The document appears to be notes from a meeting discussing issues with Wilson Chemicals' subsidiary in Ghana. It summarizes key personnel, including Joseph Okono as the Subsidiary President in Ghana. Ian Thomas, the Director of the West African division, wants to fire Okono due to dishonesty, but George Teele wants to get an explanation first. An audit found inappropriate spending on "incentives" that had previously been obscured. Okono defends the spending given economic conditions in Ghana. The notes examine strengths and weaknesses of various options, such as keeping the status quo, forbidding corruption, replacing Okono, replacing Thomas, or closing the subsidiary.
The social and economic impacts of gold mining are significant. Gold mining companies contribute over $171.6 billion annually to the global economy through their operations and spending on goods and services. This spending supports economic growth and is greater than the total foreign aid many developing gold producing countries receive. Gold mining companies create substantial value in host nations through tax payments and procurement from local businesses, distributing far more wealth than royalty fees alone. Responsible revenue management in gold-producing countries is improving due to transparency initiatives, though continued progress is needed to ensure social and economic benefits are realized.
The document analyzes the social and economic impacts of gold mining. It finds that gold mining companies contribute significantly to global economic growth and the economies of host nations. Specifically, it finds that in 2013 gold mining companies contributed over $171.6 billion globally and account for over 10% of GDP in some major gold producing countries. Additionally, gold mining companies directly employ over one million workers and support millions more indirect jobs. Responsible gold mining has the potential to positively impact local communities through job creation, skills development, and investments in healthcare and other social programs. However, partnerships between companies, governments, and other stakeholders are needed to ensure the sustainable development benefits of gold mining are fully realized.
The article discusses Northwood University alumna Amanda Yocum, who graduated in 2002. After working in various roles, she returned to NU to teach economics courses. Yocum believes the core values and ethics taught at NU have helped her succeed, and she aims to pass these lessons on to her students to help prepare them for careers and life. The article highlights how NU alumni remain connected to the university and its mission of promoting free enterprise.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
The document describes the Avista Hideaway Resort & Spa in Phuket, Thailand. It is a new luxury resort located 45 minutes from the airport, 20 minutes from downtown Phuket, and 3 minutes from the entertainment areas of Patong. The resort has 150 guest rooms including suites with jacuzzis and pools. It features 3 outdoor pools, a spa, restaurants, a gym, meeting spaces, and a private beach club located 5 minutes away. Transportation like limo service from the airport and a private jet are available upon request.
The document provides tips for getting a job, including doing work with excellence, acting on mission, and being enchanting. It advises setting SMART goals, doing research on target companies and their needs, clarifying the value you offer, and providing examples and references to give potential employers "reasons to believe". The overall message is that getting a job requires treating it as its own job by pouring your best energy into it and tailoring your approach for each opportunity.
Responsible Gold Mining and Value Distribution | The World Gold Council World Gold Council
In an industry first, member companies of the World Gold Council have collaborated to combine data which provides a comprehensive, country by country view on how value generated by the formal gold mining sector is distributed and how much of that value remains with host nations. This data covers expenditure in 2012 and includes payments to suppliers, employees and governments.
The document appears to be notes from a meeting discussing issues with Wilson Chemicals' subsidiary in Ghana. It summarizes key personnel, including Joseph Okono as the Subsidiary President in Ghana. Ian Thomas, the Director of the West African division, wants to fire Okono due to dishonesty, but George Teele wants to get an explanation first. An audit found inappropriate spending on "incentives" that had previously been obscured. Okono defends the spending given economic conditions in Ghana. The notes examine strengths and weaknesses of various options, such as keeping the status quo, forbidding corruption, replacing Okono, replacing Thomas, or closing the subsidiary.
The social and economic impacts of gold mining are significant. Gold mining companies contribute over $171.6 billion annually to the global economy through their operations and spending on goods and services. This spending supports economic growth and is greater than the total foreign aid many developing gold producing countries receive. Gold mining companies create substantial value in host nations through tax payments and procurement from local businesses, distributing far more wealth than royalty fees alone. Responsible revenue management in gold-producing countries is improving due to transparency initiatives, though continued progress is needed to ensure social and economic benefits are realized.
The document analyzes the social and economic impacts of gold mining. It finds that gold mining companies contribute significantly to global economic growth and the economies of host nations. Specifically, it finds that in 2013 gold mining companies contributed over $171.6 billion globally and account for over 10% of GDP in some major gold producing countries. Additionally, gold mining companies directly employ over one million workers and support millions more indirect jobs. Responsible gold mining has the potential to positively impact local communities through job creation, skills development, and investments in healthcare and other social programs. However, partnerships between companies, governments, and other stakeholders are needed to ensure the sustainable development benefits of gold mining are fully realized.
The article discusses Northwood University alumna Amanda Yocum, who graduated in 2002. After working in various roles, she returned to NU to teach economics courses. Yocum believes the core values and ethics taught at NU have helped her succeed, and she aims to pass these lessons on to her students to help prepare them for careers and life. The article highlights how NU alumni remain connected to the university and its mission of promoting free enterprise.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
The document describes the Avista Hideaway Resort & Spa in Phuket, Thailand. It is a new luxury resort located 45 minutes from the airport, 20 minutes from downtown Phuket, and 3 minutes from the entertainment areas of Patong. The resort has 150 guest rooms including suites with jacuzzis and pools. It features 3 outdoor pools, a spa, restaurants, a gym, meeting spaces, and a private beach club located 5 minutes away. Transportation like limo service from the airport and a private jet are available upon request.
The document provides tips for getting a job, including doing work with excellence, acting on mission, and being enchanting. It advises setting SMART goals, doing research on target companies and their needs, clarifying the value you offer, and providing examples and references to give potential employers "reasons to believe". The overall message is that getting a job requires treating it as its own job by pouring your best energy into it and tailoring your approach for each opportunity.
Responsible Gold Mining and Value Distribution | The World Gold Council World Gold Council
In an industry first, member companies of the World Gold Council have collaborated to combine data which provides a comprehensive, country by country view on how value generated by the formal gold mining sector is distributed and how much of that value remains with host nations. This data covers expenditure in 2012 and includes payments to suppliers, employees and governments.
The document summarizes Doe Run's 2010 sustainability report. It describes Doe Run's operations including lead mining in Missouri, primary lead smelting in Missouri, lead battery recycling, and fabricated lead products manufacturing. It highlights Doe Run's new hydrometallurgical lead production process that allows for over 98% metal recovery while minimizing environmental impacts. The report discusses Doe Run's priorities around further developing this new technology, improving water quality management, and exploring for new ore reserves.
The document summarizes key points from Ontario's 2012 budget, which estimated a $15.3 billion deficit. It outlined spending cuts across various ministries and programs totaling $17.7 billion over three years, including closure of jails, youth centers, and job cuts at MNR and MOE. The cuts were driven by the 2008 recession and tax cuts rather than increased spending. Privatization and self-regulation were also emphasized through bills deregulating industries and potentially privatizing ServiceOntario.
The document is Doe Run's 2011 Sustainability Report. It discusses two major efforts underway in 2011 - developing Sustainability Principles to guide the organization and focusing internally on ensuring employees understand the vision, mission, values and business strategy. It also provides an overview of the company's operations, locations, highlights from 2011 including establishing eight Sustainability Principles, and an example of how the principles guided a project at their recycling facility to reduce emissions.
Waste crime involves the illegal management, transport, and disposal of waste. There are over 1,175 known illegal waste sites in England and Wales, dealing primarily with construction waste, mixed household waste, and end-of-life vehicles. Illegal waste export and large-scale dumping also pose problems. Waste crime damages the environment, human health, and legitimate businesses. While efforts have been made to close illegal sites and prosecute offenders, the number of illegal sites has not decreased significantly. Further research is needed to understand the root causes of waste crimes and their full impacts.
This document provides an overview of Vedanta Limited, an Indian mining company. It discusses the company's operations in India, South Africa, Namibia, and Australia. It then outlines some controversies and criticisms faced by Vedanta, including environmental damage related to bauxite mining in Niyamgiri Hills in India and police shootings of protesters in Thoothukudi, Tamil Nadu. The document also mentions safety incidents at Vedanta facilities in Korba, Chhattisgarh and lawsuits filed against the company in Zambia by local residents alleging pollution.
Impact Investing & Solvency 2 personal proposalJérôme BOUILLON
Personal proposition presented to the EU commission in the context of the Social Business act. The goal is to foster Impact investing investment by Institutional Investors
This document provides an overview of the Mongolian coking coal market in China and some of the challenges faced by Mongolian producers. It notes that Mongolian coal exports to China have declined significantly in 2013 due to falling prices and decreasing market share. Some of the key issues identified include inconsistent quality from Mongolian mines, unreliable supply, high transportation and border crossing costs, and pricing power held by Chinese buyers. Potential solutions proposed are improving wash plant infrastructure to ensure consistent quality, developing standard gauge rail to reduce handling costs and enhance logistics, addressing royalty calculation methods, and strengthening producer-buyer relationships. The document concludes that Mongolia needs to work with industry and government to enhance competitiveness through these types of reforms in
This document discusses the market dynamics for Mongolian coking coal in the Chinese market. It provides an overview of Anglo American's operations and presence in Mongolia. It then analyzes the current situation for Mongolian coal exports to China, including declining export volumes and prices. The document examines factors driving the declines, such as inconsistent quality from Mongolian producers and unreliable supply. It also compares Mongolian coal pricing to international benchmarks. Potential solutions proposed include producers moving to washed coal to improve quality and consistency.
The mining industry in Colombia continues to be an active and promising sector for social and economic development. In 2012, the number of mining companies registered in Colombia increased 22% compared to 2011. Many international companies are interested in investing in large-scale mining in Colombia, as the country has strong environmental regulations to ensure sustainable and responsible mining.
The document summarizes business and economic news from Mongolia. It discusses several mining projects and deals including financing arranged for XacBank for SME loans, Magnai Trade receiving a loan from the central bank, and economic studies completed for iron ore and coking coal projects. It also mentions Mongolia establishing a joint venture with South Korea for sea transport and updates on coal drilling programs.
This document summarizes the opportunities and challenges for Mongolian coking coal in the Chinese market. It finds that while the market for washed hard coking coal remains strong in China, Mongolian coal exports and prices have declined in recent months due to inconsistent quality, irregular supply, and high transportation costs. It recommends that Mongolia focus on improving rail infrastructure to reduce handling costs, ensure consistent high-quality washed coal production, and establish a fair royalty regime in order to enhance the competitiveness of its coking coal industry long-term. Anglo American presents itself as a potential partner to help Mongolia achieve these goals.
The document provides details about the Indian government budget for 2012-13, including an overview of the budgeting process and key budget terms. It notes that the Finance Minister presented the budget on the last day of February. The budget aims to balance growth, stability, and equity while meeting various demands. It discusses revenue and capital receipts/expenditures, deficit types including fiscal and revenue deficits, and pre-budget consultation processes. The summary highlights some of the personal income tax rate changes and that certain indirect taxes were increased, which could lead to higher prices and inflation. It also provides an increased allocation for agriculture.
difference between Public governance and corporate governance with examplesEeshwari B
The document discusses different types of governance including public, corporate, economic, financial, e-governance, and environmental governance. It provides details on public governance, which refers to formal and informal arrangements for making and implementing public decisions while maintaining a country's values. Corporate governance is defined as the system of rules and processes by which a company is directed and controlled. Key aspects of corporate governance in India are outlined, including how the position of Indian corporations changed after economic liberalization in the 1990s. Several examples of governance issues and scandals are briefly described.
The document summarizes business risks for the mining and metals sector in Mongolia in 2011-2012. It notes that Mongolia's economy is growing significantly due to its mining sector, which contributes 60% of foreign investment and 70% of exports. Two major mining projects, Oyu Tolgoi and Tavan Tolgoi, are expected to further boost economic activity. The biggest M&A deal in 2010 was Rio Tinto increasing its stake in Ivanhoe Mines. Key risks identified are capacity constraints due to skills and infrastructure shortages, resource nationalism leading to increased costs, and maintaining social acceptance amid environmental concerns.
Rio Tinto is a major mining company with global copper operations and projects. It has a portfolio of world-class operating assets that provide an industry-leading cost base, including its interests in the Escondida and Grasberg mines. It also has several prospective undeveloped resources, such as the Resolution and La Granja projects. Additionally, Rio Tinto is playing a key role in developing the large Oyu Tolgoi project in Mongolia, which is expected to become one of the world's top five copper producers. The project aims to bring long-term investment and sustainable development to Mongolia through job creation, training programs, and economic growth.
The World Gold Council developed a new report to quantify the economic contribution of leading responsible gold mining companies. The report provides a collective analysis of the value distributed to stakeholders, including employees, suppliers, governments, communities, and investors. It found that 15 participating gold mining companies employed over 220,000 people in 2012. The companies spent $55 billion total in 2012, with 79% or $44.7 billion spent in the countries where operations are located. The report aims to show how gold mining supports socioeconomic development through jobs, skills training, supply chain opportunities, social investment, and infrastructure.
The document discusses key information for investors in Mongolia. It summarizes that Mongolia has an open investment climate and growing economy supported by major investments in mining. The mining sector is driving economic growth through projects like the Oyu Tolgoi mine, which will see $5 billion in total investment. Mongolia also has a developing financial system and capital markets that aim to increase transparency and modernize to attract more investment. The mining supply chain within Mongolia is also growing to support major projects and utilize local suppliers.
The document summarizes a presentation given in 2015 on investment opportunities and challenges in Mongolia. It notes that while progress had been made in meeting investment needs, challenges remained including fiscal policy, infrastructure development, and laws governing mining and investment. Major projects like Oyu Tolgoi and Tavan Tolgoi presented both opportunities and risks. Overall the outlook was that continued investment, especially in mining and infrastructure, could help Mongolia benefit from its natural resources despite slowing growth in China.
8 Challenges Facing Landscape and Irrigation ContractorsAnn Ehinger
Outlines the eight biggest challenges facing landscape and irrigation contractors today. Kenney Outdoor hired an independent research company to take a look at these challenges and trends. This briefing represents over $250,000 worth of white papers, studies, articles, government documents and data gleaned from over 39 different sources.
Presentations from a seminar at SSE on 16 November 2015: “Not invited to the Christmas party: Keeping sustainable company values and competence with increasing use of external competence providers”.
Presentations by: Edin Colak, Ellen Montén, Pernilla Bolander, Sofia Vahlne.
Presentation vid seminarium på Handelshögskolan i Stockholm 14 november 2014, “CSR-seminarium: Företagens roll och ansvar i samhället”. Seminariet gavs i samband med lanseringen av den nya tidskriften "Organisation & Samhälle".
Presentationer av:
Tomas Brytting, professor i organisationsetik med föredraget "Gärna förtroende men först ett rejält ansvar". Karolina Windell, ekon dr med föredraget "Mediebilden formar föreställningar om vad som är ansvarsfulla organisationer". Tommy Jensen, professor i företagsekonomi med inriktning mot etik, moral och ansvarstagande med föredraget "Svenska storföretagsledningar har för dåliga etiska kunskaper och färdigheter".
Professor Nils Brunsson, redaktör för "Organisation & Samhälle", välkomnade till seminariet. Sven-Olof Junker, ekon dr vid Handelshögskolan och sakkunnig vid Naturskyddsföreningen modererade debatten.
Inbjudna för att kommentera forskningsresultaten var Amanda Jackson, hållbarhetschef Swedbank, Hanne Kjöller, ledarskribent på Dagens Nyheter och Viveka Risberg, kanslichef Swedwatch.
More Related Content
Similar to Coping with Unsustainability: Policy Gap 7, Lonmin 2003 – 2012
The document summarizes Doe Run's 2010 sustainability report. It describes Doe Run's operations including lead mining in Missouri, primary lead smelting in Missouri, lead battery recycling, and fabricated lead products manufacturing. It highlights Doe Run's new hydrometallurgical lead production process that allows for over 98% metal recovery while minimizing environmental impacts. The report discusses Doe Run's priorities around further developing this new technology, improving water quality management, and exploring for new ore reserves.
The document summarizes key points from Ontario's 2012 budget, which estimated a $15.3 billion deficit. It outlined spending cuts across various ministries and programs totaling $17.7 billion over three years, including closure of jails, youth centers, and job cuts at MNR and MOE. The cuts were driven by the 2008 recession and tax cuts rather than increased spending. Privatization and self-regulation were also emphasized through bills deregulating industries and potentially privatizing ServiceOntario.
The document is Doe Run's 2011 Sustainability Report. It discusses two major efforts underway in 2011 - developing Sustainability Principles to guide the organization and focusing internally on ensuring employees understand the vision, mission, values and business strategy. It also provides an overview of the company's operations, locations, highlights from 2011 including establishing eight Sustainability Principles, and an example of how the principles guided a project at their recycling facility to reduce emissions.
Waste crime involves the illegal management, transport, and disposal of waste. There are over 1,175 known illegal waste sites in England and Wales, dealing primarily with construction waste, mixed household waste, and end-of-life vehicles. Illegal waste export and large-scale dumping also pose problems. Waste crime damages the environment, human health, and legitimate businesses. While efforts have been made to close illegal sites and prosecute offenders, the number of illegal sites has not decreased significantly. Further research is needed to understand the root causes of waste crimes and their full impacts.
This document provides an overview of Vedanta Limited, an Indian mining company. It discusses the company's operations in India, South Africa, Namibia, and Australia. It then outlines some controversies and criticisms faced by Vedanta, including environmental damage related to bauxite mining in Niyamgiri Hills in India and police shootings of protesters in Thoothukudi, Tamil Nadu. The document also mentions safety incidents at Vedanta facilities in Korba, Chhattisgarh and lawsuits filed against the company in Zambia by local residents alleging pollution.
Impact Investing & Solvency 2 personal proposalJérôme BOUILLON
Personal proposition presented to the EU commission in the context of the Social Business act. The goal is to foster Impact investing investment by Institutional Investors
This document provides an overview of the Mongolian coking coal market in China and some of the challenges faced by Mongolian producers. It notes that Mongolian coal exports to China have declined significantly in 2013 due to falling prices and decreasing market share. Some of the key issues identified include inconsistent quality from Mongolian mines, unreliable supply, high transportation and border crossing costs, and pricing power held by Chinese buyers. Potential solutions proposed are improving wash plant infrastructure to ensure consistent quality, developing standard gauge rail to reduce handling costs and enhance logistics, addressing royalty calculation methods, and strengthening producer-buyer relationships. The document concludes that Mongolia needs to work with industry and government to enhance competitiveness through these types of reforms in
This document discusses the market dynamics for Mongolian coking coal in the Chinese market. It provides an overview of Anglo American's operations and presence in Mongolia. It then analyzes the current situation for Mongolian coal exports to China, including declining export volumes and prices. The document examines factors driving the declines, such as inconsistent quality from Mongolian producers and unreliable supply. It also compares Mongolian coal pricing to international benchmarks. Potential solutions proposed include producers moving to washed coal to improve quality and consistency.
The mining industry in Colombia continues to be an active and promising sector for social and economic development. In 2012, the number of mining companies registered in Colombia increased 22% compared to 2011. Many international companies are interested in investing in large-scale mining in Colombia, as the country has strong environmental regulations to ensure sustainable and responsible mining.
The document summarizes business and economic news from Mongolia. It discusses several mining projects and deals including financing arranged for XacBank for SME loans, Magnai Trade receiving a loan from the central bank, and economic studies completed for iron ore and coking coal projects. It also mentions Mongolia establishing a joint venture with South Korea for sea transport and updates on coal drilling programs.
This document summarizes the opportunities and challenges for Mongolian coking coal in the Chinese market. It finds that while the market for washed hard coking coal remains strong in China, Mongolian coal exports and prices have declined in recent months due to inconsistent quality, irregular supply, and high transportation costs. It recommends that Mongolia focus on improving rail infrastructure to reduce handling costs, ensure consistent high-quality washed coal production, and establish a fair royalty regime in order to enhance the competitiveness of its coking coal industry long-term. Anglo American presents itself as a potential partner to help Mongolia achieve these goals.
The document provides details about the Indian government budget for 2012-13, including an overview of the budgeting process and key budget terms. It notes that the Finance Minister presented the budget on the last day of February. The budget aims to balance growth, stability, and equity while meeting various demands. It discusses revenue and capital receipts/expenditures, deficit types including fiscal and revenue deficits, and pre-budget consultation processes. The summary highlights some of the personal income tax rate changes and that certain indirect taxes were increased, which could lead to higher prices and inflation. It also provides an increased allocation for agriculture.
difference between Public governance and corporate governance with examplesEeshwari B
The document discusses different types of governance including public, corporate, economic, financial, e-governance, and environmental governance. It provides details on public governance, which refers to formal and informal arrangements for making and implementing public decisions while maintaining a country's values. Corporate governance is defined as the system of rules and processes by which a company is directed and controlled. Key aspects of corporate governance in India are outlined, including how the position of Indian corporations changed after economic liberalization in the 1990s. Several examples of governance issues and scandals are briefly described.
The document summarizes business risks for the mining and metals sector in Mongolia in 2011-2012. It notes that Mongolia's economy is growing significantly due to its mining sector, which contributes 60% of foreign investment and 70% of exports. Two major mining projects, Oyu Tolgoi and Tavan Tolgoi, are expected to further boost economic activity. The biggest M&A deal in 2010 was Rio Tinto increasing its stake in Ivanhoe Mines. Key risks identified are capacity constraints due to skills and infrastructure shortages, resource nationalism leading to increased costs, and maintaining social acceptance amid environmental concerns.
Rio Tinto is a major mining company with global copper operations and projects. It has a portfolio of world-class operating assets that provide an industry-leading cost base, including its interests in the Escondida and Grasberg mines. It also has several prospective undeveloped resources, such as the Resolution and La Granja projects. Additionally, Rio Tinto is playing a key role in developing the large Oyu Tolgoi project in Mongolia, which is expected to become one of the world's top five copper producers. The project aims to bring long-term investment and sustainable development to Mongolia through job creation, training programs, and economic growth.
The World Gold Council developed a new report to quantify the economic contribution of leading responsible gold mining companies. The report provides a collective analysis of the value distributed to stakeholders, including employees, suppliers, governments, communities, and investors. It found that 15 participating gold mining companies employed over 220,000 people in 2012. The companies spent $55 billion total in 2012, with 79% or $44.7 billion spent in the countries where operations are located. The report aims to show how gold mining supports socioeconomic development through jobs, skills training, supply chain opportunities, social investment, and infrastructure.
The document discusses key information for investors in Mongolia. It summarizes that Mongolia has an open investment climate and growing economy supported by major investments in mining. The mining sector is driving economic growth through projects like the Oyu Tolgoi mine, which will see $5 billion in total investment. Mongolia also has a developing financial system and capital markets that aim to increase transparency and modernize to attract more investment. The mining supply chain within Mongolia is also growing to support major projects and utilize local suppliers.
The document summarizes a presentation given in 2015 on investment opportunities and challenges in Mongolia. It notes that while progress had been made in meeting investment needs, challenges remained including fiscal policy, infrastructure development, and laws governing mining and investment. Major projects like Oyu Tolgoi and Tavan Tolgoi presented both opportunities and risks. Overall the outlook was that continued investment, especially in mining and infrastructure, could help Mongolia benefit from its natural resources despite slowing growth in China.
8 Challenges Facing Landscape and Irrigation ContractorsAnn Ehinger
Outlines the eight biggest challenges facing landscape and irrigation contractors today. Kenney Outdoor hired an independent research company to take a look at these challenges and trends. This briefing represents over $250,000 worth of white papers, studies, articles, government documents and data gleaned from over 39 different sources.
Similar to Coping with Unsustainability: Policy Gap 7, Lonmin 2003 – 2012 (20)
Presentations from a seminar at SSE on 16 November 2015: “Not invited to the Christmas party: Keeping sustainable company values and competence with increasing use of external competence providers”.
Presentations by: Edin Colak, Ellen Montén, Pernilla Bolander, Sofia Vahlne.
Presentation vid seminarium på Handelshögskolan i Stockholm 14 november 2014, “CSR-seminarium: Företagens roll och ansvar i samhället”. Seminariet gavs i samband med lanseringen av den nya tidskriften "Organisation & Samhälle".
Presentationer av:
Tomas Brytting, professor i organisationsetik med föredraget "Gärna förtroende men först ett rejält ansvar". Karolina Windell, ekon dr med föredraget "Mediebilden formar föreställningar om vad som är ansvarsfulla organisationer". Tommy Jensen, professor i företagsekonomi med inriktning mot etik, moral och ansvarstagande med föredraget "Svenska storföretagsledningar har för dåliga etiska kunskaper och färdigheter".
Professor Nils Brunsson, redaktör för "Organisation & Samhälle", välkomnade till seminariet. Sven-Olof Junker, ekon dr vid Handelshögskolan och sakkunnig vid Naturskyddsföreningen modererade debatten.
Inbjudna för att kommentera forskningsresultaten var Amanda Jackson, hållbarhetschef Swedbank, Hanne Kjöller, ledarskribent på Dagens Nyheter och Viveka Risberg, kanslichef Swedwatch.
This document summarizes a presentation on diversity effects on sustainable group performance. It defines types of diversity, discusses research showing both benefits and challenges of diversity for group performance, and outlines some practical implications. The presentation addresses how diversity can improve decision-making and problem-solving but also potentially lead to issues like groupthink or polarization among subgroups. It notes the complex trade-offs involved and difficulties translating contradictory diversity research into clear practical advice.
Presentation by Alexandra Johansen (SSE Alumni) at the Stockholm School of Economics November 10, 2014 at the seminar “Building sustainable organizations: the role of diversity for sustainable decision-making".
Presentation at SSE, May 15, 2014: "Financial Reporting – too little or too much?"
Do we have a “disclosure problem” in financial reporting for listed entities? If so, is this a problem of information overload or inadequacy?
During 2013 three researchers at the Stockholm School of Economics, initiated a study, supported by the Swedish Enterprise Accounting Group at the Confederation of Swedish Enterprise, in order to contribute to this debate. 40 in-depth interviews were conducted with a broad range of experienced users of financial information. Interviewees include buy-side and sell-side analysts working with both equity and credit side analyses. Geographically, the interviewees are active in Sweden, the UK and other European countries along with the US.
The report Decision Usefulness Explored provides a short and timely report of the findings. Exploring what it is that makes financial reports useful, the report addresses what information in financial reports is used, when, how and for what.
At a seminar at the Stockholm School of Economics the findings in the report will be discussed. The objective of the seminar is to contribute to the current debate on the “disclosure problem” and the future of financial reporting for listed entities.
Agenda
13.00–13.10, Welcome and Introduction
- Dr Claes Norberg, Director Accountancy, Confederation of Swedish Enterprise and Adjunct Professor of Corporate Law, Uppsala University
- Dr Ebba Sjögren, Assistant Professor and Docent, Stockholm School of Economics
13.10–13.25, Setting the Scene
- Dr Walter Schuster, Professor, Stockholm School of Economics
13.25–13.40, The use of information by capital providers: The state of knowledge
- Dr Stefano Cascino, Lecturer, London School of Economics
13.40–14.30, Presentation and discussion of report
- Dr Anja Hjelström, Assistant Professor, Stockholm School of Economics
- Dr Tomas Hjelström, Assistant Professor, Stockholm School of Economics
- Peter Malmqvist, Chairman, Valuation committee, The Association of Swedish Financial Analysts
- Sigvard Heurlin, Visiting teacher Stockholm School of Economics, former PwC partner, IASC board member
14.30–15.00, Coffee break
15.00–15.20, Questions from the audience
15.20–16.20, Panel discussion
- Francoise Flores, Chairman, EFRAG
- Jan Engström, Board Member, IASB
- Mikael Hagström, Senior VP, AB Volvo
- Sue Harding, Director, FRC Financial Reporting Lab
- Moderator: Dr Ebba Sjögren
16.20, Closing remarks
- Dr Claes Norberg
The document summarizes a seminar on corporate social responsibility challenges and opportunities for commercial actors in conflict-affected areas. It describes the CCDA project which aims to develop concepts and tools to encourage businesses to avoid negative impacts and strengthen positive impacts on conflicts. It discusses terminology related to conflict-affected areas and corporate responsibility frameworks. It also summarizes conclusions from case studies on how some companies have financially benefited from conflicts and interacted with local stakeholders.
This document summarizes research comparing how mining companies in Sweden and South Africa obtain a social license to operate (SLO). The research examines the choices mining companies make when applying for licenses in Sweden and an ongoing case study of the Sishen mine in South Africa. It discusses definitions of SLO and how companies obtain it by following soft laws and initiatives like CSR policies, local agreements, transparency, and philanthropy. For Sweden, results showed established companies did the minimum while new companies did more. In South Africa, billions have been invested at Sishen but communities have not benefited as intended. Concluding thoughts discuss differences in CSR approaches between the contexts and potential lessons from Sweden.
The document discusses alternatives to bitcoin such as Litecoin, Namecoin, and Ripple. It examines examples like using bitcoins, namecoin which manages the .bit domain, and ripple which uses trust lines between currencies. The presentation concludes by discussing the future of cryptocurrencies and the bitcoin exchange called Kraken.
This document contains 24 sections about Bitcoin and related topics, including:
1. An introduction by Jon Matonis of the Bitcoin Foundation.
2-24. Sections discussing the history of Bitcoin, its key features like decentralization and fixed supply, how it could transform industries like payments and asset management, quotes in support of Bitcoin from figures like Bill Gates and Nassim Taleb, and Matonis' own quote comparing Bitcoin to legal tender and BitTorrents to copyrights.
The document outlines the agenda for a seminar on Bitcoin held at the Stockholm School of Economics on October 25, 2013. The seminar included four presentations: an introduction to Bitcoin by Dr. Robin Teigland; a discussion of Bitcoin as a nonpolitical monetary unit by Jon Matonis; a case study on how Bitcoin could benefit developing countries presented by Pelle Braendgaard; and a look at the future of and alternatives to Bitcoin from Michael Grönager. The event concluded with closing remarks from the moderator Dr. Robin Teigland.
This document discusses sustainable leadership and the financial crisis. It provides statistics showing the enormous total estimated costs of the 2008 financial crisis for the US economy ranging from $12.8 to $22 trillion. Unemployment rates in the EU rose significantly from 2000 to 2013 in the aftermath of the crisis. The CEO of Allianz argues that addressing climate change cannot wait for the financial crisis to be resolved and that sustainable economic development is needed. Sustainable leadership is defined as achieving fair treatment of employees, sustainable environmental practices, and long-term economic value. It is argued that principles of sustainable leadership apply globally regardless of geography. The document examines sustainable leadership in banks, noting low customer satisfaction ratings for Swedish banks according to a recent poll
Presentation vid SSE Insights på Handelshögskolan i Stockholm.
Presentatörer: Pernilla Bolander, Staffan Furusten, Frida Pemer, Annika Schilling, Kristina Tamm Hallström, Andreas Werr
The 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdfthesiliconleaders
In the recent edition, The 10 Most Influential Leaders Guiding Corporate Evolution, 2024, The Silicon Leaders magazine gladly features Dejan Štancer, President of the Global Chamber of Business Leaders (GCBL), along with other leaders.
Building Your Employer Brand with Social MediaLuanWise
Presented at The Global HR Summit, 6th June 2024
In this keynote, Luan Wise will provide invaluable insights to elevate your employer brand on social media platforms including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok. You'll learn how compelling content can authentically showcase your company culture, values, and employee experiences to support your talent acquisition and retention objectives. Additionally, you'll understand the power of employee advocacy to amplify reach and engagement – helping to position your organization as an employer of choice in today's competitive talent landscape.
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Digital Marketing best practices including influencer marketing, content creators, and omnichannel marketing for Sustainable Brands at the Sustainable Cosmetics Summit 2024 in New York
Top mailing list providers in the USA.pptxJeremyPeirce1
Discover the top mailing list providers in the USA, offering targeted lists, segmentation, and analytics to optimize your marketing campaigns and drive engagement.
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[To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
This presentation is a curated compilation of PowerPoint diagrams and templates designed to illustrate 20 different digital transformation frameworks and models. These frameworks are based on recent industry trends and best practices, ensuring that the content remains relevant and up-to-date.
Key highlights include Microsoft's Digital Transformation Framework, which focuses on driving innovation and efficiency, and McKinsey's Ten Guiding Principles, which provide strategic insights for successful digital transformation. Additionally, Forrester's framework emphasizes enhancing customer experiences and modernizing IT infrastructure, while IDC's MaturityScape helps assess and develop organizational digital maturity. MIT's framework explores cutting-edge strategies for achieving digital success.
These materials are perfect for enhancing your business or classroom presentations, offering visual aids to supplement your insights. Please note that while comprehensive, these slides are intended as supplementary resources and may not be complete for standalone instructional purposes.
Frameworks/Models included:
Microsoft’s Digital Transformation Framework
McKinsey’s Ten Guiding Principles of Digital Transformation
Forrester’s Digital Transformation Framework
IDC’s Digital Transformation MaturityScape
MIT’s Digital Transformation Framework
Gartner’s Digital Transformation Framework
Accenture’s Digital Strategy & Enterprise Frameworks
Deloitte’s Digital Industrial Transformation Framework
Capgemini’s Digital Transformation Framework
PwC’s Digital Transformation Framework
Cisco’s Digital Transformation Framework
Cognizant’s Digital Transformation Framework
DXC Technology’s Digital Transformation Framework
The BCG Strategy Palette
McKinsey’s Digital Transformation Framework
Digital Transformation Compass
Four Levels of Digital Maturity
Design Thinking Framework
Business Model Canvas
Customer Journey Map
How to Implement a Strategy: Transform Your Strategy with BSC Designer's Comp...Aleksey Savkin
The Strategy Implementation System offers a structured approach to translating stakeholder needs into actionable strategies using high-level and low-level scorecards. It involves stakeholder analysis, strategy decomposition, adoption of strategic frameworks like Balanced Scorecard or OKR, and alignment of goals, initiatives, and KPIs.
Key Components:
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- Goal Setting
- Initiatives and Action Plans
- KPIs and Performance Metrics
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Benefits:
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- Enhanced alignment and strategic focus across the organization.
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How to Start Up a Company: A Step-by-Step Guide Starting a company is an exciting adventure that combines creativity, strategy, and hard work. It can seem overwhelming at first, but with the right guidance, anyone can transform a great idea into a successful business. Let's dive into how to start up a company, from the initial spark of an idea to securing funding and launching your startup.
Introduction
Have you ever dreamed of turning your innovative idea into a thriving business? Starting a company involves numerous steps and decisions, but don't worry—we're here to help. Whether you're exploring how to start a startup company or wondering how to start up a small business, this guide will walk you through the process, step by step.
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challengesHolger Mueller
Holger Mueller of Constellation Research shares his key takeaways from SAP's Sapphire confernece, held in Orlando, June 3rd till 5th 2024, in the Orange Convention Center.
3. Our Objectives
• In January 2012, over 17,000 workers embarked on a six week strike at
Impala Platinum Mine in Rustenburg. This was followed by a strike at
Aquarius Platinum.
• In both of these strikes several workers were killed by security guards of
the companies.
• On 16th August, 34 striking employees of the British owned platinum
mining company, Lonmin Plc, were shot dead by the police. At least 78
other workers were wounded. From the end of August a wave of strikes
spread to platinum, gold and coal mines. The workers demanded drastic
wage increases and they still do.
• This report aims to throw some light on what lay behind this revolt in the
platinum mining industry..
4. This study
• This study examines Lonmin’s social and environmental performance over
the period 2003-2012 through a close reading of the company’s own
Sustainable Development Reports (SDR).
• Lonmin is the world’s third largest PGM producer and claims it is more
socially and environmentally “responsible” than others.
• The report focuses on a limited number of key areas :
• Use of contract workers
• “Social Capital” reporting
• Housing programs
• Environmental performance
5. The Platinum Industry
• The platinum mining industry has grown very rapidly in South Africa.
• It has increased from 10% to 30% of the mining industry’s contribution to
GDP in 15 years.
• After the 1990s it experienced an extended period of extreme
profitability.
• Since 2008, profitability has been significantly lower, prompting cuts in
Lonmin’s Social Labour Plans (SLP) and retrenchment plans at Anglo
American Platinum (AAP).
7. Contract workers
• Some 30% of the work force in platinum mines is contract labour.
• In gold mining, the contract worker share is between 10% and 15%.
• Since 2002, 20% to 25% of Lonmin’s workforce has been contract
workers; the proportion grew to over 30% in response to the 2008-2009
crisis.
• In the platinum industry there is no accurate reporting of contract worker
numbers and their wages. This is in breach of the legislation.
8. Wages
• The past year shows that the level of mine worker incomes is a crucial
factor for social and political sustainability.
• The wordy SDRs are completely silent on this issue.
• Rough calculations indicate cuts in average pay increases per Lonmin
employee between 2009 and 2011, probably as a result of the contract
worker strategy.
•
Lonmin SDRs tell us something about the division of value added between
shareholders and workers:
– During the good times for shareholders, 30% of value added accrued to
wages and 70% to shareholders
– In times when new value production decreased, the wage share increased to
70%.
– The wage share of value added for the whole industry has been stable at a
very low 30% since 2002.
9. Payments to others
• Shareholders: from 2003 to 2012, US$ 847 million (about R6 billion) was
paid out in dividends to Lonmin shareholders.
– It included US$ 31 million in the Marikana year of 2012.
– No dividends were paid in 2009 or 2010
– The 2012 level of 3% of value added is low compared with pre-crisis levels.
• The State: The portion of the value added paid to the state in corporate
taxes dropped from over 16% in 2007 to less than 4% in 2010 and just
over 2% in 2011.
• Directors: Lonmin is not a leader in the Executive pay race, but it would
take an average worker 325 years to earn the value of the CEO’s
remuneration.
10. Social capital
• The “social capital” amount reported in the SDRs was less than the
amount paid to the Directors until 2010.
– The directors have numbered between 9 and 12 individuals.
– The community for the “social capital” spending is tens of thousands of
individuals.
• In the SDRs, Lonmin commits to 1% of pre-tax profits on “Social Capital”. It
is hard to pin down what this was spent on:
– The total sum spent on community projects is less than half that figure
– Between 2003 and 2007 most of the “social capital” amount went to the
Lonmin Community Trust Fund, which was then rapidly closed down.
– Later SDRs say the data for those years is not “available” or “applicable” for
“local economic development projects” and “approved SLP projects”.
12. Houses
• The SDRs contain many commitments on the provision of houses:
• to deliver 650 houses by March 2004, subsequently postponed to September 2005
• to start building another 2,000 houses in 2005
• to build 6,000 houses, in partnership with Rand Merchant Bank, by 2011
•
They also claim to have built:
• 650 houses in 2004
• 1,728 houses by 2011
• 1,149 houses by 2012
• In reality Lonmin has itself built 1,149 houses in 1999 and no houses since.
• The company has struggled to find employees who want to live in the houses
it has built. By September 2012, only 242 title deeds had been transferred.
• Commitments under the Mining Charter have not been met, but there have
been no sanctions.
13. Hostels
• Lonmin has made many commitments on hostels:
– In 1999 to “eliminate the single sex hostel living”.
– In 2006, to “convert” all hostels to family or bachelor “units” by 2011.
– In 2012, to complete conversions by 2014.
• The SDRs quote different numbers of hostels to start with:
– Between 2003 and 2010, the number used is 114
– In 2012 that number is changed to 128, or to 146 depending on the
document.
– There is no explanation.
• In practice, according to the SDRs, Lonmin has completed 79 hostel
conversions, although in 2012 the number given is 97.
• Lonmin says the aim of the hostel conversions is to “address the housing
shortage”
• But 8 beds in the hostels only convert into 2 to 3 beds in the new housing
“units”.
• The hostel conversions trigger growth of the informal settlements.
15. What the community thinks
• From 2004 to 2008 Lonmin seemed to understand that both objective
measurement and subjective experience are important. They surveyed
“community perception”.
• From 2009, Lonmin abandoned its survey of “community perception”.
• It looks like this happened when successive surveys showed no
improvement.
16. Dust
• The 2004 SDR commits the company to meet “air quality permit
requirements”.
• But the SDRs all contain admissions of exceeding the limits set by the
permit.
• A new Air Quality Act changed the measurement in 2005 to one that was
less onerous. It contained different limits for residential and industrial
areas.
• Lonmin has exceeded both residential and industrial dust pollution limits
every year up to 2012. On average, the SDRs report 90% compliance with
the permit.
• No sanctions are reported.
17. Sulphur Dioxide
• Lonmin has consistently exceeded permitted limits; the limits have twice
been increased; Lonmin has then exceeded the increased limits.
• In 2003 Lonmin emitted more than eight and a half times the limit of 4.8
tonnes per day.
• In 2006, the company was compliant because of the first of the
unexplained increases in the legal limit from 4.8 to 8.3 tonnes per day.
• In each of the following 3 years, Lonmin was in breach of the new limit.
• In 2011 the limit was increased again to 17.9 tonnes (more than 3 times
the original limit) and Lonmin seemed to have got the increases under
control.
• By 2012 the emissions have decreased to just above the previous, lower
limit of 8.3 tonnes.
18. From air pollution to water pollution
• Every year “unplanned discharges” into rivers have occurred. Every year
the SDRs report new measures to prevent this.
• Since 2004 Lonmin has used a scrubbing plant to reduce the sulphur
dioxide emissions. But “the capture of SO2 has resulted in the generation
of calcium sulphite as a waste product”. Provisional dams for this waste
product have started to leak.
• The more effective Lonmin is in combatting its sulphur dioxide emissions
in the air, the more calcium sulphite it produces on the ground.
• An option of conversion of the sludge into gypsum for cement production
awaits the company’s assessment as to its profitability.
20. Conclusions
•
•
•
Ten years of Lonmin Sustainable Development Reports are a
narrative of broken promises and worthless commitments to
improve.
Lonmin has failed to seriously address the housing crisis of its
employees.
Lonmin has made little or no progress in its environmental impact:
– Dust emissions have constantly exceeded statutory limits
– Constant increases in suplhur dioxide emissions have only been reduced at the
expense of ground water pollution.
• Lonmin is a company intent on extracting minerals at the cost of
communities’ health and welfare. Serious social problems are the
consequence of its lack of social responsibility.
21. Recommendations: for the industry as a whole
• Lonmin asserts that it is “best in class” and has been publicly recognised as
an industry leader in the social development field.
• So if Lonmin is committing offences and failing to honour its
commitments, it is likely that many other companies are doing so too.
• For that reason, we do not limit our recommendations to Lonmin itself.
We believe that this report provides sufficient evidence for action to be
taken in the industry as a whole.
22. Recommendation 1: Contract workers
• Reporting in the industry on employment of contract workers is unreliable
and inaccurate. In our view, there will be no sustainable mining industry in
South Africa without a sustainable human resource strategy. It is
impossible to develop that strategy without accurate information.
DMR must enforce accurate reporting on employment of
contract workers in the industry by putting in place a
well-resourced monitoring and auditing system and
punishing inaccurate reporting.
The use of extremely low paid contract workers in
regular production must be abandoned by the industry.
23. Failure to comply with the Mining Charter
• Lonmin is clearly violating its commitments in the Mining Charter to:
• “implement measures to improve the standards of housing and living
conditions for mineworkers…”.
• “Implement environmental management systems that focus on continuous
improvement to review, prevent, mitigate adverse environmental impact”.
• “Provide for the save [sic] storage and disposal of residual waste and process
residues”.
• The Minister has the power to “cancel or suspend any….mining right,
mining permit or retention permit”.
24. Recommendation 2: Mining Charter compliance
The Department of Mineral Resources must use the powers it has from the Mining
Charter and the MPRDA to enforce the provisions of the Mining Charter regarding
environmental protection and housing. This should include:
•A clear, rapid, enforceable process to provide decent, affordable housing to all workers in the
industry.
•Implementation of clear, measurable, common standards for environmental measurement and
protection across the industry.
•Allocation of sufficient resources, including human resources, to ensure effective oversight.
•Enforcement of an immediate clean-up, at the companies’ expense, of all environmental
damage.
Further research must be done to answer the question why the authorities don’t
enforce the Charter and the MPRDA regulations.
25. Recommendation 3: Codes of Good Practice compliance
•
•
The codes require companies to spend 1% of net profit after tax on
“mine community and rural development”. There is serious doubt
that Lonmin is doing this.
Breach of the codes empowers the minister to withdraw a license
The DMR must:
– Immediately audit the 1% declarations of companies in the
industry and prosecute offenders.
– Reinforce its auditing procedures for compliance with the 1%
spending to prevent evasion in the future.
26. Recommendation 4: False Reporting
•
•
False reporting is an offence under the MPRDA
There is at least prima facie evidence that Lonmin has submitted
inaccurate information - it is unlikely that Lonmin has been reporting
different things in its SDRs from its reports to DMR.
The DMR must:
– Immediately audit the SDRs of all major mining
companies, compare the results with reports submitted
to the DMR itself and prosecute offenders.
– Institute auditing of companies’ SDRs as a standard
part of monitoring the quality of reporting it receives.
– Require that companies incorporate worker incomes
into sustainability reporting as is the case in the
Northern hemisphere.
27. A final word
•
Companies which inflict damage on a society and the environment represent a danger.
This is a critical issue which any state must confront.
•
For larger companies, state regulation may not be enough. If a large company
consistently fails to comply with laws, the risk to society and the natural environment
can be too great and nationalisation becomes an immediate option.
•
These failures are evident in the South African mining industry. This hard reality,
together with the programmatic heritage from the liberation struggle, is perhaps also
why it is so hard to silence the call for nationalisation of the mines.
•
To lead a socially, environmentally and politically unsustainable industrial project is to
accumulate pollution, sickness and anger among the many, in the project and in its
surroundings. This happens through many small and large transgressions.
•
There are no excuses. There are only culprits and victims; there is only the arrogance of
power, with community members and workers suffering the consequences.