sharing in governance of extractive industries
Deadline for comment 5 June 2015
Companies can contribute to positive social and economic development when they involve stakeholders, such as local communities, in their planning and decision making. This is particularly true in the extractive sector, which is associated with extensive social, economic and environmental impacts.
In this context, the OECD has developed a practical due diligence guidance to help mining, oil and gas enterprises identify and manage challenges related to undertaking meaningful stakeholder engagement.
The OECD is now inviting your comment on the draft guidance via a public consultation which will run until 5 June 2015. Comments received will inform revisions to the guidance.
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