Academic literature on the topic 'CSR, Diamonds, Sustainability, Mining'
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Journal articles on the topic "CSR, Diamonds, Sustainability, Mining"
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Diaz-Becerra, Oscar Alfredo, Claudia Leon-Chavarri, and Brenda Gabriela Ampuero-Alfaro. "An analysis of the content and quality of corporate sustainability reports according to GRI standards in peruvian mining companies supervised by the SMV in 2018: deficiencies and opportunities." Revista Contemporânea de Contabilidade 18, no. 47 (April 30, 2021): 140–54. http://dx.doi.org/10.5007/2175-8069.2021.e77331.
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Corporate sustainability has become a distinctive factor of global leaders, who communicate sustainable development actions using corporate sustainability reports (CSR) in accordance with international reporting standards such as GRI. In Latin America there is a high variability in their adoption and the Peruvian mining sector has been facing credibility problems due to the incidence of socio-environmental conflicts in its projects, despite its recent consistency in the presentation of CSR. A statistical analysis of a sample of mining companies that submitted their CSR to the SMV in 2018 showed that half of them complied with presenting CSR; nonetheless, GRI principles are not strictly followed. Reports stress the social pillar over the environmental and economic ones; with an imbalance between positive, neutral and negative actions; and do not present their sources to make data auditable. An opportunity is presented for the creation of a specialized area in the SMV to review CSR.
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Resnawaty, Risna. "Empowered Community vs Dependent Community: Corporate Social Responsibility (CSR) Implications by Mining Companies in South Sumatra Province." Mediterranean Journal of Social Sciences 8, no. 5-1 (July 1, 2017): 69–78. http://dx.doi.org/10.2478/mjss-2018-0098.
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Abstract Mining business actors have an obligation to maintain the sustainability of the surrounding environment, both in the physical and the social environment. Coal mining extraction activities are closely related to the exploration and exploitation of natural resources. This activity is in contact with the interests of the surrounding community, in particular with the negative impact caused. Mining companies in Indonesia are bound by the Mineral and Coal Mining Act no. 4 of 2009 to carry out community development and empowerment. Under the law, the companies are required to implement Corporate Social Responsibility (CSR). Through the implementation of CSR is expected the company can provide a positive change for the survival of communities around the mining area. PT BARA is one of mining companies that had been implementing CSR since 1983. As a state-owned company PT. BARA has various binding regulations in the implementation of CSR. The regulation comes from the central government as well as the local government in which PT. BARA does its mining business. Every year PT BARA releases an enormous amount of CSR funds, but the surrounding community is still in a state of poverty. It turns out that the problem does not stop on poverty at all. The community becomes very dependent on the company's assistance. The purpose of the CSR program is to develop and empower the community has not been able to achieve the goal. This dependence is caused by various reasons such as CSR policies of companies as well as government and CSR implementation on society.
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Singal, Ajay K. "CSR Initiatives and Practices: Empirical Evidence From Indian Metal and Mining Companies." SAGE Open 11, no. 3 (July 2021): 215824402110326. http://dx.doi.org/10.1177/21582440211032674.
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This study investigates the corporate social responsibility (CSR) discourse on community and environment by Indian metal and mining (extractive) sector. Specifically, we examine the change in internal governance and external implementation mechanisms in response to affirmative CSR policy actions. Applying text network analysis technique on CSR related expenditures provided in the annual reports and CSR annexures (2014–2018), our study reveals that CSR discourse of extractive firms improved significantly and became more focused after the introduction of post-affirmative policy. CSR initiatives in the extractive sector are primarily focused toward local social development, with little emphasis on the environmental sustainability. Furthermore, companies have adopted two-tier governance structures for managing CSR. The top tier comprises board members who formulate the CSR programs, while the second tier has executives responsible for the implementation. Another tier of governance involving local domain experts is emerging. The three-tier implementation mechanisms give firms a tighter control on spending and enhance the effectiveness of initiatives. We present the results visually in the form of network graphs.
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Setiawan, Temy, Nicholas Jonathan, and Kurniawati Kurniawati. "INDICATOR DEVELOPMENT AND QUALITY OF CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE FOR THE MINING INDUSTRY IN INDONESIA (Qualitative Study During Observation Period 2017-2019)." Media Riset Akuntansi, Auditing & Informasi 22, no. 2 (November 11, 2022): 285–300. http://dx.doi.org/10.25105/mraai.v22i2.12491.
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Disclosure of corporate social responsibility (CSR) is increasing in urgency because demands for legitimacy are increasing. Companies can disclose their CSR through annual reports or sustainability reports. This study aims to provide information on how many companies have disclosed CSR in their sustainability reports, the average extent of disclosure in annual reports and sustainability reports, which indicators are predominantly disclosed and which disclosures are limited. This research is a descriptive qualitative study using secondary data taken from the website company's official in the form of an annual report and a sustainability report and then analyzed by reference to the GRI-G4 and/ or GRI-standards using quantitative and qualitative content analysis techniques. The result of the research is that the company disclosure of CSR using sustainability reports is only 20%; and the rest is still in the annual report. General indicators disclosed based on GRI-G4 and GRI-standard are positive and non-monetary disclosures, especially on sensitive indicators because they are private to the company. This study also provides a qualitative measurement (measurement of variety) of CSR disclosure involving tables/ photos/ diagrams in addition to general narrative disclosures in quantitative content analysis techniques as a new measurement nowadays. Keywords: GRI-Standard; GRI-G4; CSR disclosure, a qualitative content analysis technique
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Candra Puspita Ningtyas, Makmur Kambolong, and Munawir Makmur. "IMPLEMENTASI CORPORATE SOCIAL RESPONSIBILITY STUDI PADA PT. ANEKA TAMBANG Tbk. UBPN SULAWESI TENGGARA." Journal Publicuho 5, no. 4 (November 28, 2022): 1091–112. http://dx.doi.org/10.35817/publicuho.v5i4.50.
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Corporate Social Responsibility (CSR) is very important for companies, especially by companies whose operational activities have an impact on the community and the surrounding environment. Especially mining companies are important to carry out CSR programs. CSR implementation is carried out as a form of corporate social responsibility. This research provides an overview of the implementation of Corporate Social Responsibility (CSR) implemented by PT.Antam, Tbk. Explained in the study of literature from the economic , social, and environmental aspects. The realization of CSR in the economic aspect is realized by PT. Antam, Tbk by contributing to the community and the Government which aims to increase the economic independence of sustainability and prosperity and contribute to the Government through the payment of non-tax state revenues (PNBP), taxes, and royalties amounting to Rp758.81 billion. Efforts to combat poverty in the Company's operational areas are realized in the Partnership Program in the form of capital assistance to foster partners. Enviromental aspects by ANTAM implements Good Mining Practice covering aspects healthy and work safety, environment responsibility, community development, post mining plan. CSR Antam is important because in addition to building a positive image by company for the welfare of the community so that there is a harmonious relationship between the company and the community as part of the stakeholder.
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Davianti, Arthik, and Octasari Anggi Putri. "GRI 306 (2016): Praktik Pengungkapan Pengelolaan Limbah Pada Industri Tambang Sektor Logam dan Mineral." Owner 6, no. 2 (March 29, 2022): 1586–96. http://dx.doi.org/10.33395/owner.v6i2.796.
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This research aim of learning about the disclosures made in the sustainability report based on GRI standards on the company’s CSR activities that focus on waste management. Case occur as a result of inappropriate waste management, especially in the mining industry which has a negative impact on society and the environment. This makes waste management practices as the company's focus related to CSR activities disclosed through sustainability reports according to GRI standards interesting to study. This research applies a qualitative approach using content analysis techniques that focus on the subject and context classified through keywords known as disclosure groups. This study focuses on the metal and mineral sector mining industry listed on the Indonesian stock exchange, especially companies that publish sustainability reports according to GRI standards for the 2018-2020 period. The results of this research are in line with the stakeholder’s theory with show indicate that based on the disclosure group, most of the observed companies have implemented waste management and have made CSR disclosures according to the GRI 306:2016 standards,as a form of corporate responsibility. In conclusion, companies that published sustainability reports based on the GRI standards presented the reports that were complete, informative, and comprable. Accordingly, companies can increase the disclosure of CSR activities especially in term of waste management, to meet the needs of stakeholders.
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Mganda, Veri. "CHALLENGES ON THE PRACTICES OF CORPORATE SOCIAL RESPONSIBILITY IN THE MINING SECTOR IN TANZANIA: THE CASE STUDY OF BULYANHULU AND GEITA GOLD MINE." Business Education Journal 2, no. 1 (October 25, 2016): 1–14. http://dx.doi.org/10.54156/cbe.bej.2.1.84.
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Corporate Social Responsibility (CSR) is important and strategic businesses practice which is not only beneficial to the community, corporate shareholders and other stakeholders but also to corporate sustainability. Corporate Social Responsibility in the mining sector calls for an inclusion of social and environmental issues while pursuing economic prosperity of that particular country. For a country endowed with minerals like Tanzania, stringent regulations are needed. Incompetence of the managerial practice to implement CSR in their on-going operations, international capital and global companies have been identified as major causes for environmental pollution and growing environmental activism. There is a wide criticism among stakeholders in the sector demanding to develop plans and establish a clear strategy so as to reverse the current practices where CSR is simply being applied as a branding and marketing strategy by these companies. The literature review especially on the mining sector hardly revealed any impressive implementation and compliance requirements for CSR, particularly from environmental perspective for the best of national interests. Therefore this study examines the challenges in the practices for CSR from the environmental perspective in the mining sector in Tanzania. The methodology used in the study is meta-analysis in which various studies on CSR implementation have been reviewed. The findings on the ground indicate that there are serious challenges to comply with CSR in protecting the environment. Conclusions drawn have relevance for the real life systems and academia, particularly on integrating responsible leadership and ethical thinking in business curricular
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Sharma, Anuj, Kapil Kaushik, Prakash Awasthy, and Abhishek Gawande. "Leveraging Text Mining for Trend Analysis and Comparison of Sustainability Reports: Evidence from Fortune 500 Companies." American Business Review 25, no. 2 (November 16, 2022): 416–38. http://dx.doi.org/10.37625/abr.25.2.416-438.
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In the recent upsurge in environmental concerns, business sustainability has become more prominent than ever. Organizations worldwide are expected to function sustainably, causing the least negative impact on the environment and promoting harmony among the firm, environment, and society. Most firms report their actions related to sustainability in corporate social responsibility (CSR) reports. This research aims to understand and analyze contemporary trends in CSR reports by Fortune 500 companies using text mining. It compares how the focus of sustainability reports varies across countries and industries along key dimensions of sustainability (i.e., environmental, economic, social, and government). Findings from the study suggest variations in the focus of sustainability reports based on various factors, such as country of origin and company size, sector, and tenure, on the Fortune 500 list. Thus, it helps to gain a deeper understanding of the company’s motivations for focusing on various dimensions of corporate sustainability.
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Olanipekun, Ayokunle Olubunmi, Olalekan Shamsideen Oshodi, Amos Darko, and Temitope Omotayo. "The state of corporate social responsibility practice in the construction sector." Smart and Sustainable Built Environment 9, no. 2 (December 11, 2019): 91–111. http://dx.doi.org/10.1108/sasbe-11-2018-0056.
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Purpose The development of corporate social responsibility (CSR) in the construction sector is slow, thereby leaving many opportunities for further development. To enable operators in the construction sector to effectively capitalise on the opportunities to promote the development of CSR in the sector, this study employs the practice viewpoint to take the stock of CSR activities in the sector. The purpose of this paper is to reveal the state of CSR practice in the construction sector. The study also draws from the development of CSR in the manufacturing, mining and banking sectors to inform the state of CSR practice in the construction sector. Design/methodology/approach This study carries out a systematic literature review of 56 journal publications that were published between the year 2000 and 2016. The deductive coding of the publications was done to identify four themes of CSR research that constitute the practice view of the state of CSR in the construction sector. Findings The implementation of CSR is the major emphasis in the state of CSR practice in the construction sector. The implementation of CSR is wrapped in the perception of operators about CSR potentials, dimensions of CSR implemented, strategies for implementation and the effects of the implemented CSR practices on performance. The sector characteristics and organisational structure are attributes for comparing the CSR practices between the construction sector and the manufacturing, mining and banking sectors. Originality/value This study provides a researchers’ view of the state of CSR in the construction sector. Additionally, the study draws from the development of CSR in the manufacturing, mining and banking sectors to inform the state of CSR practice in the construction sector.
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Zainuddin Rela, Iskandar, Abd Hair Awang, Zaimah Ramli, Yani Taufik, Sarmila Md Sum, and Mahazan Muhammad. "Effect of Corporate Social Responsibility on Community Resilience: Empirical Evidence in the Nickel Mining Industry in Southeast Sulawesi, Indonesia." Sustainability 12, no. 4 (February 13, 2020): 1395. http://dx.doi.org/10.3390/su12041395.
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Mining is an important industry in Indonesia. A nickel mining company has operated for almost 45 years. It has managed corporate social responsibility (CSR) programmes in the neighbouring local community. In addition to the environmental conservation and mitigation, as well as socioeconomic enhancement, the CSR is expected to nurture resilience in the local communities. This study’s goal is to examine the effect of CSR on community resilience (COM-R) in the surrounding community. To analyse the effect of CSR practise on COM-R, Partial Least Squares -Structural Equation Model (PLS-SEM) is used. Results show that CSR has a positive effect on and a significant relationship with COM-R. Results also indicate that CSR’s contribution to COM-R enhances community collective efficacy, community action, and adaptation. Thus, the verified CSR and COM-R model benefits other researchers, companies, and governments to be further explored.
Dissertations / Theses on the topic "CSR, Diamonds, Sustainability, Mining"
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BARTOSIAK, MICHAL ARKADIUSZ. "Corporate Social Responsibility in Global Diamond Markets." Doctoral thesis, Università degli Studi di Milano-Bicocca, 2016. http://hdl.handle.net/10281/131543.
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Sustainable development, broadly explained, encompasses firms’ desire to simultaneously sustain, enhance and promote environmental, societal and economic dimensions of corporate workability. In practice, however, striving towards sustainability in all these areas may trigger conflicts, mismanagements, wrong evaluations or even bad investments, making the corporate stability shatter. Generally speaking, SD is by its very nature a ‘corporate-centric’ concept in the sense that it deals with how firms interact with stakeholders in order to secure important resources provided by them and to them. In other words, SD is seen more as a tool rather then as an end state. In fact, corporations are still being accused of perusing the issue of sustainability with unclear strategies and rather opportunistic behavior, often in concordance with political agenda. The first premise for this study is that although companies are accustomed to setting up compliance mechanisms in relation to a whole raft of regulatory requirements, there are aspects of CSR that still lack a compliance framework. This regulatory function was assumed by voluntary codes of conduct, measured by inter-corporate evaluations and reported by non-financial disclosures. According to Frankental, ‘an indicator of the real value that companies attach to CSR is where they locate this function within the organizational structure’.
A second premise for this dissertation is that regulatory tools should be constantly redefined to serve changing needs of the society and the sector. In order to capture this dynamicity, some organizations started applying algorithmic principles to make constant adjustments to their business models, strategies and structures, bringing together capabilities and assets to create advantageous positions. From CSR perspective, it entails deploying a nested set of strategic processes, to which the organization gives more visibility and transparency, engaging, for example, NGO’s into social/environmental investments’ evaluation. Consequently, we postulate that building organizational capacity to invest the time and the energy to explore sustainability trends and emerging issues may anticipate future expectations and, at the business level, move CSR from reactive to a proactive dimension.
A third premise for this dissertation is that defining the value proposition for stakeholders is a starting point for the organizations’ value creation architecture and the very first step in creating complex exchange relations with actors operating along the supply chain. Generally, the complexity of these relations stands in the network component, strategic alliance system, new ethical investments’ patterns as also in the product stewardship concept. On the flipside, the overly frequent use of mediated power, excessive information asymmetries and lack of transparency may damage normative commitment between the parties and cause increased channel conflict with immediate negative effects on the value creation process.
The study contributes to the understanding of the Corporate Social Responsibility in the diamond mining industry in multiple ways. First, it provides an interesting insight into the industry, which till the late 60’s had been forcefully driven by one-supplier choices, de-legitimizing efforts of smaller producers. Secondly, it provides in-depth empirical evidence of the current implementation status of CSR, highlighting the problem of poor reporting practices and historically ‘defensive’ character of its communication patterns. Thirdly, with means of a new conceptual framework (Pro-Active CSR Model), calls the businesses to provide extensive commitments to CSR, recognizing its competitive dimension and its role as a differentiation factor. Finally, with means of quantitative analysis we verify if the ethical investments’ optimization policies change in hypothesis of booming earnings and substantial growth.
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Stewart, Alyssa Mining UNSW. "An investigation of sustainability reporting by companies in the Australian coal mining industry to public & regulatory audiences." Awarded by:University of New South Wales. Mining, 2006. http://handle.unsw.edu.au/1959.4/24850.
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In the lead-up to the Johannesburg World Summit on Sustainable Development in 2002, several documents were published by the mining industry declaring the important role that public sustainability reporting had to play in driving sustainable development and pointing to the Global Reporting Initiative???s (GRI) 2002 Sustainability Reporting Guidelines as a suitable vehicle for this. With the aim of finding ways to improve the quantity and quality of public sustainability reporting within the Australian coal mining industry, this study set out to investigate the current sustainability reporting practices of companies involved in the industry. A survey was conducted of the public financial and non-financial reporting practices of all companies with a significant interest in a New South Wales or Queensland coal mine. Three survey cycles were completed covering the 2001, 2002 and 2003 calendar years and the 2001/02, 2002/03 and 2003/04 financial years. The reporting practices were determined both in terms of frequency of report production and contents of reports. A GRI-based content analysis tool was used to measure the amount of sustainability information contained in the company reports. It was found that only around a quarter of companies produced a nonfinancial report and that almost half did not produce any public reports, with the number of unlisted companies publicly reporting particularly low. Whilst a wide range of reporting practices were observed with regard to content, the frequency of Economic, Environmental and Social Performance Indicators in reports was generally found to be low. An investigation of the regulatory reporting requirements on companies was then conducted to determine what sustainability information companies could report with data that they already had at hand. The same GRI-based content analysis tool was used to analyse a variety of regulatory documents. It was found that companies did not publicly disclose a significant amount of the environmental data that they are required to report to regulators. The study also evaluated the reporting capacity of non-reporters and found that, with the exception of Governance Structure and Management Systems elements, large unlisted companies had similar regulatory reporting requirements to listed companies. However, smaller unlisted companies had fewer requirements to report Profile and Economic elements. Finally, the influences of company ownership structure, non-financial reporting status, industrial sector, nationality and participation in voluntary initiatives on sustainability reporting practices were investigated. It was concluded that in order for public sustainability reporting to be a useful tool in driving sustainable development, focus needed to shift from ???best practice??? to ???common practice??? so that a critical mass of reporters is amassed to allow benchmarking of performance.
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Ama-Njoku, Ada. "The disparity in compliance with sustainability policies: the mining industry and the financial industry in South Africa." Thesis, University of Western Cape, 2012. http://hdl.handle.net/11394/3295.
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"CSR, MINING, AND SUSTAINABILITY IN THE CIRCUMPOLAR NORTH: THE ROLE OF GOVERNMENT IN THE IMPLEMENTATION OF CORPORATE SOCIAL RESPONSIBILITY." Thesis, 2015. http://hdl.handle.net/10388/ETD-2015-11-2322.
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As part of the broader Arctic Urban Sustainability project which is examining sustainable development in the Circumpolar North, this thesis was intended to explore the role of corporate social responsibility in mining as a contributing factor to sustainable development. This was done through the examination of two northern case studies: Cameco Corporation’s uranium mining operations located in the Northern Administration District of the central Canadian province of Saskatchewan, and Northern Iron’s iron mining operation located near the town of Kirkenes along the northeastern border of Norrbotten in Norway.
The methodology utilized in this case study was Leslie Pal’s public policy framework which asserts that public policy statements consist of four components: the definition of the policy problem, formulation of policy goals, and the use of specific policy instruments, followed by policy evaluation. This methodology was used to frame the corporate social responsibility (CSR) policies of Cameco and Northern Iron. Data was gathered from a variety of sources including interviews, policy documents, and academic research.
Within the literature CSR is primarily understood as a voluntary action undertaken by companies for a variety of reasons ranging widely from effective corporate leadership within the company to greenwashing of the company’s image. The results of this research suggest that the role of the state in the initiation and implementation of CSR is of much greater importance than is predominantly recognized within the literature. This thesis argues that legal requirements instituted by government have the potential to lead to the initiation and implementation of CSR practices by mining companies.
In the case of Cameco the Mine Surface Lease Agreements agreed to by the company and the provincial government provided motivation for the company to develop and implement their world-renowned CSR practises, which in turn led to a number of benefits for the company and surrounding communities. In the case of Northern Iron’s operations in Kirkenes, working hour requirements instituted by the Norwegian Government contributed to significantly higher levels of local employment in the region. These findings are important because they demonstrate that government may have a greater role to play in encouraging companies to initiate and implement CSR policies which contribute to improved socioeconomic outcomes for northern communities.
Book chapters on the topic "CSR, Diamonds, Sustainability, Mining"
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Flôres, Renato G. "A Sustainable CSR Instrument for the Brazilian Mining Sector." In CSR, Sustainability, Ethics & Governance, 347–66. Cham: Springer International Publishing, 2018. http://dx.doi.org/10.1007/978-3-319-90605-8_17.
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Amoah, Prince, and Gabriel Eweje. "CSR and Environmental Sustainability Implementation in Mining." In Business and Sustainable Development in Africa, 158–78. London: Routledge, 2022. http://dx.doi.org/10.4324/9781003038078-9.
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Amponsah-Tawiah, Kwesi, and Francis Xavier Dery Tuokuu. "Effects of Dwindling Gold Prices on Corporate Social Responsibility (CSR) Performance in Ghana’s Mining Sector." In CSR, Sustainability, Ethics & Governance, 229–46. Cham: Springer International Publishing, 2017. http://dx.doi.org/10.1007/978-3-319-52839-7_12.
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Phiri, Obby, and Elisavet Mantzari. "CSR Disclosure Practices in the Zambia Mining Industry." In Sustainability and Social Responsibility: Regulation and Reporting, 471–504. Singapore: Springer Singapore, 2017. http://dx.doi.org/10.1007/978-981-10-4502-8_20.
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Dartey-Baah, Kwasi, Kwesi Amponsah-Tawiah, and Yaw A. Debrah. "The Extent of CSR and Sustainability in the Ghanaian Mining Sector." In Corporate Social Responsibility (CSR) Practices, 57–84. Boca Raton: Apple Academic Press, 2021. http://dx.doi.org/10.1201/9781003146414-4.
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Yap, Nonita T., and Kerry E. Ground. "Socially Responsible Mining Corporations." In Comparative Perspectives on Global Corporate Social Responsibility, 185–207. IGI Global, 2017. http://dx.doi.org/10.4018/978-1-5225-0720-8.ch009.
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Mining is impact intensive regardless of commodity and scale. A socially responsible mining company, at a minimum, does not knowingly irreparably harm the community's ability to sustain itself after the mine closes. This chapter examines the mining sector in the Philippines: the public concerns, CSR responses and the challenges mining companies face in the country. Information was gathered through a review of academic and grey literature, key informant interviews and content analysis of Sustainability / CSR Reports. Many of the companies invest in the community as well as minimise their environmental impacts. A few invest in the community but appear to ignore people's right to a healthy environment. The chapter argues that mining can become an instrument for inclusive growth in the Philippines only if there is social peace, and that a streamlined and transparent mining policy regime, equitable benefits sharing and demilitarisation of mining areas will help bring this about.
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Sarkar, A. N. "Review of Strategic Policy Framework for Re-Evaluating ‘CSR’ Programme Impacts on the Mining-Affected Areas in India." In International Business, Sustainability and Corporate Social Responsibility, 217–61. Emerald Group Publishing Limited, 2013. http://dx.doi.org/10.1108/s2051-5030(2013)0000011013.
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Pawar, V. P., Bhagyashree Kunte, and Srinivas Tumuluri. "Great Thought—Difficult for Business." In Indian Business Case Studies Volume II, 43—C5.P44. Oxford University PressOxford, 2022. http://dx.doi.org/10.1093/oso/9780192869388.003.0005.
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Abstract People watch the actions of leaders, and it resonates, says Mr Albanese, the soft-spoken former top gun at the $47.7 billion mining giant Rio Tinto, who completes one year as CEO of Vedanta group an Indian conglomerate in mining sector. In the implementation and measurement of corporate sustainability the ‘Tone from the Top’ is critical, especially while attempting to usher in a fundamental change in the corporate culture of a company, which is perhaps the most reviled in global attempts to manage for sustainability. Over the years, Vedanta has been mauled by civil society campaigns over its human rights record, in India and elsewhere, and has also incurred the wrath of large global investors. According to Albanese, who has issued notes to key levels of management that his two ‘no-compromise positions are safety and integrity’ even as he looks deeper in to the tenets of responsible mining and sustainable development at Vedanta Group. Senior management at Vedanta also recognizes that Vedanta’s social license to operate has been frayed and that it is about time to retrieve the situation. ‘We have been unable to operate at our full capacities,’ says Albanese, underlining the need to regain trust and the societal license. There is indeed a strong business case to be responsible. Corporate Social Responsibility (CSR) measures are certainly welcome, but it can only be a small component of an overall approach. While Albanese is deeply appreciative of Vedanta’s CSR programmes, he is clearly uncomfortable with the charity of approach; the idea of creating a ‘dependency relationship’ between a company and communities.