Tool 1 – Identifying and Characterising Stakeholders
Stakeholders play a vital role in company efforts to implement the VPs. Tool 1 helps companies identify specific stakeholders that could potentially inform or play a role in their efforts to implement the VPs.
Stakeholder engagement is helpful as it allows companies to:
- Conduct useful risk assessments by obtaining credible information on a country, region and project location
- Respond effectively to allegations of human rights abuses
- Provide early warning of potential challenges in the relationships between companies, communities and other stakeholders
- Work successfully with public and private security providers
- Understand which stakeholders may be vulnerable to the risks arising from security provisions
- Learn lessons on effective VPs implementation
- Obtain valuable support for company efforts to implement the VPs
Step Guide
STEP
1
Download the self-assessment worksheet 1.1 (p12)
STEP
2
Examine the list of stakeholder groups
STEP
3
Consider potential roles stakeholders have in implementing the VPs
STEP
4
List the specific stakeholders applicable to your company’s operations, in the right hand column of your self-assessment worksheet
Top Tips:
Stakeholders play a vital role in company efforts to implement the VPs. The step guide helps:
- Identify specific stakeholders that could potentially inform or play a role in implementing the VPs
- Prompt the identification of stakeholders for a specific project. The list of roles, therefore, are not exhaustive
- Demonstrate that governments, NGOs and communities are particularly relevant to the VPS
- Map stakeholder level of influence and interest. Using a stakeholder mapping framework (p78) will help a company understand where to begin working with stakeholders on VPs implementation