Prizma

Clear lines in the sand about CSR Bill C-300 targeting Canadian extractive companies operating abroad: mining advocacy NGOs are in favor and industry  is opposed. But what are administrative implications in terms of possible case load emerging from adoption of this Bill? (more…)

According to GRI, public agencies account for less than 2% of sustainability reporters in 2009. In addition to poor uptake, this may also indicate an inconsistent and outdated approach to classification based on ownership concepts instead of sustainability profile and performance. (more…)

Prompted by client questions, I revisited IFC’s Report on the First Three Years of Application of IFC’s Policy and Performance Standards on Social and Environmental Sustainability and Policy on Disclosure of Information. IFC’s client surveys shows that 21 percent said the cost of PS implementation might negatively influence future decisions to work with IFC. (more…)

Used to more user friendly disclosure practices of multilateral financial institutions like the IFC or the EBRD, advocacy groups lament lack of deal transparency by Equator Banks. Although there is room for improvement, I wonder if the existing market transparency is already being leveraged enough. (more…)