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The Americas case study

Page history last edited by femina 10 years, 12 months ago
  • Canadian companies have negative image in some Latin American countries; causing some to wear American lapels even though they are Canadian.
  • A lot of abuses being reported are related to security forces. 
  • Biggest competitor for Canada is China

 

  • Corporate Social Responsibility
  • Context of idea of how CSR arose
    • Emergence of language of corporate social responsibility
    • Mid 1990's --> CSR became serious issue for mining corporations (and other businesses)
    • Late 1990's--> change in rules with mining techniques (expanded in scope and scale)
      • became necessary for large amount of land and water (mining)
      • In Latin America: there is land issues, corruption, governance issues; thus companies had to deal with this
      • Keep in mind the context of how CSR emerged
    • Policy incoherence
    • Nature of corporate social responsibility is that it is voluntary
    • Laws that regulate flow of money and protect investments abroad
    • Growth of other competitors (India & China) will create a challenge for Canada
      • Adapt to the country (Brazil is different from other Latin American countries; not the same!)
      • Create community 

 

  • Mexican & Canadian relations
    • Perception of sovereignty  of natural resources  

 

  • Address competitive aspect of how contracts are being distributed 
  • Canadian corporations do not have the same means as other countries (like China)
    • Chinese mining companies tend to be more competitive than Canada
    • Many countries use tools that are not available to Canada
    • What about natural resources? Who should control it?
      • Canadian message: The company is there to help that country's government and country
    • Canadian companies have a policy of compromise 

 

  • Companies are competitive to attract capital 
  • Voluntary initiatives fail at the end of the day
  • Punishing corporations for non-compliance

 

  • Can logic of competitor lead to rising standards?
    • Huge problem with uneven playing fields, even with Canadian players
    • Some Canadian companies received NGO attacks
      • This led to a competitive disadvantage
    • Agreement that standards apply globally & country specific guidelines are needed

 

  •  Logic of competition 

 

  • Lay out with ETI & equator principles; where is China at? How can we address that need for global standards?
    • The Chinese have a straightforward business proposition 
    • There are some Chinese companies that do the right things 
    • There is a saying in Africa, "You can see which roads the Chinese have built because they are always straight."

 

  • Resolution to have annual hemispheric meeting to talk about private/public partnerships and get more exposure 
  • Government strategy 
    • Initiative between all sectors (not only extractives)
    • For example, in Mexico, Scotiabank has as much of a presence as the mining companies

 

 

 

 

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