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Newswire on the IFIs
- What more evidence does the World Bank need that carbon markets are not working?
- At sustainability congress, dam builder bars civil society from dialogue
- Austerity a moral issue as it inflicts millions
- World Bank compliance arm assessing fresh complaint against Vizhinjam port
- With Inga dams, donors set to repeat past failures
- Bangladesh exposes flaws in World Bank's Doing Business Index
Corporate accountability
The Canadian Network on Corporate Accountability (CNCA) commends the Government of Canada for its ground-breaking consultation on Corporate Social Responsibility (CSR) and the Canadian extractive industry in developing countries. The process, which was led by a federal government Steering Committee, is an important step forward.
Curb mining abuses, say church leaders - Coalition urges binding legislation on human rights, environment
Art Babych, Anglican Journal - http://www.anglicanjournal.com/100/article/curb-mining-abuses-say-church...
May 30, 2007
Canada's reputation as a human rights leader is being damaged by environmental and human rights abuses of Canadian mining companies overseas, say church leaders and activists from the Philippines and South Africa.
"The Canadian government must enact binding legislation to ensure that Canadian mining companies adhere to internationally accepted human rights standards," said Bishop Sue Moxley, suffragan (assistant) bishop of the diocese of Nova Scotia and Prince Edward Island.
Report targets secrecy in foreign mine, oil operations
Canada should revamp everything from its pension plans to its securities regulations, says a groundbreaking joint report by Canadian industry leaders in the mining and oil sectors and environmental and human rights advocates.
The proposed changes aim to force more disclosure from companies and large investors on how they deal with environmental and rights issues.
The report also aims to bring further transparency to corporate governance issues, such as executive compensation and accounting practices.
The changes would position Canada as a world leader in the field of socially responsible investment, the report says.
Curb mining abuses, say church leaders - Coalition urges binding legislation on human rights, environment
Art Babych, Anglican Journal - http://www.anglicanjournal.com/100/article/curb-mining-abuses-say-church...
May 30, 2007
Canada's reputation as a human rights leader is being damaged by environmental and human rights abuses of Canadian mining companies overseas, say church leaders and activists from the Philippines and South Africa.
"The Canadian government must enact binding legislation to ensure that Canadian mining companies adhere to internationally accepted human rights standards," said Bishop Sue Moxley, suffragan (assistant) bishop of the diocese of Nova Scotia and Prince Edward Island.
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.
Canadian mining firms agree to clean up global act
Activists block the entrance to the Canadian embassy in Mexico City last month to protest against a mining project planned by Minera San Javier, a subsidiary of Canadian company Metallica Resources Inc. It wants to extract gold and silver in the Mexican state of San Luis Potosi, which protesters claim will damage the environment. The sign reads: Canada: Don't Pollute Mexico.
OTTAWA - In a move that could revolutionize global mining, Canadian mining representatives have struck an unprecedented accord with environmentalists and human-rights advocates on ways to ensure mining and oil companies act ethically in their overseas operations.
Canadian mining firms agree to clean up global act
Activists block the entrance to the Canadian embassy in Mexico City last month to protest against a mining project planned by Minera San Javier, a subsidiary of Canadian company Metallica Resources Inc. It wants to extract gold and silver in the Mexican state of San Luis Potosi, which protesters claim will damage the environment. The sign reads: Canada: Don't Pollute Mexico.
OTTAWA - In a move that could revolutionize global mining, Canadian mining representatives have struck an unprecedented accord with environmentalists and human-rights advocates on ways to ensure mining and oil companies act ethically in their overseas operations.
http://www.canada.com/montrealgazette/news/business/story.html?id=05cd5ae9-deb2-473b-91a8-e1ddea06cb47&k=32338
Canadian accord sets ethical mining norms
In a move that could revolutionize global mining, Canadian mining representatives have struck an unprecedented accord with environmentalists and human-rights advocates on ways to ensure mining and oil companies act ethically in their overseas operations.
The pact would create the world's first independent mining ombudsman and sketches out environmental and social standards for projects in the developing world, where standards are often lax or poorly enforced.
It also calls on government to withdraw services, such as diplomatic support and tax breaks, if companies fail to uphold those standards.
http://www.theglobeandmail.com/servlet/story/RTGAM.20070329.wcomment0329/BNStory/Business
Breaking new ground on corporate social responsibility
GERRY BARR and GORDON PEELING AND ROBERT WALKER
Special to Globe and Mail Update
FOR IMMEDIATE RELEASE
Groundbreaking Report on Mining, Oil and Gas Companies Released:
Civil Society and Industry Representatives Agree on Good Overseas Practices
Ottawa, March 29, 2007. Canada could become a world leader on Corporate Social Responsibility (CSR) if the federal government and other stakeholders accept and act on the recommendations of a groundbreaking report released today.
The report comes out of a ten month government-led roundtable process that included representatives from civil society organizations, industry, academia, labour, 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.
The Advisory Group report lays out recommendations for a CSR framework of good conduct for Canadian mining, oil and gas companies operating abroad.
