Mov­ing from a so­cial li­cence to a so­cial in­vest­ment to op­er­ate

This will re­quire em­brac­ing new ways of un­der­stand­ing value

Mail & Guardian - - Shared Value In Mining -

A so­cial in­vest­ment to op­er­ate changes that re­al­ity. The hy­poth­e­sis is that dif­fer­ent in­vestors in any new en­ter­prise: agri­cul­ture, wa­ter, se­cu­rity, man­u­fac­tur­ing, tra­di­tional medicine, bird watch­ing, so­lar en­ergy, eco­tourism, writ­ing ex­pe­di­tions, food pro­cess­ing — these in­vestors change the abil­ity of com­mu­ni­ties to nav­i­gate a shared de­vel­op­ment of their destiny.

The con­cept of shared value re­quires a sin­cere in­vest­ment in ex­plor­ing ways of em­brac­ing new forms of power. This means that peo­ple liv­ing in min­ing ar­eas and reg­u­la­tors need to cre­ate an en­vi­ron­ment that is con­ducive for a vi­brant and cre­ative eco­nomic con­ver­sa­tion. Com­pa­nies also need to see po­ten­tial beyond re­source ex­trac­tion and de­vel­op­ment to al­low for the re­al­i­sa­tion of eco­nomic po­ten­tial in other ar­eas. For this to hap­pen, com­pa­nies must use their net­work to bring dif­fer­ent in­vestors and dis­rup­tors to the ta­ble. What if min­ing be­came an im­pact in­vest­ment?

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