In the global arena,there is a growing expectation that resource companies should contribute positively to the long-term development of impacted communities, regions and nations. For some countries this expectation has been expressed as a regulatory condition in which companies are formally required to engage in delivering social and economic benefits. In other instances, benefits are negotiated voluntarily between companies and local stakeholders as part of a broader commitment to Corporate Social Responsibility(CSR) principles.

Good Practice Note: Community Development Agreements

Resource Key: GMBFI3UK

Document Type: Report

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  • EI Sourcebook

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Date: 2011

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In the global arena,there is a growing expectation that resource companies should contribute positively to the long-term development of impacted communities, regions and nations. For some countries this expectation has been expressed as a regulatory condition in which companies are formally required to engage in delivering social and economic benefits. In other instances, benefits are negotiated voluntarily between companies and local stakeholders as part of a broader commitment to Corporate Social Responsibility(CSR) principles.

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