Share

Publications

book

OECD Due Diligence Guidance for Meaningful Stakeholder Engagement in the Extractive Sector

Companies can contribute to positive social and economic development when they involve stakeholders, such as local communities, in their planning and decision making. This is particularly true in the extractive sector, which is associated with extensive social, economic and environmental impacts. The OECD has prepared a Due Diligence Guidance for Meaningful Stakeholder Engagement in the Extractive Sector intended to provide practical guidance to mining, oil and gas enterprises in addressing the challenges related to stakeholder engagement. This guide is part of the work the OECD undertakes to create practical sectoral applications for the recommendations found in the OECD Guidelines for Multinational Enterprises. Find out more about OECD work on stakeholder engagement in the extractive sector please see: https://mneguidelines.oecd.org/stakeholder-engagement-extractive-industries.htm.

Published on February 02, 2017Also available in: German, Spanish, French

Key Information

Stakeholder engagement should be integrated into project planning and regular business operations through sharing of decision-making power with interested and affected parties.
Stakeholder engagement should be driven by stakeholders through ongoing consultation and follow-through.
Stakeholder engagement strategies should prioritise engagement with most severely affected rather than most influential stakeholders.