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Driving financial value


         Case Studies on CSR and Value Creation



                             CSR Training Seminar
                             May 16, 2007
                             Canadian Foreign Service Institute — CFSI
                             Gatineau (Hull), Canada




                                                        Presented by:
                                                        Wayne Dunn
                                                        www.waynedunn.com
                                                        info@waynedunn.com



                                    A History of Creating Innovative Partnerships

Page 1
Driving financial value


Some Examples

  Placer Dome (Barrick) South Africa
         Global reputation
         Regulatory insights/opportunities
         Labour force management

  CSR Developments
         Employee attraction
         Investor interest
         Product marketing

  Shea Butter Market
         Product marketing
            Distributors/sales reps
            End users
         Support network

                                                      A History of Creating Innovative Partnerships

Page 2
Driving financial value


Placer Dome Care Project 7 Years Out

  We went to the Dept of Mineral and Energy to discuss a Social and
     Labour Plan (SLP) we submitted for the Sedibelo Platinum project.
     The SLP includes all the Community Development programs we
     intend to implement in detail. This is a document the Department
     must approve before a Mineral Right Application is granted. It
     consists of three sections, and this section is the cause of non
     approval in most of the cases. If it is not approved, you are not
     allowed to mine, as simple as that. So you can imagine the
     importance of the document.
  As the meeting went on, I heard concepts and requirements very well
     known to me. This went on for about one and a half hours.
  At a point I told the woman that I clearly understand what she was
     saying and what the Department’s requirements are and
     furthermore, if she has ever heard of the Placer Care Project,
     because we have followed a similar process. Guess what, the
     Department of Mineral and Energy has based their Social and
     Labour Plan requirements on the Placer Care Model. It has become
     a legal requirement. She knew it in detail.
  Phillip Von Wielligh – Barrick/Placer Dome
                                                        A History of Creating Innovative Partnerships

Page 3
Driving financial value


Summary

         Why       Because it is smart business and
                   creates/preserves value
         How not   Don’t simply throw money at social
                   environmental issues
         How       Systematic and Value Creation Focused
                   Measure, Measure, Measure – tie to
                   corporate value framework



                                      A History of Creating Innovative Partnerships

Page 4
Driving financial value


Main Point in Briefings


    CSR is about
       value
    creation not
      Charity

         Always link
            them
                                A History of Creating Innovative Partnerships

Page 5
Driving financial value


Questions and Discussion




                        A History of Creating Innovative Partnerships

Page 6

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CSR and Value Creation: Case Studies presented at the Canadian Foreign Services Institute: Ottawa, Canada

  • 1. Driving financial value Case Studies on CSR and Value Creation CSR Training Seminar May 16, 2007 Canadian Foreign Service Institute — CFSI Gatineau (Hull), Canada Presented by: Wayne Dunn www.waynedunn.com info@waynedunn.com A History of Creating Innovative Partnerships Page 1
  • 2. Driving financial value Some Examples Placer Dome (Barrick) South Africa Global reputation Regulatory insights/opportunities Labour force management CSR Developments Employee attraction Investor interest Product marketing Shea Butter Market Product marketing Distributors/sales reps End users Support network A History of Creating Innovative Partnerships Page 2
  • 3. Driving financial value Placer Dome Care Project 7 Years Out We went to the Dept of Mineral and Energy to discuss a Social and Labour Plan (SLP) we submitted for the Sedibelo Platinum project. The SLP includes all the Community Development programs we intend to implement in detail. This is a document the Department must approve before a Mineral Right Application is granted. It consists of three sections, and this section is the cause of non approval in most of the cases. If it is not approved, you are not allowed to mine, as simple as that. So you can imagine the importance of the document. As the meeting went on, I heard concepts and requirements very well known to me. This went on for about one and a half hours. At a point I told the woman that I clearly understand what she was saying and what the Department’s requirements are and furthermore, if she has ever heard of the Placer Care Project, because we have followed a similar process. Guess what, the Department of Mineral and Energy has based their Social and Labour Plan requirements on the Placer Care Model. It has become a legal requirement. She knew it in detail. Phillip Von Wielligh – Barrick/Placer Dome A History of Creating Innovative Partnerships Page 3
  • 4. Driving financial value Summary Why Because it is smart business and creates/preserves value How not Don’t simply throw money at social environmental issues How Systematic and Value Creation Focused Measure, Measure, Measure – tie to corporate value framework A History of Creating Innovative Partnerships Page 4
  • 5. Driving financial value Main Point in Briefings CSR is about value creation not Charity Always link them A History of Creating Innovative Partnerships Page 5
  • 6. Driving financial value Questions and Discussion A History of Creating Innovative Partnerships Page 6