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HOT TOPIC: What is the cost of CSR?

Done right, corporate social responsibility will produce a win-win outcome, but it doesn't come cheap. The most com...



Done right, corporate social responsibility will produce a win-win outcome, but it doesn’t come cheap. The most comprehensive programs are mounted by the largest, richest companies. Smaller companies should welcome the new federal government initiatives that may help them stretch their CSR money farther.

 

This week’s question concerns spending on CSR activities. If your company is working offshore (outside Canada or the United States), how much money do you spend annually on CSR programs? The money may be spent directly on programs managed in part by the corporation or be contributed to existing trusts, development programs or NGOs.

 

To indicate your company’s level of contributions, please go to www.CanadianMiningJournal.com and vote by clicking on the Hot Topic box on the right.

 

Last week’s response. Last week we asked readers whether or not they thought the merger of Suncor and Petro-Canada would speed the development of new oil sands project. Not many people, only 19, responded, but three out of four of them thought the merger would lead to faster development. The five who voted “no” probably have the slumping oil price in mind.