Props to governance structures that consider the principles of FPIC with Indigenous representation. Understanding this is crucial for big companies developing reconciliation action plan committees. #FPIC #IndigenousRepresentation #Governance #ReconciliationActionPlan
TSM Governance Update: Yesterday, the MAC Board of Directors passed a motion that provides the Community of Interest Advisory Panel (COI Panel) with decision-making authority over the TSM program. This means that the globally recognized ESG program will now be governed jointly by the MAC Board and the independent TSM COI Panel. The revised Terms of Reference for the panel now stipulates that no decision on TSM can proceed if all Indigenous representatives on the panel are opposed, reflecting the fundamental relationship that exists today in Canada between the mining sector and Indigenous peoples. https://lnkd.in/dJB5QRkf