{"id":1017,"date":"2012-03-29T14:50:12","date_gmt":"2012-03-29T14:50:12","guid":{"rendered":"https:\/\/earthsummit2012.stakeholderforum.org\/2012\/03\/29\/uk-listed-mining-companies-a-the-case-for-stricter-oversight\/"},"modified":"2012-03-29T14:50:12","modified_gmt":"2012-03-29T14:50:12","slug":"uk-listed-mining-companies-a-the-case-for-stricter-oversight","status":"publish","type":"post","link":"https:\/\/earthsummit2012.stakeholderforum.org\/index.php\/uk-listed-mining-companies-a-the-case-for-stricter-oversight\/","title":{"rendered":"UK-Listed Mining Companies &#038; The Case for Stricter Oversight"},"content":{"rendered":"<p><span style=\"font-size: 10pt;\">The  case studies in this report reveal recent instances where UK-listed  companies\u2019 operations have had serious adverse impacts on workers\u2019  health and safety, individuals\u2019 and communities\u2019 human rights,  developing country economies, and the quality and availability of  natural resources.<\/span><\/p>\n<p><!--more--><\/p>\n<p><span style=\"font-size: 10pt;\">While  not all mining firms commit equally disturbing acts, and some companies  genuinely try to observe the benchmarks for good governance already in  place, there is persuasive evidence that such benchmarks are ignored  with impunity by others. None of the companies critiqued in this report  has been ousted from the LSE Main Market or AIM or been subject to a  thorough official examination of their alleged misdeeds. The report pays  special attention to Vedanta Resources, which is emblematic of multiple  failures prevailing under the FSA\u2019s regulatory \u2018light touch\u2019 of recent  years. Vedanta may not be the worst environmental and human rights  offender in every respect. (The company has not been accused of  complicity in the shooting down of citizens by security forces: an  accusation levelled in May 2011 against African Barrick \u2013 case study  3.1.) Nonetheless, charges against Vedanta continue to mount, lending  urgency to the debate on whether there should be a UK definition of a  corporate \u2018bad actor\u2019 \u2013 and one going beyond that outlined in the US  Dodd-Frank Act. Some of Vedanta\u2019s worst offences have been committed in  the past two years. <\/span><\/p>\n<p><span style=\"font-size: 10pt;\">To read the full report click <a target=\"_blank\" href=\"http:\/\/www.stakeholderforum.org\/fileadmin\/files\/Mining report.pdf\" rel=\"noopener\">here<\/a>.<\/span><\/p>\n<p><span style=\"font-size: 10pt;\"><br \/><\/span><\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The case studies in this report reveal recent instances where UK-listed companies\u2019 operations have had serious adverse impacts on workers\u2019 health and safety, individuals\u2019 and communities\u2019 human rights, developing country economies, and the quality&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[126],"tags":[],"class_list":["post-1017","post","type-post","status-publish","format-standard","hentry","category-mg-pubs"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/earthsummit2012.stakeholderforum.org\/index.php\/wp-json\/wp\/v2\/posts\/1017","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/earthsummit2012.stakeholderforum.org\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/earthsummit2012.stakeholderforum.org\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/earthsummit2012.stakeholderforum.org\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/earthsummit2012.stakeholderforum.org\/index.php\/wp-json\/wp\/v2\/comments?post=1017"}],"version-history":[{"count":0,"href":"https:\/\/earthsummit2012.stakeholderforum.org\/index.php\/wp-json\/wp\/v2\/posts\/1017\/revisions"}],"wp:attachment":[{"href":"https:\/\/earthsummit2012.stakeholderforum.org\/index.php\/wp-json\/wp\/v2\/media?parent=1017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/earthsummit2012.stakeholderforum.org\/index.php\/wp-json\/wp\/v2\/categories?post=1017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/earthsummit2012.stakeholderforum.org\/index.php\/wp-json\/wp\/v2\/tags?post=1017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}