Resettlement
Resettlement
Management Approach
Banpu aligns our resettlement management with international standards, including those from the International Finance Corporation (IFC) and the International Council on Mining and Metals (ICMM). We are committed to fair and transparent processes, providing compensation, housing, and livelihood restoration. We actively explore alternatives that improve or restore the livelihoods and living standards of affected communities, particularly vulnerable groups. This is achieved through consultation, fair compensation, targeted support, and rigorous monitoring.
Our Resettlement Action Plans (RAPs) are tailored to community needs, and follow a strict protocol comprising 6 key measures: mutual agreement setting, strategy formulation, expert consultation, stakeholder consultation, resettlement planning, and monitoring & evaluation. We continuously monitor the resettlement process to ensure commitments are met and that any concerns are addressed through grievance mechanisms, prioritizing the well-being of affected communities at the center of the process and creating long-term, sustainable benefits.
Monitoring includes progress and outcome tracking, community engagement, and annual internal reviews, supported by independent third-party evaluations to verify compliance with IFC Performance Standard 5 (PS5) and applicable national standards. Evaluations compare pre- and post-resettlement conditions to give a clear picture of community outcomes over time. Findings are reported to stakeholders, and corrective actions are implemented for continuous improvement, reinforcing transparency, accountability, and alignment with Banpu’s broader sustainability goals.
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