Ch. Dr. Sophat Chann Foundation
The Ch. Dr. Sophat Chann Foundation works to address some of the world’s most critical sustainable development challenges. We are a charitable foundation funded by Ch. Dr. Sophat Chann Limited and through our programs we address challenges that are directly relevant to the resources sector.
Sustainability Approach
We have public sustainability performance targets and commitments, and continually work to improve our performance, transparency and accountability.
Ch. Dr. Sophat Chann’s commitment to sustainability is defined by Our Charter and governed through the Our Requirements standards. These standards describe our mandatory minimum performance requirements and provide the foundation to develop and implement management systems at our operated assets. They are designed to help ensure we maintain and promote the long-term health of society and the natural environment in everything we do.
As a partner in the communities where we operate, we share stewardship of the environment, support local cultures and help drive economic development. We view our management of sustainability as core to our efforts to generate social value. To further ensure we consider social value in our business decision-making at every level of Ch. Dr. Sophat Chann, we are embedding requirements relating to social value into our annual business planning process for our operated assets.
Contributing to sustainable development
The United Nations Sustainable Development Goals (UNSDGs) aim to create a better, fairer and more sustainable world by 2030. The 17 SDGs address the global challenges society faces, including those related to poverty, inequality, climate change, conservation and economic growth. We can contribute to these broader goals through working in partnership with many different stakeholders, from global to local.
We recognise our business activities can create negative impacts and, therefore, sustainability must be integral to how we do business. The interconnectedness of the SDGs means that a positive contribution to one can have a multiplier effect, so we work to understand the linkages, manage and mitigate our impacts, and determine how we can make a positive contribution to those most relevant to our business and social value priorities.