The role of csr policies focused on local content actions in host countries faced with governance gaps and mining operations
The role of csr policies focused on local content actions in host countries faced with governance gaps and mining operations

Author: Luis Bustos

Publisher: U. Externado de Colombia

Published: 2015

Total Pages: 16

ISBN-13: 9587722493

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The idea that a private enterprise has a social function and some obligations to all stakeholders is not something that has always existed. Concepts like sustainable development and shared value appeared only after a long process of trial and error. Understanding the origins of the theory of corporate social responsibility and its evolution will allow us to be ever closer to solving the mystery of what should be the role of private capital in society. It will also help us determine its importance when facing significant challenges due to government absence or weakness over certain territories. The book will highlight the difficulties, advantages and disadvantages that arise during the implementation of local content policy. The alignment of corporate and government interests, as well as doing business for a common and coordinated purpose, are shown as possible solutions to the adverse effects of the general exploitation of mineral and natural resources. Other options presented that could offer a solution to government gaps and the unsatisfied needs of the communities include commitment on developing local capacities, supporting the private initiative and investing with the purpose of replicating the benefits produced by the mines.

The role of the CSR policies focused on local content actions in host countries faced with governance gaps and mining operations
The role of the CSR policies focused on local content actions in host countries faced with governance gaps and mining operations

Author: Luis Bustos

Publisher: Universidad Externado

Published: 2015-04-01

Total Pages: 77

ISBN-13: 9587726960

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The idea that a private enterprise has a social function and some obligations to all stakeholders is not something that has always existed. Concepts like sustainable development and shared value appeared only after a long process of trial and error. Understanding the origins of the theory of corporate social responsibility and its evolution will allow us to be ever closer to solving the mystery of what should be the role of private capital in society. It will also help us determine its importance when facing significant challenges due to government absence or weakness over certain territories.

Sovereign Wealth Funds, Local Content Policies and CSR
Sovereign Wealth Funds, Local Content Policies and CSR

Author: Eduardo G. Pereira

Publisher: Springer Nature

Published: 2021-01-25

Total Pages: 653

ISBN-13: 3030560929

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This book explores three particular strategies in the extractives sector for creating shared wealth, increased labour opportunities and positive social, environmental and economic outcomes from corporate projects, namely: state wealth funds (SWF), local content policies (LCP) and corporate social responsibility (CSR) practices. Collectively, the chapters explore the associated experiences and challenges in different parts of the world with the view to inform equitable and sustainable development for the communities living adjacent to extractives sites and the wider society and environment. Examples of LCPs, SWFs and CSR practices from 12 jurisdictions with diverse experiences offer usefull insights. The book illuminates challenges and opportunities for sustainable development outcomes of the extractives sector. It reflects the need to take on board the lessons of these global experiences in order to improve outcomes for poverty reduction, inequality reduction and sustainable development.

Gold
Gold

Author: Michael John Bloomfield

Publisher: John Wiley & Sons

Published: 2021-02-04

Total Pages: 114

ISBN-13: 1509534121

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Gold remains a highly prized and impactful resource within the global economy. From the insatiable demand for gold in the electronics that permeate our day-to-day lives to the environmental desolation driven by gold mining in the Amazon, the gold trade continues to touch the lives and livelihoods of people across the world. Bloomfield and Maconachie tell the intriguing story of the yellow metal, tracing the seismic shifts in the industry over the past few decades. They show how huge purchases of gold reserves by BRICS countries mark the shifting balance of power away from the West, and how rising affluence in India and China has led to a surging demand for gold jewellery, calling into question current approaches to make supply chains more responsible. Explaining why gold is so difficult to regulate and why it is only becoming more so, the authors suggest ways we could, collectively, make practices work better for the countless workers and communities who suffer at the producer end of the supply chain. Linking local to global, producer to consumer, and gold’s extraction from the Earth to the financial centres that fuel it, this book offers a probing analysis that reveals who wins and who loses and what this means for the future of gold.

CSR Reporting and the Belt and Road Initiative
CSR Reporting and the Belt and Road Initiative

Author: Ruopiao Zhang

Publisher: Taylor & Francis

Published: 2023-06-23

Total Pages: 246

ISBN-13: 1000905039

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The Belt and Road Initiative (BRI) is a major development strategy launched by the Chinese government with the goal of fostering economic cooperation among countries along the proposed routes. The BRI marks a new era in which multinational enterprises (MNEs) from developing countries are beginning to take primary responsibility for driving global flows of outward foreign direct investment (OFDI). Among hotly debated topics on how the BRI is reshaping the global competitive landscape, corporate social responsibility (CSR) reporting practices of Chinese MNEs along the Belt and Road are noteworthy but relatively less discussed. This book investigates how do Chinese MNEs engage with, define, and implement CSR under such an enormous cooperative initiative through analyzing their CSR reporting practices in the BRI host countries. Besides this, opportunities and challenges of the BRI investments for sustainable development in host countries are examined. The book provides critical insights into the current institutional architecture for CSR reporting to promote sustainable development. It also highlights the importance of stakeholders’ capacities to sustain, enact, and execute strict CSR disclosure laws and regulations. The findings mark important implications, particularly in view of growing concerns about international reputational damage of unsustainable OFDI. The book is suitable for researchers, undergraduate and postgraduate students in the fields of CSR, sustainability development, accounting, and international business; as well as others who are keen on the latest development of the BRI in relation to other developing and least-developed countries.

China and International Norms
China and International Norms

Author: Mario Esteban

Publisher: Taylor & Francis

Published: 2023-07-21

Total Pages: 184

ISBN-13: 1000919250

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This book explores the relationship between China and international norms through the lens of The Belt and Road Initiative (BRI). Presenting seven case studies, this book highlights China’s stances toward international norms that govern different international issues. The case studies reveal that the normative function of the networks built under the BRI is limited and contains noticeable variations between domestic norms and international ones in China, resulting in implementation gaps between rhetoric and deeds. Unlike current literature on this issue, which is scattered in terms of topics covered and methodology used, it constructs a holistic theoretical/methodological framework which can be utilized to study a State’s position toward different international standards. In light of China’s increasing international influence and proactive and assertive foreign policy, this study will be of interest to officials and practitioners involved in foreign policy and international cooperation, and to student and scholars of global development and international relations.

Mandated Corporate Social Responsibility
Mandated Corporate Social Responsibility

Author: Nayan Mitra

Publisher: Springer Nature

Published: 2019-08-28

Total Pages: 261

ISBN-13: 303024444X

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This book examines the Indian mandate for Corporate Social Responsibility (CSR) and its implementations in various individual organizations. Although the mandate is applicable only to certain large and stable companies, many believe that India is poised to become the birthplace of social, economic and environmental transformation, given the immense size of the Indian population and its challenging socio-economic index. The book explores the various facets of CSR investigation and places special emphasis on the Schedule VII of the Indian Companies Act of 2013, which defines specific areas of intervention for these companies. In addition, it provides a wealth of first-hand case studies that exemplify the ongoing developments and the fundamental challenges and opportunities of mandated CSR.