corporate engagement our corporate engagement program builds the cultural bridge between companies...
TRANSCRIPT
![Page 1: Corporate Engagement Our corporate engagement program builds the cultural bridge between companies and Indigenous Peoples and makes the business case for](https://reader030.vdocuments.us/reader030/viewer/2022032607/56649ebf5503460f94bca0c0/html5/thumbnails/1.jpg)
1
Corporate EngagementOur corporate engagement program builds the cultural bridge between companies and Indigenous Peoples and makes the business case for respecting and upholding Indigenous Peoples’ rights.
Keepers of the EarthOur Keepers of the Earth Fund provides grants directly to Indigenous-led development projects. Since 2007, we’ve given $1.9 million in grants to hundreds of Indigenous communities across 60 countries.
+
First Peoples Worldwide builds upon a foundation of Indigenous values and rights to achieve a sustainable future for all
![Page 2: Corporate Engagement Our corporate engagement program builds the cultural bridge between companies and Indigenous Peoples and makes the business case for](https://reader030.vdocuments.us/reader030/viewer/2022032607/56649ebf5503460f94bca0c0/html5/thumbnails/2.jpg)
2
First Peoples’ Network of Indigenous Grantees
![Page 3: Corporate Engagement Our corporate engagement program builds the cultural bridge between companies and Indigenous Peoples and makes the business case for](https://reader030.vdocuments.us/reader030/viewer/2022032607/56649ebf5503460f94bca0c0/html5/thumbnails/3.jpg)
Current Situation
Minas Conga (Peru)$4.8 billion investment
Ongoing community resistance linked to police violence and up to 16 deaths
Suspended in 2011; Further development contingent upon local community support
http://www.bnamericas.com/news/mining/peru-arrests-opponent-of-newmonts-minas-conga-projecthttp://www.ft.com/intl/cms/s/0/a448ade4-661d-11e2-bb67-00144feab49a.html?siteedition=intl#axzz3695iRuwthttp://newmont.q4web.com/files/2014/Fiscal%20Year%20End/2013%20Annual%20Report_full%20report_FINAL_v001_x688hv.PDF
![Page 4: Corporate Engagement Our corporate engagement program builds the cultural bridge between companies and Indigenous Peoples and makes the business case for](https://reader030.vdocuments.us/reader030/viewer/2022032607/56649ebf5503460f94bca0c0/html5/thumbnails/4.jpg)
Niger Delta (Nigeria)Community opposition takes militant form
Several companies tried for murder in US courts; found not guilty
Oil production declined 28 percent between 2006 and 2009 due to attacks on oil facilities
http://www.bnamericas.com/news/mining/peru-arrests-opponent-of-newmonts-minas-conga-projecthttp://www.ft.com/intl/cms/s/0/a448ade4-661d-11e2-bb67-00144feab49a.html?siteedition=intl#axzz3695iRuwthttp://newmont.q4web.com/files/2014/Fiscal%20Year%20End/2013%20Annual%20Report_full%20report_FINAL_v001_x688hv.PDF
Current Situation
![Page 5: Corporate Engagement Our corporate engagement program builds the cultural bridge between companies and Indigenous Peoples and makes the business case for](https://reader030.vdocuments.us/reader030/viewer/2022032607/56649ebf5503460f94bca0c0/html5/thumbnails/5.jpg)
Keystone XL Pipeline (US)Failure to obtain social license increased capital costs by $2.5 billion
Coalition of resistance formed by communities, environmentalists, federal and state politicians
Federal approval still pending; costs likely to climb
http://www.reuters.com/article/2014/11/04/transcanada-results-idUSL4N0SU5W320141104
Companies are Losing their Social License
![Page 6: Corporate Engagement Our corporate engagement program builds the cultural bridge between companies and Indigenous Peoples and makes the business case for](https://reader030.vdocuments.us/reader030/viewer/2022032607/56649ebf5503460f94bca0c0/html5/thumbnails/6.jpg)
6
1 week shutdown costsUS$20-30 million
![Page 7: Corporate Engagement Our corporate engagement program builds the cultural bridge between companies and Indigenous Peoples and makes the business case for](https://reader030.vdocuments.us/reader030/viewer/2022032607/56649ebf5503460f94bca0c0/html5/thumbnails/7.jpg)
7
Time to bring oil projectsonline doubled in last decade
![Page 8: Corporate Engagement Our corporate engagement program builds the cultural bridge between companies and Indigenous Peoples and makes the business case for](https://reader030.vdocuments.us/reader030/viewer/2022032607/56649ebf5503460f94bca0c0/html5/thumbnails/8.jpg)
8
73% of delays are from non-technical risks
![Page 9: Corporate Engagement Our corporate engagement program builds the cultural bridge between companies and Indigenous Peoples and makes the business case for](https://reader030.vdocuments.us/reader030/viewer/2022032607/56649ebf5503460f94bca0c0/html5/thumbnails/9.jpg)
9
Why do Indigenous Peoples matter?
![Page 10: Corporate Engagement Our corporate engagement program builds the cultural bridge between companies and Indigenous Peoples and makes the business case for](https://reader030.vdocuments.us/reader030/viewer/2022032607/56649ebf5503460f94bca0c0/html5/thumbnails/10.jpg)
10
The legal trajectory for Indigenous Peoples’ rights is global
![Page 11: Corporate Engagement Our corporate engagement program builds the cultural bridge between companies and Indigenous Peoples and makes the business case for](https://reader030.vdocuments.us/reader030/viewer/2022032607/56649ebf5503460f94bca0c0/html5/thumbnails/11.jpg)
![Page 12: Corporate Engagement Our corporate engagement program builds the cultural bridge between companies and Indigenous Peoples and makes the business case for](https://reader030.vdocuments.us/reader030/viewer/2022032607/56649ebf5503460f94bca0c0/html5/thumbnails/12.jpg)
12
Connection between a company’s social and financial performance
getting stronger
![Page 13: Corporate Engagement Our corporate engagement program builds the cultural bridge between companies and Indigenous Peoples and makes the business case for](https://reader030.vdocuments.us/reader030/viewer/2022032607/56649ebf5503460f94bca0c0/html5/thumbnails/13.jpg)
13
• Invested US$37 million in New Brunswick
• $28.2 million invested in exploration program through December 2012
Look at Southwestern Energy...
![Page 14: Corporate Engagement Our corporate engagement program builds the cultural bridge between companies and Indigenous Peoples and makes the business case for](https://reader030.vdocuments.us/reader030/viewer/2022032607/56649ebf5503460f94bca0c0/html5/thumbnails/14.jpg)
14
October 6, 2013
Analyst report
Southwestern “looks like a great long-term investment” and “it is a low political risk company.”
Source: http://seekingalpha.com/article/1730992-southwestern-energy-looks-like-a-great-long-term-investment
![Page 15: Corporate Engagement Our corporate engagement program builds the cultural bridge between companies and Indigenous Peoples and makes the business case for](https://reader030.vdocuments.us/reader030/viewer/2022032607/56649ebf5503460f94bca0c0/html5/thumbnails/15.jpg)
15
October 17, 2013
Blockade turns violent
![Page 16: Corporate Engagement Our corporate engagement program builds the cultural bridge between companies and Indigenous Peoples and makes the business case for](https://reader030.vdocuments.us/reader030/viewer/2022032607/56649ebf5503460f94bca0c0/html5/thumbnails/16.jpg)
16
October 17, 2013October 17, 2013
40 protestors arrested
![Page 17: Corporate Engagement Our corporate engagement program builds the cultural bridge between companies and Indigenous Peoples and makes the business case for](https://reader030.vdocuments.us/reader030/viewer/2022032607/56649ebf5503460f94bca0c0/html5/thumbnails/17.jpg)
17
Cost to Southwestern Energy
$60,000
a day
![Page 18: Corporate Engagement Our corporate engagement program builds the cultural bridge between companies and Indigenous Peoples and makes the business case for](https://reader030.vdocuments.us/reader030/viewer/2022032607/56649ebf5503460f94bca0c0/html5/thumbnails/18.jpg)
18
We are making the financial case for Indigenous Peoples’ rights
![Page 19: Corporate Engagement Our corporate engagement program builds the cultural bridge between companies and Indigenous Peoples and makes the business case for](https://reader030.vdocuments.us/reader030/viewer/2022032607/56649ebf5503460f94bca0c0/html5/thumbnails/19.jpg)
Indigenous Rights Risk Report
Identified 52 oil, gas, and mining companies’ overlap with Indigenous lands
Assessed 330 projects’ risk exposure to Indigenous Peoples’ rights
89 percent of projects posed high or medium risk to companies and their shareholders
![Page 20: Corporate Engagement Our corporate engagement program builds the cultural bridge between companies and Indigenous Peoples and makes the business case for](https://reader030.vdocuments.us/reader030/viewer/2022032607/56649ebf5503460f94bca0c0/html5/thumbnails/20.jpg)
Methodology
Country Risk (20%)Reputation Risk (20%)Community Risk (25%)Legal Risk (5%)Risk Management (30%)
![Page 21: Corporate Engagement Our corporate engagement program builds the cultural bridge between companies and Indigenous Peoples and makes the business case for](https://reader030.vdocuments.us/reader030/viewer/2022032607/56649ebf5503460f94bca0c0/html5/thumbnails/21.jpg)
21
Corporate overlap with Indigenous lands is growing
![Page 22: Corporate Engagement Our corporate engagement program builds the cultural bridge between companies and Indigenous Peoples and makes the business case for](https://reader030.vdocuments.us/reader030/viewer/2022032607/56649ebf5503460f94bca0c0/html5/thumbnails/22.jpg)
22
Percentage of overlap with Indigenous Peoples
39%
production
46%
reserves
![Page 23: Corporate Engagement Our corporate engagement program builds the cultural bridge between companies and Indigenous Peoples and makes the business case for](https://reader030.vdocuments.us/reader030/viewer/2022032607/56649ebf5503460f94bca0c0/html5/thumbnails/23.jpg)
23
Companies have no board oversight of social risks
![Page 24: Corporate Engagement Our corporate engagement program builds the cultural bridge between companies and Indigenous Peoples and makes the business case for](https://reader030.vdocuments.us/reader030/viewer/2022032607/56649ebf5503460f94bca0c0/html5/thumbnails/24.jpg)
24
Country Risk drives corporate risk upward
![Page 25: Corporate Engagement Our corporate engagement program builds the cultural bridge between companies and Indigenous Peoples and makes the business case for](https://reader030.vdocuments.us/reader030/viewer/2022032607/56649ebf5503460f94bca0c0/html5/thumbnails/25.jpg)
High Risk Countries Medium Risk Countries Low Risk Countries0
10
20
30
40
50
60
70
80
High RiskMedium RiskLow Risk
Country Risk
![Page 26: Corporate Engagement Our corporate engagement program builds the cultural bridge between companies and Indigenous Peoples and makes the business case for](https://reader030.vdocuments.us/reader030/viewer/2022032607/56649ebf5503460f94bca0c0/html5/thumbnails/26.jpg)
26
Companies are being held accountable to cumulative impacts
![Page 27: Corporate Engagement Our corporate engagement program builds the cultural bridge between companies and Indigenous Peoples and makes the business case for](https://reader030.vdocuments.us/reader030/viewer/2022032607/56649ebf5503460f94bca0c0/html5/thumbnails/27.jpg)
27
![Page 28: Corporate Engagement Our corporate engagement program builds the cultural bridge between companies and Indigenous Peoples and makes the business case for](https://reader030.vdocuments.us/reader030/viewer/2022032607/56649ebf5503460f94bca0c0/html5/thumbnails/28.jpg)
Access the Report
Executive Summaryhttp://firstpeoples.org/indigenous-rights-risk-report
Scorecardshttp://firstpeoples.org/wp