Prizma

Officially retired from predicting world cup soccer games, Octopus Paul now expects proliferation of first-time sustainability reporting amongst Canadian listed mining companies. Will Paul be right again? (more…)

While some may still be wondering how long they can get away without reporting, others see this as an opportunity to leverage sunk costs, impress investors and drive performance improvement. All first time reporters will be wondering about one thing: what is the length of that proverbial string? What are cost drivers of inaugural sustainability reporting? (more…)

As noted in an earlier blog, GRI launched its Metals and Mining Sector Supplement during PDAC’s 78^th Annual Conference held in early March in Toronto which attracted 21,600 attendees. So how and why did PDAC manage to steal the show at GRI’s June conference session on the Mining and Metals Sector Supplement? (more…)

 Jointly with GRI, the International Finance Corporation (IFC, part of the World Bank Group) published a bridging document showing how strategies, system and data points developed to meet IFC Performance Standards can be used to generate GRI-type sustainability reports. About time to help capital project developers/sponsors to leverage expensive compliance reporting to create more shareholder value! (more…)

The Office of the Extractive Sector Corporate Social Responsibility (CSR) Counsellor launched consultations on its new dispute-resolution mechanism. Will this – and the role of the CSR Councellor more generally - make the controversial Bill C-300 obsolete? (more…)

In May 2010, the Compliance Advisor/Ombudsman (CAO) office of IFC/MIGA released its Review of IFC’s Policy and Performance Standards on Social and Environmental Sustainability and Policy on Disclosure of Information. This CAO Advisory Note is a contribution to IFC’s ongoing review and update of its Sustainability Framework about which I blogged previously. (more…)

As noted earlier, GRI and ICMM launched the new GRI Metals and Mining Sector Supplement during the annual mining convention of PDAC in early March 2010. The new Sector Supplement integrated many references to the IFC Performance Standards and suggests increasing convergence amongst these internationally recognized guidelines. (more…)

The IFC Performance Standards require that projects with potentially significant impacts conduct ‘Free, Prior, Informed Consultation’ (FPIC) and demonstrate ‘Broad Community Support’ (BCS). Will these requirements move towards the concept of ‘Consent’ particularly in the context of Indigenous Peoples? (more…)

On March 6, 2010, the Canadian CSR Councilor, Marketa Evans, delivered her key note speech on 21^st Century CSR at the Mining, People and Environment event which preceded the Prospector & Developer Association of Canada’s (PDAC) convention in Toronto. Her comments provided some food for thought and raised interesting discussions. (more…)

The Toronto Stock Exchange is a world leader in the resources sector and home to 55% of the world’s public mining companies. I was wondering how many of these public firms produce formal CSR and/or GRI-type sustainability reports? (more…)