2ndrev philex mining annual report

Page 73

EQUAL OPPORTUNITY & HUMAN RIGHTS

In addition to providing equal opportunity to both men and women in the workforce, there is no discrimination on race, religion, ethnicity, national origin, color, age, sexual orientation, citizenship, veteran status, marital status or disability. Harassment, including sexual, physical and verbal, is prohibited. The Company does not allow forced or compulsory labor and has had no founded incidents of discrimination of any form for the period covered in this report. PMC does not allow child labor, as defined by the International Finance Corporation (IFC) as “work by children that is economically or likely to be hazardous or to interfere with the child’s education, or to be harmful to the child’s health or physical, mental, spiritual, moral, or social development.” PMC will not knowingly employ a person who is

under the legal age of employment, or where that employment would contravene the IFC definition of child labor. PMC also recognizes the rights of indigenous people in the communities where it operates. In 2008, the company has entered into a memorandum of agreement with the duly organized indigenous peoples and indigenous cultural communities living within 98 hectares of Padcal Mine. The agreement signifies the company’s compliance with Republic Act No. 8371, otherwise known as the Indigenous Peoples Rights Act of 1997, and the Mining Act of 1995. The indigenous communities agreed for the continued mining operation of PMC on the 98 hectares of land in exchange for their entitlement to royalties and social assistance benefits that include employment and livelihood opportunities.PMC also committed to rehabilitate the land area through tree planting and slope stabilization, as well as provide technical assistance on infrastructure projects that will benefit the indigenous community. There were no incidents of human rights violations involving indigenous peoples and other stakeholders during the reporting period.

Workplace Responsibility

As a socially responsible organization, PMC values the dignity of every individual and the basic human rights recognized under the Philippine Constitution and the Universal Declaration of Human Rights. In all its endeavors, the company is committed to respect human rights and conduct activities in a manner that is consistent with all applicable laws and in accordance with best practices in mineral exploration and development, environmental stewardship, health and safety, and community relations.

71 Participation of women in the workforce.


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