1. OECD Due Diligence Guidance for Meaningful Stakeholder Engagement in the Extractive Sector
The “OECD Due Diligence Guidance for Meaningful Stakeholder Engagement in the Extractive Sector” guide provides practical guidance to mining, oil and gas enterprises in addressing the challenges related to stakeholder engagement. This guidance is part of the work the Organisation for Economic Co-operation and Development (OECD) undertakes to implement the “OECD Guidelines for Multinational Enterprises”. 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.
2. Emerging Practices in Community Development Agreements produced by Columbia Center on Sustainable Investment
This brief reviews existing research on Community Development Agreements (CDAs), as well as available agreements from the extractive sector in Australia, Canada, Laos, Papua New Guinea, Ghana and Greenland, to highlight these leading practices. CDAs can be a vital mechanism for ensuring that local communities benefit from large-scale investment projects, such as mines or forestry concessions. The most effective CDAs are also adapted to the local context, meaning that no single model agreement or process will be appropriate in every situation. Nonetheless, leading practices are emerging which can be required by governments or voluntarily adopted by companies and communities.