Reporting climate risks will become routine. Reporting climate risks means to publish what risks businesses face from climate change. Climate risk reporting may remain voluntary, an act linked to CSR (Corporate social responsibility) fostering SLO (Social License to Operate). However, the future may also go in the direction of compulsory reporting, perhaps as part of a document similar to NI43-101 or ad hoc documentation. Britain is the first G7 country to sign into law a requirement to reach net zero…
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At Riskope we champion the idea that Risk assessment, Social License to Operate (SLO) and Corporate Social Responsibility (CSR) are strongly intertwined. It is part of our silo-breaking philosophy. Riskope’s builds risk assessments considering multidimensional consequences. These include “people” consequences, such as loss of quality of life. At the end of the day SLO and CSR are supported by enhanced transparency, clearer vision and distance themselves from a mere PR act, as people will identify more with the prospective realities.…
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Johari window application in risk management is an exploration of possible corporate application of a therapeutic tool. The psychologists Joseph Luft and Harrington Ingham developed the tool back in 1955. The Johari window became world-renown when US Secretary of Defence Rumsfeld quoted parts of it. You probably remember the known unknowns and the unknowns you do not know you don’t know in an “intelligence” talk. The Johari window and its original meaning The Johari window is a four squares graph…
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We recently read about geoethics of fracking and oil in IAPG – International Association for Promoting Geoethics (http://www.geoethics.org) Stephen Crittenden, the author of the paper, brilliantly explains “bad practices” in geoethics of fracking and oil. These strike stunning similarities with ethical issues in mining, a topic we are very familiar with. Indeed we have written over 20 papers in the last 10 years on that subject. We will discuss here geoethics of fracking and oil, bad practices and their similarities with…
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Major mining corporation hacked and their confidential information made public The Major Mining Corporation Hacked scenario we had predicted and explained has occurred. Indeed last week Goldcorp’s (TSX:G) payroll, trade secrets, and other intimate information leaked on a torrent free for anyone to download. Last year a cyber attack significantly damaged a German steel mill. Especially with the advent of IoT (Internet of Things) cyber attacks have the ability to generate multi-faceted consequences on interdependent systems. These were physical for…
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