We recognise our social, economic and environmental responsibilities to our stakeholders are integral to our business. We aim to demonstrate these responsibilities through our actions and within our corporate policies.
Mayur is committed to engaging with host communities throughout the lifecycle of its projects, as well as incorporating internationally recognised Environmental, Social and Governance (ESG) standards into its strategy and business practice.
We take seriously all feedback that we receive from our stakeholders and, where possible, maintain open dialogue to ensure that we fulfil the requirements outlined within this policy. We shall be open and honest in communicating our strategies, targets, performance and governance to our stakeholders in our continual commitment to sustainable development. Our approach is to create opportunities that enhance living standards and deliver sustainable benefits in a responsible, safe and efficient manner.
The more governments can do to bring about clear, stable pricing frameworks, the greater the incentives for innovation and lower emissions. Mayur continues to develop new ways to balance the ESG credentials of its projects, so a developing nation such as PNG can improve the standards of living for its people in a world that is rapidly transitioning to a low carbon future.
Our approach is built on a culture of respect, innovation, accountability and integrity with an objective of delivering positive outcomes for all our stakeholders. These values provide the foundation that will allow us to mutually succeed with our people, the partners with whom we collaborate and the communities in which we operate.
We value all relationships, work together and strive to understand and serve our stakeholders with respect.
We are resourceful. We solve problems and we constantly seek to create value while adapting, developing and continually improving.
We initiate sustainable outcomes, take responsibility and are open and accountable.
We commit. We keep our word, deliver results, and are professional and ethical.
Mayur Resources follows the strict rules and guidelines for Corporate Governance as outlined by the Australian Securities Exchange (ASX) Listing Rules. These require listed companies to include in their Annual Report a statement disclosing the extent to which they have complied with the ASX Best Practice Recommendations during the reporting period.
Mayur Resources adheres to the recommendations for an efficient model of Corporate Governance based on honesty and integrity and with respect to individuals and stakeholders.