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Governing the Extractive Sector: Regulating the Foreign Conduct of International Mining Firms

Governing the Extractive Sector: Regulating the Foreign Conduct of International Mining Firms

Name: Governing the Extractive Sector: Regulating the Foreign Conduct of International Mining Firms
Brand: Hart Publishing
SKU: 9781509944750
Price: 479.05 HKD
Availability: InStock
Author: Jeffrey Bone
ISBN: 9781509944750

By Jeffrey Bone

Hart Publishing October 2022

Specifications

ISBN-13: 9781509944750
Publisher: Hart Publishing
Publication: October 2022
Format: Paperback
Jurisdiction: U.K. ? Countri(es) for reference only

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This book considers, and offers solutions to, the problems faced by local communities and the environment with respect to global mining.

The author explores the idea of grievance mechanisms in the home states of the major mining conglomerates. These grievance mechanisms should be functional, pragmatic and effective at resolving disputes between mining enterprises and impacted communities. The key to this provocative solution is twofold: the proposal harnesses the power of industry-sponsored dispute mechanisms to reduce the costs and other burdens on home state governments and judicial systems. Critically, civil society actors will be given a role as both advocates and mediators in order to achieve a fair result for those impacted abroad by extractive enterprises.

Compelling, engaging and timely, this book presents an innovative approach for regulating the foreign conduct of the extractive sector.

PART I. THE PROBLEM PERSISTS

1. Dark History

I. Germs of Empires

II. The Extractive Sector at the Gates

A. Yanacocha

B. Bhopal

2. The Case for Civil Society and Corporate Actors

I. Civil Society: Origins and Impact

A. A Potential New Form of Medievalism

B. Social Licence for Business: Bestowed by Civil Society

II. Corporate Accountability, Responsibilities and Self-Governance

PART II. THE JUDICIAL AND NON-JUDICIAL APPROACH

3. Obstacles in Holding Corporations to Account

I. Justification for Home State Regulation

A. Limitations of International Regulation

B. Concerns with Host State Judicial Systems

II. Substantive and Procedural Hurdles

A. Limited Liability of Corporations

4. The United States

I. The Alien Tort Statute

A. Elusive History

B. Sosa

C. Kiobel

D. Involvement of Civil Society

5. Canada, the UK and Australia

I. Canada

II. United Kingdom

III. Australia

IV. Assessment of the Case Law

6. Utilising State-based and Civil Society Sponsored Mechanisms

I. Failing Solutions

II. Canada: Office of the CSR Counsellor

A. World Bank Group's Performance Standards

B. Voluntary Principles on Security and Human Rights

C. Global Reporting Initiative

D. OECD Guidelines for Multinational Enterprises

III. History of Failure

IV. The Canadian Ombudsperson for Responsible Enterprise

V. Oxfam Australia's Mining Ombudsman

A. Achievement of Limited Success

PART III. PROPOSAL

7. A New Policy Direction

I. Key Terms

II. Canada's Approach

III. Proposal: Framework for Reforming the Office of the CORE

A. Implementation of the Performance Guidelines

B. The Development of a Bounty Programme

C. Untapped Potential: Site-Level Grievance Mechanisms

D. Civil Society within the Regulatory Regimes of the Global Extractive Sector

E. Enforcement, Accountability and Compliance

F. Procedural Fairness and Judicial Review

G. Critique of the Proposal

8. Accountability, Effectiveness and Contrast

I. Testing Effectiveness of the Proposal under UN Guiding Principle 31

A. Legitimate

B. Accessible

C. Predictable

D. Equitable

E. Transparent

F. Rights-compatible

G. A Source of Continuous Learning

H. Based on Engagement and Dialogue

II. Role for Civil Society Actors and Corporate Self-Governance

III. Contrast and Approach

IV. Simons and Macklin's Proposal to Correct the 'Governance Gap'

V. Torrance's Proposal

VI. Proposal Set Out by the Canadian Network on Corporate Accountability

VII. Other Proposals

VIII. Contrast of the Various Proposals

IX. Concluding Thoughts

Appendix: Draft Operating Procedures for the Canadian Ombudsperson for Responsible Enterprise

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Governing the Extractive Sector: Regulating the Foreign Conduct of International Mining Firms

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