Environmental Management

Within the DRC, Banro is subject to a comprehensive set of national regulations with respect to environmental management. These are set out in the 2002 DRC Mining Code and associated regulations, which are administered by the Ministry of Mines.

Banro is also committed to global standards of environmental compliance as articulated by the Equator Principles (EPs), the leading global framework for environmental and social risk management in the mining industry. The EPs were prepared and are used today by financial institutions involved in international project debt financing and are based on the IFC Performance Standards on social and environmental sustainability and on the World Bank Group Environmental, Health, and Safety Guidelines. In addition to reflecting sound environmental management practices and workplace health and safety, these combined standards address a range of social responsibility issues, including labour and working conditions, community health, safety and security, land acquisition and voluntary resettlement.

Further information on Banro's commitment to responsible environmental management is available in the Company's 2014 Sustainability Report.