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IFC discloses 2011 Performance Standards
IFC disclosed its 2011 Sustainability Framework (that includes the IFC Performance Standards) which will become effective on January 1, 2012. They contain strengthened aspects related to transparency, climate change, business and human rights, biodiversity and supply-chain management.
Should GRI be Added to IFC Performance Standards and Equator Principles?
Those looking for encouragement for sustainability reporting and/or GRI in the draft revision of the IFC Performance Standards will be disappointed. But the revision process is not over yet. Read More
IFC Performance Standards Revisions Entering Final Lap
In its recent
IPIECA, API and OGP Publish Sustainability Reporting Guide for Oil & Gas Sector
While GRI’s sector supplement is still work in progress,
Octopus Paul Predicts More Canadian Mining Sustainability Reports
Officially retired from predicting world cup soccer games,
What are Cost Drivers of Sustainability Reporting for First Timers?
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 who have discovered their own business case in reporting will be wondering about one thing: what are cost drivers of inaugural sustainability reporting? - Shortlink:
Perenco (Oil & Gas) Published First CSR Report –Why Now?
Inaugural sustainability reports, even if they don’t hit all the right notes, empower internal champions and create opportunities for better stakeholder engagement and transparency, and can help drive performance improvements. But are you not intrigued to find out what catalyzed and motivated Perenco, an independent oil and gas company operating in places like Gabon, DR Congo, Peru and Guatemala, to create its first CSR report? Is it perhaps related to the recent creation of a $2.8bn reserve-based lending involving Equator Banks, which will also assist with completion of a controversial oil pipeline in Peru’s rainforests? Read More
Canadian CSR Councellor Launches Consultation on Dispute Resolution Mechanism
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? Read More