ENVIRONMENT

Biodiversity Management

In 2015, Ambatovy unrolled the Ambatovy Biodiversity Management System, replacing the previous Biodiversity Management Plan. This comprehensive monitoring and evaluation system allows Ambatovy to more fully utilize acquired scientific data and information and to identify and manage risks in real time through a quality control and assurance structure.

The following key objectives are the foundation of Ambatovy’s biodiversity management system:

  • No net loss of biodiversity, and preferably a net gain;

  • No loss of species and no reduction in the viability of populations of endangered species;

  • Minimized impacts on flora, fauna, and aquatic resources;

  • Increased conservation of rare habitats;

  • Priority habitat viability assured by maintaining or increasing ecosystem connectivity;

  • Ambatovy’s biodiversity actions linked with regional initiatives.

Details about Ambatovy’s mitigation and offsets activities can be found in the Biodiversity Management Plan.

Ambatovy has and continues to implement scientific conservation actions for targeted flora and fauna species including lemurs and critically endangered frogs and fish. These programs are based on an adaptive management approach followed by Ambatovy. Adaptive management is an analytical process that is used to continuously improve and enhance management policies and practices by learning from the outcomes of operational programs.

Click on the links on the right to learn more about Ambatovy’s biodiversity management and monitoring programs.

A Pioneering Biodiversity Offsets Program

Ambatovy’s biodiversity offsets program has been designed and implemented as a pilot project within the framework of the Business and Biodiversity Offsets Program, a voluntary partnership between companies and conservation experts that seeks to develop an international framework for the design and implementation of biodiversity offsets, particularly for use in developing countries lacking their own offsets policies and legislation. Other BBOP pilot projects are underway in Africa, Latin America, the Middle East, the U.S., and Asia, covering a range of sectors including oil and gas, mining, tourism, and real estate.

Ambatovy’s offsets activities are designed to adhere to the BBOP principles and guidelines and produce quantifiable biodiversity and socioeconomic benefits. Sophisticated calculations are used to determine residual losses in biodiversity due to Ambatovy’s activities and the gains achieved by the offsets. Socioeconomic assessments are also made to determine the impact of offsetting on local populations and the scale of compensatory measures that may be required. Ambatovy’s offsets program is monitored in consultation with BBOP through the annual assurance framework meetings and with the support and guidance of experts associated with the program.

Learn more about Ambatovy’s involvement in BBOP by reading this case study.

In 2014, Ambatovy was awarded the Nedbank Capital Sustainable Business Award in the Resources and Non-Renewable Energy category for its Biodiversity Management Program. The award is an acknowledgement dedicated to companies in Africa targeting sustainable development and giving value to the community and the environment. To learn more about this award click here.

Scientific Consultative Committee

A Scientific Consultative Committee on biodiversity was established in 2009 and reflects Ambatovy’s commitment to environmental management and transparency. The Committee is made up of sixteen national and international, independent third party experts and engineers renowned for their expertise in biodiversity, conservation, and environmental management.

The Scientific Consultative Committee convenes every six to twelve months to facilitate an external evaluation of Ambatovy’s implementation of the biodiversity management program and to make recommendations for the conservation of Madagascar’s unique biodiversity.