July 29, 2015
A Financial Post report on the risks facing Canadian companies that do not abide by their own corporate social responsibility claims references the comments of partner and co-head of the Mining and Metals Practice Michael Pickersgill from a December 2014 Post article on the issue. Below is an excerpt of the latest article.
While the precise nature of those legal responsibilities might be unclear, there’s no doubt there is some legal liability when a company makes a CSR commitment. The obvious response is to abide by the statements made.
Or as Mike Pickersgill, a lawyer with Torys LLP in Toronto, told Legal Post last December: “The magic rule is that if you build a system, you need to actually carry it out.”
To read the full article, click here.
For an analysis of Canadian resource companies and their CSR concerns, read our bulletin “Canadian Government to Withdraw Support from Canadian Resource Companies That Do Not Cooperate with Canada’s CSR Dispute Resolution Processes.”