Anticipating Objections to risk assessments is paramount to foster social licence to operate (SLO) and corporate social responsibility (CSR). The first step is to avoid any suspicion of conflict of interest. Indeed, risk assessments should be performed by an independent entity (Brehaut, 2017, UNEP). That is to avoid conflict of interest (Oboni, Zabolotoniuk, 2013) and assuage public concerns. Nevertheless, the proponent of a project might feel vulnerable if that information becomes public. Thus, today we discuss how to help remove…
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Improving Sustainability through Reasonable Risk and Crisis Management is the title of our 2007 book. The book has sold through our website in 34 countries to individuals and CxOs eager to get a look into quantitative and rational risk management. Today, one can easily state that sustainability is a big topic in the Western chemical and mining, oil & gas industries. Companies want to be sustainability leaders although in some cases their claim sound more like PR campaigns. A recent…
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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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Does your risk management keep a separate scale for environmental, logal, or business interruption? Do you treat separately Cyber risk from your operational risk? i.e. Do you look at Social License to Operate and Risks as separate siloes or do you integrate them? Let’s start by noting that the Social License to Operate (SLO) basic assumption is that communities/social expectations around projects/activities of mining companies usually exceed legal matters. SLO refers to non-explicit “agreement” made by industry with society and…
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Engineering anthropogenic global change is loaded with implicit Anthropocene ethical and geoethical issues to an unprecedented level because of: demographic pressure and the raise of public opinion, thanks to the emergence of the blogosphere. Part of perceived complexity stems out of bad analytical habits Because of: non-linear dynamics and perceived or real complex feedbacks and apparent chaotic dynamics many claim our anthropocenic systems are difficult to forecast and non-intended and counter-intuitive system behavior is likely. In our experience, however, it…
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Corporate Social Responsibility, business ethics social license to operate It doesn’t matter if you sell cars, mortgages, cruises, or oil. Neither it does matter if your Customer Experience NPS had stellar values up to «yesterday»! And finally it does not matter if your industry is a “one of a kind”, or you are the “largest”, the “best”, etc. If the images projected by the media or the news about your latest scandal (of any kind) are vivid enough to stir…
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