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Hydro is a Fortune 500 energy and aluminium supplier operating in ...

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It <strong>is</strong> important to obta<strong>in</strong> social knowledge <strong>and</strong> anticipate <strong>is</strong>sues at the earliest<br />

possible stage of any project; the consequences of our presence must also be<br />

mapped <strong>in</strong> a systematic way. A Social Impact Assessment (SIA) covers th<strong>is</strong>. An<br />

SIA can give valuable <strong>in</strong>put to project design <strong>and</strong> plann<strong>in</strong>g, also <strong>in</strong> exit projects.<br />

Suggested approach<br />

1. Def<strong>in</strong>e the scope:<br />

The scope of a SIA depends on the<br />

size <strong>and</strong> type of the activity, as well as the<br />

location. The scope should be based on<br />

the basel<strong>in</strong>e study, stakeholder dialogue,<br />

<strong>and</strong> your social knowledge.<br />

2. Ensure objectivity <strong>and</strong><br />

a balanced analys<strong>is</strong>:<br />

A company engaged <strong>in</strong> a project<br />

may not be seen as <strong>in</strong>dependent <strong>in</strong> its<br />

evaluation. Therefore external expert<strong>is</strong>e<br />

may be adv<strong>is</strong>able.<br />

■ Select the right expert<strong>is</strong>e:<br />

To ensure competence, credibility,<br />

neutrality, ethical st<strong>and</strong>ards, <strong>and</strong> stakeholder<br />

acceptance.<br />

■ Carry out the SIA at an early stage:<br />

Make sure the SIA <strong>is</strong> carried out early<br />

enough to provide <strong>in</strong>put to project<br />

design <strong>and</strong> plann<strong>in</strong>g.<br />

■ Company <strong>and</strong> stakeholders<br />

must be <strong>in</strong>volved:<br />

If a consultant makes the SIA,<br />

both stakeholder <strong>and</strong> company<br />

representatives must be <strong>in</strong>volved<br />

<strong>in</strong> the assessment process.<br />

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