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Showing posts with label stakeholder. Show all posts
Showing posts with label stakeholder. Show all posts

Tuesday, September 10, 2013

Corporate liability for human rights violations in Canada?

Can a Canadian parent company with a subsidiary operating in a foreign jurisdiction be liable for human rights violations in the foreign jurisdiction that occur at the level of the subsidiary? Janne Duncan, Michael Torrance and Janet Howard discuss a recent decision in which a Canadian court has allowed this issue to proceed to trial. Whatever the outcome at trial where issues of liability will ultimately be determined, one thing is clear: international public expectations are changing, and directors and officers of Canadian companies need to be aware of the potential risk of claims by foreign plaintiffs seeking redress for alleged harm committed beyond Canada’s borders.

Wednesday, March 6, 2013

PDAC: Community demands of mining companies to increase

Reporting from the PDAC conference in Toronto, the Mining Journal published the following this week:

Community demands of how mining companies share the economic benefits from natural resources will continue to increase, according to the International Finance Corporation (IFC), the World Bank’s private lender.

The warning came from Tom Butler, the global head of mining at IFC who was speaking at the Prospectors & Developers Association of Canada 2013 convention in Toronto. Butler said the mining sector had done a great deal in managing social risks, but indigenous communities would expect more in the future.

Sunday, February 24, 2013

Grievance Mechanisms and the Equator Principles

Principle 6 of the Equator Principles (EP) requires that, for all Category A and B projects, the borrower must create a “grievance mechanism” as part of the Environmental and Social Management System (ESMS). A grievance mechanism must be designed to receive and facilitate resolution of concerns about the project’s environmental and social performance.

This article will discuss the Grievance Mechanism requirement in the EP, including as set out in the IFC Performance Standards on Environmental and Social Sustainability (IFC Performance Standards).

Saturday, March 20, 2010

Grievance Processes for Internal and External Stakeholders

The purpose of this post is to consider the issue of internal and external stakeholder grievance mechanisms from a legal perspective.  The impetus was an interesting article I read by John Sherman, a senior fellow with the Corporate Social Responsibility Initiative of Harvard Kennedy School on the topic.