Beyond CSR? The Global Business of Local Sustainability

In recent years there has been increasing emphasis on the need for greater involvement of global business in fostering local sustainability. Old forms of business ethics and corporate social responsibility are being replaced by sustainable business practices in which the private sector plays a key role. Nevertheless the role of the market in mitigating the conflicting demands of the global economy and local livelihoods is under-investigated. This book focuses on the apparent contradiction between skilled labour shortages in the global extractive industry and a lack of human capital opportunities for the local population in resource regions. The book explores the linkage between global mining and local livelihoods which currently is not only causing productivity losses in the industry on account of delays and extra wages for imported labour but is also fostering discontent and tensions in the regions concerned. The book is based on research findings field observations and interviews with local corporate and government officials and community-based organisations. The research suggests remedial measures to enhance global business involvement in fostering local sustainability.