SOCIAL INVESTMENT

SOCIAL INVESTMENT

ENKA through its core business activities contributes to the development and welfare of the countries in which it operates, with the aim to create a positive and enduring presence and leave a positive legacy on the communities and societies.

ENKA has Social Community Engagement procedure aligned with the company’s Sustainability Policy, the objective of which is to enhance the delivery of social community engagement on the ground that is supporting the achievement of its business goals.

The scope of social community related activities which need to be managed properly throughout all operations in order to reach intended deliverables are listed below:

ENGAGEMENT

 
ENHANCE POSITIVE SOCIAL INVESTMENT AVOID / MIGRATE NEGATIVE IMPACTS
  • Revenues
  • Community Capacity Development
  • Resettlement & Livehood
  • Taxes
  • Enterprise Development
  • Workforce Impacts
  • Employment
  • Education (e.g., Scholarship)
  • Traffic Management
  • Procurement
  • Environmental Improvement
  • Noise Management
  • Local Content
  • Targeted Donations
  • Indigenouns People
  • Shared Infrastructure
  • Cultural Heritage
  • Technology and Skills Transfer

These activities shall be managed properly throughout all operations in order to reach intended deliverables, listed below, regarding Social Community Engagement:

  • An improved understanding of the range of an operation’s stakeholders, their perceptions of the operation and how they relate to each other
  • An improved understanding of the operation’s positive and negative impacts, leading to improved management of both
  • Improved risk management
  • Increased local stakeholder understanding of the contribution which the operation makes to the local community and, perhaps, of some constraints faced by the operation
  • A more structured plan and key performance effectively managing impacts, indicators for engaging with local communities going forward, effectively managing impacts as well as for contributing to their sustainable social and economic development
  • Leave a positive legacy.