Dear GOXI Colleagues
We would like to share with you new research about the costs mining, oil and gas companies experience when they come into conflict with communities. The research was published this week in the Proceedings of the National Academy of Sciences and as an extended report for the Harvard Kennedy School:
Franks, DM, Davis, R, Bebbington, AJ, Ali, SH, Kemp, D, Scurrah, M. 2014. Conflict translates environmental and social risk into business costs, Proceedings of the National Academy of Sciences.http://www.pnas.org/cgi/doi/10.1073/pnas.1405135111
Davis, Rachel and Daniel M. Franks. 2014. “Costs of Company-Community Conflict in the Extractive Sector.” Corporate Social Responsibility Initiative Report No. 66. Cambridge, MA: Harvard Kennedy School. http://www.hks.harvard.edu/m-rcbg/CSRI/research/Costs%20of%20Conflict_Davis%20%20Franks.pdf
Please feel welcome to share both papers amongst your networks (they are both open access). We would also encourage you to share your response to the research in social media (using the hashtag #conflictcosts). You may also find interest some of the media accompanying the release:
Wall Street Journal: http://online.wsj.com/news/articles/SB10001424052702303851804579558102578127642
Courier Mail: http://www.couriermail.com.au/business/uq-study-tells-mining-companies-that-they-face-losses-if-they-dont-engage-with-communities/story-fnihsps3-1226915158611
Thomson Reuters: http://www.trust.org/item/20140512173856-67sdr/?source=shtw
ABC Online: http://www.abc.net.au/science/articles/2014/05/13/4001524.htm
More information is also available on the CSRM website: https://www.csrm.uq.edu.au/news/conflict-costs
Sincerely,
Dr Daniel Franks | Deputy Director – Strategy and Mineral Policy
Centre for Social Responsibility in Mining
Co-chair Social Impact Assessment - International Association for Impact Assessment
Sustainable Minerals Institute | The University of Queensland | Brisbane, QLD, 4072 AUSTRALIA
T: +61 7 3346 3164 | F: +61 7 3346 4045 | M: +61 4 01 451 454 | E: d.franks@uq.edu.au W: http://www.csrm.uq.edu.au http://www.smi.uq.edu.au
Twitter: @resourceafflict
More about me: https://www.csrm.uq.edu.au/people/daniel-franks
CRICOS Provider Code: 00025B