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Nickel industry invest P4.3B in sustainable development initiatives

AngMinero News by AngMinero News
October 14, 2024
in Business, Features, News
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Nickel industry invest P4.3B in sustainable development initiatives
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The Philippine Nickel Industry Association (PNIA) said that the nickel mining sector allocated Php 4.3 billion last year towards initiatives that promote crucial Sustainable Development Goals (SDGs) aimed at enhancing community development and resilience.

In a report by Malaya Business Insight, the PNIA announced this investment through its Environmental Enhancement and Protection, Social Development and Management, and Corporate Social Responsibility (CSR) programs.

The organization added that these initiatives were executed across several host and neighboring cities and municipalities in seven provinces, which include Zambales, Palawan, Surigao del Sur, Surigao del Norte, Dinagat Islands, and Tawi-Tawi, enhancing the well-being of communities located near the mining sites run by its members.

PNIA’s projects contribute to 15 of the 17 Sustainable Development Goals (SDGs), with a particular emphasis on promoting Life on Land (SDG 15), eradicating Poverty (SDG 1), and ensuring Good Health and Well-being (SDG 3).

PNIA president Dante Bravo said that the input made in 2023 banked on insights from the 2020 SDG Report, bolstering their commitment to SDG 15, SDG 1, and SDG 3—critical areas where mining significantly contributes to sustainable development.

He noted that the association continually aligned its efforts with sustainability, stewardship, and resilience principles to reduce environmental impacts, alleviate poverty, and enhance health outcomes in mining-affected communities.

Bravo emphasized the importance of working together with local government units (LGUs) to optimize the implementation of mining companies’ SDG programs, ensuring they effectively complement local initiatives.

He remarked that since mining represents a temporary use of land, collaboration among LGUs, the Mines and Geosciences Bureau (MGB), and mining companies is vital for future planning.

Bravo noted that investing P4.3 billion in 2023 enhances local economies and aligns with government initiatives regarding the role of mining in advancing national economic development and building community resilience, particularly in remote areas with limited economic opportunities.

Tags: miningnickelPhilippine Nickel Industry AssociationPNIASDGSustainable Development Goals

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