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“We have to protect the investors”

“We have to protect the investors” Guatemala’s President Berger, to justify an intervention by the military to a blockade of opponents to the Glamis gold mine. “Historically, progress associated with [CSR] has been driven […] by state regulation”

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“We have to protect the investors”

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  1. “We have to protect the investors” Guatemala’s President Berger, to justify an intervention by the military to a blockade of opponents to the Glamis gold mine. “Historically, progress associated with [CSR] has been driven […] by state regulation” Peter Utting, Business Responsibility for Sustainable Development

  2. What is meant by CSR?The birth of a concept… • Recognition by business of a role to play • include social and environmental concerns into business operations • engaging with stakeholders, communities • ongoing • voluntary

  3. CSR – the pretty version

  4. CSR – the (not so) pretty version • Profit-centered • Reactive • Myriad • Voluntary • Compliance? CPR Time to call the (spin) doctor

  5. Putting the “R” back in CSR • Independent info • Alternatives • Mitigation • Monitoring • Remediation • Inform • Consult • Decide • Share • Comply

  6. Challenges, and how we get there • Rethinking corporate, consumer culture • Corporate accountability as a competitive edge • Improve and focus existing measures – “voluntarism with teeth” • State (and International) regulation • Build internal capacity in countries

  7. Contact details Fraser Reilly-King Coordinator, Halifax Initiative Coalition 153 Chapel Street, Ottawa, ON K1N 1H4 Tel: (613) 789-4447 freillyking@halifaxinitiative.org http://www.halifaxinitiative.org

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