From the 3rd Annual CSR Extractives Conference…

Mar 21, 2012

I’m at Ethical Corporation’s 3rd Annual CSR Extractives Conference How To Manage Social and Environmental Risk for Oil, Gas and Mining in London speaking about stakeholder engagement and conflict minerals—both the challenges and the progress.  The IFC just spoke about the documented financial benefit of good stakeholder engagement associated with natural resource projects.  I’ll talk about how “failure” or getting stuck can lead to success if you look at the challenge from the right perspective.  With conflict minerals, stakeholders were initially stuck because of the challenge of tracing and tracking in the supply chains for tin, tantalum, tungsten and gold.  But working together to unpack the challenges led to collaborative solutions—and progress. 

Good to see groups like PACT and others in the room.  Could use more like the Enough Project, Motorola Solutions, Intel, HP, GE, Freeport McMoran and Newmont to really paint the picture of the challenges and opportunities.  But that opportunity will come with the upcoming EICC-GeSI Supply Chain Workshop in Philly.

- Steve D’Esposito

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