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Thursday, March 28, 2024

FCF transparency reporting via GRI

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Quezon, Nueva Vizcaya—FCF Minerals Corp. based here has embarked on a publication project in a bid to boost their transparency reporting.

FCF has commissioned the University of Asia and the Pacific-Center for Social Responsibility for the production of its 2018 Sustainability Report using the Global Reporting Initiative.

UAP-CSR’s professor Colin Hugo said the GRI is the most widely accepted framework for sustainability reporting.

“The GRI works towards the same goal as FCF Minerals Corp’s transparent, meaningful and consistent engagement for gathering stakeholders’ needs and interest in our activities,” he said.

Hugo added that systematic stakeholder engagement can enhance the usefulness of the company’s Sustainability Report to their clients.

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FCF has already published their 2018 Sustainability Report, the first publication with the UAP-CSR which covered the reporting period of Jan. 1, 2016 to Dec. 31, 2017 which introduces the company’s framework for sustainability, measured impacts and documented stories of stakeholders. Ben Moses Ebreo

It also highlighted the company’s response to United Nation’s call for sustainability, focusing their discussion on the five thematic areas of UN’s Sustainable Development Goals: Prosperity, Planet, People, Peace, and Partnerships.

“In fact, FCF is pleased to report that out of the 17 SDGs, 13 are already aligned with and embodied in their operations,” Hugo said.

The 2018 Sustainability Report which carried the theme: “Sustainability through innovation” also features

the proven Green Technology, the BIOX method in oxidizing ore coupled with the Activated Sludge Tailing Effluent Remediation (ASTER) process, the first to be done in the country.

UAP-CSR has recently conducted a Stakeholder Consultation for the FCF Minerals Corporation’s Second GRI Sustainability Report.

The multi-sectoral consultation was attended by various participants and representatives from the government and the private sector. 

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