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Overcoming a key barrier to stakeholder empowerment in the extractive industries

Publication date:

2 020


Columbia Center on Sustainable Investment (CCSI)

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Columbia Center on Sustainable Investment (CCSI)

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Publication type:


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Go to resource

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Negotiation stage:

2. Pre-Negotiation


Extractive Industries Investment Mining Oil & Gas

Long description:

Informational asymmetries can both reflect and perpetuate power asymmetries, undermining governance and development outcomes along the way. This piece, by CCSI's Senior Fellow Tom Mitro, proposes a tool for addressing one of the informational barriers to leveling the playing field between global extractives companies and host country government officials and communities.

By drawing on impartial publicly-available information on company social and environmental track records, the tool could be used in a variety of ways to empower host governments and communities in their dealings with these companies.

Anyone interested in exploring a possible pilot of this tool should contact CCSI at

Roadmap references:

Pre-Negotiation Stage Prepare and Manage the Tender Process Prepare for the Negotiation Develop a Negotiation Position


Background Reading Contractual Terms