Abstract
I advocate for the establishment of a Code of Ethics for social performance professionals, particularly in the extractive and energy industries where faster and more production is essential for the energy transition. Demand for social performance practitioners is increasing. As the profession evolves, it faces significant challenges due to a lack of standardised qualifications and frameworks. In this opinion piece, I underscore the critical role social performance professionals play in advising corporate decision-making and the necessity for professionalisation of the field. A Code of Ethics recognises three unique aspects of social performance practice that demand specific ethical guidance: multi-stakeholder accountability, complex power dynamics, and consideration of long-term impacts. The concept of ethical maturity in practitioners’ decision-making processes is discussed, and a set of ethical principles proposed, illustrated with practical scenarios. I conclude by emphasising that a well-defined Code of Ethics is essential for building a profession that is valued for its accountability, integrity and culture of ethics. Dialogue among practitioners and stakeholders is crucial to ensure that the code reflects the complexities of social performance practice and contributes to responsible business practices.
Original language | English |
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Article number | 101573 |
Number of pages | 8 |
Journal | Extractive Industries and Society |
Volume | 20 |
Early online date | 7 Nov 2024 |
DOIs | |
Publication status | E-pub ahead of print - 7 Nov 2024 |
Keywords
- social performance
- social license to operate
- stakeholders
- ESG
- business ethics
- corporate social responsibility
- business and human rights