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Environment

Comment: environment

June 01 2002

by Briefing staff
Comment

Activist campaigning has typically focused on individual brands. The reasons for so doing are obvious enough. It increases the chances of publicity, it keeps the campaign message simple, and - most importantly - it's premised on the idea that the vilified company has a responsibility to take action. The private sector has typically adopted a similar individualistic approach. Even the Global Reporting Initiative, which is pushing for a cross-industry standard, focuses exclusively on single company reports.

Yet the issues companies are grappling with - and which the campaigners are calling on them to resolve - often lie way beyond the capacity of any single company. There are also very real limitations to what an individual company can do in a competitive environment, where disproportionate costs will render a company's economic model unsustainable.

So the move by the mining and extractive industries, initiated over two years ago, to look collectively at the macro issue of sustainable development is a welcome sight. The final report makes interesting reading in that it provides an integrated framework and vision for the mineral sector as a whole. The call for collective action and co-operation opens the door for similar industry level initiatives in the future.