PUBLIC TALK: Social Performance in the Extractive Sector
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The 2016 Rio Tinto Lecture by Adjunct Professor Bruce Harvey BSc(Hons), MBA, MAusIMM, Sustainable Minerals Institute, The University of Queensland, and Director of 'resolution88’.
Social Performance considerations in the extractive sector include securing social consent to access natural resources, land and waters, establishing socioeconomic stability during development and operations and ensuring orderly exit strategies that leave behind a positive legacy.
Social Performance done well aligns project and operational goals with host region economic and social development aspirations to the mutual advantage of business and host communities. This lecture will address the emerging discipline of Social Performance in the extractive sector, and how it differs from and is complemented by External Affairs.
This lecture will consider the social performance expectations necessary to secure World Bank and Equator Bank financing in developing regions. It will also address the pros and cons of regulatory Social Impact Assessments as practiced in OECD nations, and the customised socioeconomic and cultural participation that can be achieved under common law agreements with land connected peoples in places like Australia, New Zealand and Canada.
This lecture is part of the Rio Tinto – UWA Education Partnership and is sponsored by Rio Tinto, the UWA Faculty of Science and the UWA Institute of Advanced Studies.
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