From the World Economic Forum The business world is increasingly taking note of the risks and opportunities posed by social and environmental issues for business sustainability and competitiveness. For the first time, the 2015 Harvard Business Review ranking of the top 100 performing CEOs in the world – a measure aimed at evaluating long-term performance […]
Dev Sanyal, Executive Vice President and Group Chief of Staff of BP spoke in November 2012 about obtaining a social licence to operate. He believes that the social licence to operate broadly equates to trust. A company such as BP needs to be trusted in several ways – trusted to deliver the energy to drive economic growth […]
According to a 2015 report on the Chemical Industry by Price WaterHouse Coopers, 68% of the chemical industry respondents expect geopolitical and social unrest is a challenge, compared to 44% of other respondents The report can be found here
Ernst & Young qualifies the Social License to Operate as the fifth business risk for mining companies, according to their 2016 Mining Report A link to the report can be found here
According to the Trust in Energy 2015 report by Edelman, the Energy sector is the most targeted industry sector by activists. Chemicals are on the 4th and Mining / Metals on the 5th position. The presentation can be found here On slide #19 you find that most targeted energy companies are Shell (#2), TransCanada (#3), […]
Edelman started measuring trust in 2000 and currently executes this yearly survey with more than 33.000 respondents in 28 countries. Highlights from the 2016 presentation, which can be viewed here : distrusted companies have more difficulties with selling products, are criticized more often and negative opinions are more often shared, and shares are more often sold. […]