We turn our NDPE Policy into action through a clear and tangible work plan every year.

Every year, we establish an implementation work plan to turn our NDPE Policy into action. A progress report of such implementation will be published annually for the cognizance of our stakeholders.

2024 NDPE Policy Implementation

POSCO INTERNATIONAL’s new palm oil policy is accompanied by a time-bound implementation work plan for PT BIA operation in Papua, Indonesia. This plan is aimed at providing stakeholders with a high-level overview of major activities and include a summary of activities that will be carried out in 2024. PT.BIA will publish annual progress reports on the delivery of this implementation plan.



Commitment

  

Action Plan

  

1Q

  

2Q

  

3Q

  

4Q

Policy, Systems

and Management

  

Release Implementation Plan for the year 2024.

              
 

Establish an integrated internal system that can monitor compliance with NDPE policies among supply chains(plasma smallholders).

        
 

Establish direction for implementing NDPE policy from a mid-to long-term perspective.

              

Environmental

Conservation

and Management

  

Continue compliance with RSPO Best Management Practices (BMP) for sustainable agriculture management and prohibition of chemical usage in riparian zones.

        
 

Strengthen conservation efforts for biodiversity in the 6,718 ha of High Conservation Value (HCV) areas within the concession.

        
 

Support setting up and operating a wildlife rescue/rehabilitation facility beyond the concession.

            
 

Carry out activities to reduce greenhouse gas emissions within the concession.

             
 

Form a fire care community group (MPA) for fire prevention/management beyond the concession.

        

Protection of,

 and Respect for, Human Rights

  

Continue to provide appropriate training for employees for their capacity development.

        
 

Strengthen safety and health management systems for plantation and mills.

            
 

Continue to implement a economy, health, and education program aimed at improving the quality of life of local residents.

        
 

Establish a reward system for best practices in safety and health activities to strengthen safety and health awareness of employees.

          
 

Push ahead with building a corporate culture of respect for DE&I (Diversity, Equity and Inclusion).

- Review relevant regulations and the current situation survey.

        

Stakeholder

Engagement &

Communication

  

Actively respond to registered grievances and periodically disclose the resolution progress.

        
 

Publish an annual activity report that includes the progress on NDPE implementation.