Wednesday, May 6, 2020

Ethical Issues Faced By Rio Tinto - Free Sample Solution

Question: Describe about the Ethical Issues Faced by Rio Tinto. Answer: Analysis Is it ethical that Rio Tinto utilize Aboriginal land in Australia without consent from traditional owner Rio Tinto main policy gains increased opportunities especially for indigenous Australians as reflected in the agreement. This makes use of Aboriginal Traditional owners as well as Aboriginal groups affecting Rio Tinto operations. In addition, Rio Tinto Corporation enters into agreements pertaining towards exploration in terms of land access agreements as well as mining in mine regional development agreements (Kapelus, 2012). Rio Tinto majorly operates in more than 100 land access agreements as well as 10 mine regional development agreements. Addition to that, this company negotiates formal binding agreements with major host indigenous communications depending upon mutual obligations. This particularly ensures communities in getting better results as driven by own destinies. Mine Regional Development agreements renders long-term foundation especially for building cordial relationships with local communities. This majorly covers areas like formal recognition of indigenous land interest as well as distribution and management. Addition to that, it takes into consideration cultural heritage protection for accessing environmental management in case of rendering cross-cultural training as well as community support for operational activities (Blowfield, 2013). Therefore, Mine regional development agreements aims at setting up an institutional partnership within business and host community at the same time. This help in maintaining partnership whereby Indigenous communities as well as operations seeks engagement with meeting the rising need of traditional community. Reference List Blowfield, M. (2013). Ethical trade: a review of developments and issues.Third World Quarterly,20(4), 753-770. Kapelus, P. (2012). Mining, corporate social responsibility and the" community": The case of Rio Tinto, Richards Bay Minerals and the Mbonambi.Journal of Business Ethics,39(3), 275-296.

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