"Resource extraction companies must at least review these new FPIC standards and consider their adoption if they are to ensure their expensive investments see a return. And the more progressive companies are the ones that are recognizing the need for community consultation and the delivery of tangible benefits to impacted communities. If FPIC [Free, Prior and Informed Consent] has not yet fully arrived, it is clearly on the horizon." - Robert Walker, Vice President of Sustainability for Ethical FundsSee: Sustainability Perspectives: Winning the Social License to Operate - Resource Extraction with Free, Prior, and Informed Community Consent, by The Ethical Funds Company
FPIC is enshrined in the U.N. Declaration on the Rights of Indigenous Peoples.
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