RE:RE:Technical Analysis BNN
Aboriginal and Native American Relations
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On May 26, 2014, AltaGas and the Indian Business Corporation (IBC) launched the AltaGas First Nations Development Fund. AltaGas has agreed to an interest-free $500,000 loan to boost IBC's capacity to finance viable First Nations entrepreneurs.
Policy
AltaGas is committed to building long term, mutually beneficial working relationships with Aboriginal and Native American peoples while recognizing and respecting individual values and traditions. AltaGas is committed to developing these relationships on a foundation of respect for the languages, customs, and political, social and cultural institutions of Aboriginal peoples.
Guiding Principles:
Our Aboriginal and Native American Relations Policy directs how we develop mutually beneficial relations with Aboriginal communities affected by our operations. It provides direction and a means to clarify how the company will interact with Aboriginal communities. It also sets standards for employees and contractors to interact with aboriginal representatives, and ensures a consistent approach for all projects. AltaGas' policy identifies guiding principles for Aboriginal Relations in order to achieve these goals.
These guiding principles include:
- Respect for legal rights, cultural values and traditional land use
- Recognition of the distinct needs of different Aboriginals with unique languages, cultures, priorities and protocols and the need to research project-specific issues
- Acknowledgment that all communities are different. A distinct community specific approach will need to be adopted for consultation and accommodation based on the impact of each Project.
- Open dialogue through communication and consultation.
- AltaGas employee education and training on Aboriginal Relations Policy
- Community development and partnerships
- Evaluating progress and measuring success
This policy promotes the understanding of, and sensitivity to, Aboriginals and Native Americans and the issues important to them based on the concerns they raise.