xii
Preface
O&G social investment, and the complex positioning of social investment personnel,
particularly when their personal views were at odds with institutional policies and
practices.
Overall, this book demonstrates the complexity of O&G social investment, which
is often used as a single tool to address multiple issues, such as risk mitigation,
compensation, licence to operate and community development. The book concludes
with an alternative approach to O&G social investment, where social investment
represents one of the main tools of social engagement, rather than its substitute; and
where care, instead of profit, becomes the lynchpin of O&G social investment. I
hope that this book serves as a starting point from which companies, social investment experts, communities, host country governments and international banks can
build more participatory and community-centred social investment programmes to
promote positive futures for all people, rather than short-term gain for a few.
The book also provides the interviews questions utilised during the research
process. The contention is that this material provides researchers with guidance/tools
to investigate social investment in the extractive and renewable energy sectors more
broadly. Renewable energy operations and extractive industries impact local environments in myriad ways, and social investment may be deployed as a tool of impact
mitigation and compensation beyond the O&G sector. Consequently, extending this
book’s research could offer valuable insights for social investment experts and/or
academics working outside O&G, in the extractive and renewable energy sectors.
The other documents used in this research, such as informed consent form and
information sheet, as well as the pre-research recommendations from the advisory
group, which helped shape the research, are also provided in this book as a way to
provide research transparency and accountability.
Dunedin, New Zealand
Rafaela Costa Camões Rabello
Preface
O&G social investment, and the complex positioning of social investment personnel,
particularly when their personal views were at odds with institutional policies and
practices.
Overall, this book demonstrates the complexity of O&G social investment, which
is often used as a single tool to address multiple issues, such as risk mitigation,
compensation, licence to operate and community development. The book concludes
with an alternative approach to O&G social investment, where social investment
represents one of the main tools of social engagement, rather than its substitute; and
where care, instead of profit, becomes the lynchpin of O&G social investment. I
hope that this book serves as a starting point from which companies, social investment experts, communities, host country governments and international banks can
build more participatory and community-centred social investment programmes to
promote positive futures for all people, rather than short-term gain for a few.
The book also provides the interviews questions utilised during the research
process. The contention is that this material provides researchers with guidance/tools
to investigate social investment in the extractive and renewable energy sectors more
broadly. Renewable energy operations and extractive industries impact local environments in myriad ways, and social investment may be deployed as a tool of impact
mitigation and compensation beyond the O&G sector. Consequently, extending this
book’s research could offer valuable insights for social investment experts and/or
academics working outside O&G, in the extractive and renewable energy sectors.
The other documents used in this research, such as informed consent form and
information sheet, as well as the pre-research recommendations from the advisory
group, which helped shape the research, are also provided in this book as a way to
provide research transparency and accountability.
Dunedin, New Zealand
Rafaela Costa Camões Rabello