Shenhua Watermark places great importance on its commitment to social responsibility and actively seeks avenues to benefit people within the local communities in which it operates by working in partnership with the local community, stakeholders and Government to, where possible, meet the requirements and interests of these parties.
The company demonstrates this through sourcing employees from the local community, development of the local economy, and providing support for education, health services, job training and amenities development. Shenhua Watermark has developedpartnerships with the community by building strong relationships that are based on trust, respect of the rule of law, custom and culture. We recognise both our local neighbours and the broader community as important stakeholders in our business, including the disadvantaged and vulnerable groups, and we aim to maintain effective working relationships with all stakeholders.
We actively seek to involve the community through ongoing consultation to, where possible, meet the specific needs of our community and to manage complaints and community issues.
This was reflected in the 2009 establishment of the Shenhua Watermark Community Fund that committed $1m per annum up to $5m, to support the development of the regional's economy, enhance and maintain the environment, improve important local facilities and develop and promote training and employment. Since then, ongoing dialogue and involvement in community activities has maintained the close relationship whilst the company navigates through the various forms of Government regulation and approvals.
Our philosophy as being a socially responsible mining company is well integrated into our operations and at all levels of our business.