Our commitment

In line with applicable international and national practices, including International Finance Corporation’s (IFC) Performance Standards five, seven and eight, the Asian Development Bank’s (ADB) Safeguard policy and local land acquisition legislation, the Group is required to safeguard the proper land acquisition process by:

• making specific reference to this Land Acquisition Policy in the Group’s standards, policies, procedures;
• conducting land acquisition due diligence reviews of ongoing activities and new business opportunities to avoid adverse impacts to the communities in which we operate;
• promoting land acquisition guidelines, procedures and principles of Free, Prior and Informed Consent (FPIC) embedded in the Group’s Environmental and Social Management System (ESMS);
• advocating to avoid, minimise and reduce adverse resolution of disputes involving land use or ownership rights;
• avoiding and minimising involuntary resettlement by exploring alternatives;
• monitoring, reporting and improving of applicable procedures and performances (where required) regularly; and
• communicating Land Acquisition policy to all employees, contractors, suppliers and business partners.