Updated
10/05/2002
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Updated
10/05/2002
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MMSD co-sponsored the 'Corporate Social Responsibility: From Words to Actions' conference at Chatham House, London on 15-16 October 2001, with the Royal Institute of International Affairs, the Control Risks Group and the International Business Leaders' Forum. At the conference, practical issues surrounding the corporate citizenship agenda - also known as corporate social responsibility - were examined. The event was attended by world-renowned experts on policy issues related to this topic as well as a number of company representatives and NGOs. MMSD led a panel discussion, 'Structures for Achieving Change in the Extractive Industries', which centred on potential frameworks for change in the extractive sector and cross-sectoral learning. MMSD also used the conference to unveil some preliminary conclusions on issues of governance and voluntary initiatives. The possibility of developing a verification system for the industry was introduced, that could eventually lead to mines, minerals and companies all being verified against a set of global, regional and local standards. Three phases - ultimately leading to the development of the global verification scheme - were outlined. Such a system could cover sustainable development issues such as human
rights, environmental management, local economic development, corruption,
labour standards and community relations. The exact range and scope of
the verification scheme would be developed as part of Phase I. At the
end of the process a clear set of benchmarks defining concrete performance
at the global, national and project level would be in place. An independent
system for verifying compliance would provide incentives to comply through
favourable borrowing terms, lower insurance rates and a clear system of
resolving disputes when they occur. |
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DocumentsThe following presentations were made at the Corporate Social Responsibility Conference and are now available in PDF format:
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EventsConference on Corporate Citizenship
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Copyright © 2002 IIED - All Rights Reserved |