Sustainability Report
COPPER MINE DISPUTE: CORPORATE SOCIAL RESPONSIBILITY CONSIDERATION
Prepared for Myanmar Holding Company
Table of content
Executive Summary 3
1. Introduction 4
2. Background 4
3. Issues and Problems 4
3.1 Social cost of local community 4
3.2 Environmental cost 5
3.3 Lack of transparency 5
4. Discussion 5
4.1 Social responsibility of the company 5
4.2 Environmental responsibility of the company 7
4.3 Economic benefits to local community and state 7
4.4 Sustainable business 8
5. Recommendations 8
6. Implementation 10
Appendices
A. Implementation plan 11
References 12
Executive Summary
The report provides underlying causes, and ways to manage to solve the problem based on the dispute between Myanmar Holding Company and local community. It is prepared for the company CEO as the board of directors decided to review and analyses the current situation with recommendations for the problem solving. The necessary information is collected from local newspapers and report of state inquiry commission for that matter.
At present, the company has temporarily suspended its operation as local community protest become intense. The main issues raised during the protest are directly related to social cost, environmental cost and lack of transparency on the process from contract with the government to implementing. Therefore, in order to alleviate this dispute with local community and sustain the business, the company needs to take an account on social, environmental and economic impact in the area it operates. It is also important not to denude the natural capitals for the future generation.
To be a sustainable business and good
Prepared for Myanmar Holding Company
Table of content
Executive Summary 3
1. Introduction 4
2. Background 4
3. Issues and Problems 4
3.1 Social cost of local community 4
3.2 Environmental cost 5
3.3 Lack of transparency 5
4. Discussion 5
4.1 Social responsibility of the company 5
4.2 Environmental responsibility of the company 7
4.3 Economic benefits to local community and state 7
4.4 Sustainable business 8
5. Recommendations 8
6. Implementation 10
Appendices
A. Implementation plan 11
References 12
Executive Summary
The report provides underlying causes, and ways to manage to solve the problem based on the dispute between Myanmar Holding Company and local community. It is prepared for the company CEO as the board of directors decided to review and analyses the current situation with recommendations for the problem solving. The necessary information is collected from local newspapers and report of state inquiry commission for that matter.
At present, the company has temporarily suspended its operation as local community protest become intense. The main issues raised during the protest are directly related to social cost, environmental cost and lack of transparency on the process from contract with the government to implementing. Therefore, in order to alleviate this dispute with local community and sustain the business, the company needs to take an account on social, environmental and economic impact in the area it operates. It is also important not to denude the natural capitals for the future generation.
To be a sustainable business and good
References: Crowther, D., & Aras, G. (2010). Corporate Social Responsibility: Part I – Principles, Stakeholders & Sustainability, Ventus Publishing ApS, pp.27 Dudka, S. and Adriano, C.D. (1995), Environmental Impact of Metal Ore Mining and processing: A Review. Journal of Environmental Quality, 26(3), p.590-602. Retrieved from https://www.crops.org/publications/jeq/abstracts/26/3/JEQ0260030590 Inquiry Commission, Union of Myanmar. (2013, March, 12). Final report of inquiry commission on copper mine project, Letpadaung mountain, Monywa district, Sagaing Division. Yadanapon, pp.11-12. Retrieved from http://www.yadanaponnewspaper.blogspot.com McKenzie, S. (2004). Social Sustainability: Towards Some Definition. pp. 12. Retrieved from http://w3.unisa.edu.au/hawkeinstitute/publications/downloads/wp27.pdf Mratt Kyaw Thu. (2012, September, 17). Sagaing Region Government cannot stop copper mine project: minister. Mizzima news. Retrieved from http://www.mizzima.com/news/inside-burma/8025-sagaing-region-government-cannot-stop-copper-mine-project-minister.html Richardson, S. M. (2012). Environmental sustainability: A direction. Pollution Engineering, 44(11), 22. Wei, N. (2012). Demystifying environmental sustainability. Pollution Engineering, 44(8), 30. Wells, G. (2011). Sustainability in Australian Business, fundamental principles and practice. First published by John Wiley & Sons Australia, Ltd Wikipedia. (2013). Copper extraction technique. Retrieved from http://en.wikipedia.org/wiki/Copper_extraction_techniques Yasser, Q.R. (2011). Corporate Citizenship: a new peak. Retrieved from http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1828602