ABSTRACT
This chapter discusses a number of major problems associated with this risk and cost minimisation approach. It considers what is needed to develop a different approach to corporate social responsibility (CSR) that is less reactive to short-term risk and recognises the potential for creating value and contributing to sustainable development. The chapter describes that the analyses of the CSR policies and activities in the context of relations with indigenous communities in Australia and Canada indicates that in many cases they are characterised by a preoccupation with cost minimisation. It focuses on securing initial project approvals rather than on building positive, long-term relationships with affected communities. Aboriginal peoples are often in a unique position to assist mining companies in minimising negative environmental impacts and in returning mine sites to acceptable environmental standards. The chapter describes that developing an approach to CSR that focuses more on value creation, sustainability and management of long-term risk requires substantial innovation by the mining industry.
