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Archive for the ‘Equator Principles (EP2)’ Category

Oil sands make the most sustainable corporations list

Canadian-based Corporate Knights announced its sixth annual Global 100 list of the most sustainable large corporations in the world. This includes oil sands players, Suncor, Nexen and Shell, and provides also other surprises. (more…)

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Equator Principles – Progress or Failure?

Last week, over 100 NGOs  from around the world called for major reforms of the Equator Principles. Are these Principles, adopted by major project finance banks and export credit agencies (ECAs), really the failure they are made out to be? (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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Revise or Mainstream the IFC Performance Standards?

The current IFC Performance Standards emerged in 2006 as one of the major outcomes of the World Bank Group’s self-critical Extractive Industry Review. Is it really time to revise the IFC Performance Standards, which is now under way, instead of focusing more on their broader adoption and application? Are we allowing the perfect to be the enemy of the good? (more…)

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Consultation on Pilot Human Rights Impact Assessment Guide Ends

The Guide to Human Rights Impact Assessment and Management (HRIA) was published in pilot form in June 2007. It was developed by the IBLF and the IFC, in collaboration with the UN Global Compact. The Guide provides a methodology for conducting a HRIA.  Today marks the end of the public consultation period to update the ‘road tested’ pilot HRIA Guide. (more…)

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Chinese run mining in DRC

A recent seminar on IFC Performance Standards and Equator Principles delivered to a team involved in supply chain risk management at the Responsible Sourcing Division of STR raised an interesting discussion: can we expect to see labor and human rights concerns previously associated with, say, textile industry supply chains in China now replicated in the Chinese-run mining sector in the Democratic Republic of Congo (DRC)? (more…)

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