Prizma

 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…)

It did not require the devastating Deepwater Horizon oil spill in the Gulf of Mexico to realize that oil and gas field developments are high risk operations. Similar to the Mexican Ixtoc One oil platform spill in 1979, which affected Texas coast lines, the on-going spill has the potential to result in significant trans-boundary impacts.  Will this latest spill encourage the three North American governments to re-open stalled negotiations on a Trans-boundary EIA agreement? (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…)

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…)

CEE Bankwatch, an advocacy NGO, has been scoring PR points against the European Bank (EBRD) and its involvement in gold mining projects in Armenia, Bulgaria and Kyrgyzstan. Would EBRD’s exit resolve the allegations and concerns raised by Bankwatch – and existing legacies associated with ‘brownfield mining’? (more…)

The report of the European Bank’s (EBRD) November 2009 workshop on Environmental and Social Responsibility in Mining in London is now available. The event helped inform EBRD’s preparation of its planned Mining Strategy (expected in 2010) and touched also on Artisanal and Small Scale Mining (ASM).  (more…)

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…)

I recently attended an invitation-only workshop on mining and sustainability hosted by the European Bank (EBRD) in London.  One of the themes developed at that event focused on ‘meaningful public consultation’. (more…)