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The private sector and conflict prevention mainstreaming: risk analysis and conflict impact assessment tools for multinational corporations

Author: Ashley Campbell, Published on: 1 May 2002

The diversity of MNCs and the complexity of conflict situations necessitate a new approach to risk analysis and impact assessment. The first step in ensuring that MNCs are capable of implementing conflict prevention strategies is to adapt available risk analysis methodologies and frameworks so that they better match private sector needs. At the same time, there must also be incentives for corporate decision-makers to become more actively involved in conflict prevention and risk management. In addition, governments, civil society groups, and trade/industry associations ought to cooperate to provide greater clarification of the expected role and perceived responsibilities of MNCs in different conflict situations. In the future, intersectoral initiatives that provide encouragement and support to companies implementing conflict prevention strategies will generate greater global interest in the business of peace. [refers to Shell, BP, Rio Tinto, Unocal, Talisman]

Read the full post here

Related companies: BP Rio Tinto Shell Talisman (part of Repsol) Unocal (part of Chevron)