Press Responses: March 30, 2007

http://www.resourceinvestor.com/pebble.asp?relid=30424

Report aims to make Canada global leader of overseas practices

According to a report, Canada could become a global leader of good overseas practices if it follows the recommendations of the Corporate Social Responsibility Advisory Group.

“There have been growing concerns about the environmental, social and human rights impact of Canadian extractive companies operating in the developing world. The Advisory Group has worked together to develop an effective framework for addressing these issues, achieving an important consensus from industry and civil society representatives,” says Gerry Barr, President and CEO of the Canadian Council for International Cooperation. “We now urge the government to act upon our recommendations.”

The report is based on a ten-month government investigation that included representatives from civil society organizations, industry, academia, labor, and socially responsible investors acting as an Advisory Group, as well as representatives from communities affected by Canadian mining, oil and gas operations in the developing world.