VPSHR Training Specialists and Advisors
Risk Mitigation
The negative effects of any perceived complicity in human rights violations carried out by; on behalf of; or with the acquiescence of extractive industry companies, have potentially far reaching effects.
These effects could include:
Criminal Prosecution by State Instrument
Civil Law Suit; most prevalent US Alien Tort Claims Act (1789)
http://www.business-humanrights.org/Categories/Lawlawsuits/Lawsuitsregulatoryaction/AlienTortClaimsActUSA?&batch_start=11
Criminal Prosecution by International or National instrument e.g. International Criminal Court, US Racketeer Influenced and Corrupt Organizations Act (RICO Act)
Adverse NGO/Media attention, investigation and reporting
Negative impact on company share value and reputation
Loss of community, governmental or other stakeholder support