SMI is committed to enhancing the socio-economic capacity, prosperity and sustainable development of our neighboring communities in a manner that avoids dependency on the Tampakan Project and improves long-term quality of life.
We believe the proposed Project can be a catalyst for regional development and will deliver strong social economic benefits to the broader community. Our social development programs include support for infrastructure development, access to education and health facilities and services, safeguarding of cultural values, institutional capacity building, and enterprise development.
From 2007 to 2012, SMI shareholders have collectively contributed in community social investment and sustainable development initiatives in the following areas of focus:
On environmental management, SMI invested a total of PhP75.9M from 2011 to 2012, including:
From 2007 to 2012, SMI has invested some PhP426.4M for its various Corporate Social Investment (CSI) programs aimed to enhance the social and economic development of local communities enabling a sustainable development trajectory even after mine life.
From 2013 to 2015, SMI continued to fund mandatory community development programs, key sustainable development programs on environmental management, and limited voluntary funding for health and education initiatives.