HKS Affiliated Authors

Excerpt

Extracting with Purpose: Creating Shared Value in the Oil and Gas and Mining Sectors’ Companies and Communities, Shared Value Initiative, Hal A. Scott, October 2014, Paper, Oil and gas and mining companies operate in some of the most underdeveloped regions on earth. Many of the countries and communities in which they operate face significant challenges in health, education, economic development, and basic infrastructure. Meanwhile, the extractives sectors present an opportunity for social change on a massive scale: Five of the world’s twenty biggest companies operate in these sectors. While the social imperative is clear, so is the business imperative to improve interactions with host communities: companies lose billions each year to community strife. Link