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Social Licence to Operate
To request your copy of our free Social Licence to Operate Handbook, call us on +61 3 8636 1111.
When people or activist groups become concerned about the impact a business or project has on them, it can quickly affect a company’s commercial interests.
All too often, groups of concerned citizens opposed to a business or project will successfully pressure politicians and regulators to take action. They don't even need to be local - today activist groups around the world are impacting projects irrespective of where they’re located. The outcome can be devastating for businesses, as they discover that complying with tougher regulations and dealing with increased public scrutiny can make a previously profitable project unviable.
A social licence to operate is the community’s tacit consent for a business or project to exist. It sits alongside a company’s regulatory licences to help protect it from the uncertain outcomes of community concern and public outrage.
Companies with a social licence to operate can predict and measure community concerns about their projects, allowing them to control the debate around contentious issues and ensure it leads to more predictable and sensible policy outcomes. It allows companies to have an active eye to the future so they can identify emerging opportunities and avoid crises.
Futureye has over a decade of experience in helping our clients gain and sustain their social licence to operate.