THE COMMONWEALTH SECRETARIAT                & CHATHAM HOUSE                ANTI-CORRUPTION CONFERENCE Corporate Social Res...
THE COMMONWEALTH SECRETARIAT          & CHATHAM HOUSE          ANTI-CORRUPTION CONFERENCE                           Overvi...
THE COMMONWEALTH SECRETARIAT                 & CHATHAM HOUSE                 ANTI-CORRUPTION CONFERENCEDefinition“CSR is t...
THE COMMONWEALTH SECRETARIAT           & CHATHAM HOUSE           ANTI-CORRUPTION CONFERENCE                   CSR is about...
THE COMMONWEALTH SECRETARIAT                 & CHATHAM HOUSE                 ANTI-CORRUPTION CONFERENCE      CSR Drivers/C...
THE COMMONWEALTH SECRETARIAT              & CHATHAM HOUSE              ANTI-CORRUPTION CONFERENCECSR Drivers/Corruption Ch...
THE COMMONWEALTH SECRETARIAT          & CHATHAM HOUSE          ANTI-CORRUPTION CONFERENCE                  Social License...
THE COMMONWEALTH SECRETARIAT              & CHATHAM HOUSE              ANTI-CORRUPTION CONFERENCE              Placer Dome...
THE COMMONWEALTH SECRETARIAT             & CHATHAM HOUSE             ANTI-CORRUPTION CONFERENCE    Eldorado Gold - Kislada...
THE COMMONWEALTH SECRETARIAT                  & CHATHAM HOUSE                  ANTI-CORRUPTION CONFERENCE              Por...
THE COMMONWEALTH SECRETARIAT          & CHATHAM HOUSE          ANTI-CORRUPTION CONFERENCESustainable Competitive Advantage...
THE COMMONWEALTH SECRETARIAT             & CHATHAM HOUSE             ANTI-CORRUPTION CONFERENCE      Competitive Advantage...
THE COMMONWEALTH SECRETARIAT   & CHATHAM HOUSE   ANTI-CORRUPTION CONFERENCECompetitive Advantage Choices                  ...
THE COMMONWEALTH SECRETARIAT          & CHATHAM HOUSE          ANTI-CORRUPTION CONFERENCE                            Overv...
THE COMMONWEALTH SECRETARIAT& CHATHAM HOUSEANTI-CORRUPTION CONFERENCE  Question and Answer                  Wayne Dunn    ...
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CSR & Corruption: Chatham House/Commonwealth Secretariat Conference on Implementing the United Nations Convention Against Corruption

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Wayne Dunn's address to the Chatham House/Commonwealth Secretariat Conference on implementing the UN Convention Against Corruption
www.waynedunn.com

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CSR & Corruption: Chatham House/Commonwealth Secretariat Conference on Implementing the United Nations Convention Against Corruption

  1. 1. THE COMMONWEALTH SECRETARIAT & CHATHAM HOUSE ANTI-CORRUPTION CONFERENCE Corporate Social Responsibility & Corruption Presented by:Chatham House Wayne DunnLondon, U.K. President & CEO24-April-06 A History of Creating Innovative Partnerships Page 1
  2. 2. THE COMMONWEALTH SECRETARIAT & CHATHAM HOUSE ANTI-CORRUPTION CONFERENCE Overview So What Is CSR? Where Did It Come From? What Does it Look Like? How Does It Provide a Sustainable Competitive Advantage? Questions and discussion. A History of Creating Innovative Partnerships Page 2
  3. 3. THE COMMONWEALTH SECRETARIAT & CHATHAM HOUSE ANTI-CORRUPTION CONFERENCEDefinition“CSR is the continuing commitment by business to behave ethicallyand contribute to economic development while improving the qualityof life of the workforce and their families as well of the localcommunity and society at large” Corporate Social Responsibility (Triple Bottom Line) Financial Social Environmental Responsibility Responsibility Responsibility Source: World Business Council on Sustainable Development A History of Creating Innovative Partnerships Page 3
  4. 4. THE COMMONWEALTH SECRETARIAT & CHATHAM HOUSE ANTI-CORRUPTION CONFERENCE CSR is about… Companies working in partnership with communities and others to address problems; Companies promoting good values to their employees, suppliers, customers, partners; Companies investing in social and economic development; Companies being good corporate citizens; A History of Creating Innovative Partnerships Page 4
  5. 5. THE COMMONWEALTH SECRETARIAT & CHATHAM HOUSE ANTI-CORRUPTION CONFERENCE CSR Drivers/Corruption ChallengesGlobalized world is demanding more of business… Global media – The CNNization of the world – remote local issues direct to television screens Proliferation of NGOs and CBOs – direct, well organized and financed support to communities Internet and other communications innovations – direct communications from remote projects to worldwide audience Global Democratization – increased attention to local issues A History of Creating Innovative Partnerships Page 5
  6. 6. THE COMMONWEALTH SECRETARIAT & CHATHAM HOUSE ANTI-CORRUPTION CONFERENCECSR Drivers/Corruption Challenges (cont) Emergence of Global Standards  Equator Principles – World Bank/IFC Environment and Social Standards adopted by private banks ‘Socially conscious’ shareholders Social Investment Funds The Financial Markets – Dow Jones Sustainability Index (http://www.sustainability-index.com/) – FTSE Sustainability Index (FTSE4Good) http://www.ftse4good.com/ – Domini 400 Social Index (DSI) http://www.domini.com/ A History of Creating Innovative Partnerships Page 6
  7. 7. THE COMMONWEALTH SECRETARIAT & CHATHAM HOUSE ANTI-CORRUPTION CONFERENCE Social License An emerging phenomena In addition to more traditional state issues licenses and regulatory approvals Based on the principle that communities and local interests have a valid role in determining whether or not a project will proceed Communities have inserted themselves into the regulatory approval/permitting process and can easily disrupt operations that they disapprove of A History of Creating Innovative Partnerships Page 7
  8. 8. THE COMMONWEALTH SECRETARIAT & CHATHAM HOUSE ANTI-CORRUPTION CONFERENCE Placer Dome Care Project– South Africa, Mozambique, Botswana, Lesotho and Swaziland– Poverty alleviation– Community health– Industry leadership– Capacity development– HIV/AIDS A History of Creating Innovative Partnerships Page 8
  9. 9. THE COMMONWEALTH SECRETARIAT & CHATHAM HOUSE ANTI-CORRUPTION CONFERENCE Eldorado Gold - Kisladag Project Strategic approach to use mining project to facilitate sustainable rural development – Development of agriculture related industries and infrastructure; – Increased involvement of women; – Improved grazing and land management (reduce desertification) A History of Creating Innovative Partnerships Page 9
  10. 10. THE COMMONWEALTH SECRETARIAT & CHATHAM HOUSE ANTI-CORRUPTION CONFERENCE Porgera, Papua New Guinea Working to leave behind a sustainable community – Development of local, non- mine related, business – Creation of local infrastructure to support a sustainable community after the mine leaves – National HIV/AIDS PPP Strategy – Innovative closure planning A History of Creating Innovative Partnerships Page 10
  11. 11. THE COMMONWEALTH SECRETARIAT & CHATHAM HOUSE ANTI-CORRUPTION CONFERENCESustainable Competitive Advantage Triple bottom line (financial, social and environmental performance) Support sustainable development Deal with a variety of stakeholders Inter-connected projects with global markets and impacts Transparent decision making processes Broader access to investors and capital Management of Reputational Capital A History of Creating Innovative Partnerships Page 11
  12. 12. THE COMMONWEALTH SECRETARIAT & CHATHAM HOUSE ANTI-CORRUPTION CONFERENCE Competitive Advantage ChoicesBribery Social ResponsibilityCorruption Ethical Behaviour A History of Creating Innovative Partnerships Page 13
  13. 13. THE COMMONWEALTH SECRETARIAT & CHATHAM HOUSE ANTI-CORRUPTION CONFERENCECompetitive Advantage Choices The Sustainable Competitive Advantage Bribery Social Responsibility Corruption Ethical Behaviour A History of Creating Innovative Partnerships Page 14
  14. 14. THE COMMONWEALTH SECRETARIAT & CHATHAM HOUSE ANTI-CORRUPTION CONFERENCE Overview So What Is CSR? Where Did It Come From? What Does it Look Like? How Does It Provide a Sustainable Competitive Advantage? Questions and discussion. A History of Creating Innovative Partnerships Page 15
  15. 15. THE COMMONWEALTH SECRETARIAT& CHATHAM HOUSEANTI-CORRUPTION CONFERENCE Question and Answer Wayne Dunn wayne@csrdevelopments.com A History of Creating Innovative Partnerships Page 16

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