transforming investment in sustainability into shareholder value
“Without sound investment in social considerations, money spent on world class technical expertise can be money down the drain” Wayne Dunn.
There are numerous examples, like Tambo Grande in Peru and Rosia Montana in Romania, where it is social, not technical, issues that have derailed or delayed an entire project.
Companies unable to demonstrate how they plan to create value and benefits for local communities will find their operations experiencing blockages, delays and increasing costs and complexity.
A Corporate Social Responsibility (CSR) plan is a necessity for mitigating this risk and delivering long-term value to shareholders by:
- attracting development partners and investment from donor countries and multi-lateral agencies
- giving you reputational capital to cushion you in a crisis
- extending stakeholder collaboration beyond your immediate network (eg health, education, rural development)
- enhancing your international network and profile with environmental organizations and agencies like the World Bank and United Nations.