sharing in governance of extractive industries
We are living in a time of transition, which involves an emerging socio-political and advanced technology paradigm that is impacting the performance of all businesses. Specialization in mining has the potential to be significant source for socially and environmentally sustainable growth that acknowledges and tackles the key challenges of this new paradigm, which requires a systemic and collective approach that integrates all the dimensions of sustainability.
While new technology present important opportunities to deliver higher productivity, safety and environmental performance, it will also shape the labor market and the structure of the supplier to the mining industry sector. This might generate difficulties to local, regional and national workers and suppliers.
For instance, it can be argued that if workers and suppliers at local, regional and national levels that are not able to participate in the transition to “the mine of the future” then a significant part of the new works and procurement generated by technological change will go away and mining communities, regions and countries might face important difficulties.
Mining companies and technology suppliers in collaboration with governments, can include the preparation of local capabilities to enable workers and suppliers to participate in the transition to the new technological paradigm. This is a core element of the inclusion imperative. In other words, to be inclusive means to enable locals, regionals and nationals to participate in the process of value delivering that the new technology will generate. For instance, if local suppliers and workers are fit for purpose, then they will be a key source of competitiveness for the industry and for the broader economy. A shared value arrangement.
This effort cannot be done in isolation. It requires to build real partnerships between mining companies, suppliers, communities, governments and other key stakeholders at regional, national and international levels. The following list illustrates some actions to be taken into consideration in the definition of comprehensive collective agenda in which each stakeholder has a key role to play.
Companies voluntary actions:
Question to open the discussion
Assuming that there is not simple solution that address the challenges of local content or inclusion of the transition to the new technological paradigm and that one size doesn´t fil all:
How to define a set of complementary policies and strategies to generate coherent set of initiatives?
Should mining economies arrange collective effort to define a shared vision and a road-map to succeed the transition to automation in terms of its economic, environmental and social impacts?
Who should lead this process? Who should participate? What are basic enabling condition of this process to happen?
Add a Comment