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Archive for the ‘Canadian CSR Strategy for International Extractives’ Category

Size Matters – at least for CSR/GRI Reporting in Mining Sector

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...)

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IFC Performance Standards:Lessons Learned

The IFC Performance Standards on Social & Environmental Sustainability have emerged as the de facto benchmark for developing and financing responsible extractive projects in emerging markets. The Canadian government’s March 2009 CSR Strategy for the Canadian International Extractive Sector, Building the Canadian Advantage, also includes the IFC Performance Standards. In this article, I review the genesis, significance and key challenges associated with the IFC Performance Standards, using also input from participants of over 20 workshops and training courses delivered in Canada, China, Panama, Peru, UK and Venezuela since 2006. (more...)

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Continued Industry Opposition to CSR Bill C-300 in Canada

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...)

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Equator Principles: Mining, Oil & Gas Deal Transparency

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...)

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Canadian CSR Centre for Extractives Launched

Canadian CSR Centre for Extractive Sector Launched

The Canadian Institute of Mining, Metallurgy and Petroleum (CIM)  is tasked with spearheading the development of the Centre for Excellence in Corporate Social Responsibility, which was launched today. Will it be able to transcend beyond a one‐stop‐web-shop with the latest information on CSR?  (more...)

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CSR Bill C-300 – A Storm in the Tea Cup?

Are some of the heated discussions around the Canadian Bill C-300 designed to regulate the CSR performance of Canadian extractive companies operating abroad a storm in the tea cup? (more...)

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Review Mechanism Priority for Canadian CSR Councellor

During a webinar hosted by the Canadian Institute for Mining & Petroleum (CIM) today, Dr. Marketa Evans, the recently appointed CSR Counsellor for the Canadian extractive sector operating abroad, identified the development of a review mechanism of complaints as an emerging priority. (more...)

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Sustainability Reporting – Misperceptions & Barriers

The North American sustainability reporting practice is still lagging behind Europe. As a sustainability reporting course instructor and GRI report producer, it has been interesting to observe the discrepancy between GRI’s intent and external perception of certain elements of the GRI framework. (more...)

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