Environmental, Social, Governance (ESG) risk is increasingly a strategic Board level issue for companies and investors. We help companies enhance and protect business value, by ensuring the management of ESG risks is considered alongside all other relevant factors – such as geopolitical, security, corruption, reputational, and other jurisdictional risks – and is integrated into business management.
CASE STUDY – LATIN AMERICA
CHALLENGE
A comprehensive risk diagnosis by a small team highlighted existential challenges to a Tier 1 gold mining company’s Licence to Operate (LTO), and therefore to company operations as a whole.
SOLUTION
Following withdrawal of license and closure of mine, a team deployed to write the LTO strategy needed to protect company value and reputation, drawing on the earlier risk assessment. As a result, their license was restored .
OUTCOME
The client is now in a position to implement a strategy for mitigating risk across the business and achieve its long-term vision. Value protected: $2 billion.
CASE STUDY – CAUCASUS
CHALLENGE
Prevention of access to mine by violent protesters leading to project delay and an unforeseen cost, tens of $m per week, that was threatening the company’s balance sheet.
SOLUTION
A partner deployed to assess the situation working with the client’s security manager – supported up by Strategia’s regional and ESG expertise on a ‘reach back’ basis. Consultation with company staff, local and national level stakeholders, along with physical reconnaissance of the area, revealed that the issue was multi-dimensional, involving third parties who were active ‘behind the scene’. We then ran a workshop with the mine’s management to explore options to resolve the impasse.
OUTCOME
Our recommendations prevented an escalation of the situation that would have been disastrous for the company’s long-term License to Operate.
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Contact Us
To find out more or to speak to us about any of our services, please contact us by email info@strategiaworldwide.com