expectations.

Ipilan NICKEL CORPORATION

INC maintains a long-standing commitment to building meaningful relationships with host and neighboring communities, ensuring that its operations generate shared value, support local development, and uphold community rights and interests. Through the Community Relations (COMREL) Department, a dedicated team leads the implementation of the Social Development and Management Program (SDMP), which includes monthly, quarterly, and annual initiatives tailored to the needs and aspirations of barangays within the company’s impact areas.