Environmental Policy

We commit to conduct our business objectives with utmost care for the environment. We seek to continually integrate safety, health and environmental concerns in all phases of operations. We shall use the best environmental management practices and strive to foster mutually beneficial partnership with host communities.

To continually improve our safety, health and environmental performances, we shall:

  • comply with relevant country statutes, regulations, and industry initiatives;
  • promote sustainable use and responsible development of resources by adopting appropriate technologies;
  • minimize, reuse or recycle, treat, and dispose properly all wastes;
  • enhance the land use and form in our operational areas;
  • promote safety, health, and environmental awareness and interaction among our employees, suppliers, contractors, host communities, and other interest groups;
  • provide appropriate training and ensure competence among our personnel for effective maintenance of our environmental management system;
  • develop livelihood programs and upgrade skills of host communities to contribute and enhance quality of life; and
  • make this policy available to the public.

Corporate Governance Statement

  • Good corporate governance is a key to sustaining a genuine inclusive growth in the organization and is critical to improving shareholders’ value and wealth.
  • A strong commitment to corporate-governance principles and global best practices is likewise essential to achieving LOUFRAN Minerals and Development Corporation’s long-term goals, consistent with the vision of becoming a highly respected, world-class natural-resource company committed to deliver excellent service to its investors, employees, and stakeholders.
  • Our corporate-governance principles and practices are principally embodied in the Articles of Incorporation and By-Laws in accordance with the Code of Corporate Governance of the Securities and Exchange Commission (SEC), and the Corporate Governance Guidelines and the listing rules of the Philippine Stock Exchange (PSE).

Diversity Statement

We embrace and promote diversity at all levels, including the Board.  The Company recognizes that human capital remains as its most valuable asset and as such, LOUFRAN Minerals and Development Corporation is committed to fostering, cultivating and preserving a culture of diversity and inclusion. The collective sum of the diversity – in terms of background, race, ethnicity, gender, religion, life experiences, knowledge, inventiveness, innovation, self-expression, unique capabilities and talents – represents a significant part of the Company’s culture, reputation and achievements.

Environmental Policy

As a socially and environmentally responsible company, LOUFRAN Minerals and Development Corporation is committed to the continuous improvement of its operations, avoiding or rehabilitating any adverse environmental impacts, the faithful compliance with all laws, legislations and other regulations, and the promotion of environmental awareness and commitment for environmental protection among its workers at all levels.

Human-Rights Policy

We value the dignity of every individual and the basic human rights as provided under the Philippine Constitution and the Universal Declaration of Human Rights. In all its endeavors, LOUFRAN Minerals and Development Corporation is committed to respect human rights and to conduct its activities in a manner that is consistent with applicable laws and best practice in mineral exploration and development, environmental stewardship, health and safety, and community relations.

Ethics Policy

We conduct our business fairly, honestly, responsibly, and with due regard to the dignity and human rights of every individual, the governing and applicable laws, and the rules and regulations as embodied in our Code of Business Conduct and Ethics.

Intellectual Property-Rights Policy

We conduct our business strictly in accordance with the Philippine and international laws, rules or regulations governing intellectual property and intellectual property rights, which include trademarks, patents, and copyrights.

Site Safety Policy

The Company adheres to a Site Safety Policy and is committed to the highest levels of health and safety programs to ensure every stakeholder’s safety and espouses loss prevention as a way of life. LOUFRAN Minerals and Development Corporation strives to maintain a sound and safe working place for the prevention of injury, illness, property damage, and loss to process, in compliance with all relevant legislations, and in the preservation of the environment as well.