6.2 Scope

Indigenous Community Project Benefits are tailored to capture the financial benefits of projects developed on Indigenous lands or in collaboration with Indigenous communities. This scope targets projects that not only physically operate within Indigenous lands but also engage substantively with Indigenous communities, fostering their economic and cultural well-being.

This disclosure topic is particularly pertinent to entities that undertake projects in partnership with Indigenous communities. It applies to joint ventures, cooperative initiatives, community development programs, consultation or any collaborations that directly involve Indigenous community. The primary focus here is to transparently report the financial benefits provided to Indigenous communities through these projects. These benefits might include financial contributions for community development, investments in local infrastructure, support for cultural and educational initiatives, and contributions towards environmental and cultural preservation efforts.

The Pehta Framework's approach in this context emphasizes the specific financial benefits of each project, tailored to the unique circumstances and needs of the Indigenous communities involved. While the framework advocates for comprehensive and transparent reporting, it also acknowledges the need to respect confidentiality agreements, particularly regarding sensitive financial details.

Under the 'Indigenous Community Project Benefits' disclosure, the aim is to ensure that financial contributions are not only substantial but also directly contribute to the long-term prosperity and sustainability of Indigenous communities. These financial contributions are often tied to the development or pursuit of projects and may include expectations of some form of reciprocal benefit to the industry. This aspect of the framework is crucial in fostering balanced, respectful, and mutually beneficial relationships between industry and Indigenous communities, aligning with the overarching goals of the Pehta Framework to promote transparency, accountability, and genuine partnership.