Good Companies Have Good Indigenous Relations

Standing Rock #DAPL

With greater awareness of environmental and social issues investors have asked companies to report on how their activities impact communities. Corporate social responsibility (CSR) reports are standard for large corporations nowadays which let investors (and interested parties) see what the company has been up to reconcile any negative impacts the company has perpetuated. Increasingly, investors are asking for CSR statements to include indigenous issues since companies that ignore local concerns tend to perform worse, a good example of this is the recent debacle of the Dakota Access Pipeline.

In Canada and around the world, we are entering a time where the prudent company is the company that secures Indigenous consent before beginning activities, involves Indigenous peoples as partners, and works with them to establish a clear framework for ongoing relations in order to renew and maintain relationships. For investors, strong Indigenous relations are a marker that a company is a stable investment, with management foresight, solid partnerships and prospects for sustainable growth.

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