Corporate social responsibility of newmont ghana pdf

Data were collected using the indepth interview, focus group. Corporate social responsibility in the mining industry. Corporate social responsibility csr which was seen as corporate. Corporate social responsibility, africa, ghana, mining industry. The most prominent of these is newmont, whose efforts at transparency and community benefits have garnered many international accolades. International journal of economics, commerce and management evaluating the effect of newmont gold limiteds corporate social responsibility on ahafo kenyasi ghana community development article.

Ahafo social responsibility agreements three agreements encompassing ten communities in the ahafo mine area. Linking or delinking sustainable mining practices and. Sustainability and environmental reports of a mining firm. In conference proceedings, 29th annual conference of the international association for impact assessment, accra, ghana. Newmont recognized for strong environmental, social and governance performance. Pdf corporate social responsibility of mining companies. Alex hope1 and anthony kwarteng2 abstract there is widespread recognition that organisations operating in the extractive industry need to gain a social license to operate slo from local communities in order to mitigate conflict and exposure to risk. Trade unions are well organised and companies are subject to regular inspection. The mining industry and corporate social responsibility econstor. It is not simple to make strategic decisions in the complex global system in which newmont functions. Pdf corporate social responsibility in the large scale gold mining. According to the draft national mining policy of ghana 2010 the gold mining. The purpose of this study was to investigate the effects of nggls corporate social responsibility activities on a peaceful relation with communities in their operational areas.

Corporate social responsibility and the gold mining. Corporate responsibility and compliance with the law. In ghana, both the government and private sector attach much importance to corporate social responsibility csr. Corporate social responsibility csr still has trouble with living up to its expectations.

These two concepts can bring significant benefits to a business. The ghana experience aimann sadik montclair state university follow this and additional works at. Corporate social responsibility for sustainable development the concept of. Challenges of corporate social responsibility csr in. The newmont ahafo development foundation putting shared. Roles and responsibilities on how the company and community will engage employment guidelines in the hiring of local workforce creation of the ahafo social responsibility foundation as a structure to fund and advance selected. An assessment of newmont, kinross, and china gold investments in ghana received research ethics approval from the university of albertaresearch ethics board. Instead, a case study of newmont minings csr initiatives in peru 1 to date, much of the literature published on the role of csr in development has been produced under unrisds business responsibility for sustainable development programme between 20002005. Newmont reports 2019 gold mineral reserves of 100 million ounces, largest in company history. Ghanaian mining industry, and thereby influence positive business practices, living.

Pdf corporate social responsibility csr in the mining industry. The concepts of ethical behavior and corporate social responsibility have come to the fore in recent years in both developed and developing countries as a result of growing sense of corporate wrongdoing. Delivering on our commitments is a key pillar of our business strategy. Ppt corporate social responsibilities of newmont mining. It is then prescribes that regulations and laws to commit companies to be apparent, satisfactory consideration ought to be given to social accounting regarding social cost and to agree to the establishment of corporate social responsibility. The case study focused on the corporate social responsibility activities of nggl and their effects on community relations in the asutifi north district of ghana. Safety we take care of our safety, health and wellness by recognizing, assessing and managing risk, and choosing safer behaviors at work and home to reach our goal of zero harm integrity we behave ethically and respect each other and the customs, cultures and laws wherever we operate sustainability we serve as a catalyst for local economic development. But with regards to corporate social responsibility, newmont is one of the most committed corporations in the country not just within the mining industry, but among all of corporate ghana. Introduction in 2008, ten communities in the brong ahafo region of ghana entered into agreements with newmont ghana gold ltd newmont ghana, who had already begun mining. Gold mining and the discourses of corporate social. Pdf corporate social responsibility of mining companies in. The countrys environmental protection agency epa is a role model for the rest of africa. Corporate social responsibilities of newmont mining company to the catchment communities in brong ahafo. The company is an industry leader in value creation, supported by robust safety standards, superior execution and technical proficiency.

Corporate social responsibility in the ghanaian mining. Launched responsible sourcing strategy to position newmont as a trusted and leading source of responsible gold. Pdf there has been large scale gold mining in ghana for at least the last one hundred years. Mining community development agreements world bank. Sustainability and environmental reports of a mining firm in ghana. Newmont is focused on delivering sustainable value for our people, stakeholders and host communities, now and in the future. Newmonts outstanding attitude to corporate social responsibility takes form in arguably the most innovative and effective structures for this purpose seen.

Corporate social responsibility in the large scale gold mining. Corporate social responsibility is how we colour the lives around us. To assess the approaches to csr practices of newmont gold ghana ltd at ahafo. Drawing on extensive fieldwork material collected in ghanaian communities located around the project sites of newmont mining corporation and kinross gold corporation, the monograph employs critical discourse analysis to accentuate how mining corporations use csr as a discursive alibi to gain legitimacy and dominance over the social order, while. Corporate social responsibility csr remains a new concept in ghana albeit a thriving one which has now engaged the attention of many businesses. In recent years, corporate social responsibility csr has increasingly been exposed to political discourse. Based on fieldwork collected from the newmont mining corporation and kinross gold corporation sites, it explores the impact of mining on cases in the african, caribbean, and south american regions. Research into corporate social responsibility csr in ghana generally, has seen increased scholarly attention but same cannot be said of the specific area of csr and international business ib, ironically though much of the data on csr research comes from ibs. The national corporate social responsibility csr policy has been launched to promote the contribution of firms to the socioeconomic development of communities within their sphere of influence. This means a commitment to the environmental protection and stimulation of sustainable development, where we operate yanacocha, 2004.

To assess the approaches to csr practices of newmont gold ghana ltd at ahafo kenyasi. In this study, we consider two major mining companies in ghana, anglogold ashanti and newmont ghana gold limited, and draw on a sample from communities. Its relative freshness perhaps accounts for its amorphous nature as many businesses seek to propound their involvement in csr even though such involvement very often amounts to something purposely altruistic and quite negligible and, at times, clearly done on ad hoc basis. Ghanas dual governance especially land tenure structure complicates the challenges of the mining sector. This is as the result of the social and environmental effects that emanate from corporate activities in contemporary times. The anthropology of corporate social responsibility explores the meanings, practices, and impact of corporate social and environmental responsibility across a range of transnational corporations and geographical locations bangladesh, cameroon, chile, the democratic republic of the congo, ghana, india, peru, south africa, the uk, and the usa. For the latest news and information about newmont, follow us on twitter and facebook. Motivations for providing csrmediated initiatives in. However, due to prevailing community concerns and the negative ramifications of their activities on local livelihoods, they tend to embrace this idea both in discourse and actual corporate social.

Corporate social responsibility csr and sustainability are two of many terms used to describe the social and environmental contributions and consequences of business activity. Fulfilling corporate social responsibility, newmonts. The anthropology of corporate social responsibility on jstor. Canada, ghana, kyrgyzstan republic, liberia, papua new guinea, lao pdr, nigeria, usa and elsewhere for their participation in the case studies and consultations. The state of corporate social responsibility research in. Newmont values feedback on the report or any other aspect of newmonts sustainability performance and invites readers to complete an online survey. Corporate social responsibility and the gold mining industry. Corporate social responsibility and international business. We believe the protection of the health and wellbeing of our people, environmental stewardship and being a catalyst for sustainable economic. The ahafo social responsibility agreement herewith called the agreement, is made on between newmont ghana gold limited whose address is c82526, lagos avenue, east legan accra, in the greater accra region of ghana hereinafter with its successors and assigns referred to as the company of the. The notion of sustainable development lies in progress within three dimensions.

Corporate social responsibility in the ghanaian mining industry by frank boateng mphil, kwame nkrumah university of science and technology, 2015 fcmi, chartered management institute, 2014 mba, university of leicester, 2009 bs, central university ghana, 2006 dissertation submitted in partial fulfillment of the requirements for the degree of. Newmont brings first autonomous haulage fleet to gold mining industry. For example, newmont mining has stated that the new mining implies social responsibilities. In ghana the concept has tended to focus on the external environment to the neglect of the internal environment from where employees operate. This paper considered relevant literature pertaining to the subject matter, the views of community members. The case of newmont ghana gold limited at ahafo article pdf available december.

Corporate social responsibility of mining companies in. This necessitated an assessment of the corporate social responsibility of newmont ghana gold limited at ahafo in ghana. This paper considered relevant literature pertaining to the subject matter, the views of community members within the mining enclave of ahafo as well as that of newmont ghana gold limited. Corporate social responsibility, drivers of csr, gold mining, ethical philosophy, community development, gold fields ghana, anglogold ashanti, newmont ghana gold introduction why will a profitmaking mining firm set aside resources for corporate social responsibility csr, a term that sym. About newmont founded in 1921 and publicly traded since 1925, newmont is a leading producer of gold and copper. In spite of the growing popularity of this endeavor, it can be argued that it is not a corporations primary objective to advance development in areas where they operate. Corporate social responsibility of mining companies in ghana.

This is to yield positive and sustainable impacts towards the achievement of the principles of the millennium development goals and sustainable livelihoods. Csr corporate social responsibility csrm centre for social responsibility in mining. Pdf csr and sustainable development in the mining industry. A case study of land, dispossession, and aftermath at newmonts ahafo project in ghana radu mares radu mares is a senior researcher at the raoul wallenberg institute of human. Though studies such as csr disclosure in the developed and the developing countries are connected to both africa and the global community, ali et al. Corporate social responsibility in the large scale gold. Pdf corporate social responsibility in the ghanaian context. Part of theenvironmental sciences commons this dissertation is brought to you for free and open access by montclair state university digital. Csr and sustainable development in the mining industry. Newmont ghana, another mining company operating in ghana, also constructed a twounit nurses quarters to the people of yawusukrom as part of its csr. To determine the effect of csr practices of newmont gold ghana ltd on its social and reputation capital at ahafo kenyasi. To assess the perception of residents of ahafo kenyasi on the csr practices of newmont gold ghana ltd. Limited, golden star resources, and newmont ghana gold limited. The book provides an analysis of corporate social responsibility development in ghana.

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