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The Approach to Corporate Social Responsibility in the Extractive Industries in Trinidad and Tobago and Guyana

In: Sovereign Wealth Funds, Local Content Policies and CSR

Author

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  • Alicia Elias-Roberts

    (University of the West Indies)

Abstract

This chapter outlines the legal framework of corporate law and the approach to CSR in Guyana and Trinidad and Tobago. It discusses ExxonMobil Guyana’s general approach towards CSR. It also discusses the worst experience with community involvement in the extractive resources industries in Guyana and one of the best experiences of CSR in the Caribbean, namely Trinidad and Tobago’s Mayaro Initiative for Private Enterprises Development (MIPED) programme. Additionally, an analysis of the main challenges that the extractive resources industries are facing with respect to CSR practices is highlighted. The conclusion analyses the compatibility of Guyana’s Green State Development Strategy and sustainable development under the CSR and evaluates Trinidad and Tobago’s NSCSRP.

Suggested Citation

  • Alicia Elias-Roberts, 2021. "The Approach to Corporate Social Responsibility in the Extractive Industries in Trinidad and Tobago and Guyana," CSR, Sustainability, Ethics & Governance, in: Eduardo G. Pereira & Rochelle Spencer & Jonathon W. Moses (ed.), Sovereign Wealth Funds, Local Content Policies and CSR, pages 527-544, Springer.
    • Handle: RePEc:spr:csrchp:978-3-030-56092-8_30
    DOI: 10.1007/978-3-030-56092-8_30
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    Cited by:

    1. Ermanno Affuso & Khandokar M. Istiak & Alex Sharland, 2022. "Sovereign wealth funds and economic growth," Journal of Asset Management, Palgrave Macmillan, vol. 23(3), pages 201-214, May.

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