TITLE

MINING AND INDIGENOUS COMMUNITIES: CSR PRACTICES OF MINING COMPANIES

AUTHOR(S)
V., Zamorshchikova
PUB. DATE
April 2016
SOURCE
Proceedings of the International Multidisciplinary Scientific Ge;2016, Vol. 2, p589
SOURCE TYPE
Conference Proceeding
DOC. TYPE
Article
ABSTRACT
Companies in extractive industries have been moving towards implementation of corporate social responsibility (CSR) principles and practices in response to a variety of pressures. Since mining is an industry prone to cause serious environmental harm and human impact, the adoption of CSR practices in an effective and convincing manner is a major challenge for mining companies. The latter need to think beyond extraction, to be good corporate citizens, and respond to their multiple stakeholders' demands. Indigenous communities are one of the many stakeholders who have an interest or control over the resource projects. The companies involved in controversial sectors particularly in the extractive industries have to deal with their demands to ensure the success of the project or activity. These groups of stakeholders are the most directly and adversely affected by mining activities. The inability of an effective engagement of indigenous people as stakeholders can create major risks for organizations. If local indigenous communities consider a project as undesirable in the region, the company will face a longer development process and perhaps even find it impossible to operate in a hostile environment. This paper examines CSR practices within a context of the mining industry, a sector particularly exposed to controversies and stakeholder management dilemmas faced by business managers. It investigates strategies of indigenous communities involvement of major mining giants operating in North America.
ACCESSION #
118410819

 

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