The Human Rights Compliance Assessment is a diagnostic tool designed to promote corporate social responsibility by providing companies with useful information about how to avoid human rights violations in all aspects of their operations.
August 24, 2005
Integrating ESG, they launched their GSEES Index, to measure environmental and social performance, in February 2004. Index leaders have outperformed peers by 12% since then. Their new, expanded ESG Index measures overall management quality, and they incorporate it into a framework for sustainable investing in the energy sector. The ESG leaders also have the highest exposure to new legacy assets, which drive long-run returns and performance.
This paper examines the practical ways in which the oil and gas sector has been grappling with human rights in its day-to-day operations. In many cases a corporate human rights strategy involves gaining a greater awareness of the issue, creating policy, and implementing policy by folding it into practice areas such as employment practices, security management, and impact management, among others. The process, and this paper, commences with an attempt to define human rights, grounded in widely accepted international principles, and examines the connection between human rights and petrochemical corporations. An overview of risks to and opportunities for corporations is then presented.
This Practice Note, jointly developed by IFC and Newmont Ghana Gold Limited (NGGL), focuses on the early stages of the Ahafo Linkages Program (ALP) and aims to capture important early lessons that might otherwise have been lost.
This report seeks to put human faces on efforts on the company's responsibilities and their effort on working towards sustainable development — introducing you to some of the individuals who work to implement the progressive programs leading to sustainable development. They share the commitment and together they are working for a bright future for all their stakeholders.
Incentivising Local Economic Development in the Extractive Industries Sector through Transaction Chain Analysis (with case example from Timor-Leste)
From a public sector perspective, local content in the extractive industries sector can be viewed as a type of public good generated through ‘backward’ economic linkages. As such, the local content strategies of oil, gas and mining companies could better align with aspects of public economic policy and priorities for industrial development, private sector development, investment promotion and competitiveness.
This section assembles tools to assist in the planning, implementation, monitoring and evaluation of capacity development programs and projects. These tools are intended to help countries and country teams streamline tasks, utilize resources fully, maximize productivity and achieve national goals.
This is the complete set of health impact assessment (HIA) learning from practice bulletins and a workshop report describing how the workshops were run from the Health Development Agency. These bulletins provide practical recommendations for improving the application of HIA within specific topics, provide practical case study examples, and outline the importance of achieving such practice. The methodology used in this case to improve HIA practice would also be suitable for other impact assessment areas.
Guidance on Responsible Business in Conflict-Affected and High-Risk Areas: A Resource for Companies and Investors
“Guidance on Responsible Business in Conflict-Affected and High-risk Areas: A Resource for Companies and Investors” aims to assist companies in implementing responsible business practices in conflict-affected and high-risk areas consistent with the Global Compact Ten Principles. It seeks to provide a common reference point for constructive dialogue between companies and investors on what constitutes responsible business practices in difficult operating environments, though it does not provide guidance on investment practices of financial institutions.
The benefits and risks of extractive industries are often measured broadly at the community level, but fail to distinguish the impact on men and women. Evidence suggests that a gender bias exists in the distribution of risks and benefits in EI projects. The risks fall more heavily on women, while men tend to accrue more of the benefits. The development effectiveness and sustainability of EI projects could increase significantly by taking into account how gender bias issues affect the sector and how EI activities can benefit men and women more equally.