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Risk Mitigation & CSR in Africa and Emerging

Markets

28 April 2011

Centre for Excellence in Corporate Social

Responsibility

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• Canada, its provinces and territories, still provide some of the most attractive jurisdictions to explore and extract worldwide

• Survey in 2007 shows there are even more operations run by Canadians outside Canada than in Canada

• TSX is host to more mining exploration and extraction companies than all the other stock exchanges (Canada: 1557, Rest of World: 992)

• A similar situation applies to Oil and Gas

Context for a Canadian CSR Strategy

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Canada’s CSR Approach

Canada encourages and expects Canadian firms operating abroad to respect all applicable laws, international standards,

and to reflect our values and international commitments.

Canada is active in fostering and promoting CSR at bilateral and multilateral levels.

Host governments are responsible for legislation that meets the needs of their citizens.

There is, however, a limit to what companies can provide to support social, health, environment, and education

concerns of the communities within which they operate.

Canada supports and encourages the Canadian business community to develop and implement CSR standards, tools, and best practices.

Canadian Trade Commissioner Service

4Canadian Trade Commissioner Service

Role of Missions Abroad in CSR

Foster informed

debate withoutgetting in front

Canada

Advise companies

of Canada’s CSR

expectations

Refer clients to information,

tools, guidelines

Facilitate dialogue

without getting

in the middle

Engage host governments

Report on local CSR

issues

Invite experts and speakers

on CSR

Support internationally

accepted standards &guidelines

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Context for a Canadian CSR Strategy

Building the Canadian Advantage

CSRCentre

for Excellence

Promotion of Voluntary

CSR Performance

Guidelines

Host Government

Resource CapacityBuilding

Extractive

Sector CSR

Counsellor

The Strategy comprises 4 pillars:

A CSR Strategy for the Canadian International Extractive Sector

6Canadian Trade Commissioner Service

Role of Missions Abroad in CSR

Foster informed

debate withoutgetting in front

Canada

Advise companies

of Canada’s CSR

expectations

Refer clients to information,

tools, guidelines

Facilitate dialogue

without gettingin the middle

Engage host governments

Report on local CSR

issues

Invite experts and speakers

on CSR

Support internationally

accepted standards &guidelines

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CSR Centre for Excellence

• Identify, develop, and disseminate, in collaboration with stakeholders, relevant information on CSR for clients in government, civil society and industry

• Develop CSR information packages for targeted markets and proactively sponsor briefings

• “Community of practice” web-based public platform for stakeholders to share information

• Develop an in-house inventory of Canadian company CSR contacts, activities and best practices

The Strategy calls for the development of a CSR Centre for Excellence

in an existing institution outside government that will provide:

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• Provide information and tools for all, including multi-stakeholder organizations, companies, government, civil society organizations and communities

• Based on cooperation between the multi-stakeholder organizations

• Assist in difficult discussions

Emphasis on multi-stakeholder organizations 

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• 3 consultation session with multi-stakeholder organizations were held:• July 2009 – Ottawa• August 2009 – Vancouver• November 2009 – Calgary, Toronto, Montréal

• Established the Interim Executive Committee

• Canadian Institute of Mining, Metallurgy and Petroleum (CIM) to host

Build the basis

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Interim Committee•Responsible for getting Centre established and

building platform for its sustainabilityCommunity of Practice•A central web-based database

of research, tools, best practices, training materials and experts

Knowledge in

Research Tools Case

StudiesTraining Materia

ls

Contact Registr

y•Sources of knowledge will include but not be limited to national and international contributions from: industry, consultants, all levels of government, indigenous groups, academics and civil society organizations

Knowledge out

Academics, Civil Society Organizations, Companies, Indigenous groups, Educators, General Public, Government, Foreign Governments, Investors/ Financial Institutions, Media, Practitioners

•Consumers of knowledge will have unrestricted access to the full range of information. Some information will be available free-of-charge, some of it will require “registering”, while some will be available for a fee (depending on source).

Advisory Panels and Roundtables•Represents a spectrum of interests, experience•Provides unrestricted input on material issues

Proposed Operating Model

Partner-ships

Contact centre

Canadian Centre for CSR

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• Set immediate priorities for key operational issues

• Outline the Centre’s long term funding model and processes

• Prioritize Roundtable issue topics

– Human rights, China, Junior Mining, Oil & Gas, Competitiveness, Benchmarking, Mapping, others

• Confirm pace of roll-out to other industries

• Outline a marketing and communications strategy

• Formalize partnerships

• Detail roadmap, function and reporting framework, including performance indicators

Priorities for the interim committee

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Current status of the Centre

• Interim Executive Committee dissolved

• Executive Committee established (members have terms ranging from 1 to 3 years)

• Sub Committees established:• Funding• Strategy & Governance• Content & Communication• Nominating

• Co-Chairs• Julie Gelfand, MAC (industry)• Ian Thomson, Kairos (Civil Society)

• Website (http://www.cim.org/csr/)

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CSR CFE Website

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Thank you for your attention

Questions?