LEMCO acknowledges that a framework for sustainability is founded on social, environmental and economic considerations. This ensures that specific standards are met in working towards sustainable development.
Our sustainability framework encourages business to be conducted in a sustainable manner. It endorses comprehensive environmental and social practices, whilst also inspiring transparency and liability, all contributing to positive development impacts.
More specifically, there are five factors that we focus on;
- Environmental impacts, risks and opportunities – this includes considering and implementing innovative environmental solutions.
- Social impacts, risks and opportunities – this involves revising issues with regards to human rights, diversity, employee relations and community interaction.
- Governance risk – eliminating overcompensation and conflict of interest and instead equitably rewarding employees, shareholders and investors.
- Finance – utilising traditional financial criteria.
- Management quality – sustainability needs human interaction thus; management must be committed to sustainability.
The LEMCO sustainability framework acknowledges environmental and social sustainability, performance standards and information policies. We are here to achieve sustainable development for indigenous communities, we are here to ensure environmental conservation and we are here to encourage economic prosperity for developing nations. Sustainability is our business and we have an important role to play in seeing this occur throughout development.