BSR Insight | The Economic Implications of Resource Scarcity
Last week in Toronto, Canada, the World Economic Forum hosted a roundtable on the role of capital and investment in shaping the future of natural resource availability. Participants from mining, agriculture, government, and the investment community discussed how corporate responsibility—and issues such as transparency and local economic development in particular—have created additional costs associated with resource extraction, distribution, and consumption. In particular, attendees emphasized the importance of investing in people to increase their CSR knowledge.
“CSR is an extremely complex area when it comes to resource extraction. People looking in from the outside don’t have a sense of the complexity. We’re trying to figure out how to put it all together and what the key tradeoffs are going to be in terms of building in the extra costs, getting the right people, and time to do it right.”
—Roundtable participant (July 28, 2011)
About the Author(s)
Linda Hwang, Former Manager, Research
Share Your Thoughts
Please note, all comments are subject to moderation.