The need for a social license to operate
Services
Risk Management System
Social License assist you integrating social risk management into your existing ERM-system based on international best industry practices (e.g. IFC) with key elements including policy; identification and quantification of risks and impacts; management programs; organizational capacity; stakeholder engagement and monitoring and review.
External Engagement
Knowing who your important stakeholders are and understanding their values, beliefs and opinions is essential, as well as in which cultural context they operate, what historical or cumulative impacts are relevant and what their relation and coalition power is. Social License delivers deep insight and a legitimate and effective selection of social representatives.
Training
Your internal stakeholders may have different views on the necessity and ways to manage public acceptance for your complex project.
Social License offer trainings on Social Impact Assessment, Stakeholder Engagement and Social Risk Management Systems in line with industry best practices and with the latest academic insights.
THE THEORY BEHIND THE SOCIAL LICENSE
Bridging the gap
Latest News
Corporate Social Innovation
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 […]
BP Vice President speech on SLtO
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 […]
PWC Chemical Industry analysis 2015
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