Stakeholder Management
Challenges
Government and community requirements have escalated considerably in the face of worldwide sustainability concerns - and the mining industry has been challenged to respond.
- Increasing business processes and legislative requirements associated with private landowners, regulatory bodies and service providers.
- Numerous stakeholders with regard to access, exploration, construction and extraction.
- Legal permits and negotiated agreements that stipulate conduct and behaviour as well as payments and compensations.
- A structured approach to land, tenement and stakeholder management is essential.
Solution
Oracle's Land, Tenement and Stakeholder Management Solution captures comprehensive stakeholder information to ensure you're meeting all the requirements.
- Manage complex relationships with and between stakeholder hierarchies and roles along the life cycle of the relationship.
- Improve accountability with proper tracking of stakeholder interactions with regulatory bodies.
- Manage compensation agreements, including automatic stakeholder payments and adjusting payments based on the CPI or other indices.
- Model and manage site information such as exploration site, private land title and native land title including site classification and hierarchies.
Benefits
Reduce the time and complexity of stakeholder management
- GREATER STAKEHOLDER ENGAGEMENT
- GREATER ACCOUNTABILITY AND TRANSPARENCY
- IMPROVED ACHIEVEMENT OF CORPORATE AND SOCIAL RESPONSIBILITY GOALS