6 Social and Governance Considerations
Section Overview
| Duration | Slides | Materials | Key Points |
|---|---|---|---|
| 84-96 | Participants need to be aware of governance and social requirements. |
6.1 Land and Natural Resource Ownership
Businesses need to be aware of different types of rights. This section highlights the difference between ownership and access rights. Clearly communicate that paying attention to both ownership and stewardship of resources is part of stakeholder engagement.
- Stewardship
- The responsible and ethical management and care of resources, assets, or affairs entrusted to an individual or organization. Stewardship involves making decisions that consider the long-term well-being and sustainability of the entrusted entities.
- Stakeholder
- People or groups who have an interest or involvement in the success or activities of a business or project. This includes employees, customers, investors, and the local community.
6.2 Human Rights, Gender, Youth and IPLCs
Businesses, particularly those focused on improving the world, need to pay special attention to marginalized or otherwise underrepresented groups. These groups include workers, people who are not men, youths and Indigenous Peoples and Local Communities.
The main point of the following slides is to make Restoration Explorer participants aware of the importance, challenges but also opportunities that engagement with these groups can bring to an enterprise. For an example, we refer you to “The business case for change”.