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The United Nations Global Compact International Yearbook 2013

image of The United Nations Global Compact International Yearbook 2013
The aim of the Global Compact International Yearbook is to create a global overview of the achievements of the UN Global Compact (UNGC). The book offers proactive and in-depth information on key sustainability issues to stakeholders around the world and promotes unique and comprehensive knowledge exchange and learning in the spirit of the Global Compact principles. Thus the publication helps to advance transparency, promotes the sharing of best-practices, and, perhaps most significantly, gives a strong voice to the regional and global actors that are at the heart of the initiative. Core issues of the 2013 edition include Stakeholder Management, Integrated Reporting, CSR in Africa, and Climate Chance.

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CSR and development in Africa

The issue of corporate social responsibility (CSR), as it relates to the mining sector, has emerged in a particular historical context. Several decades of reform that liberalized regulatory frameworks and mining codes in mineral-rich countries of Africa in order to encourage investment has contributed to redefining the role and functions of mineral-rich states, as well as contributed to the shift of what were formerly considered state functions to private actors – often large transnational mining companies. In the context of the weakened institutional and political capacities of states – and consequently of their weakened capacity to pursue developmental objectives, to enforce regulations in areas of key importance to communities, and to meet national economic objectives, along with the trend of transferring public responsibilities to private actors – issues of legitimacy have emerged about the operations of mining companies themselves. Such a redefinition of spheres of authority and responsibility in situations of declining public resources – compounded by the fact that mineral-rich states have become less able to ensure the needed monitoring, follow-up, and, if necessary, bring in remedial measures –has called into question the regulatory role of states, hence creating a legitimacy gap, which inevitably impacts on the activities of mining enterprises.

English

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