CANADAS CSR POLICY: 3rd STAKEHOLDER MEETING ON THE CSR CENTRE OF EXCELLENCE Following successful Stakeholder Meetings for the CSR Centre of Excellence in July and August, FAITC will be co-hosting a thirdStakeholder Meeting with the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) in Calgary on November 10th. The meeting will also be broadcasted in Montreal, Toronto and Vancouver, involving break-out sessions in each city. Representatives from industry, civil society, academia, indigenous communities, private consulting firms and government are welcome to attend. The CSR Centre of Excellence is one of four pillars of Canadas new CSR policy, Building the Canadian Advantage. For more information, please visit www.csr.gc.ca. If you wish to participate in this event, please contact Anne Brunet (CIM) or FAITCs CSR Team.
CIDA SUPPORTS HOST-COUNTRY CAPACITY-BUILDING IN BOLIVIA In order to ensure that Bolivia benefits economically from its resources, the Canadian International Development Agency (CIDA) has provided technical assistance to the Bolivian government to develop royalty and tax collection processes for its hydrocarbon sector. With $8M in support from CIDA, the Bolivia Hydrocarbon Regulatory Assistance Project (2003-2012) allowed Bolivia to increase its hydrocarbon revenues from $546M (US) to $2B by 2008. These taxes and royalties are now being channeled to a wide range of governmental, educational, indigenous and social programs throughout the country. For more information, please visit the following link.
INVITATION: OECD CONSULTATION WITH MINING INDUSTRY - On December 8th, the Organisation for Economic Co-operation and Developments (OECD) Investment Committee will host a consultation with mining companies from around the world, in order to receive input on the development of due diligence standards. The consultations will be held in Paris, France, in conjunction with the inaugural meeting of the OECD Working Group on Due Diligence in the Mining Sector. The due diligence standards will offer guidance to Canadian mining companies, especially when operating in situations of conflict and weak governance. FAITC will be attending both events. For Canadian companies interested in attending the consultation and/or contributing to the Working Group, please contact Tyler Gillard at the OECD Secretariat
GOVERNMENT OF CANADA SUPPORTS DR. RUGGIES MANDATE In order to promote CSR both at home and abroad, the Government of Canada has dedicated over $100,000 this fiscal year towards the mandate of Dr. John Ruggie, Special Representative of the UN Secretary-General on Business and Human Rights. For one of his many ongoing projects, Dr. Ruggie has engaged leading corporate law firms to identify how national corporate law fosters respect for human rights in corporate culture. This September, Ruggie published findings on Canadas corporate law tools, as one of 42 expected national reports, analyzing Canadas legal landscape, regulatory regime, reporting obligations and stakeholder engagement in relation to human rights. To read Canadas corporate law report, please visit the following link.
EXPORT DEVELOPMENT CANADA (EDC) PARTICIPATES IN IFC PERFORMANCE STANDARD REVIEW On September 8th, the International Financial Corporation (IFC) announced a review of its 2006 Policy and Performance Standards on Social and Environmental Sustainability (IFC PS), which are part of the IFCs commitment to environmental management and social development. The review process will ensure that these standards reflect lessons learned over the last three years of implementation, as well as evolutions in the global environment. As a Crown Corporation, EDC has been actively involved in the review process, participating in discussions with the IFCs Policy Review Team in order to share Canadas experiences with the IFC PS and provide recommendations. An updated version of the IFC Performance Standards is expected to be released by January 2011. For more information, visit www.ifc.org/policyreview.
INDUSTRY CANADA (IC) PUBLISHES SME SUSTAINABILITY ROADMAP In an effort to broaden the use of CSR management tools and applications, IC has published a Small and Medium-sized Enterprise (SME) Sustainability Roadmap, which contains a step-by-step guide of tips, tools and case studies help SMEs integrate sustainable practices into their operations. The Roadmap addresses a wide range of CSR-related business practices, from business planning, purchasing and product development to resource use, waste management and reporting. It also promotes the business case for sustainable programs and initiatives. To view the SME Sustainability Roadmap, please visit the following link.
FAITC PARTICIPATES IN CSR AND RISK MITIGATION SEMINAR On October 22, FAITC partnered with Mine Africa, the Canada-South Africa Chamber of Business and other CSR stakeholders to deliver a seminar entitled Risk Mitigation & CSR in Africa: Striking a Balance. Held in Toronto, the seminar featured a variety of speakers from industry, civil society and the legal and consultative sectors. The Africa Commercial Relations Division and the Trade Commissioner Service Support Division were in attendance and spoke to Canadas ongoing efforts to promote CSR to clients and engage with host governments, communities, civil society and other stakeholders at home and abroad. To access presentations offered during the seminar, please visit the following link.