Applications of Stakeholder Engagement and Eco-Efficiency as Enablers of Corporate Responsibility in the Australian Mining and Minerals Processing Industry

Author(s):  
Turlough F. Guerin
2010 ◽  
Vol 5 (2) ◽  
Author(s):  
Christine Batruch

Lundin Petroleum spent over twelve years exploring for oil in Sudan, Ethiopia, and in Kenya. During this period it was faced with an armed conflict in Sudan, the risk of rebel activity in Ethiopia, and tribal clashes in Kenya. This meant the company had to consider operations in remote countries not only from a geological and commercial perspective, but also to take into account ongoing conflicts. This required considering political issues and developing mechanisms to ensure the sustainability of its operations. To this end it developed a corporate responsibility framework which emphasized stakeholder engagement, seeing oil revenues as potentially acting as a catalyst for peace and development.


2012 ◽  
Vol 94 (887) ◽  
pp. 1047-1068 ◽  
Author(s):  
Barbara Dubach ◽  
Maria Teresa Machado

AbstractOver the past forty years, there has been a steady rise in the expectation for companies to operate as responsible citizens. Today companies have at their disposal a variety of initiatives, and new levels of accountability have been reached with the advancement of international standards on, among others, corporate responsibility to respect human rights. Against this background, this article provides an overview of the most important guiding tools available on this subject and on how to promote peace and stability when operating in conflict-affected or high-risk areas. The article argues that ongoing stakeholder engagement is a key success factor in meeting the responsibility to respect human rights and that it has to be an integral part of a company's strategy, especially when operating in conflict-affected countries.


Author(s):  
Alexandros G. Kostopoulos

The purpose of this chapter is to attempt a short but comprehensive record of the connection between sustainable development and stakeholders, to present the basic theoretical base on the topic, while describing fundamental principles of stakeholder management and means of relative engagement. The core assumption of this chapter is that corporate responsibility is perceived as the responsibility of an organisation to act in the interest of legitimate organizational stakeholders. Although stakeholder engagement is not a new concept, it is accepted as crucial to an organization's sustainability and success. For those reasons, the chapter focuses on the strategic approach of stakeholder management while describing briefly some important steps in implementing stakeholder engagement. The final section of the chapter focuses on the future of stakeholder engagement as well as on related risks that may arise for non-engagers.


2020 ◽  
Vol 157 ◽  
pp. 106582
Author(s):  
Thi Minh Khanh Le ◽  
Mikko Mäkelä ◽  
Nóra Schreithofer ◽  
Olli Dahl

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