Southern Arc understands that its long-term success depends on creating value for its shareholders and also for its community partners.
Southern Arc recognizes that the actions and conduct of all its employees and contractors are the basis by which local stakeholders will evaluate the company's commitment to social and environmental responsibility. By maintaining high standards for protecting human health and the environment, and working in cooperation with the company's host communities in Indonesia, Southern Arc endeavours to create sustainable, long-term economic and social opportunities. Among the company's goals is to be recognized by the communities, as well as central, regional and local governments, as the premier mining company for the exploration and the development of new mineral projects in Indonesia.
Southern Arc undertakes an extensive CSR program through its fully-funded foundation, with an emphasison education, community health, environmental protection and economic empowerment of localcommunities. In 2012, Southern Arc granted six micro-credit loans to local village members to support entrepreneurialinitiatives. The Company regularly contributes to cultural celebrations with gifts of food and othersupplies, and works with the local government to build schools, drill water wells and support other infrastructure projects to meet the needs of local communities.
Southern Arc also hires locally as much as possible to provide local economic and training opportunities. This policy also contributes to a better understanding for Southern Arc of local geological, mineral, and social and cultural issues. The latter is especially important as it helps to develop a local operations strategy that allows Southern Arc to: